Prog Holdings, INC
Market Movers (8-K)
NYSE
PROG Holdings announced robust second quarter 2026 financial results, exceeding expectations for Adjusted EBITDA and Non-GAAP EPS, and consequently raising its full-year 2026 financial outlook.
Better than expected
NYSE
PROG Holdings, Inc. announced leadership changes with CEO Steven A. Michaels appointed Chairman of the Board, and declared a quarterly cash dividend of $0.14 per share.
NYSE
PROG Holdings announced first quarter 2026 financial results, exceeding expectations with significant revenue and earnings growth, and increased its full-year 2026 financial outlook.
Better than expected
NYSE
PROG Holdings, Inc. announced the completion of its $420 million acquisition of Purchasing Power, expanding its reach in employer-based financial solutions.
Capital raise
NYSE
PROG Holdings expands its fintech ecosystem by acquiring Purchasing Power for $420 million, aiming to broaden payment solutions for nearand sub-prime consumers.
Capital raise
Better than expected
NYSE
PROG Holdings, Inc. announced a quarterly cash dividend of $0.13 per share, payable on December 2, 2025.
Quarterly Earnings (10-Q)
NYSE
PROG Holdings saw an 11.1% revenue increase in Q1 2026, driven by the Purchasing Power acquisition, despite a decline in Progressive Leasing's revenue.
NYSE
PROG Holdings reports mixed Q3 2025 results with declining net earnings but strong cash flow, while strategically divesting its Vive Financial segment.
Worse than expected
NYSE
PROG Holdings, Inc. announced increased net earnings and earnings per share for the second quarter and first half of 2025, driven by growth in its Vive and Four segments, despite a decline in Gross Merchandise Volume for its core Progressive Leasing business.
Worse than expected
NYSE
PROG Holdings' Q1 2025 revenues increased by 6.6% year-over-year, driven by a larger lease portfolio, despite challenges from a major POS partner bankruptcy and macroeconomic pressures.
NYSE
PROG Holdings saw a revenue increase in Q3 2024, but faced challenges with increased write-offs and loan loss provisions.
Worse than expected
NYSE
PROG Holdings' second-quarter results show flat revenue year-over-year, with a decrease in earnings before income taxes, impacted by increased provisions for loan losses and restructuring costs.
Worse than expected
Annual Reports (10-K)
NYSE
PROG Holdings' 2024 10-K filing reveals a revenue increase driven by GMV growth, offset by macroeconomic headwinds and cybersecurity incident costs.
Worse than expected
NYSE
PROG Holdings' 2023 10-K filing details the company's capital structure, potential risks, and financial performance across its Progressive Leasing, Vive, and Four segments.
Worse than expected
Insider Trading (Form 4)
NYSE
Director Ray M. Robinson acquired 4,953 restricted stock units of PROG Holdings, Inc. as part of an annual director grant.
NYSE
PROG Holdings CEO Steven A. Michaels was granted 137,590 restricted stock units as part of his compensation package.
NYSE
Director James P. Smith acquired 4,953 restricted stock units of PROG Holdings, Inc. as part of an annual director grant.
NYSE
Director Caroline Sio-Chin Sheu acquired 4,953 restricted stock units of PROG Holdings, Inc. as part of an annual director grant.
NYSE
Director Daniela Mielke was granted 4,953 restricted stock units in PROG Holdings, Inc. as part of an annual director compensation plan.
NYSE
Director Ramon Martinez acquired 4,953 restricted stock units as part of the annual non-employee director compensation program.
Proxy Statements (Def-14A)
NYSE
PROG Holdings reports strong 2025 growth in its multi-product ecosystem, driven by Four Technologies and PROG Marketplace, alongside the strategic acquisition of Purchasing Power.
NYSE
PROG Holdings reports strong 2024 performance driven by GMV growth, strategic partnerships, and shareholder returns, while inviting shareholders to the 2025 Annual Meeting.
Better than expected
NYSE
PROG Holdings announces its 2024 Annual Meeting of Shareholders and reflects on a year of financial, operational, and strategic achievements amidst a challenging macroeconomic environment.
Better than expected
Schedule 13G - Passive Investments
NYSE
Vanguard Capital Management has reported beneficial ownership of 5% of PROG Holdings Inc. common stock as of June 30, 2026.
NYSE
Vanguard Portfolio Management has reported beneficial ownership of 6.27% of PROG Holdings Inc.'s common stock as of March 31, 2026.
NYSE
The Vanguard Group has reported a 0% beneficial ownership in PROG Holdings Inc. following an internal realignment.
Worse than expected
NYSE
FMR LLC and its Chairman and CEO, Abigail P. Johnson, have filed an amended Schedule 13G, reporting a passive beneficial ownership of 3.4% of PROG Holdings Inc.'s common stock as of March 31, 2025.
NYSE
BlackRock, Inc. has filed an amended Schedule 13G, revealing a beneficial ownership of 15.3% of PROG Holdings, Inc.'s common stock as of March 31, 2025.