Upbound Group, Inc. Q1 2026 Earnings Release

Upbound Group, Inc. reported its financial results for the first quarter ended March 31, 2026. Consolidated revenue increased by 3.7% year-over-year to $1.2 billion. Brigit revenue saw a significant increase of over 40%, driven by subscriber growth and ARPU. Acima revenue grew by 1.8% to $649 million, with an improved lease charge-off rate of 8.8%. Rent-A-Center reported a 0.4% increase in same-store sales. The company generated $171 million in net cash from operating activities and reaffirmed its full-year 2026 financial outlook. For Q2 2026, Upbound expects consolidated revenue between $1.1 billion and $1.2 billion.