PROG Holdings Inc (PRG) FinancialsPRGFinancialPROG Holdings Inc

PROG Holdings Inc (PRG) generates its revenue through a diversified portfolio of business segments. Currently, the largest contributor to its top-line growth is Lease Revenuesand Fees, accounting for 94.2% of total sales, equivalent to $569.67M. Another important revenue stream is Interestand Feeson Loans Receivable. Understanding this composition is critical for investors evaluating how PRG navigates market cycles within the Financial Technology (Fintech) industry.

Evaluating the bottom line, PROG Holdings Inc maintains a gross margin of 38.86%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at 9.03%, while the net margin is 5.19%. These profitability ratios, combined with a Return on Equity (ROE) of 17.07%, provide a clear picture of how effectively PRG converts its operational activities into shareholder value.

In the context of the broader market, PRG competes directly with industry leaders such as WD and ATLC. With a market capitalization of $1.56B, it holds a leading position in the sector. When comparing efficiency, PRG's gross margin of 38.86% stands against WD's 93.91% and ATLC's 57.46%. Such benchmarking helps identify whether PROG Holdings Inc is trading at a premium or discount relative to its financial performance.

In Q2 2026, PROG Holdings reported a revenue of $719.7 million, a 22.3% increase year-over-year, and a non-GAAP EPS of $1.19, beating expectations significantly. The gross margin has been improving, with Q2 2026 at 38.86%, although it decreased from previous quarters. The company has a forward P/E of 8.3752, indicating it is potentially undervalued compared to its growth prospects.