PROG Holdings Q3 revenue rises 25.6%, but 2026 revenue and EPS outlook is cut
PROG Holdings reported third-quarter 2026 revenue from continuing operations of $725.8 million, up 25.6%, and diluted EPS from continuing operations of $0.92, up from $0.80 a year earlier. The company lowered its full-year 2026 revenue and diluted EPS ranges, citing macroeconomic pressures on its customers, while also announcing an intended $100 million accelerated share repurchase and raising its total buyback capacity to $500 million.
Key points
- Q3 2026 revenue of $725.8 million, up 25.6%; net earnings from continuing operations of $37.5 million versus $32.3 million.
- 2026 revenue outlook cut to $3,015 million–$3,050 million from $3,025 million–$3,100 million.
- 2026 diluted EPS from continuing operations outlook now $3.78–$3.93, versus $3.82–$4.06 previously.
- Intended $100 million ASR in the fourth quarter; share repurchase authorization raised to $500 million and extended to October 26, 2029.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 7, 2026, 11:17 PM ET, from the text of the filing and its press-release exhibits only.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.