PROG Holdings, Inc. (PRG) Financial Statements
Industry: Equipment Rental & Leasing (Other) (Services)
In fiscal 2025, PROG reported revenue of $2.41B, down 2.2% from $2.46B the year before. Net income was $146.8M (a 6.1% net margin), or $3.59 per diluted share. Gross margin was 8.3% and operating margin was 8.6%. Operating activities generated $335.0M of cash, leaving $324.9M of free cash flow. At fiscal year end, PROG held $1.61B in total assets against $864.0M in total liabilities, including $308.8M of cash and equivalents.
Open the full interactive PROG financials → Quarterly statements, key ratios, valuation history and price charts.
PROG Key Stats
| Share Price | $30.58 |
|---|---|
| Market Cap | $1.25B |
| P/E Ratio | 8.5 |
| Revenue YoY Growth | -2.2% |
| 52-Week Range | $25.86 – $47.37 |
| Shares Outstanding | 40.2 million (basic, 2026 Q2) |
PROG Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $2.48B | $2.68B | $2.60B | $2.41B | $2.46B | $2.41B |
| Cost of Goods Sold | $2.21B | $2.34B | — | $2.18B | $2.27B | $2.21B |
| Gross Profit | $271.8M | $333.5M | — | $225.6M | $194.9M | $200.1M |
| Operating Income | $271.8M | $333.5M | $185.6M | $225.6M | $194.9M | $206.8M |
| Pre-Tax Income | $271.6M | $328.2M | $148.2M | $196.2M | $163.6M | $174.5M |
| Income Tax | $37.9M | $84.6M | $49.5M | $57.4M | -$33.6M | $50.2M |
| Net Income | -$61.5M | $243.6M | $98.7M | $138.8M | $197.2M | $146.8M |
| Diluted EPS | -$0.90 | $3.67 | $1.90 | $2.98 | $4.53 | $3.59 |
PROG Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $595.1M | $525.4M | $742.7M | $719.7M |
| Net Income | $33.1M | $40.5M | $36.1M | $37.0M |
| Diluted EPS | $0.82 | $0.99 | $0.89 | $0.91 |
PROG Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $36.6M | $170.2M | $131.9M | $155.4M | $95.7M | $308.8M |
| Total Assets | $1.32B | $1.62B | $1.49B | $1.49B | $1.51B | $1.61B |
| Total Long-Term Debt | $50.0M | $589.7M | $591.0M | $592.3M | $643.6M | $594.9M |
| Total Liabilities | $331.3M | $942.4M | $921.4M | $899.9M | $863.5M | $864.0M |
| Shareholders' Equity | $986.1M | $679.4M | $570.5M | $591.3M | $650.3M | $746.4M |
PROG Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $456.0M | $246.0M | $242.5M | $204.2M | $138.5M | $335.0M |
| Cash From Investing | -$114.5M | -$82.2M | -$53.5M | -$38.8M | -$79.2M | $6.6M |
| Cash From Financing | -$362.6M | -$30.3M | -$227.2M | -$141.9M | -$119.1M | -$128.5M |
| Free Cash Flow | $391.6M | $236.4M | $232.8M | $194.6M | $130.2M | $324.9M |
Figures from PROG's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full PROG financials page for every line item.
PROG Company Profile
| Ticker | PRG |
|---|---|
| Exchange | NYSE |
| Industry | Equipment Rental & Leasing (Other) (Services) |
| Headquarters | Draper, Utah |
| Incorporated in | Georgia |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001808834 |
Frequently Asked Questions
What was PROG's revenue in fiscal 2025?
PROG (PRG) reported revenue of $2.41B for fiscal 2025.
What is PROG's annual revenue history?
PROG's annual revenue by fiscal year: 2020: $2.48B; 2021: $2.68B; 2022: $2.60B; 2023: $2.41B; 2024: $2.46B; 2025: $2.41B.
What was PROG's net income in fiscal 2025?
PROG reported net income of $146.8M for fiscal 2025.
What was PROG's earnings per share (EPS) in fiscal 2025?
PROG's diluted EPS was $3.59 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did PROG generate in fiscal 2025?
PROG generated $324.9M of free cash flow in fiscal 2025.
What was PROG's revenue last quarter?
In its most recent reported quarter (2026 Q2), PROG reported revenue of $719.7M.
How much debt does PROG have?
PROG reported $594.9M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of PROG are outstanding?
PROG reported a weighted average of 40.2 million basic shares outstanding in 2026 Q2.
What is PROG's market cap?
Based on its latest closing price, PROG (PRG) has a market capitalization of about $1.25B.
When does PROG's fiscal year end?
PROG's fiscal year end, as registered with the SEC, is December 31.
Where is PROG headquartered?
PROG lists its business address in Draper, Utah in its SEC filings.