Filing Flows › Prog Holdings (PRG) › Q2 2026 › vs Q2 2025
Prog Holdings (PRG) Q2 2026 vs Q2 2025 (year over year)
Prog Holdings's revenue rose $131M (+22%) from $589M in Q2 2025 to $720M in Q2 2026. The biggest changes: Product and service revenues +$129M (—); Other revenue +$22.5M (+120%); Lease revenues and fees −$19.8M (-3%). Operating margin 9.1% against 10.1% (-1.0 pts).
Prog Holdings, Q2 2026: revenue $720M (+22% year over year), operating margin 9.1%, net earnings $37.0M, operating cash flow $106M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 9.1% | 10.1% | -1.0 pts |
| Net margin | 5.1% | 6.5% | -1.4 pts |
| Free cash flow margin | 14.1% | 11.5% | +2.5 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Lease revenues and fees | $550M | $570M | −$19.8M | -3% |
| Product and service revenues | $129M | $0 | $129M | — |
| Other revenue | $41.4M | $18.8M | $22.5M | +120% |
| Revenue | $720M | $589M | $131M | +22% |
| Operating profit | $65.6M | $59.3M | $6.3M | +11% |
| Costs & expenses | $654M | $529M | $125M | +24% |
| Pre-tax earnings | $50.5M | $52.1M | −$1.6M | -3% |
| Other expense, net | $15.2M | $7.2M | $7.9M | +109% |
| SG&A | $128M | $87.6M | $40.0M | +46% |
| Other operating costs | $451M | $442M | $9.2M | +2% |
| Net earnings | $37.0M | $38.5M | −$1.5M | -4% |
| Income tax | $13.4M | $13.6M | −$152K | -1% |
| Depreciation & amortization | $11.1M | $5.8M | $5.2M | +89% |
| Share-based compensation | $9.2M | $6.6M | $2.6M | +39% |
| Working capital & other | $49.0M | $18.9M | $30.0M | +159% |
| Operating cash flow | $106M | $69.9M | $36.3M | +52% |
| Free cash flow (OCF − capex) | $101M | $68.0M | $33.2M | +49% |
| Capital expenditures | $5.0M | $1.9M | $3.1M | +161% |
Questions
How much did Prog Holdings's revenue grow year over year in Q2 2026?
Prog Holdings's revenue rose $131M (+22%) from $589M in Q2 2025 to $720M in Q2 2026.
What drove Prog Holdings's revenue change in Q2 2026?
Product and service revenues +$129M (—); Other revenue +$22.5M (+120%); Lease revenues and fees −$19.8M (-3%).