---
title: "PROG Holdings releases transcript of Q1 2026 earnings call"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/292935895.md"
description: "PROG Holdings released its Q1 2026 earnings call transcript, raising full-year revenue guidance to USD 3-3.1 billion and adjusted EBITDA to USD 343-370 million. Q1 results showed continuing-operations revenue of USD 742.7 million and non-GAAP EPS of USD 1.24. While Progressive Leasing GMV dipped slightly, other segments saw significant growth, with total consolidated GMV up 54% to USD 806 million."
datetime: "2026-07-16T17:34:20.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/292935895.md)
  - [en](https://longbridge.com/en/news/292935895.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/292935895.md)
---

# PROG Holdings releases transcript of Q1 2026 earnings call

-   PROG Holdings discussed Q1 2026 results on April 29 with the CEO, CFO, and head of investor relations; analysts from Stephens, Raymond James, TD Cowen, Loop Capital, B. Riley, KeyBanc attended. \* Raised 2026 outlook: revenue USD 3-3.1 billion, adjusted EBITDA USD 343-370 million, non-GAAP EPS USD 4.4-4.8. \* Q1 continuing-operations revenue USD 742.7 million; adjusted EBITDA USD 90.3 million; non-GAAP EPS USD 1.24; consolidated GMV up 54% to USD 806 million. \* Progressive Leasing GMV fell 2.2% to USD 393 million; March returned to low-single-digit growth; gross margin rose 210 bps to 31.5% on lower 90-day purchase-option usage. \* Four GMV rose 134% to USD 280 million; revenue USD 35 million; adjusted EBITDA USD 12.9 million; recourse debt paid down USD 210 million, net leverage 2x. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PROG Holdings Inc. published the original content used to generate this news brief on July 16, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here

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