PROG Holdings Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	146.79	197.25	138.84	98.71	243.56
Depreciation & Amortization	24.46	20.18	26.63	28.35	28.36
Other Amortization	1,590	1,628	1,582	1,763	1,825
Asset Writedown & Restructuring Costs	3.25	6.02	-	10.15	-
Stock-Based Compensation	28.81	29.18	24.92	17.52	21.35
Provision & Write-off of Bad Debts	408.09	330.61	304.63	376.26	224.74
Other Operating Activities	2.4	-113.75	-41.11	-18.04	9.14
Change in Accounts Receivable	-324.03	-342.95	-307.98	-374.52	-229.7
Change in Accounts Payable	8.19	-8.5	15.2	2.23	70.82
Change in Unearned Revenue	-3.5	5.2	-1.36	-8	-1.5
Change in Income Taxes	-39.7	24.74	-14.19	-6.01	-29.75
Change in Other Net Operating Assets	-1,510	-1,693	-1,564	-1,689	-1,934
Operating Cash Flow	334.96	138.53	204.24	242.48	245.96
Operating Cash Flow Growth	141.81%	-32.17%	-15.77%	-1.42%	-46.06%
Capital Expenditures	-10.04	-8.32	-9.62	-9.67	-9.56
Sale of Property, Plant & Equipment	-	0.13	0.05	0.03	0.08
Cash Acquisitions	-	-	-	-	-22.77
Other Investing Activities	-	0.04	0.37	0.01	-
Investing Cash Flow	6.65	-79.17	-38.83	-53.53	-82.17
Long-Term Debt Issued	-	50	-	-	591.75
Long-Term Debt Repaid	-50	-	-	-	-50
Net Debt Issued (Repaid)	-50	50	-	-	541.75
Issuance of Common Stock	1.63	2.36	1.36	1.15	4.59
Repurchase of Common Stock	-59.27	-148.31	-143.2	-226.77	-576.03
Common Dividends Paid	-20.77	-20.39	-	-	-
Other Financing Activities	-0.08	-2.78	-0.03	-1.6	-0.59
Financing Cash Flow	-128.49	-119.12	-141.87	-227.22	-30.28
Net Cash Flow	213.12	-59.76	23.54	-38.28	133.51
Free Cash Flow	324.92	130.21	194.62	232.81	236.41
Free Cash Flow Growth	149.54%	-33.10%	-16.40%	-1.52%	-39.63%
Free Cash Flow Margin	13.49%	5.29%	8.08%	8.96%	8.83%
Free Cash Flow Per Share	7.95	2.99	4.18	4.47	3.56
Cash Income Tax Paid	45.79	49.84	100.43	62.17	53.6
Levered Free Cash Flow	1,863	1,799	1,849	2,009	2,139
Unlevered Free Cash Flow	1,883	1,824	1,874	2,033	2,143
Change in Working Capital	-1,869	-2,015	-1,872	-2,075	-2,124

Updated Feb 18, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q