PRG PROG Holdings, Inc.

CIK 0001808834 50 ready 8-Ks latest July 29, 2026, 8:24 AM ET RSS · JSON

Activity: NORMAL 2 filings / 30d vs 1 baseline Risk accumulating: repeated leadership change (2)

Ready 8-Ks 50

Latest filing August 5, 2026, 4:45 PM ET

Top materiality 0.85

Event mix earnings ×21 · dividend ×9 · other_material ×6

Sentiment 22 pos · 7 neg · 21 neu

Latest earnings reported 2026-Q1

Executive change recent →

Recent 8-K filings for PRG

Highest-materiality recent filing

PROG Holdings Q4 2023 revenue $577.4M (-5.7% YoY); EPS $0.41; initiates quarterly dividend and $500M buyback

February 21, 2024, 6:59 PM ET earnings materiality 0.85 positive item 2.02 item 5.02 item 8.01 item 9.01 ◈ Earnings Releases◈ executive_change

Q4 consolidated revenue $577.4M, net earnings $18.6M (diluted EPS $0.41), non-GAAP EPS $0.72.
Progressive Leasing GMV $547.6M (+1.2% YoY); provision for lease write-offs 7.0% within 6%-8% target.

Read filing →

July 29, 2026, 8:24 AM ET earnings materiality 0.80 positive item 2.02 item 8.01 item 9.01

PROG Holdings Q2 revenue $719.7M (+22.3%), raises FY2026 guidance; board member Curling dies

Q2 consolidated revenue $719.7M (+22.3% YoY); adjusted EBITDA $88.4M (+22.8%); non-GAAP EPS $1.19 (+19%).
May 7, 2026, 7:59 PM ET leadership materiality 0.65 positive item 5.02 item 5.07 item 8.01 item 9.01 ◈ Shareholder Votes ×4◈ executive_change ×2

PROG Holdings CEO Steve Michaels appointed Chairman; receives $5M RSU grant; declares $0.14 dividend

Steven A. Michaels named Chairman of the Board, effective May 7, 2026; Ray M. Robinson becomes Lead Independent Director.
April 29, 2026, 7:59 PM ET earnings materiality 0.80 positive item 2.02 item 9.01 ◈ Earnings Releases

PROG Holdings Q1 revenue $742.7M (+11.1%), Non-GAAP EPS $1.24 (+37.8%); raises FY outlook

Consolidated revenues $742.7M (+11.1% YoY); Adjusted EBITDA $90.3M (+29.2%).
April 7, 2026, 7:59 PM ET M&A materiality 0.65 neutral item 9.01

Prog Holdings amends 8-K to file Purchasing Power FY2024 audited financials; net loss $15.2M

Purchasing Power (P-Squared) FY2024 revenue $543.9M, net loss $15.2M.
March 10, 2026, 7:59 PM ET other material materiality 0.60 neutral item 7.01 item 9.01

PROG Holdings cuts FY2026 revenue outlook by ~$70M due to ASC 606 adoption for Purchasing Power

Total revenue guidance revised to $2.95B-$3.07B from $3.02B-$3.14B; Purchasing Power cut to $610M-$660M from $680M-$730M.
February 18, 2026, 6:59 PM ET earnings materiality 0.65 neutral item 2.02 item 9.01

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

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).
January 2, 2026, 6:59 PM ET M&A materiality 0.70 positive item 1.01 item 2.01 item 2.03 item 7.01 item 9.01 ◈ Debt Financings◈ M&A Transactions◈ Material Agreements

PROG Holdings closes $420M cash acquisition of Purchasing Power; $125M term loan added

Acquired Purchasing Power for $420M cash, funded via $125M incremental term loan, $135M revolver borrowings, and cash on hand.
December 2, 2025, 6:59 PM ET M&A materiality 0.80 positive item 1.01 item 7.01 item 9.01 ◈ Material Agreements

PROG Holdings acquires Purchasing Power for $420M; expands into employee benefit payments

Acquisition of Purchasing Power for $420M in cash; funded from cash on hand and debt financing.
October 22, 2025, 7:59 PM ET other material materiality 0.80 positive item 1.01 item 2.02 item 7.01 item 9.01

PROG Holdings sells $165M Vive credit card portfolio to Atlanticus; Q3 revenue $595.1M

Sold ~$165M in credit card/loan receivables to Atlanticus subsidiary for ~$150M cash; 3-year non-compete.
July 23, 2025, 7:59 PM ET earnings materiality 0.75 positive item 2.02 item 9.01

PROG Holdings Q2 rev $604.7M (+2.1%), EPS $0.95/$1.02; raises FY low-end guidance

Consolidated net earnings $38.5M vs $33.8M YoY; adjusted EBITDA $73.5M (12.2% margin).
April 23, 2025, 7:59 PM ET earnings materiality 0.75 negative item 2.02 item 9.01

PROG Holdings Q1 revenue up 6.6% but cuts FY2025 outlook on macro headwinds; Progressive Leasing GMV down 4%

Q1 revenue $684.1M (+6.6% YoY); net earnings $34.7M vs $22.0M; non-GAAP EPS $0.90 vs $0.91.
February 19, 2025, 6:59 PM ET earnings materiality 0.70 positive item 2.02 item 9.01

PROG Holdings Q4 revenue $623.3M, +8% YoY; non-GAAP EPS $0.80 above $0.72; sees FY25 revenue $2.52-2.59B

Q4 consolidated net earnings $57.5M vs $18.6M; GAAP diluted EPS $1.34 includes $27.6M deferred tax benefit.
October 23, 2024, 7:59 PM ET earnings materiality 0.75 positive item 2.02 item 9.01

PROG Holdings Q3 revenue $606.1M, EPS $1.94; raises full-year outlook

Consolidated revenue $606.1M (+4% YoY); net earnings $84.0M vs $35.0M.
July 24, 2024, 7:59 PM ET earnings materiality 0.80 positive item 2.02 item 9.01

PROG beats Q2 expectations, raises FY2024 revenue and EPS guidance; GMV up 7.9% YoY

Q2 revenue $592.2M (flat YoY); diluted EPS $0.77 vs $0.79; non-GAAP EPS $0.92 in line.
April 24, 2024, 7:59 PM ET earnings materiality 0.70 positive item 2.02 item 9.01 ◈ Earnings Releases

PROG Holdings Q1 2024: revenue $641.9M, adj EBITDA $72.6M, non-GAAP EPS $0.91; raises FY outlook

Consolidated revenue $641.9M (-2% YoY), adjusted EBITDA $72.6M (-19.1% YoY), diluted EPS $0.49; non-GAAP EPS $0.91.
February 21, 2024, 6:59 PM ET earnings materiality 0.85 positive item 2.02 item 5.02 item 8.01 item 9.01 ◈ Earnings Releases◈ executive_change

PROG Holdings Q4 2023 revenue $577.4M (-5.7% YoY); EPS $0.41; initiates quarterly dividend and $500M buyback

Q4 consolidated revenue $577.4M, net earnings $18.6M (diluted EPS $0.41), non-GAAP EPS $0.72.
January 25, 2024, 6:59 PM ET other material materiality 0.70 neutral item 2.02 item 2.05 item 7.01 item 9.01 ◈ Restructurings & Charges

PROG Holdings: $15M annual cost savings, Q4 GMV beats expectations

Annual pre-tax savings of ~$15M from workforce reduction, termination of independent sales agent agreements, and office consolidation.
October 25, 2023, 7:59 PM ET earnings materiality 0.75 positive item 2.02 item 9.01 ◈ Earnings Releases

PROG Holdings beats Q3 expectations; raises full-year outlook; Non-GAAP EPS $0.90 up 32.4% YoY

$0.76 GAAP diluted EPS; Non-GAAP diluted EPS $0.90, up 32.4% YoY.
September 21, 2023, 7:59 PM ET cyber materiality 0.70 negative item 8.01

PROG Holdings reports data breach affecting Progressive Leasing customers' PII including SSNs

Incident detected at Progressive Leasing; third-party cybersecurity experts engaged and law enforcement notified.
July 26, 2023, 7:59 PM ET earnings materiality 0.80 positive item 2.02 item 9.01 ◈ Earnings Releases

PROG Holdings Q2 beats, raises full-year 2023 outlook; Adj EBITDA up 44% YoY

Consolidated revenues $592.8M (down 8.7% YoY); non-GAAP diluted EPS $0.92 vs $0.52 YoY (+76.9%).
April 27, 2023, 7:59 PM ET earnings materiality 0.80 positive item 2.02 item 7.01 item 9.01 ◈ Earnings Releases

PROG Holdings beats Q1 2023 expectations, raises full-year earnings outlook

Q1 adjusted EBITDA $89.7M (+38.9% YoY); non-GAAP diluted EPS $1.11 (+94.7% YoY).
April 26, 2023, 7:59 PM ET earnings materiality 0.85 positive item 2.02 item 7.01 item 9.01 ◈ Earnings Releases

PROG Holdings Q1 beats: Non-GAAP EPS $1.11 (+94.7% YoY), raises FY outlook

Consolidated revenue $655.1M (-7.8% YoY); net earnings $48.0M vs $27.1M.
February 22, 2023, 6:59 PM ET earnings materiality 0.75 positive item 2.02 item 7.01 item 9.01 ◈ Earnings Releases

PROG Holdings Q4 2022 beats; non-GAAP EPS $0.84 (+25% YoY); revenue $612.1M

Q4 revenue $612.1M (-5.3% YoY); net earnings $36.1M; diluted EPS $0.73.
October 26, 2022, 7:59 PM ET earnings materiality 0.75 negative item 2.02 item 9.01

PROG Holdings Q3 revenue down 3.8%; cuts full-year outlook

Consolidated revenues $625.8M, down 3.8% YoY; net earnings $16.0M vs $57.4M.
July 27, 2022, 7:59 PM ET earnings materiality 0.85 negative item 2.02 item 9.01

PROG Holdings Q2 net earnings drop to $19.5M; GMV down 2.4%; adjusted EBITDA margin halves to 8%

Consolidated revenues $649.4M (-1.6% YoY); net earnings $19.5M vs $68.8M; diluted EPS $0.37 vs $1.02.
June 16, 2022, 7:59 PM ET earnings materiality 0.75 negative item 7.01 item 9.01

PROG Holdings cuts FY2022 outlook amid inflation; Q2 revenue $645-655M, EBITDA $45-50M

Q2 2022 revenue $645-655M; adjusted EBITDA $45-50M; lease write-offs expected in mid 9% range.
April 27, 2022, 7:59 PM ET earnings materiality 0.75 negative item 2.02 item 9.01

PROG Holdings Q1 revenues down 1.5% YoY; EPS falls to $0.49 from $1.16

Consolidated revenues $710.5M (-1.5% YoY); net earnings $27.1M vs $79.5M.
February 23, 2022, 6:59 PM ET earnings materiality 0.75 neutral item 2.02 item 9.01

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

Q4 consolidated revenues $646.5M (+6.8% YoY); diluted EPS $0.59 (non-GAAP $0.67).
December 8, 2021, 6:59 PM ET other material materiality 0.60 positive item 8.01 item 9.01

PROG Holdings completes $425M tender offer at $49/share, repurchases ~13.2% of shares

Final purchase price $49.00 per share; aggregate cost approx. $425M excluding fees.
December 6, 2021, 6:59 PM ET other material materiality 0.65 positive item 7.01 item 8.01 item 9.01

PROG Holdings completes $425M tender offer, buying 8.67M shares at $49/share, ~13.2% of outstanding

Purchased 8,673,469 shares at $49.00 per share for aggregate cost of ~$425 million.
November 26, 2021, 6:59 PM ET debt materiality 0.75 positive item 1.01 item 2.03 item 8.01 item 9.01

PROG Holdings closes $600M 6% senior notes due 2029; funds $425M stock tender offer

Closed $600M offering of 6.000% senior unsecured notes due November 2029.
November 8, 2021, 6:59 PM ET debt materiality 0.75 neutral item 7.01 item 8.01 item 9.01

PROG Holdings launches $600M notes offering to fund $425M tender offer at $44-$50/share

Offering $600M aggregate principal amount of senior unsecured notes due 2029 via private placement.

Executive changes

Role change

Ray M. Robinson

Lead Independent Director

PRG · PROG Holdings, Inc.

Effective: 2026-05-07
Filed: May 7, 2026, 7:59 PM ET

Mr. Michaels succeeds Ray M. Robinson, who has been appointed Lead Independent Director.

Role change

Steven A. Michaels

Chairman of the Board

PRG · PROG Holdings, Inc.

Effective: 2026-05-07
Filed: May 7, 2026, 7:59 PM ET

On May 7, 2026, PROG Holdings, Inc. (the "Company") announced that the Company's Board of Directors (the "Board") has elected Steven A. Michaels, the Company's President and Chief Executive Officer, to the additional position of Chairman of the Board, effective immediately.

Appointed

Robert Julian

Director

PRG · PROG Holdings, Inc.

Effective: 2024-11-12
Filed: November 13, 2024, 6:59 PM ET

Effective as of November 12, 2024, the Board of Directors (the "Board") of PROG Holdings, Inc. (the "Company"), upon the recommendation of the Nominating, Governance and Corporate Responsibility Committee, increased the size of the Board from nine directors to eleven directors and appointed Robert Julian and Daniela Mielke to fill the vacancies create by such increase.

Appointed

Daniela Mielke

Director

PRG · PROG Holdings, Inc.

Effective: 2024-11-12
Filed: November 13, 2024, 6:59 PM ET

Effective as of November 12, 2024, the Board of Directors (the "Board") of PROG Holdings, Inc. (the "Company"), upon the recommendation of the Nominating, Governance and Corporate Responsibility Committee, increased the size of the Board from nine directors to eleven directors and appointed Robert Julian and Daniela Mielke to fill the vacancies create by such increase.

Role change

Curtis L. Doman

Chief Innovation Officer

PRG · PROG Holdings, Inc.

Effective: 2024-02-21
Filed: February 21, 2024, 6:59 PM ET

On February 21, 2024, the Company announced that Curtis L. Doman, Co-Founder of Progressive Leasing, the Company's Chief Innovation Officer and a member of the Company's Board of Directors, will be retiring from his role as the Company's Chief Innovation Officer, effective immediately.

Appointed

Todd King

Chief Legal and Compliance Officer

PRG · PROG Holdings, Inc.

Effective: 2023-05-15
Filed: May 11, 2023, 7:59 PM ET

On May 11, 2023, PROG Holdings, Inc. (the “Company”) announced that the Company’s Board of Directors appointed Todd King as Chief Legal and Compliance Officer, effective as of May 15, 2023.

Departed

Vin Thomas

General Counsel and Corporate Secretary

PRG · PROG Holdings, Inc.

Effective: 2022-11-06
Filed: November 14, 2022, 6:59 PM ET

Effective as of November 6, 2022, Vin Thomas, General Counsel and Corporate Secretary of PROG Holdings, Inc., resigned from the Company for personal reasons.

Appointed

Vin Thomas

General Counsel and Corporate Secretary

PRG · PROG Holdings, Inc.

Effective: 2022-06-01
Filed: April 20, 2022, 7:59 PM ET

In connection with Mr. Fentress' retirement, the Company's Board of Directors appointed Vin Thomas as General Counsel and Corporate Secretary, effective as of June 1, 2022.

Departed

Marvin A. Fentress

General Counsel and Corporate Secretary

PRG · PROG Holdings, Inc.

Effective: 2022-05-31
Successor: Vin Thomas
Filed: April 20, 2022, 7:59 PM ET

On April 19, 2022, PROG Holdings, Inc. (the “Company”) announced that Marvin A. Fentress will retire as General Counsel and Corporate Secretary of the Company, effective as of May 31, 2022.

Earnings & guidance

2026-Q1 EPS reported $0.89 filing →

Materiality & sentiment trend

Max materiality 0.85 · Median 0.70 · Most common event earnings

22 positive 7 negative 21 neutral

source · PRG on sec.gov