PROG Holdings Q2 revenue rises 22.3% to $719.7 million; raises 2026 outlook
PROG Holdings reported second-quarter 2026 results, with revenue up 22.3% to $719.7 million and net earnings from continuing operations of $37.4 million, compared with $37.6 million a year earlier. The company raised its full-year 2026 revenue and adjusted EBITDA outlook and gave third-quarter 2026 guidance, and the filing also disclosed the death of director Douglas C. Curling.
Key points
- Q2 2026 revenue of $719.7 million, up 22.3%; diluted EPS from continuing operations of $0.92 versus $0.93; non-GAAP diluted EPS of $1.19, up 19.0%
- Full-year 2026 revenue outlook raised to $3.025 billion to $3.1 billion from $3.0 billion to $3.1 billion; adjusted EBITDA outlook raised to $355 million to $375 million from $343 million to $370 million
- Third-quarter 2026 outlook: revenue of $715 million to $750 million and diluted EPS from continuing operations of $0.86 to $1.06
- Director Douglas C. Curling died July 25, 2026; the board reduced its size from ten to nine members on July 27, 2026
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 6:58 AM ET, from the text of the filing and its press-release exhibits 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 29, 2026.
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.