PROG Holdings — Third Quarter 2026 Earnings Summary

PROG Holdings reported third-quarter 2026 consolidated revenues of $725.8 million, representing a 25.6% increase year-over-year, with net earnings from continuing operations reaching $37.5 million. Adjusted EBITDA from continuing operations rose 21.8% to $80.0 million, while consolidated gross merchandise volume surged 58.9% to $912.0 million. The company announced an intention to execute a $100 million accelerated share repurchase program in the fourth quarter and replenished its existing buyback authorization to $500 million. Due to ongoing macroeconomic pressures, PROG Holdings revised its full-year 2026 revenue outlook downward to a range of $3.015 billion to $3.05 billion.