PROG Holdings Q2 revenue rises 2.1% to $604.7 million; EPS $0.95
PROG Holdings reported second-quarter 2025 revenue of $604.7 million, up 2.1%, and net earnings of $38.5 million, compared with $33.8 million a year earlier. The company raised the low end of its full-year 2025 revenue and earnings ranges and kept the high ends unchanged, while Progressive Leasing GMV fell 8.9% after the loss of a retail partner to liquidation.
Key points
- Q2 revenue $604.7 million, up 2.1%; net earnings $38.5 million vs. $33.8 million a year earlier
- Diluted EPS $0.95 vs. $0.77; non-GAAP diluted EPS $1.02, up 10.9%
- Full-year 2025 revenue outlook low end raised to $2.45 billion from $2.425 billion; high end kept at $2.5 billion
- Progressive Leasing GMV $413.9 million, down 8.9% from the prior-year quarter
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 July 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.