UPBD UPBOUND GROUP, INC.
Price Chart
Executive Summary
Upbound Group reported Q1 2026 results in line with its own targets: consolidated revenue of $1.22B (+3.7% YoY), GAAP diluted EPS of $0.61, and non-GAAP diluted EPS of $1.08. Brigit revenue grew over 40% YoY and Acima's LCO rate improved to 8.8% (down 130 bps sequentially), but Rent-A-Center revenue declined 1.5% YoY and Acima GMV fell 5.9% YoY. FY 2026 guidance was reaffirmed, providing stability but no upside catalyst.
Key Financial Metrics
Actionable Insight
Results met guidance targets with no surprise — the stock is unlikely to move materially on this print. Watch for Q2 2026 results to see if Acima GMV stabilizes and if Rent-A-Center revenue decline reverses. The 2.6x net leverage and strong cash flow provide downside protection.
Key Facts
- Consolidated revenue of $1,219.7M, up 3.7% YoY from $1,176.4M
- GAAP diluted EPS of $0.61 vs $0.42 YoY; non-GAAP diluted EPS of $1.08 vs $1.00 YoY
- Adjusted EBITDA of $136.1M, up 7.9% YoY from $126.1M
- Brigit revenue of $67.7M (+40.7% YoY on a comparable basis); paying subscribers up 26.7% YoY to 1.56M
- Acima revenue of $648.7M (+1.8% YoY) but GMV declined 5.9% YoY to $427.1M
- Rent-A-Center revenue of $481.6M (-1.5% YoY); same store sales +0.4% YoY
- Net cash from operations of $170.7M, up from $148.0M YoY; free cash flow of $135.9M
- Net leverage ratio improved to 2.6x from 2.9x at year-end 2025
- FY 2026 guidance reaffirmed: revenue $4.70B-$4.95B, Adj. EBITDA $500M-$535M, non-GAAP EPS $4.00-$4.35
- Q2 2026 guidance: revenue $1.10B-$1.20B, Adj. EBITDA $120M-$130M, non-GAAP EPS $1.00-$1.10
Financial Impact
Revenue growth of 3.7% YoY to $1.22B; non-GAAP EPS of $1.08 vs consensus estimate of $1.05 (beat by ~2.9%); GAAP EPS of $0.61 vs $0.42 YoY
Risk Factors
- Acima GMV declined 5.9% YoY, signaling potential demand weakness in the virtual lease-to-own channel
- Rent-A-Center revenue declined 1.5% YoY despite positive same-store sales, indicating store count attrition
- Brigit net advance loss rate increased 110 bps YoY to 3.5%, signaling credit quality deterioration in the fintech segment
- Ongoing legal matters (Multi-State AG investigation, NY AG lawsuit) represent contingent liability risk
Market Snapshot
Documents Analyzed
This report is based on 8 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001628280-26-028583 |
| Exhibit: ex-993upbd2026q1investor.htm | 0001628280-26-028583 |
| Exhibit: ex-991upboundgroupincrep.htm | 0001628280-26-028583 |
| Document: upbd-20260430.htm | 0001628280-26-028583 |
| Document: 0001628280-26-028583-index-headers.html | 0001628280-26-028583 |
| Document: 0001628280-26-028583-index.html | 0001628280-26-028583 |
| Document: 0001628280-26-028583.txt | 0001628280-26-028583 |
| 8-K Data (Synthetic) | 0001628280-26-028583 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
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Jun 3, 2026
10d ago
|
8-K
| $17.89 $18.20 | ▲ +1.73% | ▲ +1.33% | $18.94 (+5.87%) |
|
May 19, 2026
24d ago
|
DEFA14A
| $17.07 $17.51 | ▲ +2.58% | ▲ +1.54% | $18.94 (+10.95%) |
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May 19, 2026
25d ago
|
8-K
| $17.07 $17.51 | ▲ +2.58% | ▲ +1.54% | $18.94 (+10.95%) |
|
Apr 30, 2026
6w ago
|
8-K
| $19.76 $19.19 | ▼ −2.88% | ▼ −3.10% | $18.94 (−4.15%) |
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Apr 21, 2026
7w ago
|
DEFA14A
| $19.78 $19.96 | ▲ +0.91% | ▼ −0.11% | $18.94 (−4.25%) |
US Market Status
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