Upbound Group Q1 revenue misses estimates

Upbound

30/04/2026 12:09

Overview

US financial solutions provider's Q1 revenue rose 3.7% yr/yr but missed analyst expectations

Brigit unit revenue grew over 40% yr/yr, driven by subscriber and ARPU gains

Company reaffirmed its 2026 full-year revenue, adjusted EBITDA, and non-GAAP EPS outlook

Outlook

Upbound reaffirms 2026 revenue guidance of $4.70 bln to $4.95 bln

Company expects 2026 adjusted EBITDA of $500 mln to $535 mln

Upbound sees Q2 2026 revenue between $1.1 bln and $1.2 bln

Result Drivers

BRIGIT EXPANSION - Brigit revenue rose over 40% yr/yr, supported by double-digit growth in paying subscribers and ARPU

ACIMA CREDIT PERFORMANCE - Acima revenue increased about 1.8% yr/yr, with lease charge-off rate improving 130 basis points sequentially

RENT-A-CENTER SALES - Rent-A-Center same store sales grew 0.4% yr/yr, with a 20 basis point sequential improvement in lease charge-off rate

Company press release: ID:nBw3VTF8ra

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Miss
$1.20 bln
$1.23 bln (7 Analysts)

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the miscellaneous specialty retailers peer group is "buy"

Wall Street's median 12-month price target for Upbound Group Inc is $28.00, about 47.8% above its April 29 closing price of $18.94

The stock recently traded at 4 times the next 12-month earnings vs. a P/E of 4 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)