PRA Group, Inc., a financial and business services enterprise, specializes in the acquisition, management, and recovery of defaulted loan portfolios. Its operations ...
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Est. EPS $0.80 · Revenue $307.40M · 1 analysts
Est. EPS $0.90 · Revenue $309.69M · 1 analysts
Est. EPS $3.35 · Revenue $1.30B · 1 analysts
Est. EPS $0.81 · Revenue $307.46M · 1 analysts
| Metric | Latest | YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength. | QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes. |
|---|---|---|---|
| RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three). | $1.2B | +10.4% | +18.6% |
| Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day. | $-305.1M | -532.2% | +105.3% |
| Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials. | +99.2% | +62.5% | +57.1% |
| Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on). | +33.9% | +12.2% | +15.5% |
| Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales. | -24.6% | -491.6% | +73.2% |
| Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock. | $-90.4M | +8.4% | -264.4% |
| FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine. | -7.3% | +17.0% | -238.7% |
| Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe. | 3.3% | -98.9% | -6.9% |
| Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking. | 1.68x | -87.0% | -2.4% |
| Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground. | $5.1B | +3.5% | +0.6% |
| Metric | Annual (A vs E) | Annual Surprise | Quarter (A vs E) | Quarter Surprise |
|---|---|---|---|---|
| EPS Surprise | -7.79 vs -8.72 | +10.7% | 1.51 vs 0.53 | +187.6% |
| Revenue Surprise | $1.2B vs $1.2B | +7.2% | $372.5M vs $300.0M | +24.2% |
| Date | Executive | Title | Security | Side | Shares | Price |
|---|---|---|---|---|---|---|
| Aug 15, 2026 | Tarrant LaTisha Owens | officer: General Counsel & CHRO | Common Stock | D | 3,342 | $20.60 |
| Aug 15, 2026 | James Richard Owen | officer: President - PRA Group Europe | Common Stock | D | 1,844 | $20.60 |
| Jun 17, 2026 | James Richard Owen | officer: President - PRA Group Europe | Common Stock | D | 1,086 | $15.65 |
| Jun 17, 2026 | Sjolund Martin | director, officer: President and CEO | Common Stock | D | 9,772 | $15.65 |
| Jun 16, 2026 | WEAVER LANCE L | director | Common Stock | A | 10,543 | — |
Operator: Good evening, and welcome to PRA Group's Second Quarter 2026 Conference Call. [Operator Instructions] Please note this event is being recorded. I would now like to turn the call over to Mr. Najim Mostamand, Vice President, Investor Relations for PRA Group. Please go ahead. Najim Mostamand: Thank you, operator. Good evening, everyone, and thank you for joining us. With me today are Martin Sjolund, President and Chief Executive Officer; and Rakesh Sehgal, Executive Vice President and Chief Financial Officer. We will make forward-looking statements during the call, which are based on management's current beliefs, projections, assumptions and expectations. We assume no obligation to revise or update these statements. We caution listeners that these forward-looking statements are subject to risks, uncertainties, assumptions and other factors that could cause our actual results to differ materially from our expectations. Please refer to our earnings press release issued today and our SEC filings for a detailed discussion of these factors. The earnings release, the slide presentation that we will use during today's call and our SEC filings can all be found in the Investor Relations section of our website at www.pragroup.com. Additionally, a replay of this call will be available shortly after its conclusion, and the replay dial-in information is included in the earnings press release. All comparisons mentioned today will be between Q2 2026 and Q2 2025, unless otherwise noted. During our call, we will discuss certain financial measures on an adjusted basis. Please refer to the appendix of the slide presentation used during this call for a reconciliation of the most directly comparable U.S. GAAP financial measures to non-GAAP financial measures. And with that, I'd now like to turn the call over to Martin. Martin Sjolund: Thank you, Najim, and thank you, everyone, for joining us this evening. I wanted to start by providing a quick overview of our financial results for the quarter. As you can see from this slide, we continue to execute against our PRA 3.0 strategy introduced earlier this year to drive higher returns and long-term shareholder value. Let me start with cash. Cash collections grew 4% year-over-year to $559 million. We continue to generate healthy cash growth across the business, particularly in our U.S. legal and digital channels as well as in Europe. Cash efficiency remained strong at 61% despite the continued investment in future growth initiatives. This demonstrates disciplined cost management. Turning to portfolio purchases. We invested $297 million during the quarter, which was in line with our expectations. As we have discussed previously, we remain focused on net returns, and we continue to deploy capital in a disciplined manner toward opportunities that meet our return requirements. Adjusted EBITDA for the last 12 months increased to $1.4 billion, up 10% year-over-year. The increase helped drive net leverage down to 2.67x at …
| Name | Title | Compensation | Gender | Year Born | Status |
|---|---|---|---|---|---|
Martin Sjolund | Chief Executive Officer, President & Director | USD 1,625,702 | Male | 1973 | Active |
LaTisha Owens Tarrant | Executive Vice President, General Counsel, Chief Human Resources Officer & Corporate Secretary | USD 934,000 | Female | 1973 | Active |
Rakesh Sehgal | Executive Vice President & Chief Financial Officer | USD 924,000 | Male | 1973 | Active |
Owen R. James | President of PRA Group Europe | USD 889,518 | Male | 1967 | Active |
Steven D. Fredrickson | Co-Founder & Executive Chairman | USD 48,750 | Male | 1960 | Active |
Najim Mostamand | Vice President of Investor Relations | — | Male | — | Active |
Steven A. Macke | Global Operations Officer | — | Male | — | Active |
Jan Husby | Chief Information Officer | — | Male | 1964 | Active |
Adrian Murphy | Global Chief Data & Analytics Officer | — | Male | — | Active |
Keith Warren | Chief Risk & Compliance Officer | — | Male | — | Active |
NORFOLK, Va., July 23, 2026 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loan portfolios, will report its second quarter 2026 results after market close on Thursday, August 6, 2026, followed by a webcast and conference call at 5 p.m.
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