Filing Flows › Upbound Group (UPBD) › Q2 2026 › vs Q1 2026
Upbound Group (UPBD) Q2 2026 vs Q1 2026 (quarter over quarter)
Upbound Group's revenue fell $56.3M (-5%) from $1.2B in Q1 2026 to $1.2B in Q2 2026. The biggest changes: Acima −$45.2M (-7%); Rent A Center −$15.2M (-3%); Brigit +$3.5M (+5%). Gross margin 51.1% against 48.1% (+3.0 pts).
Upbound Group, Q2 2026: revenue $1.2B (+0.5% year over year), operating margin 4.7%, net earnings $21.6M, operating cash flow $123M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Gross margin | 51.1% | 48.1% | +3.0 pts |
| Operating margin | 4.7% | 6.3% | -1.7 pts |
| Net margin | 1.9% | 2.9% | -1.1 pts |
| Free cash flow margin | 9.3% | 12.7% | -3.4 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Acima | $604M | $649M | −$45.2M | -7% |
| Rent A Center | $466M | $482M | −$15.2M | -3% |
| Brigit | $71.1M | $67.7M | $3.5M | +5% |
| Mexico | $22.4M | $21.8M | $611K | +3% |
| Revenue | $1.2B | $1.2B | −$56.3M | -5% |
| Gross profit | $595M | $586M | $8.4M | +1% |
| Cost of revenue | $569M | $633M | −$64.7M | -10% |
| Operating profit | $54.3M | $77.4M | −$23.2M | -30% |
| Operating expenses | $541M | $509M | $31.6M | +6% |
| Pre-tax earnings | $29.3M | $51.3M | −$22.0M | -43% |
| Other expense, net | $25.0M | $26.2M | −$1.2M | -4% |
| General & admin | $59.7M | $57.1M | $2.6M | +5% |
| Other operating costs | $481M | $452M | $29.0M | +6% |
| Net earnings | $21.6M | $35.8M | −$14.2M | -40% |
| Income tax | $7.7M | $15.5M | −$7.8M | -50% |
| Depreciation & amortization | $35.1M | $35.3M | −$214K | -0.6% |
| Share-based compensation | $17.5M | $11.6M | $5.9M | +51% |
| Working capital & other | $49.1M | $87.9M | −$38.8M | -44% |
| Operating cash flow | $123M | $171M | −$47.4M | -28% |
| Free cash flow (OCF − capex) | $108M | $155M | −$46.9M | -30% |
| Capital expenditures | $15.5M | $16.0M | −$466K | -3% |
Questions
How much did Upbound Group's revenue grow quarter over quarter in Q2 2026?
Upbound Group's revenue fell $56.3M (-5%) from $1.2B in Q1 2026 to $1.2B in Q2 2026.
What drove Upbound Group's revenue change in Q2 2026?
Acima −$45.2M (-7%); Rent A Center −$15.2M (-3%); Brigit +$3.5M (+5%).