PROG (PRG) Q1 2026 Earnings Call Transcript
PROG (PRG) reported Q1 2026 earnings with consolidated GMV of $806 million, up 54% year-over-year, driven by growth in Purchasing Power and Four Technologies. However, Progressive Leasing GMV declined 2.2% year-over-year, while consolidated revenue rose 11.1% to $742.7 million. The company's adjusted EBITDA margin was 12.2% of revenue, up 29% year-over-year.
Topics: Adjusted EBITDA Earnings Financial Performance GMV Revenue