PROG Holdings (PRG) Operating Expenses (2019 - 2026)
PROG Holdings' Operating Expenses came in at $660.6 million for Q2 2026, up 24.8% from $529.19 million a year earlier but down 4.2% from the prior quarter.
PROG Holdings (PRG) Operating Expenses (2019 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, PROG Holdings reported Operating Expenses of $2.39 billion, up 8.2% year-over-year; for FY2025, it was $2.21 billion, up 0.2% from FY2024.
- Operating Expenses carries a five-year compound annual growth rate of 0.0% (FY2020 to FY2025).
- Going back by year, Operating Expenses was $2.2 billion in FY2024 (+3.9%), $2.12 billion in FY2023 (-12.1%), $2.41 billion in FY2022 (+2.9%) and $2.34 billion in FY2021 (+5.9%).
- The five-year range for quarterly Operating Expenses is $480.04 million (Q4 2023) to $689.53 million (Q1 2026).
- Year-over-year, Operating Expenses increased in five of the last eight quarters, with growth averaging 5.5%.
- The fastest year-over-year change in Operating Expenses over five years came in Q2 2026 (growth of 24.8%), and the weakest in Q2 2023 (a decline of 12.9%).
- Business Quant data shows PRG's Operating Expenses at $689.53 million (Q1 2026), $495.82 million (Q4 2025) and $541.58 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Orix | 43.85 Bn | 44.35 Bn | - | 4.66 Bn |
| 2 | Rocket Companies | 43.67 Bn | 29.35 Bn | - | 2.50 Bn |
| 3 | Royalty Pharma | 33.56 Bn | 33.48 Bn | - | 541.02 Mn |
| 4 | Federal National Mortgage Association Fannie Mae | 25.52 Bn | 25.52 Bn | - | 2.07 Bn |
| 5 | Synchrony Financial | 23.24 Bn | -44.73 Bn | - | 1.33 Bn |
| 6 | Affirm Holdings | 22.66 Bn | 16.35 Bn | - | 1.02 Bn |
| 7 | Royal Gold | 20.35 Bn | 19.57 Bn | 390.45 Mn | 173.18 Mn |
| 8 | Annaly Capital Management | 15.27 Bn | 6.37 Bn | - | 58.19 Mn |
| 9 | Ares Capital | 13.74 Bn | 11.17 Bn | - | - |
| 10 | PROG Holdings | 1.27 Bn | 515.06 Mn | 644.01 Mn | 660.60 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 660.60 Mn |
| Mar 31, 2026 | 689.53 Mn |
| Dec 31, 2025 | 495.82 Mn |
| Sep 30, 2025 | 541.58 Mn |
| Jun 30, 2025 | 529.19 Mn |
| Mar 31, 2025 | 612.09 Mn |
| Dec 31, 2024 | 508.91 Mn |
| Sep 30, 2024 | 556.91 Mn |
| Jun 30, 2024 | 536.48 Mn |
| Mar 31, 2024 | 602.05 Mn |
| Dec 31, 2023 | 480.04 Mn |
| Sep 30, 2023 | 527.99 Mn |
| Jun 30, 2023 | 533.55 Mn |
| Mar 31, 2023 | 579.06 Mn |
| Dec 31, 2022 | 549.67 Mn |
| Sep 30, 2022 | 589.01 Mn |
| Jun 30, 2022 | 612.51 Mn |
| Mar 31, 2022 | 661.00 Mn |
| Dec 31, 2021 | 589.76 Mn |
| Sep 30, 2021 | 572.08 Mn |
PROG Holdings Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=PRG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "PRG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=PRG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();