Filing Flows › Prog Holdings (PRG) › Q3 2026
Prog Holdings (PRG) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 28, 2026
Prog Holdings (PRG) reported revenue of $726M for the third quarter 2026 (Q3 2026), +26% from a year earlier and +0.8% from the quarter before. Operating margin was 9.1%, net earnings $37.2M (5.1% of revenue).
Prog Holdings, Q3 2026: revenue $726M (+26% year over year), operating margin 9.1%, net earnings $37.2M, operating cash flow $108M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $726M | +0.8% | +26% |
| Operating profit | $66.0M | +0.5% | +25% |
| Net earnings | $37.2M | +0.6% | +12% |
| Operating cash flow | $108M | +2% | -2% |
| Free cash flow | $103M | +2% | -3% |
What changed
Revenue was $725.8M in Q3 2026, up 26% year over year and up 1% from the previous quarter. Lease revenues and fees was the largest line at 76% of revenue. Other revenue added $23.4M year over year (up 111%), 16% of the total change. Lease revenues and fees declined 1%.
Operating profit was $66.0M, a 9.1% margin (unchanged year over year). Of the extra revenue versus Q3 2025, 9% reached operating profit, below the 9% margin then. Total costs grew 26% against revenue growth of 26%. The fastest-growing cost line was SG&A (+40%). Net earnings were $37.2M, up 12% year over year. The effective tax rate was 28.5%.
Operating cash flow was $108.2M (down 2% year over year), 291% of net earnings. Non-cash charges added back $10.3M of depreciation and amortization and $8.1M of share-based compensation. Working capital and other items added $52.5M. Capital expenditures of $4.8M left free cash flow of $103.4M.
Questions
What was Prog Holdings' revenue in the third quarter 2026?
Prog Holdings (PRG) reported revenue of $726M for the third quarter 2026 (Q3 2026), +26% from a year earlier and +0.8% from the quarter before.
Was Prog Holdings profitable in the third quarter 2026?
Operating profit was $66.0M (9.1% of revenue) and net earnings $37.2M.
Source: Prog Holdings 10-Q on SEC EDGAR.