PRA GROUP INC
For the period ended Jun 30, 2025. Filed Aug 6, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2025 · Filed Aug 6, 2025
PRAA$11.96-5.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Income Statements
(In thousands, except per share amounts)
| Three Months Ended June 30, | Six Months Ended June 30, | |||
|---|---|---|---|---|
| 2025 | 2024 | 2025 | 2024 | |
| Revenues | ||||
| Portfolio income | $250,934 | $209,290 | $491,892 | $411,346 |
| Changes in expected recoveries | 33,292 | 73,320 | 61,214 | 124,994 |
| Total portfolio revenue | 284,226 | 282,610 | 553,106 | 536,340 |
| Other revenue | 3,462 | 1,619 | 4,201 | 3,475 |
| Total revenues | 287,688 | 284,229 | 557,307 | 539,815 |
| Operating expenses | ||||
| Compensation and benefits | 75,724 | 74,241 | 149,047 | 147,838 |
| Legal collection costs | 37,583 | 35,274 | 70,977 | 61,965 |
| Legal collection fees | 15,625 | 13,762 | 30,855 | 25,874 |
| Agency fees | 22,688 | 21,008 | 44,056 | 40,731 |
| Professional and outside services | 21,071 | 18,124 | 42,174 | 43,174 |
| Communication | 9,417 | 11,577 | 19,894 | 24,155 |
| Rent and occupancy | 3,504 | 4,136 | 6,984 | 8,280 |
| Depreciation, amortization and impairment | 2,503 | 2,637 | 6,272 | 5,357 |
| Other operating expenses | 14,462 | 14,248 | 27,360 | 26,823 |
| Total operating expenses | 202,577 | 195,007 | 397,619 | 384,197 |
| Income from operations | 85,111 | 89,222 | 159,688 | 155,618 |
| Other income/(expense) | ||||
| Interest expense, net | (62,361) | (55,353) | (123,331) | (107,631) |
| Gain on sale of equity method investment | 38,403 | — | 38,403 | — |
| Foreign exchange (loss)/gain, net | 50 | (99) | (1) | 128 |
| Other | (75) | 46 | (255) | (160) |
| Income before income taxes | 61,128 | 33,816 | 74,504 | 47,955 |
| Income tax expense | 15,415 | 8,702 | 19,727 | 11,088 |
| Net income | 45,713 | 25,114 | 54,777 | 36,867 |
| Net income attributable to noncontrolling interests | 3,339 | 3,598 | 8,744 | 11,876 |
| Net income attributable to PRA Group, Inc. | $42,374 | $21,516 | $46,033 | $24,991 |
| Net income per common share attributable to PRA Group, Inc. | ||||
| Basic | $1.08 | $0.55 | $1.17 | $0.64 |
| Diluted | $1.08 | $0.54 | $1.16 | $0.63 |
| Weighted average number of shares outstanding | ||||
| Basic | 39,323 | 39,364 | 39,436 | 39,319 |
| Diluted | 39,385 | 39,546 | 39,536 | 39,497 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.