Every material Form 8-K Upbound Group has filed with the SEC since October 31, 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Upbound Group reported third-quarter 2026 results on October 29, 2026, with revenue of $1,146.2 million, down 1.6% year over year but at the high end of its outlook. GAAP net earnings rose to $34.3 million from $13.2 million, and the company narrowed its full-year 2026 guidance while raising the midpoint of its non-GAAP EPS range. It also intends to repurchase up to $50 million of common stock, which the company said reflects strong cash flow.
Revenue of $1,146.2 million decreased $18.5 million, or 1.6%, year over year.
GAAP net earnings were $34.3 million vs. $13.2 million a year earlier; GAAP diluted EPS was $0.58 vs. $0.22; non-GAAP diluted EPS was $1.01 vs. $1.00.
Adjusted EBITDA was $123.4 million, down 0.1% year over year.
2026 guidance narrowed: revenue $4.68-$4.78 billion, non-GAAP diluted EPS $4.15-$4.30 with a higher midpoint; Q4 non-GAAP EPS guided to $1.00-$1.10.
Upbound Group said Scott Young joined as Executive Vice President and Chief Operating Officer effective September 22, 2026, reporting to CEO Fahmi Karam. The company said the newly created role will lead strategic alignment across Acima, Brigit and Rent-A-Center, and it also named Dev Chakraborty Senior Vice President and Head of Brigit.
Scott Young's offer letter sets an annual base salary of $610,000 and a cash bonus target of 60% of base salary.
Young receives a one-time sign-on award of Performance Stock Units valued at $3,111,000, earned based on stock price hurdles over four years.
Starting February 2027, Young is eligible for a long-term incentive target of 170% of base salary.
Dev Chakraborty, formerly General Manager at MoneyLion, was named SVP and Head of Brigit; the company cited Brigit at approximately $300 million in annual recurring revenue and 1.8 million paying users.
Upbound Group reported second-quarter 2026 results, with consolidated revenue of $1,163.4 million, up 0.5% year-over-year, and Adjusted EBITDA of $127.0 million, down 4.6%. The company narrowed its full-year 2026 revenue guidance to $4.70–$4.85 billion, reaffirmed its Adjusted EBITDA and non-GAAP EPS guidance, and issued third-quarter 2026 guidance.
Consolidated revenue of $1,163.4 million rose $5.9 million, or 0.5%, year-over-year; Adjusted EBITDA fell 4.6% to $127.0 million.
GAAP diluted EPS was $0.37, up from $0.26 a year earlier; non-GAAP diluted EPS was $1.07, down from $1.12.
Full-year 2026 revenue guidance narrowed to $4.70–$4.85 billion; Adjusted EBITDA of $500–$535 million and non-GAAP diluted EPS of $4.00–$4.35 reaffirmed.
Third-quarter 2026 guidance: revenue of $1.05–$1.15 billion, Adjusted EBITDA of $105–$115 million, and non-GAAP diluted EPS of $0.85–$0.95; quarterly dividend of $0.39 per share.
At its June 2, 2026 annual meeting, Upbound Group stockholders re-elected all seven nominated directors, ratified Deloitte & Touche LLP as auditor for 2026, and approved the 2026 Long-Term Incentive Plan, which authorizes up to 4,590,636 shares of common stock. Upon approval, no further awards may be granted under the 2021 plan, and the board will hold an advisory say-on-pay vote every year.
The 2026 LTIP was approved with 40,285,981 votes for and 1,785,824 against.
The plan authorizes up to 4,590,636 shares, reduced from 4,700,000 by 2021 LTIP grants made from March 11, 2026 through June 2, 2026.
All 2021 LTIP shares remaining for future issuance were cancelled.
Directors Carol McFate and Jeffrey Brown received the most votes against, at 1,164,818 and 1,129,349, respectively.
Upbound Group's General Counsel, Bryan Pechersky, notified the company on May 15, 2026 that he will resign, effective June 5, 2026. The filing states his departure was not due to any disagreement with the company over its operations, policies or practices.
Bryan Pechersky, Executive Vice President, General Counsel and Corporate Secretary, resigned.
Notice given May 15, 2026; resignation effective June 5, 2026.
Filing states the resignation was not the result of any disagreement with the company.
Upbound Group reported first-quarter 2026 results for the quarter ended March 31, 2026, with consolidated revenue up 3.7% year over year to $1.2 billion, GAAP diluted EPS of $0.61 versus $0.42, and non-GAAP diluted EPS of $1.08 versus $1.00. The company reaffirmed its full-year 2026 guidance and issued second-quarter 2026 guidance, which shareholders can use to compare future results against the company's targets.
Consolidated revenue of $1,219.7 million, up $43.4 million or 3.7% year over year; Adjusted EBITDA of $136.1 million, up 7.9%
GAAP diluted EPS of $0.61 versus $0.42 a year earlier; non-GAAP diluted EPS of $1.08 versus $1.00
Net cash provided by operating activities of $170.7 million, versus $148.0 million a year earlier; net leverage ratio of 2.6x at quarter-end, down from 2.9x at year-end
Full-year 2026 guidance reaffirmed: revenue of $4.70 billion to $4.95 billion, non-GAAP diluted EPS of $4.00 to $4.35; second-quarter 2026 revenue guidance of $1.1 billion to $1.2 billion
Upbound Group reported fourth-quarter 2025 revenue of $1,196.4 million, up 10.9% year over year, driven by the Brigit acquisition and Acima growth. Profit declined: GAAP diluted EPS was $0.34 versus $0.55, and non-GAAP diluted EPS was $1.01 versus $1.05. The company also issued full-year 2026 guidance of $4.70 billion to $4.95 billion in revenue and $4.00 to $4.35 in non-GAAP diluted EPS.
Q4 2025 consolidated revenue was $1,196.4 million, up 10.9% year over year; net earnings were $19.7 million, down from $31.0 million.
Full-year 2025 revenue was $4.7 billion, up 8.7%, and non-GAAP diluted EPS was $4.13, compared with $3.83 in 2024.
2026 guidance: revenue of $4.70 billion to $4.95 billion, adjusted EBITDA of $500 million to $535 million, and non-GAAP diluted EPS of $4.00 to $4.35.
First-quarter 2026 guidance: revenue of $1.16 billion to $1.26 billion and non-GAAP diluted EPS of $1.05 to $1.15.
Upbound Group reported third quarter 2025 revenue of $1,164.7 million, up 9.0% year over year, driven mainly by the Brigit acquisition. GAAP net earnings fell to $13.2 million from $30.9 million, while non-GAAP diluted EPS rose to $1.00 from $0.95. The company lowered its FY 2025 Adjusted EBITDA guidance to $500 million to $510 million from $515 million to $535 million and narrowed its non-GAAP diluted EPS guidance to $4.05 to $4.15 from $4.05 to $4.40.
Consolidated revenue of $1,164.7 million, up 9.0% year over year; Acima revenue up 10.4% to $625.3 million
GAAP net earnings of $13.2 million and GAAP diluted EPS of $0.22, versus $30.9 million and $0.55 a year earlier
FY 2025 Adjusted EBITDA guidance cut to $500 million to $510 million; non-GAAP diluted EPS guidance top end lowered to $4.15 from $4.40
Year-to-date net cash provided by operating activities of approximately $264 million, up approximately $97 million year over year
Upbound Group, Inc. said Hal Khouri will join as Executive Vice President and Chief Financial Officer effective November 10, 2025. CEO Fahmi Karam, who has also served as CFO since June 2025, will hand the CFO role to Khouri, who will report directly to Karam.
Hal Khouri takes the EVP and CFO role effective November 10, 2025, succeeding CEO Fahmi Karam, who has been CFO since June 2025.
Offer letter terms include a $675,000 annual base salary and a target annual cash bonus of 60% of base salary, starting March 2026.
A one-time sign-on restricted stock unit award valued at $1.5 million vests over three years, and LTIP eligibility from February 2026 is set at 170% of base salary.
Khouri served as Executive Vice President and CFO of goeasy Ltd. (TSX: GSY) from August 2019.
Upbound Group amended its term loan credit agreement on August 19, 2025, extending the maturity of outstanding loans to August 19, 2032, subject to certain springing maturity provisions. The amendment also provided about $77 million in incremental commitments, all drawn on the closing date, bringing total borrowings under the agreement to $875 million, which the company intends to use for fees, expenses, and general corporate purposes.
Maturity of outstanding term loans extended to August 19, 2032, subject to springing maturity provisions
Approximately $77 million of incremental commitments, fully drawn on August 19, 2025
Total aggregate borrowings under the Credit Agreement reached $875 million on the closing date
JPMorgan Chase Bank, N.A. serves as administrative agent
Upbound Group reported second-quarter 2025 revenue of $1.16 billion, up 7.5% from a year earlier, and non-GAAP diluted EPS of $1.12, up from $1.04. GAAP diluted EPS fell to $0.26 from $0.61 because of $65.5 million in pre-tax special items, including legal matters. The company raised the midpoint of its full-year 2025 non-GAAP EPS guidance to $4.05 to $4.40 from $4.00 to $4.40.
Q2 2025 consolidated revenue was $1,157.5 million, up 7.5% year over year, helped by the Brigit acquisition.
GAAP net earnings were $15.5 million, down from $33.9 million; GAAP operating profit was $50.7 million, down from $80.7 million.
FY 2025 non-GAAP diluted EPS guidance midpoint raised; Adjusted EBITDA guidance narrowed to $515 million to $535 million from $510 million to $540 million.
Q3 2025 guidance: revenue of $1.05 billion to $1.15 billion and non-GAAP diluted EPS of $0.95 to $1.05.
Upbound Group reported first-quarter 2025 revenue of $1,176.4 million, up 7.3% year over year, while GAAP net earnings fell to $24.8 million from $27.7 million. The company raised the midpoint of its full-year 2025 non-GAAP EPS and revenue guidance, and said CFO Fahmi Karam will succeed CEO Mitch Fadel on June 1, 2025.
Revenue $1,176.4 million, up 7.3% year over year; GAAP diluted EPS $0.42 versus $0.50 a year earlier
Non-GAAP diluted EPS $1.00 versus $0.79; special items totaled $43.3 million pre-tax in the quarter
FY2025 non-GAAP diluted EPS guidance $4.00-$4.40, up from $3.90-$4.40; revenue guidance $4.60-$4.75 billion, up from $4.50-$4.75 billion
CEO Mitch Fadel retires June 1, 2025; CFO Fahmi Karam will succeed him as CEO
Upbound Group said CEO Mitch Fadel will retire as CEO and board member effective June 1, 2025, and CFO Fahmi Karam will succeed him as CEO and join the board on that date. The announcement came with fourth-quarter and full-year 2024 results, which showed higher revenue and earnings year over year and 2025 guidance above 2024 levels.
Fadel retires as CEO and director effective June 1, 2025; the filing says he will receive no cash severance.
Karam, 46, has been CFO since October 2022. His employment agreement sets a base salary of $1,100,000 and a target annual bonus of 150% of base salary.
Q4 2024 revenue was $1,079.2 million, up 6.0%. GAAP net earnings were $31.0 million, compared with a $11.3 million net loss a year earlier. Non-GAAP diluted EPS was $1.05, compared with $0.81.
Full-year 2024 revenue was $4.3 billion, up 8.2%. Full-year 2025 guidance is revenue of $4.50 to $4.75 billion and non-GAAP diluted EPS of $3.90 to $4.40.
Upbound Group completed its acquisition of Bridge IT, Inc. (Brigit) on January 31, 2025, issuing about 2.69 million common shares and approximately $278.67 million in closing cash, subject to post-closing working capital adjustments. Additional deferred consideration of $75 million and up to $60 million in 2026 earnout payments may also be paid, and the company said Brigit adds technology and financial wellness products to its platform.
Acquisition closed January 31, 2025, under a merger agreement dated December 12, 2024.
Closing consideration: about 2.69 million common shares plus about $278.67 million in cash, subject to post-closing adjustments.
Further payments: $75 million deferred (half due 30 days after the first anniversary, remainder by 30 days after the second) and up to $60 million in 2026 earnouts.
Co-founder shares vest over two years; Brigit financial statements and pro forma information will be filed by amendment within 71 days.
Upbound Group agreed on December 12, 2024 to acquire Brigit, a financial health app, for up to $460 million, paid in cash and Upbound common stock. The company expects pro forma net leverage of about 3x after closing, above its long-term target of about 2x, and the deal is expected to close in Q1 2025 subject to regulatory approvals.
Total consideration of up to $460 million: $325 million payable at closing (75% cash, 25% Upbound stock), $75 million deferred over two years, and an earnout of up to $60 million tied to 2026 performance
Aggregate stock consideration valued at $81,250,000, which the company may elect to pay in cash instead
Expected to add $25 million to $30 million to Adjusted EBITDA in 2025 and $70 million to $80 million in 2026 (non-GAAP)
Pro forma net leverage of about 3x; the merger agreement can be terminated if not completed by April 1, 2025
Upbound Group reported third-quarter 2024 revenue of $1,068.9 million, up 9.2% from a year earlier, and GAAP net earnings of $30.9 million, compared with $4.4 million in the prior-year quarter. The company also narrowed its full-year 2024 guidance ranges, keeping the midpoints of its revenue, adjusted EBITDA and non-GAAP EPS ranges unchanged from the prior ranges.
Q3 2024 consolidated revenue was $1,068.9 million, up 9.2% year over year; GAAP diluted EPS was $0.55 versus $0.08, and non-GAAP diluted EPS was $0.95 versus $0.79.
Full-year 2024 revenue guidance is $4.20 billion to $4.30 billion, up from $4.10 billion to $4.30 billion at the August 1, 2024 update.
Full-year non-GAAP diluted EPS guidance narrowed to $3.75 to $3.90 from $3.65 to $4.00; adjusted EBITDA excluding stock compensation is $470 million to $480 million, from $465 million to $485 million.
Q3 GAAP operating profit was $70.1 million, including $28.1 million of pre-tax special items, compared with $58.1 million a year earlier.
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