AI brief of an SEC Form 8-K · PROG Holdings (PRG)

PROG Holdings cuts 2025 outlook as Q1 revenue rises 6.6% and EPS hits $0.83

Mixed Impact 4 of 5 guidance Written later

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

CompanyPROG Holdings (PRG)
Form8-K, current report
Filed with the SECApr 23, 2025, 8:16 AM ET
Accession number0001808834-25-000053

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

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.