Prog Holdings, Inc. income statement
In fiscal 2025, Prog Holdings, Inc. reported revenue of $2.41bn, up 0.4% on the year before, operating income of $207m (a 8.6% margin) and net income of $147m, or $3.59 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2,036 | 2,163 | 2,485 | 2,678 | 2,598 | 2,339 | 2,399 | 2,409 | 2,763 |
| Selling, general and administrative | — | — | — | — | 366 | 341 | 339 | 379 | 495 |
| Operating income | 157 | 28 | 272 | 334 | 186 | 219 | 195 | 207 | 235 |
| Interest expense | 0 | 0 | 0 | 5 | 37 | 39 | 39 | 49 | 67 |
| Net interest income | — | — | — | −5 | −37 | −29 | — | — | — |
| Provision for credit losses | 21 | 22 | 34 | 18 | 41 | 5 | 19 | 40 | 29 |
| Income before tax | 157 | 28 | 272 | 328 | 148 | 189 | 163 | 175 | 182 |
| Income tax | 31 | 52 | 38 | 85 | 50 | 55 | −34 | 50 | 51 |
| Net income | 196 | 31 | −61 | 244 | 99 | 139 | 197 | 147 | 151 |
| Diluted EPS | $2.78 | $0.47 | −$0.90 | $3.67 | $1.90 | $2.98 | $4.53 | $3.59 | $3.71 |
| Diluted shares (average) | 71m | 67m | 68m | 66m | 52m | 47m | 44m | 41m | 41m |
| EBITDA | 164 | 37 | 281 | 345 | 219 | 250 | 221 | 231 | 277 |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 559 | 668 | 589 | 578 | 575 | 743 | 720 | 726 |
| Cost of revenue | — | 0 | 0 | 0 | — | 63 | 76 | 76 |
| Gross profit | — | 668 | 589 | 578 | — | 680 | 644 | 650 |
| Selling, general and administrative | 73 | 92 | 88 | 90 | 109 | 132 | 128 | 125 |
| Operating income | 50 | 56 | 59 | 53 | 39 | 65 | 66 | 66 |
| Interest expense | 9 | 10 | 10 | 10 | 20 | 18 | 15 | 14 |
| Provision for credit losses | −20 | 6 | 8 | 21 | −12 | 11 | 16 | 15 |
| Income before tax | 42 | 47 | 51 | 45 | 31 | 48 | 51 | 52 |
| Income tax | −16 | 13 | 14 | 12 | 11 | 11 | 13 | 15 |
| Net income | 58 | 35 | 38 | 33 | 40 | 36 | 37 | 37 |
| Diluted EPS | $1.34 | $0.83 | $0.95 | $0.82 | $0.99 | $0.89 | $0.91 | $0.91 |
| EBITDA | 56 | 62 | 65 | 59 | 45 | 79 | 77 | 76 |
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