Filing Flows › Prog Holdings (PRG) › Q3 2025
Prog Holdings (PRG) Q3 2025 earnings results (third quarter 2025)
10-Q filed Oct 22, 2025
Prog Holdings (PRG) reported revenue of $578M for the third quarter 2025 (Q3 2025), -5% from a year earlier and -2% from the quarter before. Operating margin was 9.1%, net earnings $33.1M (5.7% of revenue).
Prog Holdings, Q3 2025: revenue $578M (-5% year over year), operating margin 9.1%, net earnings $33.1M, operating cash flow $110M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $578M | -2% | -5% |
| Operating profit | $52.6M | -11% | +7% |
| Net earnings | $33.1M | -14% | -61% |
| Operating cash flow | $110M | +57% | +245% |
| Free cash flow | $106M | +57% | +257% |
What changed
Revenue was $577.7M in Q3 2025, down 5% year over year and down 2% from the previous quarter.
Operating profit was $52.6M, a 9.1% margin (up 1.0 points year over year). Total costs fell 6% while revenue fell 5%. Net earnings were $33.1M, down 61% year over year. The effective tax rate was 27.3%.
Operating cash flow was $110.0M (up 245% year over year), 332% of net earnings. Non-cash charges added back $6.0M of depreciation and amortization and $7.1M of share-based compensation. Working capital and other items added $63.8M. Capital expenditures of $3.6M left free cash flow of $106.5M.
Questions
What was Prog Holdings' revenue in the third quarter 2025?
Prog Holdings (PRG) reported revenue of $578M for the third quarter 2025 (Q3 2025), -5% from a year earlier and -2% from the quarter before.
Was Prog Holdings profitable in the third quarter 2025?
Operating profit was $52.6M (9.1% of revenue) and net earnings $33.1M.
Source: Prog Holdings 10-Q on SEC EDGAR.