Filing Flows › Upbound Group (UPBD) › Q1 2026
Upbound Group (UPBD) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 1, 2026
Upbound Group (UPBD) reported revenue of $1.2B for the first quarter 2026 (Q1 2026), +4% from a year earlier and +2% from the quarter before. Operating margin was 6.3%, net earnings $35.8M (2.9% of revenue).
Upbound Group, Q1 2026: revenue $1.2B (+4% year over year), operating margin 6.3%, net earnings $35.8M, operating cash flow $171M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.2B | +2% | +4% |
| Gross profit | $586M | 0% | +7% |
| Operating profit | $77.4M | +35% | +24% |
| Net earnings | $35.8M | +81% | +44% |
| Operating cash flow | $171M | +310% | +15% |
| Free cash flow | $155M | +543% | +13% |
What changed
Revenue was $1.2B in Q1 2026, up 4% year over year and up 2% from the previous quarter. Acima was the largest line at 53% of revenue. Brigit added $0.04B year over year (up 112%), 83% of the total change. Rent-A-Center declined 2%.
Gross margin was 48.1%, up 1.3 points from Q1 2025. Operating profit was $0.08B, a 6.3% margin (up 1.0 points year over year). Of the extra revenue versus Q1 2025, 34% reached operating profit, above the 5% margin then. Operating expenses grew 4% against revenue growth of 4%. Net earnings were $0.04B, up 44% year over year. The effective tax rate was 30.2%.
Operating cash flow was $0.17B (up 15% year over year), 477% of net earnings. Non-cash charges added back $0.04B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.09B. Capital expenditures of $0.02B left free cash flow of $0.15B.
Questions
What was Upbound Group's revenue in the first quarter 2026?
Upbound Group (UPBD) reported revenue of $1.2B for the first quarter 2026 (Q1 2026), +4% from a year earlier and +2% from the quarter before.
Was Upbound Group profitable in the first quarter 2026?
Operating profit was $77.4M (6.3% of revenue) and net earnings $35.8M.
Source: Upbound Group 10-Q on SEC EDGAR.