PROG Holdings Q2 FY26 net earnings from continuing operations slip 0.5% to $37.4 million; revenue rises 22.3% to $719.7 million
PRG•Quarterly results
PROG Holdings posted Q2 net earnings from continuing operations of $37.4 million, while revenue climbed 22.3% to $719.7 million.
Diluted EPS from continuing operations slipped to $0.92; non-GAAP diluted EPS rose 19% to $1.19.
Adjusted EBITDA from continuing operations increased 22.8% to $88.4 million; consolidated GMV jumped 60.1% to $902 million.
Segment performance and outlook
Progressive Leasing revenue fell 3.4% to $550.6 million, while Four revenue more than doubled to $35.1 million.
The company raised its 2026 revenue outlook to $3.03 billion-$3.1 billion, forecasting diluted EPS of $3.82-$4.06.
