Prog Holdings, Inc. PRG

What this company does

PROG Holdings is a financial technology holding company that provides payment options to consumers. As of December 31, 2025, it had two operating segments, Progressive Leasing and Four. The Progressive Leasing segment provides in-store, app-based and e-commerce point-of-sale lease-to-own solutions through approximately 24,000 third-party POS partner locations and e-commerce websites in 45 states, the District of Columbia and Puerto Rico. The Progressive Leasing segment accounted for approximately 96% of the company's consolidated revenues for the year ended December 31, 2025. The Four segment enables consumers to pay for purchases over time through short-term, interest-free installment Buy Now, Pay Later plans. As of December 31, 2025, its employee count was 1,151 for Progressive Leasing, 15 for Four and 69 for Other, the majority of which were full-time employees.

Written from the business description in PROG Holdings, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 18 February 2026. Every sentence was checked against that document before publication.