Growth Metrics

PROG Holdings (PRG) Operating Expenses (2019 - 2026)

PROG Holdings recorded quarterly Operating Expenses of $150.2 million in Q1 2026, down 91.89% quarter-over-quarter from $1.9 billion in Q4 2025, and up 53.07% year-over-year from $98.1 million in Q1 2025.

PROG Holdings' Operating Expenses history runs 8 years deep, the most recent figure standing at $150.2 million for Q1 2026.

  • In Q1 2026, Operating Expenses rose 53.07% year-over-year to $150.2 million; the TTM figure through Mar 2026 stood at $2.2 billion (up 2.98% YoY), while the FY2025 annual figure was $2.2 billion, changed 0.22% from the prior year.
  • Operating Expenses came in at $150.2 million for Q1 2026 at PROG Holdings, down from $1.9 billion in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $2.1 billion in Q4 2022 to a low of $98.1 million in Q1 2025.
  • A 5-year average of $510.4 million and a median of $122.0 million in 2025 frame the typical range for Operating Expenses.
  • On a YoY basis, Operating Expenses climbed as much as 368.36% in 2023 and fell as far as 82.41% in 2023.
  • PROG Holdings' Operating Expenses stood at $2.1 billion in 2022, then tumbled by 76.86% to $480.0 million in 2023, then surged by 287.05% to $1.9 billion in 2024, then declined by 0.35% to $1.9 billion in 2025, then sank by 91.89% to $150.2 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $150.2 million, $1.9 billion, and $122.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 FTAI Aviation 25.24 Bn 24.83 Bn 765.71 Mn 660.32 Mn
2 Ryder System 9.37 Bn 9.37 Bn 3.02 Bn 3.01 Bn
3 U-Haul Holding 9.00 Bn 9.00 Bn -42.05 Mn 848.61 Mn
4 Gatx 6.17 Bn 7.05 Bn 561.90 Mn 410.40 Mn
5 Avis Budget 5.57 Bn 5.16 Bn - 1.42 Bn
6 WillScot Holdings 4.38 Bn 4.38 Bn 285.68 Mn 234.02 Mn
7 Herc Holdings 4.30 Bn 4.26 Bn 686.00 Mn 393.00 Mn
8 Mcgrath Rentcorp 2.69 Bn 2.69 Bn 96.89 Mn 76.20 Mn
9 Custom Truck One Source 2.10 Bn 2.10 Bn 103.06 Mn 71.59 Mn
10 PROG Holdings 1.33 Bn 1.27 Bn 680.17 Mn 150.20 Mn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 150.20 Mn
Dec 31, 2025 1.85 Bn
Sep 30, 2025 122.04 Mn
Jun 30, 2025 116.20 Mn
Mar 31, 2025 98.12 Mn
Dec 31, 2024 1.86 Bn
Sep 30, 2024 111.11 Mn
Jun 30, 2024 107.90 Mn
Mar 31, 2024 127.34 Mn
Dec 31, 2023 480.04 Mn
Sep 30, 2023 527.99 Mn
Jun 30, 2023 107.71 Mn
Mar 31, 2023 105.26 Mn
Dec 31, 2022 2.07 Bn
Sep 30, 2022 112.73 Mn
Jun 30, 2022 612.51 Mn
Mar 31, 2022 113.66 Mn
Dec 31, 2021 2.05 Bn
Sep 30, 2021 102.05 Mn
Jun 30, 2021 567.66 Mn
Mar 31, 2021 614.89 Mn
Dec 31, 2020 -1.30 Bn
Sep 30, 2020 515.69 Mn
Jun 30, 2020 82.52 Mn
Mar 31, 2020 98.98 Mn
Dec 31, 2019 -619.28 Mn
Sep 30, 2019 908.31 Mn