Slide 1: Fourth Quarter & Full Year 2025 Earnings Review
™ Fourth Quarter & Full Year 2025 Earnings Review February 19, 2026
Slide 2: Disclosures
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 Growing, Digital-First Platform
Upbound: A Growing, 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 through its operating segments: Aci
Slide 5: 2025 Consolidated Financial Highlights
2025 Consolidated Financial Highlights $4.7 billion $73.2 million $1.25 Consolidated Revenue Net Income GAAP Diluted EPS +8.7% y/y -$50.3 million y/y -$0.96 y/y $305.6 million $508.8 million $4.13 Net Cash Provided by Adjusted EBITDA1 Non-GAAP Diluted EPS1 Operating Activities +7.5% y/y +$0.30 y/y +
Slide 6: Annual Consolidated Financial Trends
Annual Consolidated Financial Trends Revenue ($M) Net Income ($M) Non-GAAP Diluted EPS1 Adjusted EBITDA1 ($M) 6 1 Non-GAAP financial measure. Refer to definitions and reconciliations elsewhere in this presentation.
Slide 7: Quarterly Consolidated Financial Highlights
Quarterly Consolidated Financial Highlights Revenue ($M) Net Income ($M) Non-GAAP Diluted EPS1 Adjusted EBITDA1 ($M) 7 1 Non-GAAP financial measure. Refer to definitions and reconciliations elsewhere in this presentation.
Slide 8: Upbound Segments at a Glance
Upbound Segments at a Glance Three Interlocking Engines: Virtual LTO, Subscription FinTech, Cash-Generative Rent-to-Own • Virtual lease-to-own platform • Digital model expands access to more consumers through 35k+ retailer locations and expanding direct-to-consumer marketplace • Nine consecutive qua
Slide 9: Acima Quarterly Highlights
Acima Quarterly Highlights Revenue ($M) GMV1 ($M) Rental Revenue by Product Category Lease Charge-Off2 Rate Adjusted EBITDA3 ($M) 1 The Company defines Gross Merchandise Volume (GMV) as the retail value in U.S. dollars of merchandise acquired by the Acima segment that is leased to customers through
Slide 10: Brigit Quarterly Highlights
Brigit Quarterly Highlights Revenue1 ($M) Paying Users2 (000s) Revenue by Source Net Advance Loss Rate1,3 ARPU1,4 1 Q1 figures begin on January 31, 2025. Upbound acquired Brigit on January 31, 2025. 2 Brigit Paying Users: Represents Brigit customers who have an active Plus or Premium account, not de
Slide 11: Rent-A-Center Quarterly Highlights
Rent-A-Center Quarterly Highlights Revenue ($M) Portfolio Value1 Per Store Average ($000s) Rental Revenue by Product Category Lease Charge-Off3 Rate Adjusted EBITDA2 ($M) 1 Lease Portfolio Value: Represents the aggregate dollar value of the expected monthly rental income associated with current acti
Slide 12: Year-End Financial Position & Capital Allocation
Year-End Financial Position & Capital Allocation Net Cash Provided by Operating Activities ($M) Net Leverage Ratio1 Net Debt2 ($B) Annual Dividend Paid Per Share 1 Net leverage ratio is defined as outstanding debt less cash and cash equivalents divided by trailing twelve months Adjusted EBITDA, whic
Slide 13: Full Year 2026 Guidance
Full Year 2026 Guidance Consolidated Guidance1 Full Year 2026 First Quarter 2026 Revenues ($B) $4.70 - $4.95 $1.16 - $1.26 Adj. EBITDA Excluding SBC ($M)2 $500 - $535 $120 - $130 Non-GAAP Diluted Earnings Per Share2 $4.00 - $4.35 $1.05 - $1.15 1. Consolidated includes Acima, Brigit, Rent-A-Center, M
Slide 14: Appendix
upb ound Appendix
Slide 15: Reconciliation of Net Earnings to Non-GAAP Diluted EPS (Q4 2025)
Reconciliation of Net Earnings to Net Earnings Excluding Special Items and Non-GAAP Diluted Earnings Per Share Three Months Ended December 31, 2025 Diluted Earnings Before Earnings per (in thousands) Gross Profit Operating Profit Income Tax Tax Expense Net Earnings Share GAAP Results $ 586,679 $ 57,
Slide 16: Reconciliation of Net Earnings to Non-GAAP Diluted EPS (Q4 2024)
Reconciliation of Net Earnings to Net Earnings Excluding Special Items and Non-GAAP Diluted Earnings Per Share Three Months Ended December 31, 2024 Earnings Before Diluted Earnings (in thousands) Gross Profit Operating Profit Income Tax Tax Expense Net Earnings per Share GAAP Results $ 508,238 $ 79,
Slide 17: Reconciliation of Net Earnings to Non-GAAP Diluted EPS (Year 2025)
Reconciliation of Net Earnings to Net Earnings Excluding Special Items and Non-GAAP Diluted Earnings Per Share Year Ended December 31, 2025 Diluted Earnings Before Earnings per (in thousands) Gross Profit Operating Profit Income Tax Tax Expense Net Earnings Share GAAP Results $ 2,271,709 $ 223,347 $
Slide 18: Reconciliation of Net Earnings to Non-GAAP Diluted EPS (Year 2024)
Reconciliation of Net Earnings to Net Earnings Excluding Special Items and Non-GAAP Diluted Earnings Per Share Year Ended December 31, 2024 Earnings Before Diluted Earnings (in thousands) Gross Profit Operating Profit Income Tax Tax Expense Net Earnings per Share GAAP Results $ 2,080,351 $ 291,631 $
Slide 19: Reconciliation to Adjusted EBITDA (Q4 2025)
Reconciliation of Net Earnings (Loss) to Adjusted EBITDA (Consolidated and by Segment) Three Months Ended December 31, 2025 (in thousands) Acima Rent-A-Center Brigit Mexico Corporate Consolidated Net earnings (loss) $ 75,573 $ 63,685 $ 6,786 $ 977 $ (127,278) $ 19,743 Plus: Interest expense, net — —
Slide 20: Reconciliation to Adjusted EBITDA (Q3 2025)
Reconciliation of Net Earnings (Loss) to Adjusted EBITDA (Consolidated and by Segment) Three Months Ended September 30, 2025 (in thousands) Acima Rent-A-Center Brigit Mexico Corporate Consolidated Net earnings (loss) $ 63,687 $ 56,420 $ 4,569 $ 1,314 $ (112,769) $ 13,221 Plus: Interest expense, net
Slide 21: Reconciliation to Adjusted EBITDA (Q2 2025)
Reconciliation of Net Earnings (Loss) to Adjusted EBITDA (Consolidated and by Segment) Three Months Ended June 30, 2025 (in thousands) Acima Rent-A-Center Brigit Mexico Corporate Consolidated Net earnings (loss) $ 82,003 $ 63,001 $ 10,472 $ 1,936 $ (141,927) $ 15,485 Plus: Interest expense, net — —
Slide 22: Reconciliation to Adjusted EBITDA (Q1 2025)
Reconciliation of Net Earnings (Loss) to Adjusted EBITDA (Consolidated and by Segment) Three Months Ended March 31, 2025 (in thousands) Acima Rent-A-Center Brigit Mexico Corporate Consolidated Net earnings (loss) $ 73,708 $ 66,415 $ 8,829 $ 1,223 $ (125,382) $ 24,793 Plus: Interest expense, net — —
Slide 23: Reconciliation to Adjusted EBITDA (Q4 2024)
Reconciliation of Net Earnings (Loss) to Adjusted EBITDA (Consolidated and by Segment) Three Months Ended December 31, 2024 (in thousands) Acima Rent-A-Center Mexico Corporate Consolidated Net earnings (loss) $ 69,653 $ 74,193 $ 667 $ (113,531) $ 30,982 Plus: Interest expense, net — — — 24,776 24,77
Slide 24: Reconciliation to Adjusted EBITDA (Year 2025)
Reconciliation of Net Earnings (Loss) to Adjusted EBITDA (Consolidated and by Segment) Year Ended December 31, 2025 (in thousands) Acima Rent-A-Center Brigit Mexico Corporate Consolidated Net earnings (loss) $ 294,971 $ 249,521 $ 30,656 $ 5,450 $ (507,356) $ 73,242 Plus: Interest expense, net — — —
Slide 25: Reconciliation to Adjusted EBITDA (Year 2024)
Reconciliation of Net Earnings (Loss) to Adjusted EBITDA (Consolidated and by Segment) Year Ended December 31, 2024 (in thousands) Acima Rent-A-Center Mexico Corporate Consolidated Net earnings (loss) $ 255,549 $ 297,160 $ 4,806 $ (434,037) $ 123,478 Plus: Interest expense, net — — — 107,486 107,486
Slide 26: Supplemental Segment Performance Details – GAAP (Quarter)
Supplemental Segment Performance Details – GAAP Three Months Ended December 31, 2025 Three Months Ended December 31, 2024 (in millions) Acima Rent-A-Center Brigit Mexico Corporate Consolidated (in millions) Acima Rent-A-Center Mexico Corporate Consolidated Revenue Revenue Rentals and fees $ 500.2 $
Slide 27: Supplemental Segment Performance Details – GAAP (Year)
Supplemental Segment Performance Details – GAAP Year Ended December 31, 2025 Year Ended December 31, 2024 (in millions) Acima Rent-A-Center Brigit Mexico Corporate Consolidated (in millions) Acima Rent-A-Center Mexico Corporate Consolidated Revenue Revenue Rentals and fees $ 1,952.6 $ 1,599.5 $ — $
Slide 28: Supplemental Segment Details Including Non-GAAP Adjustments (Quarter)
Supplemental Segment Performance Details – Including Non-GAAP Adjustments Three Months Ended December 31, 2025 Three Months Ended December 31, 2024 (in millions) Acima Rent-A-Center Brigit Mexico Corporate Consolidated (in millions) Acima Rent-A-Center Mexico Corporate Consolidated Revenue Revenue R
Slide 29: Supplemental Segment Details Including Non-GAAP Adjustments (Year)
Supplemental Segment Performance Details – Including Non-GAAP Adjustments Year Ended December 31, 2025 Year Ended December 31, 2024 (in millions) Acima Rent-A-Center Brigit Mexico Corporate Consolidated (in millions) Acima Rent-A-Center Mexico Corporate Consolidated Revenue Revenue Rentals and fees
Slide 30: Consolidated Net Leverage Ratio
Consolidated Net Leverage Ratio Year Ended December 31, (in millions, except net leverage ratio) 2025 2024 2023 2022 2021 Outstanding Debt $ 1,586.8 $ 1,327.3 $ 1,331.1 $ 1,399.7 $ 1,615.0 Less: Cash and cash equivalents 120.5 60.9 83.8 134.2 108.3 Net debt 1,466.3 1,266.4 1,247.3 1,265.5 1,506.7 Ad
Slide 31: Reconciliation of Net (Loss) Earnings to Non-GAAP EPS and Adjusted EBITDA (2021-2023)
Reconciliation of Net (Loss) Earnings to Net Earnings Excluding Special Items, Non-GAAP Diluted Earnings Per Share and Adjusted EBITDA Year Ended Year Ended Year Ended December 31, December 31, December 31, (in thousands) 2023 2022 2021 Net (loss) earnings $ (5,179) $ 12,357 $ 134,940 Plus: Debt ref