Upbound Group Q3 revenue beats on Acima, Brigit growth
UPBD•Upbound Group reported third-quarter revenue of $1.15 billion and adjusted EPS of $1.01, beating analyst estimates of $1.12 billion and $0.91. It narrowed its 2026 revenue outlook to $4.68 billion-$4.78 billion and plans to repurchase up to $50 million of common stock.
1. Quarterly results
Third-quarter revenue was $1.15 billion, compared with analyst expectations of $1.12 billion, while adjusted EPS of $1.01 beat the $0.91 estimate. Net income was $34 million and adjusted EBITDA was $123 million, with an adjusted EBITDA margin of 14.70%.
2. Outlook and drivers
Upbound Group narrowed its 2026 revenue outlook to $4.68 billion-$4.78 billion and expects adjusted EBITDA of $510 million-$525 million and non-GAAP diluted EPS of $4.15-$4.30. The company said improved underwriting discipline at Acima lifted profitability and lowered lease charge-off rates, Brigit had double-digit revenue and user growth, and Rent-A-Center extended same-store sales growth for a fourth consecutive quarter. It plans to repurchase up to $50 million of common stock.
