What factors drove the changes in Upbound Group's revenue and profit?

What is Upbound Group's latest dividend and current dividend yield?

What is the market's earnings forecast for Upbound Group next quarter?

Did Upbound Group beat or miss consensus estimates last quarter?

What guidance did Upbound Group's management provide for the next earnings period?

What is the revenue and EPS growth rate for Upbound Group year over year?

What were the key takeaways from Upbound Group's earnings call?

What were the key takeaways from Upbound Group’s earnings call?

- **Record Revenue Growth**: 2025 full-year revenue of $4.7 billion (8.7% YoY), driven by Brigit acquisition and Acima expansion.
- **Brigit Outperformance**: 30% YoY subscriber growth, ARPU up 10%, and Q4 revenue of $64.6 million despite delayed product launches.
- **Segment Resilience**: Rent-A-Center Q4 same-store sales growth of 80 basis points; Acima loss rate stabilized at 10.1%.
- **2026 Guidance**: Targeted 30%+ Brigit revenue growth; Acima GMV mid-single digits; free cash flow $200 million.
- **AI and Cross-Sell**: Investing in AI for customer personalization and cross-selling across brands to unlock $100 million+ in incremental value.

**【CEO Summary Section】**
- **Revenue and Growth**: Full-year 2025 revenue reached $4.7 billion (8.7% YoY), with Q4 revenue of $1.2 billion (10.9% YoY). Adjusted EBITDA was $510 million (7.5% YoY), and non-GAAP EPS was $4.13 (7.8% YoY). Free cash flow improved to $180 million, up $130 million YoY.
- **Strategic Acquisitions**: Brigit added 1.6 million paid subscribers (30% YoY) and contributed $64.6 million in Q4 revenue. Acima's direct-to-consumer GMV grew 100% YoY, accounting for 10% of total GMV.
- **Segment Performance**: Acima saw 8.6% YoY revenue growth; Rent-A-Center achieved 80 basis points of same-store sales growth in Q4; Brigit's ARPU increased 10% YoY.
- **Future Focus**: 2026 priorities include AI-driven customer personalization, cross-selling across brands, and disciplined underwriting to manage macroeconomic risks.

**【CFO Financial Commentary】**
- **2025 Financials**: GAAP net income of $420 million; non-GAAP EPS of $4.13. Free cash flow of $180 million, up $130 million YoY, driven by tax benefits and improved collections.
- **2026 Guidance**: Revenue $4.7-4.95 billion; adjusted EBITDA $500-535 million; non-GAAP EPS $4-4.35. Brigit expected to grow 30% YoY to $265-285 million in revenue.
- **Liquidity and Capital Allocation**: $358 million liquidity as of Q4. Targeting 2x net leverage ratio over time. Share buybacks may resume if conditions allow.
- **Risk Management**: Acima loss rate guided to 9.5% for 2026; Rent-A-Center loss rate stable at 4.9%.

**【Q&A Highlights】**
- **Brigit Product Delays**: Line of credit pilot launched late 2025; broader rollout delayed due to regulatory and partner challenges. 2026 focus on profitable growth with 30%+ revenue target.
- **Tax Season Impact**: Elevated tax refunds could boost Acima/RAC Q1 revenue but compress margins. Brigit may see lower subscriber growth in Q1 due to consumer cash flush.
- **Competitive Landscape**: Brigit faces new entrants in EWA market, but differentiates through subscription model and cash flow underwriting. Acima maintains leadership in lease-to-own GMV growth.
- **AI Integration**: Acima's leasability engine uses AI to approve 45% of direct-to-consumer transactions. Future plans include generative AI for customer engagement and underwriting.
- **Segment Outlook**: Acima GMV growth mid-single digits; Rent-A-Center flat to positive; Brigit 30%+ revenue growth. All segments prioritize EBITDA margin expansion.

Upbound Group, Inc. (UPBD) Q4 2025 Earnings Call Transcript

- **Revenue Growth**: Q3 revenue $1.16 billion (+9% YoY), driven by Acima (+11% GMV) and Brigit (+40% revenue). 
- **Segment Performance**: Acima EBITDA margin 12% (down 130bps YoY), Brigit EBITDA $9.3 million (16.1% margin), Rent-A-Center EBITDA margin 16.2%. 
- **Underwriting Tightening**: Acima charge-offs 9.7% (up 50bps YoY), guiding to peak 10% in Q4 before improving in 2026. 
- **Tax Benefits**: $150 million tax savings to support deleveraging and growth investments. 
- **2026 Outlook**: Acima targeting high single-digit to low double-digit GMV growth, Brigit testing new credit products.

**【CEO Opening Remarks】**
- Introduced new executives: Hal Khouri (CFO) and Rebecca Wooters (Chief Growth Officer), emphasizing their expertise in consumer finance and digital transformation.
- Highlighted Q3 2025 results: Revenue of $1.16 billion (+9% YoY), Adjusted EBITDA of $123.6 million (+5.7% YoY). 
- Segment performance: Acima GMV +11% YoY, Brigit revenue +40% YoY, Rent-A-Center same-store sales improving sequentially.

**【Segment Performance】**
- **Acima**: GMV growth driven by new merchants (13% more applications YoY), but underwriting tightening led to 11% GMV growth vs. 15% in Q4 2024. EBITDA margin 12% (-130bps YoY) due to jewelry category expansion and higher charge-offs (9.7% vs. 9.2% YoY). 
- **Brigit**: 27% subscriber growth, ARPU $13.74 (+11.4% YoY), testing line of credit product. Adjusted EBITDA $9.3 million (16.1% margin). 
- **Rent-A-Center**: Same-store sales -3.6% YoY but +40bps sequentially. EBITDA margin 16.2% (+160bps sequentially) due to operational efficiency. 

**【Financial Highlights】**
- Free cash flow: $50 million Q3, $167 million YTD. 
- Tax benefits: $150 million savings from bonus depreciation, reducing 2025 tax rate to 24.5% (vs. 26% run rate). 
- Guidance: Full year revenue $4.0-4.75 billion, EBITDA $500-510 million, EPS $4.05-4.15. 

**【Q&A Highlights】**
- **Acima Growth**: Tightening underwriting will limit Q4 GMV to mid-single digits, but 2026 target of high single-digit to low double-digit growth remains. 
- **Consumer Trends**: Core consumers (income $25-60k) facing inflation and job market uncertainty, driving demand for low weekly payments. 
- **Brigit Strategy**: Testing new marketing channels and line of credit product, aiming for high single-digit sequential growth. 
- **Tax Policy Impact**: $150 million tax savings to support deleveraging and share buybacks. 
- **Merchant Pipeline**: Strong pipeline for Acima, focusing on SMBs and direct-to-consumer tools.

Upbound Group, Inc. (UPBD) Q3 2025 Earnings Call Transcript

- **Acima Dominance**: 16% GMV growth, 15% EBITDA expansion, and 9.3% lease charge-off rate highlight strong execution in core LTO business. 
- **Brigit Breakout**: 40% revenue growth, 28% EBITDA margin, and $500 credit product pilot position Brigit as fastest-growing segment. 
- **Rent-A-Center Restructuring**: -4% same-store sales but stable 4.7% charge-off rate. Free cash flow engine expected to return to growth in 2026. 
- **Digital Transformation**: Virtual lease card, AI sales coaching, and cross-selling initiatives drive omnichannel expansion. 
- **Leverage Progress**: Free cash flow +3x YoY to $117M. Targeting 2x leverage by end of 2026. 


**【CEO Summary Section】**
- **Overall Performance**: Q2 revenue of $1.16 billion (+0.5% YoY), adjusted EBITDA of $133 million (+7% YoY), and non-GAAP EPS of $1.12 (+7.7% YoY). Free cash flow year-to-date improved to $117 million (3x YoY). 
- **Acima Segment**: GMV +16% YoY, revenue +12% YoY, EBITDA +15% YoY. GMV from Acima's marketplace up 130% YoY. Lease charge-off rate improved 30bps to 9.3%. Direct-to-consumer channel now 5% of GMV. 
- **Brigit Segment**: Subscribers +24% YoY, revenue +40% YoY. Cash advance volume $350M (+21% YoY). Testing $500 line of credit product. EBITDA margin 28% (vs. 20% expected). 
- **Rent-A-Center**: Same-store sales -4% YoY due to underwriting tightening. Adjusted EBITDA $68M (-17% YoY). Lease charge-off rate 4.7% (+50bps YoY). Free cash flow generator with mid-teens margins. 
- **Strategic Initiatives**: Acima's virtual lease card pilot, Brigit's cross-selling with Acima/Rent-A-Center, and AI-driven sales coaching at Rent-A-Center. 

**【Q&A Highlights】**
- **Rent-A-Center Recovery**: CEO expects comps to ease in 2H25, targeting low single-digit growth by 2026. 2024 store closures will lap in 2H25. 
- **Brigit Growth**: $500 line of credit pilot shows promise. Marketing expansion in 2H25 to target holiday season. 
- **Acima Resilience**: 7Q streak of GMV growth (37% 2Y CAGR). Diversified GMV mix (31% from top 10 retailers). Jewelry and DTC categories driving growth. 
- **Leverage Target**: Net leverage 3x as of Q2, targeting 2x by end of 2026. Free cash flow improving to support deleveraging. 
- **Legal Updates**: $31.7M accrual for multistate AG matter. $14M McBurney settlement finalized post-Q2. 


Upbound (UPBD)-31 Jul 25-2025 Q2 Earnings call transcript

- **Acima outperforms**: 9% GMV growth, 170bps margin expansion, and 70bps charge-off improvement.
- **Brigit momentum**: 26% user growth, 35% revenue growth in first two months post-acquisition.
- **Rent-A-Center stabilization**: 4.6% charge-off rate (down 10bps YoY) despite 2% sales decline.
- **Strong cash flow**: $127M free cash flow (+4x YoY), exceeding guidance ranges.

**【CEO Summary Section】**
- Acima achieved 9% YoY GMV growth in Q1 2025, driven by 10%+ application growth and 170bps EBITDA margin expansion. Acima's lease charge-off rate improved by 70bps YoY to 8.9%.
- Brigit delivered 26% subscriber growth (1.2M+ users) and 35% revenue growth in first two months of ownership, despite seasonal tax refund headwinds.
- Rent-A-Center same-store sales declined 2% YoY due to underwriting tightening and product line rationalization, but lease charge-off rate improved 10bps YoY to 4.6%.
- Upbound generated $127M free cash flow in Q1, up 4x YoY, with consolidated revenue of $1.2B (+7.3% YoY) and non-GAAP EPS of $1.00 (+27% YoY).

Upbound (UPBD)-1 May 25-2025 Q1 Earnings call transcript

- **Revenue Growth**: Q4 2024 revenue up 6% YoY to $1.1 billion, driven by Acima's 15.3% GMV growth. Full-year revenue +8.2% to $4.3 billion.
- **Acima Momentum**: 2024 GMV +34% (two-year stacked), with 17% YoY growth. Q4 loss rate improved to 9% (down 90 bps YoY).
- **Brigit Acquisition**: Adds $215-230M annual revenue, with cross-selling initiatives to begin in Q2.
- **2025 Outlook**: Revenue $4.5-4.75B, EBITDA $500-540M, EPS $3.90-4.40. Free cash flow to rebound to $150-200M.
- **Risk Management**: Prudent underwriting limits macro impact, with Acima leveraging trade-down to offset margin pressure.


**【CEO Summary Section】**
- Upbound Group reported Q4 2024 revenue of $1.1 billion, a 6% YoY increase driven by Acima's GMV growth of 15.3%. Full-year revenue reached $4.3 billion, up 8.2% YoY.
- Acima's 2024 GMV grew 34% on a two-year stacked basis, with 17% YoY growth. Rent-A-Center maintained stable EBITDA amid a challenging macro environment.
- Brigit's acquisition closed in January 2025, adding $215-230 million in annual revenue and $25-30 million in EBITDA. Integration focuses on cross-selling and underwriting collaboration.
- Management emphasized prudent underwriting to manage lease charge-offs, with Acima's loss rate improving to 9% in Q4 (down 90 bps YoY).

**【CFO Financial Commentary】**
- Q4 2024 adjusted EBITDA was $123 million (11.4% margin), up 14% YoY. Full-year adjusted EBITDA reached $473 million, up 3.8% YoY.
- Free cash flow for 2024 was $50 million, expected to rebound to $150-200 million in 2025 as working capital moderates.
- 2025 guidance: Revenue $4.5-4.75 billion, adjusted EBITDA $500-540 million, non-GAAP EPS $3.90-4.40.
- Net leverage ratio stood at 3x post-Brigit acquisition, with a target to deleverage to 2x by 2026.

**【Q&A Highlights】**
- **Consumer Trends**: Core customer pressure persists, but Acima benefits from trade-down (70% of GMV growth). Rent-A-Center faces headwinds from macro uncertainty.
- **Acima Growth**: Marketplace GMV grew 60% YoY in Q4, with plans to expand virtual lease card adoption. 2025 EBITDA margin target: low to mid-teens.
- **Brigit Integration**: Cross-selling initiatives to begin in Q2, with R&D focus on financial health tools. No near-term M&A plans.
- **Furniture Market**: Acima diversifies into jewelry, wheel/tire, and electronics (43% furniture mix in Q4). Rent-A-Center's furniture focus remains profitable but vulnerable to macro trends.
- **Risk Management**: Tightened underwriting at both Acima and Rent-A-Center, with Acima's loss rate improving 60 bps sequentially.


Actual											0.67	0.8	1.04	1.03	1.32	1.63	1.52	1.08	0.74	1.15	0.94	0.86	0.83	1.11	0.79	0.81	0.79	1.04	0.95	1.05	1	1.12	1	1.01
Forecast											0.5825	0.6043	1.0229	1.0171	1.1243	1.3586	1.4863	1.6125	0.7057	1.0057	0.89	0.73	0.6588	0.7488	0.7513	0.7738	0.768	1.0324	0.93	1.0331	0.9466	1.065	1.0027	0.9729
Surprise	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	+15.02%	+32.38%	+1.67%	+1.27%	+17.41%	+19.98%	+2.27%	-33.02%	+4.86%	+14.35%	+5.62%	+17.81%	+25.99%	+48.24%	+5.15%	+4.68%	+2.86%	+0.74%	+2.15%	+1.64%	+5.64%	+5.16%	-0.27%	+3.81%

UPBD

UPBD fundamentals

UPBD Q4 2025 Earnings

Earnings Call

You can ask Aime

UPBD

UPBD fundamentals

UPBD Q4 2025 Earnings

Earnings Call

UPBD Earnings Call Summary for Q4/20259:00 AM on Feb 19, 2026

UPBD Earnings Call Summary for Q3/20259:00 AM on Oct 30, 2025

UPBD Earnings Call Summary for Q2/20259:00 AM on Jul 31, 2025

UPBD Earnings Call Summary for Q1/20259:00 AM on May 1, 2025

UPBD Earnings Call Summary for Q4/20249:00 AM on Feb 20, 2025

You can ask Aime