Get notified when PRG files again. Create a free account and we'll email you the moment its next filing is analyzed.

Get filing alerts

Critical incident detected

Existential event

Time-sensitive event — see the red-flag panel below for the source-quoted detail.

Red Flags Detected

  • Elevated Delinquencies and Tightened Decisioning At Progressive Leasing (worsened) — Write-off rate increased to 8.4% from 7.5%, and further tightening is expected to pressure GMV.
  • American Signature Bankruptcy (new) — Major POS partner filed for bankruptcy, causing store closures that will negatively impact GMV, revenue, and earnings.
  • Moneyapp Class Action Litigation (new) — Putative class action alleges violations of Military Lending Act and Truth in Lending Act.
  • Purchasing Power Non-federal Employee Delinquencies (new) — Elevated delinquencies on non-federal employee receivables led to higher-than-expected credit losses.
NYSE: PRG PROG Holdings, Inc. 10-Q

PROG Holdings' revenue jumps 22.3% to $719.7M on Purchasing Power acquisition, but net income slips 3.8%

Filed July 30, 2026 · Period ending June 30, 2026 · Compared to 10-Q Jul 23, 2025 · ~2 min read

Key Changes

  • high

    Acquired Purchasing Power for $424.2M in cash, adding a new reportable segment and $130.4M in quarterly revenue, but also $338.6M of non-recourse debt.

    MD&A: Acquisition verify on EDGAR →
  • high

    Progressive Leasing faces headwinds: American Signature bankruptcy, elevated delinquencies (write-offs 8.4% vs 7.5%), and tightened decisioning expected to pressure GMV.

    MD&A: Progressive Leasing verify on EDGAR →
  • high

    New litigation: MoneyApp class action alleging Military Lending Act violations, and a $4.8M IP settlement charge; legal accruals rose to $5.3M.

    Legal Proceedings verify on EDGAR →

1 more material change behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.

Read 3 full reports/month free No card required. Takes 30 seconds.

Want to see a complete report first? Today's free report (NTSK 10-Q) is open in full — no account needed.

Partner

Trade PRG commission-free

Open an account, get a free stock.

Sign up

Investing involves risk. Free stock terms apply.

Was this report useful?
View original filing on SEC.gov View full financials on EDGAR ↗

Figures/quotes linked to EDGAR · Narrative written by AI · Sep 4, 2026 · How we verify