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

PROG Holdings' (PRG) quarterly Operating Expenses came in at $150.2 million in Q1 2026, up 53.07% year-on-year from $98.1 million in Q1 2025, and down 91.89% quarter-over-quarter from $1.9 billion in Q4 2025.

PROG Holdings (PRG) Operating Expenses (2019 - 2026) Analysis & Trends

PROG Holdings has disclosed Operating Expenses across 8 years of filings, most recently posting $150.2 million for Q1 2026.

  • Operating Expenses for Q1 2026 came in at $150.2 million, up 53.07% year-over-year; the trailing twelve-month figure through Mar 2026 was $2.2 billion (up 2.98% YoY), and the FY2025 annual result 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.
  • The 5-year median for Operating Expenses is $122.0 million (2025), against an average of $510.4 million.
  • Peak annual rise in Operating Expenses reached 368.36% in 2023, while the deepest fall reached 82.41% in 2023.
  • PROG Holdings' Operating Expenses stood at $2.1 billion in 2022, then plunged by 76.86% to $480.0 million in 2023, then jumped by 287.05% to $1.9 billion in 2024, then dropped by 0.35% to $1.9 billion in 2025, then slumped by 91.89% to $150.2 million in 2026.
  • The last three Operating Expenses figures came in at $150.2 million (Q1 2026), $1.9 billion (Q4 2025), and $122.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 U-Haul Holding 10.97 Bn 10.97 Bn -42.05 Mn 848.61 Mn
2 Ryder System 10.36 Bn 10.36 Bn 3.02 Bn 3.01 Bn
3 Avis Budget 6.65 Bn 6.24 Bn - 1.42 Bn
4 Gatx 6.31 Bn 7.19 Bn 561.90 Mn 410.40 Mn
5 WillScot Holdings 5.22 Bn 5.22 Bn 285.68 Mn 234.02 Mn
6 Herc Holdings 5.17 Bn 5.13 Bn 686.00 Mn 393.00 Mn
7 Mcgrath Rentcorp 2.90 Bn 2.90 Bn 96.89 Mn 76.20 Mn
8 Custom Truck One Source 2.57 Bn 2.57 Bn 103.06 Mn 71.59 Mn
9 EquipmentShare.com 2.06 Bn 1.75 Bn - -
10 PROG Holdings 1.53 Bn 1.46 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