PROG Holdings reports Q3 2026 results with strong revenue growth but misses earnings and trims full‑year outlook

PROG Holdings posted third‑quarter 2026 revenue of $725.78 million, up 25.6% year over year, and GAAP diluted EPS of $0.91. Non‑GAAP EPS came in at $1.06, below the $1.09 consensus. The company cut its full‑year 2026 revenue guidance to $3.015‑$3.050 billion and EPS guidance to $4.70‑$4.85, citing consumer pressure and inflation.

The lowered guidance reduces expected earnings for the year, which may pressure the stock price and affect investors’ valuation models.

  • 1Q3 2026 revenue was $725.78 million, up 25.6% YoY.
  • 2GAAP diluted EPS for the quarter was $0.91.
  • 3Non‑GAAP diluted EPS for the quarter was $1.06.
  • 4Full‑year 2026 revenue guidance was revised to $3.015 billion‑$3.050 billion.
  • 5Full‑year 2026 EPS guidance was revised to $4.70‑$4.85.
  • 6Net income for the quarter was $37.24 million.

Sources