---
schema_version: "secwatch.filing_event.v1"
accession: "0001808834-26-000011"
form_type: "8-K"
ticker: "PRG"
cik: "0001808834"
company_name: "PROG Holdings, Inc."
filed_at: "2026-02-18T23:59:59+00:00"
generated_at: "2026-05-16T02:08:57.093458+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# PROG Holdings Q4 revenue $574.6M (-5.2% YoY); Non-GAAP EPS $0.74; FY2026 guidance issued

## Summary
- Q4 consolidated revenues $574.6M, down 5.2% YoY; net earnings from continuing ops $19.9M vs $58.3M (prior year included $27.8M deferred tax benefit).
- Non-GAAP diluted EPS $0.74 vs $0.78 (-5.1%); Progressive Leasing GMV $534M, down 10.6% YoY.
- Provision for lease write-offs 7.6% of leasing revenues, down 30 bps YoY; within 6-8% target.
- Full year 2026 outlook: revenues $3.02-$3.14B, Adj EBITDA $320-$350M, Non-GAAP EPS $4.00-$4.45.
- CEO cites large partner bankruptcy, sale of Vive, and Purchasing Power acquisition; Four GMV up 126% YoY.

## SEC filing metadata
- accession: 0001808834-26-000011
- form_type: 8-K
- ticker: PRG
- cik: 0001808834
- company_name: PROG Holdings, Inc.
- filed_at: 2026-02-18T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1808834/000180883426000011/0001808834-26-000011-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1808834/000180883426000011/prg-20260218.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001808834-26-000011
- JSON: https://secwatch.observer/filing/0001808834-26-000011.json
- Plain text: https://secwatch.observer/filing/0001808834-26-000011.txt

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