{"schema_version":"secwatch.filing_event.v1","accession":"0001808834-25-000053","form_type":"8-K","ticker":"PRG","cik":"0001808834","company_name":"PROG Holdings, Inc.","filed_at":"2025-04-23T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.812378+00:00","generated_at":"2026-05-23T08:21:05.146505+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"PROG Holdings Q1 revenue up 6.6% but cuts FY2025 outlook on macro headwinds; Progressive Leasing GMV down 4%","bullets":["Q1 revenue $684.1M (+6.6% YoY); net earnings $34.7M vs $22.0M; non-GAAP EPS $0.90 vs $0.91.","Progressive Leasing GMV $402.0M (-4.0% YoY); write-offs 7.4% within target range.","Four Technologies GMV +145.7% YoY; achieved first quarter of positive adjusted EBITDA.","Full-year 2025 outlook reduced: revenue now $2.425B-$2.5B (prev $2.515B-$2.59B); diluted EPS now $2.62-$3.01 (prev $2.82-$3.22).","Q2 2025 guidance: revenue $575M-$595M; non-GAAP EPS $0.75-$0.85."],"urls":{"canonical":"https://secwatch.observer/filing/0001808834-25-000053","json":"https://secwatch.observer/filing/0001808834-25-000053.json","markdown":"https://secwatch.observer/filing/0001808834-25-000053.md","text":"https://secwatch.observer/filing/0001808834-25-000053.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1808834/000180883425000053/0001808834-25-000053-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1808834/000180883425000053/prg-20250423.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T08:21:05.146505+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}