---
schema_version: "secwatch.filing_event.v1"
accession: "0001808834-22-000012"
form_type: "8-K"
ticker: "PRG"
cik: "0001808834"
company_name: "PROG Holdings, Inc."
filed_at: "2022-02-23T23:59:59+00:00"
generated_at: "2026-06-27T05:35:47.678426+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# PROG Holdings Q4 revenue up 6.8% to $647M; diluted EPS $0.59; FY2022 outlook issued

## Summary
- Q4 consolidated revenues $646.5M (+6.8% YoY); diluted EPS $0.59 (non-GAAP $0.67).
- Progressive Leasing Q4 GMV $635M (+18.3%); e-commerce GMV up 45% year-over-year.
- Adjusted EBITDA $72.1M (11.2% of revenue) vs $94.6M prior year on normalized write-offs.
- Returned $439M to shareholders in Q4 via $425M tender offer at $49.00/share.
- FY2022 outlook: revenue growth 4-8%, adjusted EBITDA margin 11.5-12.1%, non-GAAP diluted EPS $3.25-$3.70.

## SEC filing metadata
- accession: 0001808834-22-000012
- form_type: 8-K
- ticker: PRG
- cik: 0001808834
- company_name: PROG Holdings, Inc.
- filed_at: 2022-02-23T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1808834/000180883422000012/0001808834-22-000012-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1808834/000180883422000012/prg-20220223.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001808834-22-000012
- JSON: https://secwatch.observer/filing/0001808834-22-000012.json
- Plain text: https://secwatch.observer/filing/0001808834-22-000012.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.