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| Date | Value |
|---|---|
| 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 |