Groowe Groowe BETA / Newsroom
⏱ News is delayed by 15 minutes. Sign in for real-time access. Sign in

Form 8-K

sec.gov

8-K — PROG Holdings, Inc.

Accession: 0001808834-26-000101

Filed: 2026-07-29

Period: 2026-07-29

CIK: 0001808834

SIC: 7359 (SERVICES-EQUIPMENT RENTAL & LEASING, NEC)

Item: Results of Operations and Financial Condition

Item: Other Events

Item: Financial Statements and Exhibits

Documents

8-K — prg-20260729.htm (Primary)

EX-99.1 (a2026q2ex991earningsrelease.htm)

EX-99.2 — EX-99.2 Q2 2026 EARNINGS SUPPLEMENT PRESENTATION (ex-992q22026earningssupp.htm)

GRAPHIC (ex-992q22026earningssupp001.jpg)

GRAPHIC (ex-992q22026earningssupp002.jpg)

GRAPHIC (ex-992q22026earningssupp003.jpg)

GRAPHIC (ex-992q22026earningssupp004.jpg)

GRAPHIC (ex-992q22026earningssupp005.jpg)

GRAPHIC (ex-992q22026earningssupp006.jpg)

GRAPHIC (ex-992q22026earningssupp007.jpg)

GRAPHIC (ex-992q22026earningssupp008.jpg)

GRAPHIC (ex-992q22026earningssupp009.jpg)

GRAPHIC (ex-992q22026earningssupp010.jpg)

GRAPHIC (ex-992q22026earningssupp011.jpg)

GRAPHIC (ex-992q22026earningssupp012.jpg)

GRAPHIC (ex-992q22026earningssupp013.jpg)

GRAPHIC (ex-992q22026earningssupp014.jpg)

GRAPHIC (ex-992q22026earningssupp015.jpg)

GRAPHIC (ex-992q22026earningssupp016.jpg)

GRAPHIC (ex-992q22026earningssupp017.jpg)

GRAPHIC (ex-992q22026earningssupp018.jpg)

GRAPHIC (ex-992q22026earningssupp019.jpg)

GRAPHIC (ex-992q22026earningssupp020.jpg)

GRAPHIC (ex-992q22026earningssupp021.jpg)

GRAPHIC (ex-992q22026earningssupp022.jpg)

GRAPHIC (ex-992q22026earningssupp023.jpg)

GRAPHIC (ex-992q22026earningssupp024.jpg)

GRAPHIC (ex-992q22026earningssupp025.jpg)

XML — IDEA: XBRL DOCUMENT (R1.htm)

8-K

8-K (Primary)

Filename: prg-20260729.htm · Sequence: 1

prg-20260729

false000180883400018088342026-07-292026-07-29

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

________________________________

FORM 8-K

________________________________

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): July 29, 2026

PROG HOLDINGS, INC.

(Exact name of Registrant as Specified in Charter)

Georgia

1-39628

85-2484385

(State or other Jurisdiction of Incorporation)

(Commission File

Number)

(IRS Employer

Identification No.)

256 W. Data Drive Draper, Utah 84020-2315

(Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including area code: (385) 351-1369

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class  Trading Symbol Name of each exchange on which registered

Common Stock, $0.50 Par Value PRG New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

ITEM 2.02.     RESULTS OF OPERATIONS AND FINANCIAL CONDITION

On July 29, 2026, PROG Holdings, Inc. (the "Company") issued a press release (the "Press Release") announcing its financial results for the second quarter ended June 30, 2026. A copy of the Press Release is furnished herewith as Exhibit 99.1 and is incorporated herein by reference. The information contained in this paragraph, as well as Exhibit 99.1 referenced herein, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933.

ITEM 8.01.    OTHER EVENTS

On July 29, 2026, the Company announced with deep sadness that Douglas C. Curling, a member of the Company’s Board of Directors (the “Board”), passed away unexpectedly on July 25, 2026.

In light of Mr. Curling’s passing, on July 27, 2026, the Board reduced the size of the Board from ten members to nine members, effective immediately.

The Board, management team, and employees of the Company extend their deepest condolences to Mr. Curling’s family and express profound gratitude for his leadership and more than a decade of dedicated service to the Company.

ITEM 9.01.     FINANCIAL STATEMENTS AND EXHIBITS

(d)    Exhibits:

Exhibit No.

Description

99.1

Press release, dated July 29, 2026.

99.2

PROG Holdings, Inc. Earnings Supplement Presentation, dated July 29, 2026.

104

The cover page from this Current Report on Form 8-K, formatted in Inline XBRL

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

PROG Holdings, Inc.

By:

/s/ Brian Garner

Date:

July 29, 2026

Brian Garner

Chief Financial Officer

EX-99.1

EX-99.1

Filename: a2026q2ex991earningsrelease.htm · Sequence: 2

Document

Exhibit 99.1

PROG Holdings Reports Second Quarter 2026 Results

•Consolidated revenues from continuing operations of $719.7 million, up 22.3%; Net earnings from continuing operations of $37.4 million

•Adjusted EBITDA from continuing operations of $88.4 million, up 22.8%

•Diluted EPS from continuing operations of $0.92; Non-GAAP Diluted EPS from continuing operations of $1.19, up 19.0%

•Consolidated GMV of $902.0 million, up 60.1%

•Net leverage ratio ended the quarter at 1.7x

SALT LAKE CITY, July 29, 2026 - PROG Holdings, Inc. (NYSE:PRG), the fintech holding company for Progressive Leasing, Four Technologies, MoneyApp and Purchasing Power, today announced financial results for the second quarter ended June 30, 2026, which includes the results of Purchasing Power since January 2, 2026, the date the Company acquired Purchasing Power.

"PROG Holdings delivered a strong second quarter, with revenue toward the higher end of our outlook and both adjusted EBITDA and Non-GAAP EPS coming in above the top end of our April outlook ranges, a reflection of disciplined execution across the business," said PROG Holdings Chairman, President and CEO Steve Michaels. "Every product in our ecosystem contributed: consolidated GMV grew 60% year-over-year, Progressive Leasing returned to positive GMV growth of 3.4% with adjusted EBITDA margin at 12.7%, Four delivered its eleventh consecutive quarter of triple-digit GMV growth, and Purchasing Power's GMV grew double-digits."

"Equally important was our continued strengthening of the balance sheet. We used our strong cash flow to pay down debt, bringing our net leverage ratio to approximately 1.7 times, down from about 2.5 times right after the acquisition of Purchasing Power, and comfortably within our targeted range of 1.5 to 2.0 times. This deleveraging gave us the confidence to resume share repurchases during the quarter."

"Reflecting our second-quarter outperformance and the momentum we see across our product ecosystem, we are raising our full-year 2026 outlook. Our performance is a testament to the resilience of our platform and the discipline with which we run it," concluded Michaels.

Consolidated Results

Consolidated revenues for the second quarter of 2026 were $719.7 million, an increase of 22.3% from the same period in 2025.

Consolidated net earnings from continuing operations for the quarter were $37.4 million, compared with $37.6 million in the prior year period. The effective income tax rate was 26.4% in the second quarter of 2026, compared to 26.5% in the same period in the prior year. Adjusted EBITDA from continuing operations for the quarter was $88.4 million, or 12.3% of revenues, compared with $72.0 million, or 12.2% of revenues for the same period in 2025.

Diluted earnings per share from continuing operations for the second quarter of 2026 were $0.92, compared with $0.93 in the year ago period. On a non-GAAP basis, diluted earnings per share from continuing operations were up 19.0% at $1.19 in the second quarter of 2026, compared with $1.00 for the same period in 2025.

Progressive Leasing Results

Progressive Leasing's second quarter GMV of $428.1 million was up 3.4% compared to the same period in 2025. Revenues were $550.6 million, down 3.4% from the prior year. The provision for lease merchandise write-offs for the quarter was 8.4% of leasing revenues. Earnings before taxes for the second quarter of 2026 were $45.4 million, down 11.9% from the second quarter of 2025. Adjusted EBITDA was $69.9 million, up 0.3% from the second quarter of 2025.

Four Results

Four's GMV for the second quarter of 2026 was $315.1 million, an increase of 110.6% compared to the same period in the prior year. Revenues were $35.1 million, up 118.2% from the year ago period. Four's earnings before taxes for the second quarter of 2026 were $7.1 million, up 139.9% from the second quarter of 2025. Adjusted EBITDA was $8.7 million, up 111.2% from the second quarter of 2025.

Purchasing Power Results

The Company acquired Purchasing Power on January 2, 2026. Purchasing Power's GMV, which is defined as the total value of merchandise and services purchased and delivered to customers through its platform, was $158.8 million, up 15.2% from the second quarter of 2025 on a standalone basis.

Revenues were $130.4 million in the second quarter of 2026. Loss before taxes was $0.3 million and adjusted EBITDA was $10.6 million for the second quarter of 2026.

Liquidity and Capital Allocation

PROG Holdings ended the second quarter of 2026 with cash of $85.2 million and gross debt of $893.7 million. During the quarter, the Company repaid $50.0 million of debt related to the acquisition of Purchasing Power. Since the acquisition of Purchasing Power, the Company has reduced its total debt by $304.9 million. The Company repurchased $10.2 million of its stock in the quarter at an average price of $36.37 per share, leaving $299.4 million of repurchase capacity under its $500 million share repurchase program. Additionally, the Company paid a quarterly cash dividend of $0.14 per share.

2026 Outlook

Due to the strong start to the year and the momentum in the business, the Company is increasing its full year 2026 outlook for revenue and earnings as well as providing guidance for the third quarter of 2026. This outlook assumes an operating environment with no change in the current financial pressures and uncertainties for our customers, no material changes in the Company's decisioning posture, no meaningful increase in unemployment rates for our consumer base, an effective tax rate for non-GAAP EPS of approximately 26% and no impact from additional share purchases.

Revised 2026 outlook

Previous 2026 outlook

(In thousands, except per share amounts) Low High

Low

High

PROG Holdings - Total revenues from continuing operations

$ 3,025,000  $ 3,100,000  $ 3,000,000  $ 3,100,000

PROG Holdings - Net earnings from continuing operations

155,000  164,500  150,500  166,000

PROG Holdings - Adjusted EBITDA from continuing operations

355,000  375,000  343,000  370,000

PROG Holdings - Diluted EPS from continuing operations

3.82  4.06  3.68  4.06

PROG Holdings - Diluted non-GAAP EPS from continuing operations

4.75  5.00  4.40  4.80

Progressive Leasing - Total revenues

2,247,500  2,285,000  2,227,500  2,285,000

Progressive Leasing - Earnings before taxes

188,500  193,000  191,000  198,500

Progressive Leasing - Adjusted EBITDA 272,500  279,500  269,500  279,500

Purchasing Power - Total revenues

620,000  640,000  620,000  640,000

Purchasing Power - Earnings before taxes

17,000  21,500  14,500  22,000

Purchasing Power - Adjusted EBITDA

54,000  60,000  50,000  60,000

Four - Total revenues

145,000  157,000  140,000  157,000

Four - Earnings before taxes

22,000  25,000  16,500  20,500

Four - Adjusted EBITDA

30,000  34,000  25,000  29,000

Other - Total revenues

12,500  18,000  12,500  18,000

Other - Loss before taxes

(13,500) (10,500) (14,500) (12,000)

Other - Adjusted EBITDA (1,500) 1,500  (1,500) 1,500

Three months ended

September 30, 2026 outlook

(In thousands, except per share amounts) Low High

PROG Holdings - Total revenues from continuing operations

$ 715,000 $ 750,000

PROG Holdings - Net earnings from continuing operations

36,000 42,500

PROG Holdings - Adjusted EBITDA from continuing operations

79,000 89,000

PROG Holdings - Diluted EPS from continuing operations

0.86 1.06

PROG Holdings - Diluted non-GAAP EPS from continuing operations

1.00 1.20

Conference Call and Webcast

The Company has scheduled a live webcast and conference call for Wednesday, July 29, 2026, at 8:30 A.M. ET to discuss its financial results for the second quarter of 2026. To access the live webcast, visit the Events and Presentations page of the Company’s Investor Relations website, https://investor.progholdings.com/.

About PROG Holdings, Inc.

PROG Holdings, Inc. (NYSE:PRG) is a fintech holding company headquartered in Salt Lake City, UT, that provides inclusive, transparent and competitive payment options to consumers. The Company owns Progressive Leasing, a leading provider of e-commerce, app-based, and in-store point-of-sale lease-to-own solutions; Purchasing Power, a voluntary employee benefit program provider, allowing employees to purchase brand-name products and services through either automatic payroll deductions or allotments; Four Technologies, a provider of Buy Now, Pay Later payment options through its platform, Four; and MoneyApp, a mobile application that offers customers interest-free cash advances. More information on PROG Holdings and its companies can be found at https://investor.progholdings.com/.

Forward-Looking Statements:

Statements, estimates and projections in this press release regarding our business that are not historical facts are "forward-looking statements" that involve risks and uncertainties which could cause actual results to differ materially from those contained in the forward-looking statements. Such forward-looking statements generally can be identified by the use of forward-looking terminology, such as "continued," "targeted," and "outlook," and similar forward-looking terminology. These risks and uncertainties include (i) continued volatility and challenges in the macroeconomic environment, including due to the war in Iran and related geopolitical disruptions and increases in fuel and other prices, and their impact on: (a) consumer confidence and customer demand for the merchandise that our retail partners and Purchasing Power sell, in particular consumer durables, such as home appliances, electronics and furniture; (b) our customers’ disposable income and their ability to make the lease and loan payments they owe the Company; and (c) our overall financial performance and outlook; (ii) the impact of the uncertain macroeconomic environment on our proprietary algorithms and decisioning tools that we use to approve customers such that they are no longer indicative of our customers’ ability to perform, which in turn may limit the ability of our businesses to manage risk, avoid lease and loan charge-offs and may result in insufficient reserves to cover actual losses; (iii) a large percentage of Progressive Leasing's revenue being concentrated with several key retail partners, and the loss of any of these retail partner relationships materially and adversely affecting several aspects of our performance; (iv) Progressive Leasing being unable to attract additional retail partners and retain and grow its relationships with its existing retail partners, and/or Purchasing Power being unable to attract additional employer-clients and retain and grow its relationships with its existing clients, resulting in several aspects of our performance being materially and adversely affected; (v) our businesses being unable to attract new consumers and retain and grow their relationships with their existing customers materially and adversely affecting several aspects of our performance; (vi) Four’s and Purchasing Power's business models differing significantly from Progressive Leasing’s lease-to-own business, which

means these businesses have different risk profiles; (vii) our efforts to modernize and enhance certain enterprise-wide information management systems and technologies adversely impacting our businesses and operations; (viii) the inability of our businesses to successfully operate in highly and increasingly competitive industries materially and adversely affecting several aspects of our performance; (ix) our business, results of operations, financial condition, and prospects being materially and adversely affected due to our businesses failing to maintain a consistently high level of consumer satisfaction and trust in its brands; (x) our businesses being subject to extensive federal, state and local laws and regulations, including certain laws and regulations unique to the industries in which our businesses operate, that may subject them to government investigations and significant monetary penalties, remediation expenses and compliance-related burdens that may result in them changing the manner in which they operate, which may be materially adverse to several aspects of our performance; (xi) our performance being materially and adversely affected due to the transactions offered to consumers by our businesses being negatively characterized by federal, state and local government officials, consumer advocacy groups and the media; (xii) our inability to protect confidential, proprietary, or sensitive information, including the confidential information of our customers, being adversely affected by cyber-attacks or similar disruptions, which may result in significant costs, litigation and reputational damage or otherwise have a material adverse impact on several aspects of our performance; (xiii) any significant disruption in our vendors' information technology systems, or disruptions in the information our businesses rely on in their lease and loan decisioning, materially and adversely affecting several aspects of our performance; (xiv) our capital allocation strategy and financial policies; and (xv) the other risks and uncertainties discussed under "Risk Factors" in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2025, filed with the SEC on February 18, 2026. Statements, estimates and projections in this press release that are "forward-looking" include without limitation statements, estimates and projections about: (i) the strength of our balance sheet; (ii) our net leverage ratio; and (iii) our revised full year 2026 outlook and the guidance we provide for the third quarter of 2026. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Except as required by law, the Company undertakes no obligation to update these forward-looking statements to reflect subsequent events or circumstances after the date of this press release.

Investor Contact

John A. Baugh, CFA

Vice President, Investor Relations

john.baugh@progholdings.com

PROG Holdings, Inc.

Consolidated Statement of Earnings

(In thousands, except per share data)

(Unaudited)

Three months ended

(Unaudited)

Six months ended

June 30, June 30,

2026 2025 2026 2025

Revenues

Lease revenues and fees $ 549,830  $ 569,674  $ 1,146,694  $ 1,221,231

Product and service revenues 128,507  —  234,913  —

Other revenue 41,378  18,829  80,782  35,700

719,715  588,503  1,462,389  1,256,931

Costs and expenses

Depreciation of lease merchandise 364,311  385,107  773,321  845,550

Cost of product sales 75,702  —  138,208  —

Provision for lease merchandise write-offs 46,499  42,633  90,150  90,651

Operating expenses 143,417  93,409  293,617  191,533

Provision for credit losses 30,667  8,043  54,834  13,544

660,596  529,192  1,350,130  1,141,278

Gain on sale of lease receivables 4,701  —  11,158  —

Gain on change in fair value of receivables

1,810  —  7,522  —

Operating profit 65,630  59,311  130,939  115,653

Interest expense (15,217) (9,794) (33,606) (19,757)

Interest income 394  1,645  1,037  2,518

Earnings from continuing operations before income tax expense 50,807  51,162  98,370  98,414

Income tax expense 13,429  13,581  24,774  26,243

Net earnings from continuing operations 37,378  37,581  73,596  72,171

(Loss) earnings from discontinued operations, net of tax (349) 902  (513) 1,030

Net earnings $ 37,029  $ 38,483  $ 73,083  $ 73,201

Basic earnings per share

Continuing operations $ 0.93  $ 0.94  $ 1.84  $ 1.78

Discontinued operations (0.01) 0.02  (0.01) 0.03

Total basic earnings per share $ 0.92  $ 0.96  $ 1.83  $ 1.81

Diluted earnings per share

Continuing operations $ 0.92  $ 0.93  $ 1.81  $ 1.75

Discontinued operations (0.01) 0.02  (0.01) 0.03

Total diluted earnings per share $ 0.91  $ 0.95  $ 1.80  $ 1.78

Cash dividend declared per share

Common stock $ 0.14  $ 0.13  $ 0.28  $ 0.26

Weighted average shares outstanding

Basic 40,177  40,130  40,038  40,484

Diluted

40,734  40,559  40,772  41,203

PROG Holdings, Inc.

Consolidated Balance Sheets

(In thousands, except share data)

(Unaudited)

June 30,

2026 December 31,

2025

Assets

Cash and cash equivalents $ 85,201  $ 308,774

Restricted cash 7,168  —

Receivables (net of allowances and unearned interest income of $94,401 in 2026 and $68,806 in 2025; includes $106,069 recorded at fair value in 2026)1

374,522  74,228

Other receivables (net of allowances and unearned interest income of $7,137 in 2026 and $— in 2025; includes $10,063 recorded at fair value in 2026)1

39,777  —

Lease merchandise (net of accumulated depreciation and allowances of $429,925 in 2026 and $407,104 in 2025)

531,071  609,009

Loans receivable (net of allowances and unamortized fees of $19,808 in 2026 and $18,246 in 2025)

74,312  90,648

Property and equipment, net

24,414  19,526

Goodwill and other intangibles, net 763,089  353,835

Income tax receivable 25,150  47,894

Deferred income tax assets 18,852  19,561

Prepaid expenses and other assets 93,827  73,383

Assets of discontinued operations 10,683  13,550

Total assets $ 2,048,066  $ 1,610,408

Liabilities and shareholders' equity

Accounts payable and accrued expenses $ 148,668  $ 96,471

Debt, net1

887,064  594,861

Deferred income tax liabilities 157,177  121,152

Other liabilities 47,012  44,676

Liabilities of discontinued operations 2,805  6,831

Total liabilities

1,242,726  863,991

Shareholders' equity

Common stock, par value $0.50 per share: authorized: 225,000,000 shares at June 30, 2026 and December 31, 2025; shares issued: 82,078,654 at June 30, 2026 and December 31, 2025

41,039  41,039

Additional paid-in capital 357,133  363,583

Retained earnings 1,656,044  1,594,685

2,054,216  1,999,307

Less: treasury shares at cost

Common stock: 42,247,309 shares at June 30, 2026 and 42,502,844 at December 31, 2025

(1,248,876) (1,252,890)

Total shareholders' equity

805,340  746,417

Total liabilities and shareholders' equity

$ 2,048,066  $ 1,610,408

1 As of June 30, 2026 receivables included $381.4 million of contractual amounts outstanding of consolidated VIEs that can only be used to settle their obligations, and debt included $293.7 million of liabilities of consolidated VIEs for which creditors have no recourse to the Company.

PROG Holdings, Inc.

Consolidated Statements of Cash Flows

(In thousands)

(Unaudited)

Six months ended June 30,

2026 2025

Operating activities

Net earnings $ 73,083  $ 73,201

Adjustments to reconcile net earnings to cash provided by operating activities:

Depreciation of lease merchandise 773,321  845,550

Other depreciation and amortization 25,208  12,111

Provisions for accounts receivable and credit losses

213,345  198,650

Stock-based compensation 16,842  14,536

Gain on change in fair value of receivables

(7,522) —

Deferred income taxes 17,746  (20,049)

Gain on sale of receivables (11,706) —

Non-cash lease expense (1,284) (1,642)

Other changes, net 1,513  (943)

Changes in operating assets and liabilities, net of effects of the acquisition:

Additions to lease merchandise (814,049) (784,951)

Book value of lease merchandise sold or disposed 118,665  93,340

Accounts receivable (109,136) (147,179)

Prepaid expenses and other assets (1,989) 5,480

Income tax receivable and payable 22,722  1,749

Accounts payable and accrued expenses (37,179) (4,620)

Customer deposits and advance payments (1,644) (5,413)

Cash provided by operating activities 277,936  279,820

Investing activities

Investments in loans receivable (599,515) (370,099)

Proceeds from loans receivable 592,456  339,206

Funding of other receivables (45,919) —

Collections from other receivables 38,565  —

Purchases of property and equipment (8,194) (3,896)

Proceeds from sale of property and equipment 234  —

Acquisition of business, net of cash acquired (391,845) —

Cash used in investing activities (414,218) (34,789)

Financing activities

Proceeds from debt 546,178  —

Repayments on debt (591,108) (50,000)

Dividends paid (11,218) (10,443)

Acquisition of treasury stock (10,185) (51,775)

Issuance of stock under stock option and employee purchase plans 1,135  1,028

Cash paid for shares withheld for employee taxes (10,297) (7,385)

Debt issuance costs (4,628) (84)

Cash used in financing activities (80,123) (118,659)

(Decrease) increase in cash, cash equivalents and restricted cash

(216,405) 126,372

Cash, cash equivalents and restricted cash at beginning of period 308,774  95,655

Cash, cash equivalents and restricted cash at end of period $ 92,369  $ 222,027

Net cash (received) paid during the period:

Interest $ 31,774  $ 18,795

Income taxes $ (15,643) $ 45,044

PROG Holdings, Inc.

Quarterly Revenues by Segment

(In thousands)

(Unaudited)

Three months ended

June 30, 2026

Progressive Leasing Purchasing Power Four Other

Consolidated total

Lease revenues and fees

$ 549,830  $ —  $ —  $ —  $ 549,830

Product and service revenues

—  128,507  —  —  128,507

Other revenue 724  1,877  35,085  3,692  41,378

Total revenues $ 550,554  $ 130,384  $ 35,085  $ 3,692  $ 719,715

(Unaudited)

Three months ended

June 30, 2025

Progressive Leasing Purchasing Power Four Other

Consolidated total

Lease revenues and fees

$ 569,674  $ —  $ —  $ —  $ 569,674

Product and service revenues

—  —  —  —  —

Other revenue —  —  16,076  2,753  18,829

Total revenues

$ 569,674  $ —  $ 16,076  $ 2,753  $ 588,503

PROG Holdings, Inc.

Six Month Revenues by Segment

(In thousands)

(Unaudited)

Six months ended

June 30, 2026

Progressive Leasing Purchasing Power

Four

Other Consolidated total

Lease revenues and fees

$ 1,146,694  $ —  $ —  $ —  $ 1,146,694

Product and service revenues

—  234,913  —  —  234,913

Other revenue 724  2,606  70,052  7,400  80,782

Total revenues

$ 1,147,418  $ 237,519  $ 70,052  $ 7,400  $ 1,462,389

(Unaudited)

Six months ended

June 30, 2025

Progressive Leasing Purchasing Power

Four

Other Consolidated total

Lease revenues and fees $ 1,221,231  $ —  $ —  $ —  $ 1,221,231

Product and service revenues —  —  —  —  —

Other revenue —  —  30,505  5,195  35,700

Total revenues $ 1,221,231  $ —  $ 30,505  $ 5,195  $ 1,256,931

PROG Holdings, Inc.

Quarterly Gross Merchandise Volume by Segment

(In thousands)

(Unaudited)

Three months ended June 30,

Change

2026 2025

$

%

Progressive Leasing $ 428,116  $ 413,872  $ 14,244  3.4  %

Purchasing Power

158,794  —  158,794  nmf

Four

315,107  149,632  165,475  110.6

Total GMV

$ 902,017  $ 563,504  $ 338,513  60.1  %

nmf - Calculation is not meaningful

(Unaudited)

Purchasing Power

Pre-Acquisition Gross Merchandise Volume

Three months ended

Twelve months ended

March 31, 2025 June 30, 2025 September 30, 2025 December 31, 2025 December 31, 2025

Gross merchandise volume

$ 120,287  $ 137,890  $ 143,516  $ 247,641  $ 649,334

Use of Non-GAAP Financial Information:

Non-GAAP net earnings from continuing operations, non-GAAP diluted earnings from continuing operations per share, and adjusted EBITDA are supplemental measures of our performance that are not calculated in accordance with generally accepted accounting principles in the United States ("GAAP"). Non-GAAP diluted earnings per share from continuing operations for the full year 2026 and third quarter 2026 outlook excludes intangible amortization expense, restructuring expenses, transaction-related costs, legal settlement, gain on change in fair value of receivables during the first quarter of 2026, and also excludes Vive as its normal operations have been discontinued as a result of the sale of its credit card portfolio in October 2025. Non-GAAP net earnings from continuing operations and non-GAAP diluted earnings per share from continuing operations for the three and six months ended June 30, 2026 exclude intangible amortization expense, transaction and integration costs, restructuring costs, legal settlement, gain on change in fair value of receivables during the first quarter of 2026, and costs related to the cybersecurity incident, net of insurance recoveries. Non-GAAP net earnings from continuing operations and non-GAAP diluted earnings from continuing operations per share for the three and six months ended June 30, 2025 exclude intangible amortization expense, restructuring expenses, and costs related to the cybersecurity incident, net of insurance recoveries. The amount for the after-tax non-GAAP adjustment, which is tax effected using our statutory tax rate, can be found in the reconciliation of net earnings and diluted earnings per share to non-GAAP net earnings and diluted earnings per share table in this press release.

The Adjusted EBITDA figures presented in this press release are calculated as the Company’s earnings from continuing operations before interest expense, net on non-asset-backed security borrowings, depreciation on property and equipment, amortization of intangible assets and income taxes. Adjusted EBITDA for the full year and third quarter 2026 outlook also excludes stock-based compensation expense, transaction-related costs for the acquisition of Purchasing Power, restructuring charges, legal settlement, gain on change in fair value of receivables during the first quarter of 2026, and the operations of Vive. Adjusted EBITDA for the full year and third quarter 2026 includes estimated interest expense on Purchasing Power's asset-backed secured borrowings. Adjusted EBITDA for the three and six months ended June 30, 2026 also excludes stock-based compensation expense, costs related to the cybersecurity incident, net of insurance recoveries, restructuring costs, legal settlement, gain on change in fair value of receivables during the first quarter of 2026, and transaction and integration costs for the acquisition of Purchasing Power. Adjusted EBITDA for the three and six months ended June 30, 2025 also excludes stock-based compensation expense and costs related to the cybersecurity incident, net of insurance recoveries. The amounts for these pre-tax non-GAAP adjustments can be found in the segment EBITDA tables in this press release.

Management believes that non-GAAP net earnings, non-GAAP diluted earnings per share, and adjusted EBITDA provide relevant and useful information, and are widely used by analysts, investors and competitors in our industry as well as by our management in assessing both consolidated and business unit performance.

Non-GAAP net earnings from continuing operations, non-GAAP diluted earnings from continuing operations, and adjusted EBITDA provide management and investors with an understanding of the results from the primary operations of our business by excluding the effects of certain items that generally arose from larger, one-time transactions that are not reflective of the ordinary earnings activity of our operations or transactions that have variability and volatility of the amount. We believe the exclusion of stock-based compensation expense provides for a better comparison of our operating results with our peer companies as the calculations of stock-based compensation vary from period to period and company to company due to different valuation methodologies, subjective assumptions and the variety of award types. We believe interest expense on Purchasing Power's asset-backed secured borrowings represents a direct operating cost required to generate revenue; therefore, the Company is including this interest expense when calculating consolidated and Purchasing Power's adjusted EBITDA. This measure may be useful to an investor in evaluating the underlying operating performance of our business.

Adjusted EBITDA also provides management and investors with an understanding of one aspect of earnings before the impact of investing and financing charges and income taxes. These measures may be useful to an investor in evaluating our operating performance because the measures:

•Are widely used by investors to measure a company’s operating performance without regard to items excluded from the calculation of such measure, which can vary substantially from company to company depending upon accounting methods, book value of assets, capital structure and the method by which assets were acquired, among other factors.

•Are used by rating agencies, lenders and other parties to evaluate our creditworthiness.

•Are used by our management for various purposes, including as a measure of performance of our operating entities and as a basis for strategic planning and forecasting.

Non-GAAP financial measures, however, should not be used as a substitute for, or considered superior to, measures of financial performance prepared in accordance with GAAP, such as the Company’s GAAP basis net earnings and diluted earnings per share and the GAAP revenues and earnings before income taxes of the Company’s segments, which are also presented in the press release. Further, we caution investors that amounts presented in accordance with our definitions of non-GAAP net earnings, non-GAAP diluted earnings per share, and adjusted EBITDA may not be comparable to similar measures disclosed by other companies, because not all companies and analysts calculate these measures in the same manner.

PROG Holdings, Inc.

Reconciliation of Net Earnings and Diluted Earnings Per Share to

Non-GAAP Net Earnings and Diluted Earnings Per Share

(In thousands, except per share amounts)

(Unaudited) (Unaudited)

Three months ended Six months ended

June 30, June 30,

2026 2025 2026 2025

Net earnings from continuing operations

$ 37,378  $ 37,581  $ 73,596  $ 72,171

Add: Intangible amortization expense

8,588  4,000  20,400  8,001

Add: Restructuring expense

44  —  3,916  —

Add: Costs related to the cybersecurity incident, net of insurance recoveries

—  127  9  109

Add: Transaction and integration costs 1,872  —  11,563  —

Add: Legal settlement 4,750  —  4,750  —

Less: Gain on change in fair value of receivables —  —  (5,712) —

Less: Tax impact of adjustments(1)

(3,966) (1,073) (9,081) (2,109)

Non-GAAP net earnings from continuing operations

$ 48,666  $ 40,635  $ 99,441  $ 78,172

Diluted earnings per share from continuing operations

0.92  0.93  1.81  1.75

Add: Intangible amortization expense

0.21  0.10  0.50  0.20

Add: Restructuring expense

—  —  0.10  —

Add: Costs related to the cybersecurity incident, net of insurance recoveries

—  —  —  —

Add: Transaction and integration costs 0.05  —  0.28  —

Add: Legal settlement 0.12  —  0.12  —

Less: Gain on change in fair value of receivables —  —  (0.14) —

Less: Tax impact of adjustments(1)

(0.10) (0.03) (0.22) (0.05)

Non-GAAP diluted earnings per share from continuing operations(2)

$ 1.19  $ 1.00  $ 2.44  $ 1.90

Diluted weighted average shares outstanding

40,734  40,559  40,772  41,203

(1)Adjustments are tax-effected using an assumed statutory tax rate of 26%.

(2)In some cases, the sum of individual EPS amounts may not equal total non-GAAP EPS calculations due to rounding.

PROG Holdings, Inc.

Non-GAAP Financial Information

Quarterly Segment Adjusted EBITDA

(In thousands)

(Unaudited)

Three months ended

June 30, 2026

Progressive Leasing

Purchasing Power

Four

Other

Consolidated total

Net earnings from continuing operations

$ 37,378

Income tax expense(1)

13,429

Earnings (loss) from continuing operations before income tax expense

$ 45,430  $ (291) $ 7,059  $ (1,391) 50,807

Interest expense, net

9,238  259  1,140  74  10,711

Depreciation 1,653  225  26  566  2,470

Amortization 545  7,813  230  —  8,588

EBITDA from continuing operations

56,866  8,006  8,455  (751) 72,576

Stock-based compensation

8,294  638  244  1  9,177

Transaction and integration costs —  1,872  —  —  1,872

Restructuring expense

—  44  —  —  44

Legal settlement 4,750  —  —  —  4,750

Adjusted EBITDA from continuing operations

$ 69,910  $ 10,560  $ 8,699  $ (750) $ 88,419

(1) Taxes are calculated on a consolidated basis and are not identifiable by Company segment.

(Unaudited)

Three months ended

June 30, 2025

Progressive Leasing

Four

Other

Consolidated total

Net earnings from continuing operations

$ 37,581

Income tax expense(1)

13,581

Earnings (loss) from continuing operations before income tax expense

$ 51,546  $ 2,943  $ (3,327) 51,162

Interest expense, net

6,424  945  780  8,149

Depreciation 1,301  19  530  1,850

Amortization 3,771  229  —  4,000

EBITDA from continuing operations

63,042  4,136  (2,017) 65,161

Stock-based compensation

6,565  (18) 193  6,740

Costs related to the cybersecurity incident, net of insurance recoveries

127  —  —  127

Adjusted EBITDA from continuing operations

$ 69,734  $ 4,118  $ (1,824) $ 72,028

(1) Taxes are calculated on a consolidated basis and are not identifiable by Company segment.

PROG Holdings, Inc.

Non-GAAP Financial Information

Six Month Segment Adjusted EBITDA

(In thousands)

(Unaudited)

Six months ended

June 30, 2026

Progressive Leasing Purchasing Power

Four

Other Consolidated total

Net earnings from continuing operations $ 73,596

Income tax expense(1)

24,774

Earnings (loss) from continuing operations before income tax expense $ 97,390  $ (7,791) $ 18,449  $ (9,678) 98,370

Interest expense, net 20,841  682  2,213  77  23,813

Depreciation 3,193  498  50  1,067  4,808

Amortization 4,316  15,625  459  —  20,400

EBITDA from continuing operations 125,740  9,014  21,171  (8,534) 147,391

Stock-based compensation 15,581  1,052  433  (277) 16,789

Transaction and integration costs —  3,653  —  7,910  11,563

Restructuring expense 526  3,387  —  3  3,916

Gain on change in fair value of receivables —  (5,712) —  —  (5,712)

Costs related to the cybersecurity incident, net of insurance recoveries 9  —  —  —  9

Legal settlement 4,750  —  —  —  4,750

Adjusted EBITDA from continuing operations $ 146,606  $ 11,394  $ 21,604  $ (898) $ 178,706

(1) Taxes are calculated on a consolidated basis and are not identifiable by Company segment.

PROG Holdings, Inc.

Non-GAAP Financial Information

Six Month Segment Adjusted EBITDA

(In thousands)

(Unaudited)

Six months ended

June 30, 2025

Progressive Leasing

Four

Other Consolidated total

Net earnings from continuing operations $ 72,171

Income tax benefit(1)

26,243

Earnings (loss) from continuing operations before income tax benefit $ 100,171  $ 4,913  $ (6,670) 98,414

Interest expense, net 13,587  2,178  1,474  17,239

Depreciation 2,658  181  985  3,824

Amortization 7,542  459  —  8,001

EBITDA from continuing operations 123,958  7,731  (4,211) 127,478

Stock-based compensation 12,872  674  784  14,330

Restructuring expense —  —  —  —

Costs related to the cybersecurity incident, net of insurance recoveries 109  —  —  109

Adjusted EBITDA from continuing operations $ 136,939  $ 8,405  $ (3,427) $ 141,917

(1) Taxes are calculated on a consolidated basis and are not identifiable by Company segment.

PROG Holdings, Inc.

Non-GAAP Financial Information

Reconciliation of Revised Full Year 2026 Outlook for Adjusted EBITDA

(In thousands)

Fiscal year 2026 ranges

Progressive Leasing

Purchasing Power

Four

Other

Consolidated total

Estimated net earnings from continuing operations

$155,000 - $164,500

Income tax expense(1)

59,000 - 61,000

Projected earnings (loss) from continuing operations before income tax expense

$188,500 - $193,000 $17,000 - $21,500 $22,000 - $25,000 $(13,500) - $(10,500) 214,000 - 225,500

Interest expense, net

38,000 1,000 - 2,000 5,500 - 6,000 500 45,000 - 47,500

Depreciation 6,500 - 7,500 1,000 500 3,000 11,000 - 12,000

Amortization 4,000 32,000 1,000 — 37,000

Projected EBITDA from continuing operations

237,000 - 242,500 51,000 - 56,500 29,000 - 32,500 (10,000) - (7,000) 307,000 - 322,000

Stock-based compensation

30,500 - 31,500 2,000 - 2,500 1,000 - 1,500 500 34,000 - 38,000

Restructuring / change in fair value of receivables / acquisition-related transaction-costs / legal settlements 5,000 - 5,500 1,000 — 8,000 14,000 - 15,000

Projected adjusted EBITDA from continuing operations

$272,500 - 279,500 $54,000 - $60,000 $30,000 - $34,000 $(1,500) - $1,500 $355,000 - $375,000

(1) Taxes are calculated on a consolidated basis and are not identifiable by Company segment.

PROG Holdings, Inc.

Non-GAAP Financial Information

Reconciliation of Previous Full Year 2026 Outlook for Adjusted EBITDA

(In thousands)

Fiscal year 2026 ranges

Progressive Leasing

Purchasing Power

Four

Other

Consolidated total

Estimated net earnings from continuing operations

$150,500 - $166,000

Income tax expense(1)

57,000 - 63,000

Projected earnings (loss) from continuing operations before income tax expense

$191,000 - $198,500 $14,500 - $22,000 $16,500 - $20,500

$(14,500) - $(12,000)

207,500 - 229,000

Interest expense, net

38,000 1,500 - 2,000 5,500

1,500 - 2,000

46,500 - 47,500

Depreciation 6,500 - 7,500 5,500 - 6,000 500 3,000 15,500 - 17,000

Amortization 4,000 32,000 1,000 — 37,000

Projected EBITDA from continuing operations

239,500 - 248,000 53,500 - 62,000 23,500 - 27,500 (10,000) - (7,000) 306,500 - 330,500

Stock-based compensation

29,500 - 30,500 2,000 - 3,000 1,500 500 33,500 - 35,500

Restructuring / change in fair value of receivables / acquisition-related transaction-costs / legal settlements 500 - 1,000 (5,500) - (5,000) — 8,000 3,000 - 4,000

Projected adjusted EBITDA from continuing operations

$269,500 - $279,500

$50,000 - $60,000

$25,000 - $29,000

$(1,500) - $1,500

$343,000 - $370,000

(1) Taxes are calculated on a consolidated basis and are not identifiable by Company segment.

PROG Holdings, Inc.

Non-GAAP Financial Information

Reconciliation of the Three Months Ended September 30, 2026 Outlook for Adjusted EBITDA

(In thousands)

Three months ended

September 30, 2026

Consolidated total

Estimated net earnings from continuing operations

$36,000 - $42,500

Income tax expense(1)

14,000 - 16,500

Projected earnings from continuing operations before income tax expense

50,000 - 59,000

Interest expense, net

9,500

Depreciation 3,000 - 4,000

Amortization 8,000

Projected EBITDA from continuing operations

70,500 - 80,500

Stock-based compensation

8,500

Restructuring / transaction costs / legal settlements -

Projected adjusted EBITDA from continuing operations

$79,000 - $89,000

(1) Taxes are calculated on a consolidated basis and are not identifiable by Company segment.

PROG Holdings, Inc.

Reconciliation of Revised Full Year 2026 Outlook for Diluted Earnings Per Share

to Non-GAAP Diluted Earnings Per Share

Full year 2026

Low High

Projected diluted earnings per share from continuing operations

$ 3.82  $ 4.06

Add: Projected intangible amortization expense

0.91  0.91

Add: Restructuring / change in fair value of receivables / acquisition-related transaction-costs / legal settlements 0.35  0.37

Subtract: Tax effect on non-GAAP adjustments(1)

(0.32) (0.33)

Projected non-GAAP diluted earnings per share from continuing operations(2)

$ 4.75  $ 5.00

(1)Adjustments are tax-effected using an assumed statutory tax rate of 26%.

(2)In some cases, the sum of individual EPS amounts may not equal total non-GAAP EPS calculations due to rounding.

PROG Holdings, Inc.

Reconciliation of Previous Full Year 2026 Outlook for Diluted Earnings Per Share

to Non-GAAP Diluted Earnings Per Share

Full year 2026

Low High

Projected diluted earnings per share from continuing operations

$ 3.68  $ 4.06

Add: Projected intangible amortization expense

0.90  0.90

Add: Restructuring / change in fair value of receivables / acquisition-related transaction-costs / legal settlements 0.07  0.10

Subtract: Tax effect on non-GAAP adjustments(1)

(0.25) (0.26)

Projected non-GAAP diluted earnings per share from continuing operations(2)

$ 4.40  $ 4.80

(1)Adjustments are tax-effected using an assumed statutory tax rate of 26%.

(2)In some cases, the sum of individual EPS amounts may not equal total non-GAAP EPS calculations due to rounding.

PROG Holdings, Inc.

Reconciliation of the Three Months Ended September 30, 2026 Outlook for Diluted

Earnings Per Share to Non-GAAP Diluted Earnings Per Share

Three months ended

September 30, 2026

Low High

Projected diluted earnings per share from continuing operations

$ 0.86  $ 1.06

Add: Projected intangible amortization expense

0.20  0.20

Add: Restructuring / change in fair value of receivables / acquisition-related transaction-costs / legal settlements —  —

Subtract: Tax effect on non-GAAP adjustments(1)

(0.05) (0.05)

Projected non-GAAP diluted earnings per share from continuing operations(2)

$ 1.00  $ 1.20

(1)Adjustments are tax-effected using an assumed statutory tax rate of 26%.

(2)In some cases, the sum of individual EPS amounts may not equal total non-GAAP EPS calculations due to rounding.

EX-99.2 — EX-99.2 Q2 2026 EARNINGS SUPPLEMENT PRESENTATION

EX-99.2

Filename: ex-992q22026earningssupp.htm · Sequence: 3

ex-992q22026earningssupp

PROG Internal PROG Holdings, Inc. Q2 2026 Earnings Supplement JULY 29, 2026 Exhibit 99.2

2 Statements, estimates and projections in this earnings supplement regarding our business that are not historical facts are "forward-looking statements" that involve risks and uncertainties which could cause actual results to differ materially from those contained in the forward-looking statements. Such forward-looking statements generally can be identified by the use of forward-looking terminology, such as "continued," “targeted,” and "outlook," and “similar forward-looking terminology. These risks and uncertainties include (i) continued volatility and challenges in the macroeconomic environment, including due to the war in Iran and related geopolitical disruptions and increases in fuel and other prices, and their impact on: (a) consumer confidence and customer demand for the merchandise that our retail partners and Purchasing Power sell, in particular consumer durables, such as home appliances, electronics and furniture; (b) our customers’ disposable income and their ability to make the lease and loan payments they owe the Company; and (c) our overall financial performance and outlook; (ii) the impact of the uncertain macroeconomic environment on our proprietary algorithms and decisioning tools that we use to approve customers such that they are no longer indicative of our customers’ ability to perform, which in turn may limit the ability of our businesses to manage risk, avoid lease and loan charge-offs and may result in insufficient reserves to cover actual losses; (iii) a large percentage of Progressive Leasing's revenue being concentrated with several key retail partners, and the loss of any of these retail partner relationships materially and adversely affecting several aspects of our performance; (iv) Progressive Leasing being unable to attract additional retail partners and retain and grow its relationships with its existing retail partners, and/or Purchasing Power being unable to attract additional employer-clients and retain and grow its relationships with its existing clients, resulting in several aspects of our performance being materially and adversely affected; (v) our businesses being unable to attract new consumers and retain and grow their relationships with their existing customers materially and adversely affecting several aspects of our performance; (vi) Four’s and Purchasing Power's business models differing significantly from Progressive Leasing’s lease-to-own business, which means these businesses have different risk profiles; (vii) our efforts to modernize and enhance certain enterprise-wide information management systems and technologies adversely impacting our businesses and operations; (viii) the inability of our businesses to successfully operate in highly and increasingly competitive industries materially and adversely affecting several aspects of our performance; (ix) our business, results of operations, financial condition, and prospects being materially and adversely affected due to our businesses failing to maintain a consistently high level of consumer satisfaction and trust in its brands; (x) our businesses being subject to extensive federal, state and local laws and regulations, including certain laws and regulations unique to the industries in which our businesses operate, that may subject them to government investigations and significant monetary penalties, remediation expenses and compliance-related burdens that may result in them changing the manner in which they operate, which may be materially adverse to several aspects of our performance; (xi) our performance being materially and adversely affected due to the transactions offered to consumers by our businesses being negatively characterized by federal, state and local government officials, consumer advocacy groups and the media; (xii) our inability to protect confidential, proprietary, or sensitive information, including the confidential information of our customers, being adversely affected by cyber-attacks or similar disruptions, which may result in significant costs, litigation and reputational damage or otherwise have a material adverse impact on several aspects of our performance; (xiii) any significant disruption in our vendors' information technology systems, or disruptions in the information our businesses rely on in their lease and loan decisioning, materially and adversely affecting several aspects of our performance; (xiv) our capital allocation strategy and financial policies; and (xv) the other risks and uncertainties discussed under "Risk Factors" in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2025, filed with the SEC on February 18, 2026. Statements, estimates and projections in this earnings supplement that are "forward-looking" include without limitation statements, estimates and projections about: (i) the strength of our balance sheet; (ii) our net leverage ratio; (iii) our revised full year 2026 outlook and the guidance we provide for the third quarter of 2026. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this earnings supplement. Except as required by law, the Company undertakes no obligation to update these forward-looking statements to reflect subsequent events or circumstances after the date of this earnings supplement. Use of Forward-Looking Statements

PROG Internal 3 PROG Holdings Q2 2026 Headlines • Consolidated revenues from continuing operations of $719.7 million, up 22.3%; Net earnings from continuing operations of $37.4 million • Adjusted EBITDA from continuing operations of $88.4 million, up 22.8% • Diluted EPS from continuing operations of $0.92; Non- GAAP Diluted EPS from continuing operations of $1.19, up 19% • Consolidated GMV of $902.0 million, up 60.1% • Net leverage ratio ended the quarter at 1.7x

PROG Internal 4 "PROG Holdings delivered a strong second quarter, with revenue toward the higher end of our outlook and both adjusted EBITDA and Non-GAAP EPS coming in above the top end of our April outlook ranges, a reflection of disciplined execution across the business," said PROG Holdings Chairman, President and CEO Steve Michaels. "Every product in our ecosystem contributed: consolidated GMV grew 60% year-over-year, Progressive Leasing returned to positive GMV growth of 3.4% with adjusted EBITDA margin at 12.7%, Four delivered its eleventh consecutive quarter of triple-digit GMV growth, and Purchasing Power's GMV grew double-digits.” "Equally important was our continued strengthening of the balance sheet. We used our strong cash flow to pay down debt, bringing our net leverage ratio to approximately 1.7 times, down from about 2.5 times right after the acquisition of Purchasing Power, and comfortably within our targeted range of 1.5 to 2.0 times. This deleveraging gave us the confidence to resume share repurchases during the quarter.” "Reflecting our second-quarter outperformance and the momentum we see across our product ecosystem, we are raising our full-year 2026 outlook. Our performance is a testament to the resilience of our platform and the discipline with which we run it," concluded Michaels. Steve Michaels Chairman, President and CEO, PROG Holdings, Inc. PROG Holdings Executive Commentary

PROG Internal Adjusted EBITDA in millions 5 $588.5 $577.7 $574.6 $742.7 $719.7 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Non-GAAP EPSRevenue in millions 12.2% 11.4% 10.7% 12.2% 12.3% Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Adjusted EBITDA as a % of PROG Holdings consolidated revenues PROG Holdings Q2 Consolidated Results (from continuing operations) $72.0 $65.7 $61.5 $90.3 $88.4 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 $1.00 $0.87 $0.74 $1.24 $1.19 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 • Consolidated revenue increased 22.3% driven by the acquisition of Purchasing Power and growth at Four Technologies, partially offset by a decline in the Leasing segment. • Non-GAAP EPS increased 19%, primarily driven by addition of Purchasing Power and growth in Four. • The year-over-year increase in Consolidated Adjusted EBITDA was primarily a result of contribution from Purchasing Power, strong revenue and earnings at Four and higher yield on the Leasing portfolio. Q1/Q2 2026 consolidated results include Purchasing Power

PROG Internal Results

PROG Internal 7 2026 2025 Consolidated GMV $902.0 $563.5 60.1% Revenue $719.7 $588.5 22.3% GAAP Net Earnings $37.4 $37.6 -0.5% Adjusted Net Earnings $48.7 $40.6 19.8% Adjusted EBITDA $ $88.4 $72.0 22.8% Adjusted EBITDA % 12.3% 12.2% 5 bps GAAP Diluted Earnings Per Share* $0.92 $0.93 -1.1% Non-GAAP Diluted Earnings Per Share* $1.19 $1.00 18.8% Three Months Ended June 30 Change All dollar amounts in millions except EPS • GAAP to non-GAAP reconciliation tables available in appendix Q1/Q2 2026 consolidated results include Purchasing Power PROG Holdings Consolidated Q2 Results (from continuing operations)

PROG Internal 8 PROG Holdings Consolidated Results Cash and Cash Equivalents As of 6/30/2026 $85.2M Gross Recourse Debt1 As of 6/30/2026 $600M Net Leverage Ratio2 As of 6/30/2026 1.7x Operating Cash Flow From Continuing Operations Six Months Ended 6/30/2026 $283M 1)Recourse debt does not include securitization funding debt from Purchasing Power 2)Net leverage ratio defined as Gross recourse debt minus cash and cash equivalents divided by trailing 12-month adjusted EBITDA (does not add back interest from nonrecourse ABS debt)

PROG Internal 9 PROG Holdings Revised Full-Year 2026 Outlook The Company is increasing its full year 2026 outlook. The outlook assumes an operating environment with no change in the current financial pressures and uncertainties for our customers, no material changes in the company’s decisioning posture, no meaningful increase in unemployment rates for our consumer base, an effective tax rate for Non-GAAP EPS of approximately 26%, and no impact from additional share purchases.

PROG Internal 10 PROG Holdings Q3 2026 Outlook The Company is providing selective third quarter 2026 outlook metrics. The outlook assumes an operating environment with no change in the current financial pressures and uncertainties for our customers, no material changes in the company’s decisioning posture, no meaningful increase in unemployment rates for our consumer base, an effective tax rate for Non-GAAP EPS of approximately 26%, and no impact from additional share purchases.

PROG Internal

PROG Internal Non-GAAP net earnings from continuing operations, non-GAAP diluted earnings from continuing operations per share, and adjusted EBITDA are supplemental measures of our performance that are not calculated in accordance with generally accepted accounting principles in the United States ("GAAP"). Non-GAAP diluted earnings per share from continuing operations for the full year 2026 and third quarter 2026 outlook excludes intangible amortization expense, restructuring expenses, transaction-related costs, legal settlement, gain on change in fair value of receivables during the first quarter of 2026, and also excludes Vive as its normal operations have been discontinued as a result of the sale of its credit card portfolio in October 2025. Non-GAAP net earnings from continuing operations and non-GAAP diluted earnings per share from continuing operations for the three and six months ended June 30, 2026, exclude intangible amortization expense, transaction and integration costs, restructuring costs, legal settlement, and costs related to the cybersecurity incident, net of insurance recoveries. Non-GAAP net earnings from continuing operations and non-GAAP diluted earnings from continuing operations per share for the three and six months ended June 30, 2025 exclude intangible amortization expense, restructuring expenses, and costs related to the cybersecurity incident, net of insurance recoveries. The amount for the after-tax non-GAAP adjustment, which is tax effected using our statutory tax rate, can be found in the reconciliation of net earnings and diluted earnings per share to non-GAAP net earnings and diluted earnings per share table in this presentation. The Adjusted EBITDA figures presented in this presentation are calculated as the Company’s earnings from continuing operations before interest expense, net, on non-asset-backed security borrowings, depreciation on property and equipment, amortization of intangible assets and income taxes. Adjusted EBITDA for the full year and third quarter 2026 outlook also excludes stock-based compensation expense, transaction-related costs for the acquisition of Purchasing Power, restructuring charges, legal settlement, gain on change in fair value of receivables during the first quarter of 2026, and transaction and integration costs for the acquisition of Purchasing Power. Adjusted EBITDand the operations of Vive. Adjusted EBITDA for the full year and third quarter 2026 includes estimated interest expense on Purchasing Power's asset-backed secured borrowings. Adjusted EBITDA for the three and six months ended June 30, 2026, also excludes stock-based compensation expense, costs related to the cybersecurity incident, net of insurance recoveries, restructuring costs, legal settlement, gain on change in fair value of receivables during the first quarter of 2026, and transaction and integration costs for the acquisition of Purchasing Power. Adjusted EBITDA for the three and six months ended June 30, 2025, also excludes stock-based compensation expense and costs related to the cybersecurity incident, net of insurance recoveries. The amounts for these pre-tax non-GAAP adjustments can be found in the segment EBITDA tables in this presentation. Management believes that non-GAAP net earnings, non-GAAP diluted earnings per share, and adjusted EBITDA provide relevant and useful information, and are widely used by analysts, investors and competitors in our industry as well as by our management in assessing both consolidated and business unit performance. Non-GAAP net earnings from continuing operations, non-GAAP diluted earnings from continuing operations, and adjusted EBITDA provide management and investors with an understanding of the results from the primary operations of our business by excluding the effects of certain items that generally arose from larger, one-time transactions that are not reflective of the ordinary earnings activity of our operations or transactions that have variability and volatility of the amount. We believe the exclusion of stock-based compensation expense provides for a better comparison of our operating results with our peer companies as the calculations of stock-based compensation vary from period to period and company to company due to different valuation methodologies, subjective assumptions and the variety of award types. We believe interest expense on Purchasing Power's asset-backed secured borrowings represents a direct operating cost required to generate revenue; therefore, the Company is including this interest expense when calculating consolidated and Purchasing Power's adjusted EBITDA. This measure may be useful to an investor in evaluating the underlying operating performance of our business. Adjusted EBITDA also provides management and investors with an understanding of one aspect of earnings before the impact of investing and financing charges and income taxes. These measures may be useful to an investor in evaluating our operating performance because the measures: • Are widely used by investors to measure a company’s operating performance without regard to items excluded from the calculation of such measure, which can vary substantially from company to company depending upon accounting methods, book value of assets, capital structure and the method by which assets were acquired, among other factors. • Are used by rating agencies, lenders and other parties to evaluate our creditworthiness. • Are used by our management for various purposes, including as a measure of performance of our operating entities and as a basis for strategic planning and forecasting. Non-GAAP financial measures, however, should not be used as a substitute for, or considered superior to, measures of financial performance prepared in accordance with GAAP, such as the Company’s GAAP basis net earnings and diluted earnings per share and the GAAP revenues and earnings before income taxes of the Company’s segments, which are also presented in this presentation. Further, we caution investors that amounts presented in accordance with our definitions of non-GAAP net earnings, non-GAAP diluted earnings per share, and adjusted EBITDA may not be comparable to similar measures disclosed by other companies, because not all companies and analysts calculate these measures in the same manner. 12 Use of Non-GAAP Financial Measures

PROG Internal GAAP to non-GAAP Reconciliation Tables PROG Holdings, Inc. Reconciliation of Net Earnings and Diluted Earnings Per Share to Non- GAAP Net Earnings and Diluted Earnings Per Share (In thousands, except per share amounts)

PROG Internal GAAP to non-GAAP Reconciliation Tables PROG Holdings, Inc. Reconciliation of Net Earnings and Diluted Earnings Per Share to Non- GAAP Net Earnings and Diluted Earnings Per Share (In thousands, except per share amounts)

PROG Internal GAAP to non-GAAP Reconciliation Tables PROG Holdings, Inc. Non-GAAP Financial Information Quarterly Segment EBITDA (In thousands)

PROG Internal GAAP to non-GAAP Reconciliation Tables PROG Holdings, Inc. Non-GAAP Financial Information Quarterly Segment EBITDA (In thousands)

PROG Internal GAAP to non-GAAP Reconciliation Tables PROG Holdings, Inc. Non-GAAP Financial Information Quarterly Segment EBITDA (In thousands)

PROG Internal GAAP to non-GAAP Reconciliation Tables PROG Holdings, Inc. Non-GAAP Financial Information Consolidated & Progressive Leasing Adjusted EBITDA %

PROG Internal GAAP to non-GAAP Reconciliation Tables PROG Holdings, Inc. Non-GAAP Financial Information Reconciliation of Revised Full Year 2026 Outlook for Adjusted EBITDA (In thousands)

PROG Internal GAAP to non-GAAP Reconciliation Tables PROG Holdings, Inc. Non-GAAP Financial Information Reconciliation of Previous Full Year 2026 Outlook for Adjusted EBITDA (In thousands)

PROG Internal GAAP to non-GAAP Reconciliation Tables PROG Holdings, Inc. Non-GAAP Financial Information Reconciliation of the Three Months Ended September 30, 2026 Outlook for Adjusted EBITDA (In thousands)

PROG Internal GAAP to non-GAAP Reconciliation Tables PROG Holdings, Inc. Non-GAAP Financial Information Reconciliation of Revised Full Year 2026 Outlook for Diluted Earnings Per Share to Non-GAAP Diluted Earnings Per Share

PROG Internal GAAP to non-GAAP Reconciliation Tables PROG Holdings, Inc. Non-GAAP Financial Information Reconciliation of Previous Full Year 2026 Outlook for Diluted Earnings Per Share to Non-GAAP Diluted Earnings Per Share

GAAP to non-GAAP Reconciliation Tables PROG Holdings, Inc. Non-GAAP Financial Information Reconciliation of the Three Months Ended September 30, 2026 Outlook for Diluted Earnings Per Share to Non- GAAP Diluted Earnings Per Share

PROG Internal

GRAPHIC

GRAPHIC

Filename: ex-992q22026earningssupp001.jpg · Sequence: 7

Binary file (55950 bytes)

Download ex-992q22026earningssupp001.jpg

GRAPHIC

GRAPHIC

Filename: ex-992q22026earningssupp002.jpg · Sequence: 8

Binary file (234431 bytes)

Download ex-992q22026earningssupp002.jpg

GRAPHIC

GRAPHIC

Filename: ex-992q22026earningssupp003.jpg · Sequence: 9

Binary file (85422 bytes)

Download ex-992q22026earningssupp003.jpg

GRAPHIC

GRAPHIC

Filename: ex-992q22026earningssupp004.jpg · Sequence: 10

Binary file (144538 bytes)

Download ex-992q22026earningssupp004.jpg

GRAPHIC

GRAPHIC

Filename: ex-992q22026earningssupp005.jpg · Sequence: 11

Binary file (128884 bytes)

Download ex-992q22026earningssupp005.jpg

GRAPHIC

GRAPHIC

Filename: ex-992q22026earningssupp006.jpg · Sequence: 12

Binary file (41086 bytes)

Download ex-992q22026earningssupp006.jpg

GRAPHIC

GRAPHIC

Filename: ex-992q22026earningssupp007.jpg · Sequence: 13

Binary file (119220 bytes)

Download ex-992q22026earningssupp007.jpg

GRAPHIC

GRAPHIC

Filename: ex-992q22026earningssupp008.jpg · Sequence: 14

Binary file (93335 bytes)

Download ex-992q22026earningssupp008.jpg

GRAPHIC

GRAPHIC

Filename: ex-992q22026earningssupp009.jpg · Sequence: 15

Binary file (121739 bytes)

Download ex-992q22026earningssupp009.jpg

GRAPHIC

GRAPHIC

Filename: ex-992q22026earningssupp010.jpg · Sequence: 16

Binary file (84384 bytes)

Download ex-992q22026earningssupp010.jpg

GRAPHIC

GRAPHIC

Filename: ex-992q22026earningssupp011.jpg · Sequence: 17

Binary file (42980 bytes)

Download ex-992q22026earningssupp011.jpg

GRAPHIC

GRAPHIC

Filename: ex-992q22026earningssupp012.jpg · Sequence: 18

Binary file (265577 bytes)

Download ex-992q22026earningssupp012.jpg

GRAPHIC

GRAPHIC

Filename: ex-992q22026earningssupp013.jpg · Sequence: 19

Binary file (95259 bytes)

Download ex-992q22026earningssupp013.jpg

GRAPHIC

GRAPHIC

Filename: ex-992q22026earningssupp014.jpg · Sequence: 20

Binary file (97594 bytes)

Download ex-992q22026earningssupp014.jpg

GRAPHIC

GRAPHIC

Filename: ex-992q22026earningssupp015.jpg · Sequence: 21

Binary file (96231 bytes)

Download ex-992q22026earningssupp015.jpg

GRAPHIC

GRAPHIC

Filename: ex-992q22026earningssupp016.jpg · Sequence: 22

Binary file (92142 bytes)

Download ex-992q22026earningssupp016.jpg

GRAPHIC

GRAPHIC

Filename: ex-992q22026earningssupp017.jpg · Sequence: 23

Binary file (91920 bytes)

Download ex-992q22026earningssupp017.jpg

GRAPHIC

GRAPHIC

Filename: ex-992q22026earningssupp018.jpg · Sequence: 24

Binary file (75518 bytes)

Download ex-992q22026earningssupp018.jpg

GRAPHIC

GRAPHIC

Filename: ex-992q22026earningssupp019.jpg · Sequence: 25

Binary file (85785 bytes)

Download ex-992q22026earningssupp019.jpg

GRAPHIC

GRAPHIC

Filename: ex-992q22026earningssupp020.jpg · Sequence: 26

Binary file (82635 bytes)

Download ex-992q22026earningssupp020.jpg

GRAPHIC

GRAPHIC

Filename: ex-992q22026earningssupp021.jpg · Sequence: 27

Binary file (74081 bytes)

Download ex-992q22026earningssupp021.jpg

GRAPHIC

GRAPHIC

Filename: ex-992q22026earningssupp022.jpg · Sequence: 28

Binary file (69950 bytes)

Download ex-992q22026earningssupp022.jpg

GRAPHIC

GRAPHIC

Filename: ex-992q22026earningssupp023.jpg · Sequence: 29

Binary file (69665 bytes)

Download ex-992q22026earningssupp023.jpg

GRAPHIC

GRAPHIC

Filename: ex-992q22026earningssupp024.jpg · Sequence: 30

Binary file (70420 bytes)

Download ex-992q22026earningssupp024.jpg

GRAPHIC

GRAPHIC

Filename: ex-992q22026earningssupp025.jpg · Sequence: 31

Binary file (55914 bytes)

Download ex-992q22026earningssupp025.jpg

XML — IDEA: XBRL DOCUMENT

XML

Filename: R1.htm · Sequence: 33

v3.26.1

Cover Page

Jul. 29, 2026

Cover [Abstract]

Document Type

8-K

Document Period End Date

Jul. 29, 2026

Entity Registrant Name

PROG HOLDINGS, INC.

Entity Central Index Key

0001808834

Amendment Flag

false

Entity Incorporation, State or Country Code

GA

Entity File Number

1-39628

Entity Tax Identification Number

85-2484385

Entity Address, Address Line One

256 W. Data Drive

Entity Address, City or Town

Draper,

Entity Address, State or Province

UT

Entity Address, Postal Zip Code

84020-2315

City Area Code

385

Local Phone Number

351-1369

Written Communications

false

Soliciting Material

false

Pre-commencement Tender Offer

false

Pre-commencement Issuer Tender Offer

false

Title of 12(b) Security

Common Stock, $0.50 Par Value

Trading Symbol

PRG

Security Exchange Name

NYSE

Entity Emerging Growth Company

false

X

- Definition

Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.

+ References

No definition available.

+ Details

Name:

dei_AmendmentFlag

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Area code of city

+ References

No definition available.

+ Details

Name:

dei_CityAreaCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Cover page.

+ References

No definition available.

+ Details

Name:

dei_CoverAbstract

Namespace Prefix:

dei_

Data Type:

xbrli:stringItemType

Balance Type:

na

Period Type:

duration

X

- Definition

For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.

+ References

No definition available.

+ Details

Name:

dei_DocumentPeriodEndDate

Namespace Prefix:

dei_

Data Type:

xbrli:dateItemType

Balance Type:

na

Period Type:

duration

X

- Definition

The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.

+ References

No definition available.

+ Details

Name:

dei_DocumentType

Namespace Prefix:

dei_

Data Type:

dei:submissionTypeItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Address Line 1 such as Attn, Building Name, Street Name

+ References

No definition available.

+ Details

Name:

dei_EntityAddressAddressLine1

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Name of the City or Town

+ References

No definition available.

+ Details

Name:

dei_EntityAddressCityOrTown

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Code for the postal or zip code

+ References

No definition available.

+ Details

Name:

dei_EntityAddressPostalZipCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Name of the state or province.

+ References

No definition available.

+ Details

Name:

dei_EntityAddressStateOrProvince

Namespace Prefix:

dei_

Data Type:

dei:stateOrProvinceItemType

Balance Type:

na

Period Type:

duration

X

- Definition

A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityCentralIndexKey

Namespace Prefix:

dei_

Data Type:

dei:centralIndexKeyItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Indicate if registrant meets the emerging growth company criteria.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityEmergingGrowthCompany

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.

+ References

No definition available.

+ Details

Name:

dei_EntityFileNumber

Namespace Prefix:

dei_

Data Type:

dei:fileNumberItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Two-character EDGAR code representing the state or country of incorporation.

+ References

No definition available.

+ Details

Name:

dei_EntityIncorporationStateCountryCode

Namespace Prefix:

dei_

Data Type:

dei:edgarStateCountryItemType

Balance Type:

na

Period Type:

duration

X

- Definition

The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityRegistrantName

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

na

Period Type:

duration

X

- Definition

The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityTaxIdentificationNumber

Namespace Prefix:

dei_

Data Type:

dei:employerIdItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Local phone number for entity.

+ References

No definition available.

+ Details

Name:

dei_LocalPhoneNumber

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 13e

-Subsection 4c

+ Details

Name:

dei_PreCommencementIssuerTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14d

-Subsection 2b

+ Details

Name:

dei_PreCommencementTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Title of a 12(b) registered security.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b

+ Details

Name:

dei_Security12bTitle

Namespace Prefix:

dei_

Data Type:

dei:securityTitleItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Name of the Exchange on which a security is registered.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection d1-1

+ Details

Name:

dei_SecurityExchangeName

Namespace Prefix:

dei_

Data Type:

dei:edgarExchangeCodeItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14a

-Subsection 12

+ Details

Name:

dei_SolicitingMaterial

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Trading symbol of an instrument as listed on an exchange.

+ References

No definition available.

+ Details

Name:

dei_TradingSymbol

Namespace Prefix:

dei_

Data Type:

dei:tradingSymbolItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Securities Act

-Number 230

-Section 425

+ Details

Name:

dei_WrittenCommunications

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

na

Period Type:

duration