Upbound Group, Inc. filed its Form 10-Q for the quarterly period ended September 30, 2026, with the SEC on October 30, 2026, reporting third-quarter net earnings of $34,271 thousand compared with $13,221 thousand in the same period a year earlier.

Key Highlights

  • Third-quarter net earnings: $34,271 thousand, up from $13,221 thousand in Q3 2025.
  • Nine-month net earnings: $91,644 thousand for the nine months ended September 30, 2026, compared with $53,499 thousand in the prior-year period.
  • Total revenues: $1,146,161 thousand for Q3 2026, versus $1,164,717 thousand in Q3 2025; nine-month revenues were $3,529,316 thousand versus $3,498,616 thousand.
  • Diluted earnings per share: $0.58 for Q3 2026, compared with $0.22 in Q3 2025; $1.56 for the nine-month period versus $0.91 in the prior-year period.
  • Senior debt reduced: Senior debt, net, fell to $902,128 thousand as of September 30, 2026, from $1,126,030 thousand at December 31, 2025.
  • Shares outstanding: 58,302,380 shares of common stock as of October 22, 2026.
  • Total assets: $3,052,050 thousand as of September 30, 2026, down from $3,276,081 thousand at December 31, 2025.

Upbound Group Reports Higher Earnings and Lower Debt in Third Quarter 2026

According to the filing, Upbound Group, Inc. (NASDAQ:UPBD) recorded total revenues of $1,146,161 thousand for the three months ended September 30, 2026, a decrease from $1,164,717 thousand in the comparable prior-year quarter. Within revenues, the company disclosed that rentals and fees were $881,264 thousand, merchandise sales were $180,165 thousand, and subscriptions and fees were $78,775 thousand for Q3 2026. Subscriptions and fees showed notable growth from $57,663 thousand in Q3 2025, according to the filing.

The company reported gross profit of $580,219 thousand for Q3 2026, compared with $563,076 thousand in Q3 2025. Operating profit was $71,181 thousand for the quarter, versus $52,753 thousand in the prior-year quarter. The filing disclosed that interest expense declined to $25,067 thousand in Q3 2026 from $28,662 thousand in Q3 2025, and that no debt refinancing charges were recorded in Q3 2026, compared with $4,894 thousand in Q3 2025. Income tax expense was $12,456 thousand for the quarter.

On the balance sheet, the filing reported total stockholders' equity of $750,124 thousand as of September 30, 2026, up from $695,740 thousand at December 31, 2025. Retained earnings stood at $1,041,598 thousand. Senior debt, net, declined by approximately $223,902 thousand from year-end 2025 to September 30, 2026. Goodwill remained unchanged at $488,158 thousand. Cash and cash equivalents were $125,097 thousand at quarter-end versus $120,528 thousand at December 31, 2025. The company also disclosed stock-based compensation of $6,167 thousand in Q3 2026 and dividends declared during the quarter.

What Was Disclosed

Upbound Group filed its quarterly report covering the three and nine months ended September 30, 2026, disclosing higher net earnings, a reduction in senior debt, growth in subscriptions and fees revenue, and an increase in total stockholders' equity compared with year-end 2025.