# Upbound Group, Inc. (UPBD)

> Source: Nexqual · https://nexqual.com/UPBD · data as of 2026-10-28 20:00 UTC · cite as "Nexqual, Upbound Group, Inc. (UPBD), nexqual.com/UPBD" · informational, not investment advice.

**Price:** USD 16.91 (-0.24% on the day) · last close of Oct 28, 2026; US market pre market, not a live price. Prev close 16.95 · day 16.5–17.03 · 52w 14.98–23.98 · market cap $986M · NMS

## Key facts
- Last four reported quarters (through Jun 30, 2026): revenue $4.74B, net income $90.3M (1.9% margin), free cash flow $356M (SEC filings).
- Valuation: P/E 10.9x (avg 13.6x at the last 2 fiscal year-ends).
- Analysts: Buy (mean 2.00 on a 1–5 scale) (6 analysts), mean target USD 27.5 (range 20–41).
- Total return with dividends: 1Y -19.9% vs S&P 500 +13.6%; 5Y -57.0% vs S&P 500 +79.8%.
- Next earnings: 2026-10-29, EPS estimate USD 0.91, revenue estimate $1.12B.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $4.58B | $4.25B | $3.99B | $4.32B | $4.70B | $4.74B |
| Gross profit | $2.24B | $2.08B | $2.02B | $2.08B | $2.27B | — |
| Operating income | $281M | $149M | $163M | $292M | $223M | $242M |
| Net income | $135M | $12.4M | -$5.2M | $123M | $73.2M | $90.3M |
| EPS (diluted) | $2.02 | $0.21 | -$0.09 | $2.21 | $1.25 | — |
| Free cash flow | $330M | $407M | $147M | $48.4M | $239M | $356M |
| Gross margin | 48.8% | 49.0% | 50.7% | 48.1% | 48.4% | — |
| Operating margin | 6.1% | 3.5% | 4.1% | 6.7% | 4.8% | 5.1% |
| Net margin | 2.9% | 0.3% | -0.1% | 2.9% | 1.6% | 1.9% |
| Revenue growth | +62.9% | -7.4% | -6.0% | +8.2% | +8.7% | — |
| Cash + short-term investments | $108M | $144M | $93.7M | $60.9M | $121M | — |
Fiscal years end Dec. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Jun 30, 2026)
P/E 10.9x · P/S 0.2x · P/FCF 2.8x · P/B 1.3x · FCF yield 36.11% · Earnings yield 9.16% · Dividend yield (paid, TTM) 9.17%
P/E at fiscal year-ends: Dec 2025 14.1x, Dec 2024 13.2x.

## Analysts
Consensus Buy (mean 2.00 on a 1–5 scale), 6 analysts; mean target USD 27.5 (low 20, high 41).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-06 | TD Cowen | Target lowered | Buy | $28 → $27 |
| 2026-07-31 | TD Cowen | Target lowered | Buy | $29 → $28 |
| 2026-07-31 | BTIG | Downgrade | Buy → Neutral |  |
| 2026-07-07 | TD Cowen | Target raised | Buy | $28 → $29 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-29) | 5Y (from 2021-10-25) |
|---|---|---|
| Total return | -19.9% | -57.0% |
| S&P 500 (SPY) | +13.6% | +79.8% |
| Per year | -20.0% | -15.5% |
| Volatility (annualized) | 44.8% | 48.7% |
| Max drawdown | -31.4% (Jul 2026→Sep 2026) | -65.9% (Oct 2021→Sep 2022) |

## Peers (Software - Application)
RNG (Ringcentral, Inc.) USD 86.2 +0.70% · APPF (AppFolio, Inc.) USD 205 +1.76% · TTAN (ServiceTitan, Inc.) USD 80.86 -0.93% · DSGX (The Descartes Systems Group Inc) USD 92.36 +0.20% · IDCC (InterDigital, Inc.) USD 320.56 -2.51% · YMM (Full Truck Alliance Co. Ltd.) USD 8.08 -4.04%

## More
Full page: https://nexqual.com/UPBD · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Supply chain and relationships (SEC annual reports)

Named in UPBD's own 10-K filed 2026-02-23 (https://www.sec.gov/Archives/edgar/data/933036/000093303626000008/upbd-20251231.htm):

| Relationship | Company | Sentence in the filing |
|---|---|---|
| Customer | Bridge IT | "•Our Brigit segment's EWA advances expose Brigit to the repayment risk of Brigit's customers and if Brigit's decisioning criteria for EWA advance eligibility is not sufficient to mitigate against this risk, or if the dat…" |
| Customer | Acceptance Now | "If a customer does not return the merchandise or make payment, the remaining book value of the rental merchandise associated with delinquent accounts is generally charged off on or before the 90th day following the time …" |

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-09-30) | $0.91 | $1.00 | -9.5% | $1.12B | 6 |
| Next quarter (ends 2026-12-31) | $1.10 | $1.07 | +3.5% | $1.23B | 6 |
| Current fiscal year (ends 2026-12-31) | $4.16 | $4.20 | -0.9% | $4.73B | 6 |
| Next fiscal year (ends 2027-12-31) | $4.62 | $4.76 | -2.9% | $4.93B | 6 |

## Earnings history and stock reaction
| Results filed | Quarter | EPS | Consensus | Surprise | Stock reaction |
|---|---|---|---|---|---|
| — | Quarter ended Jun 30, 2026 | $1.07 | $1.05 | Beat +1.9% | — |
| — | Quarter ended Mar 31, 2026 | $1.08 | $1.07 | Beat +0.9% | — |
| — | Quarter ended Dec 31, 2025 | $1.01 | $0.97 | Beat +4.1% | — |
| — | Quarter ended Sep 30, 2025 | $1.00 | $0.98 | Beat +2.0% | — |
EPS as reported against the analyst consensus before the release; surprise uses the cent-rounded figures shown (in dollars when EPS and consensus have opposite signs). Stock reaction = close before the results to close after (the first close following a release after the bell or before the open).

## Recent SEC filings (last 120 days)
| Filed | Form | What it says | Filing |
|---|---|---|---|
| 2026-10-29 | 8-K | Quarterly results; Regulation FD disclosure | https://www.sec.gov/Archives/edgar/data/933036/000119312526437037/0001193125-26-437037-index.htm |
| 2026-10-08 | Schedule 13G | Dimensional Fund Advisors LP: 5.4% of shares, passive 5%+ holder | https://www.sec.gov/Archives/edgar/data/933036/000035420426001087/0000354204-26-001087-index.htm |
| 2026-09-22 | 8-K | Director or executive officer change, or pay arrangement; Regulation FD disclosure — “Appointment of New EVP - Chief Operating Officer On September 22, 2026, Upbound Group, Inc. (the "Company") announced that Mr. Scott Young will join the Company as its Executive Vice President - Chief Operating Officer effective September 22, 2026. Mr. Young will report directly to Mr. Fahmi Karam, Chief Executive Officer. Mr. Young, age 60, has more than 30 years of experience leading and scaling consumer financial services, fintech, payments, lending, and digital banking businesses. Most recently, he served as…” | https://www.sec.gov/Archives/edgar/data/933036/000110465926109492/0001104659-26-109492-index.htm |
| 2026-08-06 | Schedule 13G/A | FMR LLC, Abigail P. Johnson: 5.7% of shares, passive 5%+ holder (amended) | https://www.sec.gov/Archives/edgar/data/933036/000031506626002172/0000315066-26-002172-index.htm |
| 2026-07-31 | 10-Q | Quarterly report · period ended Jun 30, 2026 | https://www.sec.gov/Archives/edgar/data/933036/000119312526326420/0001193125-26-326420-index.htm |
| 2026-07-30 | 8-K | Quarterly results; Regulation FD disclosure | https://www.sec.gov/Archives/edgar/data/933036/000119312526324902/0001193125-26-324902-index.htm |
| 2026-07-22 | Schedule 13G/A | Allred Aaron R: 3.1% of shares, passive 5%+ holder (amended) | https://www.sec.gov/Archives/edgar/data/933036/000092963826002674/0000929638-26-002674-index.htm |
| 2026-07-22 | 8-K | Other material event — “Upbound Group, Inc. (the "Company") recently experienced cybersecurity incidents in which certain non-sensitive customer information and other documents were obtained without authorization. In connection with certain such incidents, the Company believes the information was subsequently used to facilitate fraudulent lease-to-own agreements, contributing to elevated fraudulent contract losses of approximately $13 million in the Company's Acima segment during the second quarter of 2026. Upon identifying the data…” | https://www.sec.gov/Archives/edgar/data/933036/000119312526310605/0001193125-26-310605-index.htm |
Source: SEC EDGAR. Quotes are the opening words of each item as filed.