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PRA Group PRAA Europe — Changes in expected recoveries

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Other financials

Income statement

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Revenue$372.2M+29.4%
Operating income$153.3M+80.1%
Net income$57.9M+36.7%
EPS (diluted)$1.51+39.8%

Balance sheet

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Cash & equivalents$132.4M+0.6%
Total debt$3.8B+4.0%
Total equity$1.0B-21.8%
Total assets$5.2B-3.6%

Cash flow

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Operating cash flow-$36.3M-181%
CapEx$2.4M+87.8%
Free cash flow-$38.7M-173%

Valuation

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Market cap$713.81M+19.6%
Enterprise value$4.37B+6.4%
P/S0.5×0.0×

Profitability

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Operating margin-5.3%-33.2pp
Net margin-29.5%-33.7pp
FCF margin-2.8%

Returns & leverage

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Return on equity-32%-35.7pp
Debt / equity3.6×+0.9×

Where this comes from

Reported directly by PRA Group in its filing.

Tagged under the XBRL concept praa:FinancingReceivableAllowanceForCreditLossChangesInEstimatedRecoveries.

The source filing: PRA Group’s 10-K, filed March 2, 2026.

Filed
Mar 2, 2026, 4:06 PM EST
Fiscal year
FY2025
Accession
0001185348-26-000006
Line item202520242023
Revenues
Portfolio income$1,013,271$857,188$757,128
Changes in expected recoveries176,451240,86829,134
Total portfolio revenue1,189,7221,098,056786,262
Other revenue12,11516,46816,292
Total revenues1,201,8371,114,524802,554
Operating expenses
Compensation and benefits296,665298,903288,778

Item 8. Financial Statements and Supplementary Data.

FAQ

What is PRA Group's europe — changes in expected recoveries?
PRA Group (PRAA) reported europe — changes in expected recoveries of $11.58M in Q4 2025.
What does europe — changes in expected recoveries mean?
This metric represents the periodic adjustments made to the projected cash flows from the nonperforming loan portfolios acquired within the European geographic segment. It reflects revisions to management's estimates regarding the timing and amount of future collections based on observed performance trends and macroeconomic conditions. Positive changes indicate an upward revision in anticipated recoveries, which directly impacts the valuation of the financing receivable portfolio and the associated allowance for credit losses.

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