PROG

Q2 FY2026 EarningsQ2 FY2026 results were in-line to slightly above consensus on the top line, with revenue of $719.7M vs. $713.5M expected, while Diluted EPS (GAAP) of $0.91 outperformed the $0.81 mean estimate. The revenue growth of 22.3% YoY was primarily driven by the Purchasing Power acquisition and 118.2% growth at Four, offsetting a 3.4% decline in Progressive Leasing. Despite a consolidated GAAP net income beat, segment-level performance was mixed, with Progressive Leasing facing higher write-offs (8.4% of revenue) and Purchasing Power reporting a pre-tax loss due to integration and restructuring costs.