PROG Holdings cuts 2025 outlook as Q1 revenue rises 6.6% and EPS hits $0.83
PROG Holdings reported first-quarter 2025 revenue of $684.1 million, up 6.6% from a year earlier, and diluted EPS of $0.83 versus $0.49. The company lowered its full-year 2025 outlook for revenue, net earnings and EPS, citing a weaker macroeconomic environment, and gave second-quarter guidance. For shareholders, the higher first-quarter GAAP profit is offset by the lower full-year forecast.
Key points
- Q1 2025 revenue $684.1 million, up 6.6%; net earnings $34.7 million vs $22.0 million a year earlier
- Non-GAAP diluted EPS $0.90, essentially flat vs $0.91; adjusted EBITDA $70.3 million vs $72.6 million
The filing
Written by AI on Nov 8, 2026, 6:58 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 23, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.