EarningsQ2 2026 Earnings Report
MX:UPBD Q2 2026 EPS Results
Actual EPS$18.15
Consensus EPS$17.78
Beat/MissBeat by +$0.37
One Year Ago EPS$19.00
MX:UPBD Q2 2026 Revenue Results
Actual Revenue$19.74B
Expected Revenue$19.75B
Beat/MissMissed by -$12.28M
YoY Revenue Growth+0.51%
Earnings Announcement Details
QuarterQ2 2026
Date07/30/2026
TimeBefore Open
Conference CallThursday, July 30, 2026
MX:UPBD Upcoming Earnings
Upbound Group's next earnings date is estimated for October 29, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
MX:UPBD Q2 2026 Earnings Call
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Q2 2026 Earnings Slide Deck
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a largely constructive operational and cash-flow story: strong Brigit growth, meaningful improvement in cash generation and deleveraging, and margin expansion at Acima despite top-line and GMV pressure. Notable near-term headwinds include an Acima GMV decline (partly driven by a cyber incident with ~$13M in fraudulent losses), a decline in consolidated adjusted EBITDA and EPS, and Rent‑A‑Center EBITDA pressure and store consolidations. On balance, the positives (robust cash flow, improved credit metrics, Brigit momentum, deleveraging and raised free cash flow guidance) outweigh the negatives tied to GMV softness and one-time cyber-related losses.Company Guidance
Strong cash generation and deleveraging
Net cash provided by operating activities was $123 million, up $97 million year-over-year; free cash flow was $84 million versus negative $10 million a year ago. Trailing 12-month operating cash flow of $425 million and full-year free cash flow guidance raised to $250 million (from $200 million). Net debt was ~$1.3 billion with leverage of 2.6x TTM adjusted EBITDA, down from 2.9x at year-end 2025.
Brigit: rapid top-line and subscriber growth
Brigit revenue of $71 million, up 37% year-over-year; paying users ~1.7 million, up ~30% year-over-year; ARPU rose 6.3% to $14.30. Brigit adjusted EBITDA contribution ~ $11.8 million and net advance loss rate ~3.6%. Company reiterates Brigit outlook: >30% annualized revenue growth to $265M–$285M and adjusted EBITDA $50M–$60M.
Acima: improved credit performance and margin expansion
Despite GMV headwinds, Acima lease charge-offs improved to ~8.8%, an improvement of ~50 basis points year-over-year. Acima adjusted EBITDA was ~$98 million, up ~5% year-over-year, and adjusted EBITDA margin rose to 16.2%, an increase of ~117 basis points year-over-year.
Rent‑A‑Center operational resilience and partnership traction
Rent‑A‑Center achieved same-store sales growth of 1.6% year-over-year (third consecutive quarter). Average portfolio value per store increased ~3.5% year-over-year. Amazon order pickup/returns deployment is live in ~1,500 corporate stores and has driven material increases in store foot traffic in pilot tests.
Disciplined capital allocation and shareholder return
Quarterly dividend of $0.39 per share (~$23 million) was paid, representing ~7.5% dividend yield. Quarter-end liquidity was approximately $487 million (cash + revolver capacity). Company maintains focus on deleveraging, selective reinvestment (technology, data, underwriting), and returns to shareholders.
Reaffirmed guidance with improved cash outlook
Full-year revenue narrowed to $4.7 billion–$4.85 billion; adjusted EBITDA range reaffirmed at $500 million–$535 million; non-GAAP diluted EPS range reaffirmed at $4.00–$4.35. Free cash flow expectation raised to ~$250 million, indicating improved cash conversion expectations for 2026.
MX:UPBD Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed