PROG reported Q4 2025 revenue from continuing operations of USD 574.6 million (-5.2%) and net earnings of USD 40.5 million, including USD 19.9 million from continuing operations. Adjusted EBITDA from continuing operations was USD 61.5 million, and diluted EPS from continuing operations was USD 0.49; non-GAAP diluted EPS from continuing operations was USD 0.74 (-5.1%). Progressive Leasing Q4 GMV was USD 534.0 million (-10.6%), while PROG Marketplace GMV increased 187% and Four Technologies GMV grew 126%. PROG ended Q4 with cash of USD 308.8 million and gross debt of USD 600.0 million, paid a USD 0.13 quarterly dividend, and reported USD 309.6 million of remaining share repurchase authorization (no Q4 repurchases). Management cited impacts from a large partner bankruptcy at Progressive Leasing, said MoneyApp approached breakeven adjusted EBITDA by year-end, and highlighted the sale of the Vive portfolio and the announcement of the Purchasing Power acquisition. PROG issued FY 2026 guidance for revenue from continuing operations of USD 3.02-3.14 billion, net earnings from continuing operations of USD 132-155 million, adjusted EBITDA from continuing operations of USD 320-350 million, and diluted EPS from continuing operations of USD 3.34-3.79 (non-GAAP USD 4.00-4.45).
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PROG Holdings Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202602180730BIZWIRE_USPR_____20260218_BW359934) on February 18, 2026, and is solely responsible for the information contained therein.
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