Upbound Group, Inc. · NASDAQ:UPBD
Upbound — Q3 2026 Earnings Presentation
24 slides from Upbound's earnings presentation, Oct 29, 2026
Slide 1: Third Quarter Earnings Review
Third Quarter Earnings Review ™ October 29, 2026
Slide 2: Disclosures: Forward-Looking Statements
Disclosures Forward-Looking Statements This communication contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, including, among others, statements regarding our goals, plans and projections with respect to our operations, financial posi
Slide 3: Our Mission: Elevating Financial Opportunity for All
Our Mission Elevating Financial Opportunity for All Empowering underserved consumers with seamless, holistic financial tools to improve their financial lives.
Slide 4: Upbound: A Digital-First Platform
Upbound: A Digital-First Platform Upbound is a technology and data-driven leader in innovative financial solutions for millions of underserved customers that provides industry-leading lease-to- own platforms and a subscription-based financial wellness app. Complementary financial solutions Delivered
Slide 5: Upbound Segments at a Glance
Upbound Segments at a Glance Three Interlocking Engines: Subscription FinTech, Virtual Lease-to-Own, Cash-Generative Rent-to-Own • Acquired by Upbound in Q1 2025 • Industry-leading financial wellness tools that utilize AI-powered cash flow data insights • Subscription offering provides access to inn
Slide 6: Q3 Consolidated Financial Highlights
Q3 Consolidated Financial Highlights $1.15 billion $34.3 million $0.58 Consolidated Revenue Net Income GAAP Diluted EPS -1.6% y/y +$21.1 million y/y +$0.36 y/y $163.1 million $123.4 million $1.01 Net Cash Provided by Operating Activities Adjusted EBITDA1 Non-GAAP Diluted EPS1 -0.1% y/y +$0.01 y/y +$
Slide 7: Quarterly Consolidated Financial Trends
$1,165 Q3'25 $1,196 Q4'25 $1,220 Q1'26 $1,163 Q2'26 $1,146 Q3'26 $13 Q3'25 $20 Q4'25 $36 Q1'26 $22 Q2'26 $34 Q3'26 $1.00 Q3'25 $1.01 Q4'25 $1.08 Q1'26 $1.07 Q2'26 $1.01 Q3'26 $124 Q3'25 $126 Q4'25 $136 Q1'26 $127 Q2'26 $123 Q3'26 Quarterly Consolidated Financial Trends Revenue ($M) Net Income ($M) Y
Slide 8: Brigit Quarterly Highlights: Revenue by Source
Revenue by Source $58 Q3'25 $65 Q4'25 $68 Q1'26 $71 Q2'26 $79 Q3'26 1,444 Q3'25 1,551 Q4'25 1,558 Q1'26 1,719 Q2'26 1,839 Q3'26 3.3% Q3'25 3.5% Q4'25 3.5% Q1'26 3.6% Q2'26 4.4% Q3'26 $13.74 Q3'25 $14.15 Q4'25 $14.41 Q1'26 $14.30 Q2'26 $14.39 Q3'26 67% 19% 12% 2% Subscription Expedited Transfers Mark
Slide 9: Acima Quarterly Highlights: Rental Revenue by Product Category
Rental Revenue by Product Category $625 Q3'25 $631 Q4'25 $649 Q1'26 $604 Q2'26 $585 Q3'26 $484 Q3'25 $550 Q4'25 $427 Q1'26 $466 Q2'26 $431 Q3'26 9.7% Q3'25 10.1% Q4'25 8.8% Q1'26 8.8% Q2'26 8.7% Q3'26 $75 Q3'25 $87 Q4'25 $89 Q1'26 $98 Q2'26 $86 Q3'26 38% 23% 19% 11% 9% Furniture Wheel & Tire Jewelry
Slide 10: Rent-A-Center Quarterly Highlights
$461 Q3'25 $480 Q4'25 $482 Q1'26 $466 Q2'26 $459 Q3'26 $77 Q3'25 $82 Q4'25 $79 Q1'26 $81 Q2'26 $80 Q3'26 4.7% Q3'25 4.9% Q4'25 4.7% Q1'26 5.0% Q2'26 5.4% Q3'26 $75 Q3'25 $69 Q4'25 $67 Q1'26 $63 Q2'26 $66 Q3'26 39% 26% 19% 14% 2% Furniture Appliances Electronics Personal Electronics Other Rent-A-Cent
Slide 11: Q3 Capital Allocation & Quarter-End Financial Position
Strong cash flow generation and liquidity position supports planned execution of the previously authorized share repurchase program Q3 Capital Allocation & Quarter-End Financial Position $163.1 million $576.3 million $1.2 billion Net Cash Provided by Operating Activities Liquidity1 Net Debt2 $16.1 m
Slide 12: Full Year and Q4 2026 Guidance
Full Year and Q4 2026 Guidance The Company narrows FY 2026 guidance on all metrics, while increasing the midpoint of it's Non-GAAP diluted EPS Consolidated Guidance1 Full Year 2026 Fourth Quarter 2026 Revenues ($B) $4.68 - $4.78 $510 - $525 $4.15 - $4.30 $1.15 - $1.25 $125 - $135 $1.00 - $1.10 Adj.
Slide 13: Appendix
upb ound Appendix
Slide 14: Reconciliation of Operating Profit to Non-GAAP Operating Profit (Sept 30, 2026)
Reconciliation of Operating Profit to Non-GAAP Operating Profit, Net Earnings to Net Earnings Excluding Special Items and Non-GAAP Diluted Earnings Per Share For the Three Months Ended September 30, 2026 Earnings Diluted Earnings per Share Gross Profit Operating Profit Before Tax Net Earnings (in th
Slide 15: Reconciliation of Operating Profit to Non-GAAP Operating Profit (Sept 30, 2025)
Reconciliation of Operating Profit to Non-GAAP Operating Profit, Net Earnings to Net Earnings Excluding Special Items and Non-GAAP Diluted Earnings Per Share Three Months Ended September 30, 2025 Earnings Diluted Earnings per Share Gross Profit Operating Profit Before Tax Net Earnings (in thousands)
Slide 16: Reconciliation of Net Earnings to Adjusted EBITDA (Sept 30, 2026)
Reconciliation of Net Earnings (Loss) to Adjusted EBITDA (Consolidated and by Segment) For the Three Months Ended September 30, 2026 Rent-A- (in thousands) Acima Center Brigit Mexico Corporate Consolidated Net earnings (loss) $ 74,693 $ 55,613 $ 8,857 — — 8,857 29 $ 1,390 — $ (106,282) $ 34,271 Plus
Slide 17: Reconciliation of Net Earnings to Adjusted EBITDA (June 30, 2026)
Reconciliation of Net Earnings (Loss) to Adjusted EBITDA (Consolidated and by Segment) For the Three Months Ended June 30, 2026 Rent-A- (in thousands) Acima Center Brigit Mexico Corporate Consolidated Net earnings (loss) Plus: Interest expense, net Plus: Income tax expense $ 73,443 $ 54,658 $ 7,512
Slide 18: Reconciliation of Net Earnings to Adjusted EBITDA (March 31, 2026)
Reconciliation of Net Earnings (Loss) to Adjusted EBITDA (Consolidated and by Segment) Three Months Ended March 31, 2026 Rent-A- (in thousands) Acima Center Brigit Mexico Corporate Consolidated Net earnings (loss) $ 77,266 — $ 62,276 — $ 18,563 — — 18,563 26 $ (92) — — (92) 633 — $ (122,224) $ 35,78
Slide 19: Reconciliation of Net Earnings to Adjusted EBITDA (December 31, 2025)
Reconciliation of Net Earnings (Loss) to Adjusted EBITDA (Consolidated and by Segment) Three Months Ended December 31, 2025 Rent-A- (in thousands) Acima Center Brigit Mexico Corporate Consolidated Net earnings (loss) $ 75,573 $ 63,685 $ 6,786 — — 6,786 26 $ 977 — — 977 581 — $ (127,278) $ 19,743 Plu
Slide 20: Reconciliation of Net Earnings to Adjusted EBITDA (Sept 30, 2025)
Reconciliation of Net Earnings (Loss) to Adjusted EBITDA (Consolidated and by Segment) Three Months Ended September 30, 2025 Rent-A- (in thousands) Acima Center Brigit Mexico Corporate Consolidated Net earnings (loss) $ 63,687 $ 56,420 $ 4,569 — — — 4,569 20 $ 1,314 $ (112,769) 27,989 6,649 4,894 (7
Slide 21: Supplemental Segment Performance Details – GAAP
Supplemental Segment Performance Details – GAAP For the Three Months Ended September 30, 2026 Rent-A- Three Months Ended September 30, 2025 Rent-A- Center (in millions) Revenue Rentals and fees Merchandise sales Subscriptions and fees Other Acima 461.4 123.2 — Center Brigit Mexico Corporate Consolid
Slide 22: Supplemental Segment Performance Details – Including Non-GAAP Adjustments
Supplemental Segment Performance Details – Including Non-GAAP Adjustments For the Three Months Ended September 30, 2026 Three Months Ended September 30, 2025 Rent-A- Center Rent-A- Center (in millions) Revenue Rentals and fees Merchandise sales Subscriptions and fees Other Acima 461.4 123.2 — Brigit
Slide 23: Consolidated Net Leverage Ratio Q3 2026
Consolidated Net Leverage Ratio Q3 2026 (in millions, except net leverage ratio) Outstanding debt Less: Cash and cash equivalents Net debt Adjusted EBITDA(1) Q4 2025 Q1 2026 Q2 2026 Q3 2026 $ $ 1,361.3 125.1 1,236.2 125.9 136.1 127.0 123.4 512.4 Last twelve months Adjusted EBITDA Net leverage ratio
Slide 24: Reconciliation of Net Earnings to Non-GAAP Diluted Earnings Per Share
Reconciliation of Net Earnings to Net Earnings Excluding Special Items, Non-GAAP Diluted Earnings Per Share Three Months Ended March 31, 2026 35,789 December 31, 2025 19,743 June 30, 2026 (in thousands) Net earnings Plus: Special Items(1) Less: Adjusted tax expense Net Earnings excluding Special Ite