PRA GROUP INC
For the period ended Sep 30, 2025. Filed Nov 10, 2025.
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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.
Sep 30, 2025 · Filed Nov 10, 2025
PRAA$11.96-5.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Income Statements
For the Three and Nine Months Ended September 30, 2025 and 2024
(In thousands, except per share amounts)
| Three Months Ended September 30, | Nine Months Ended September 30, | |||
|---|---|---|---|---|
| 2025 | 2024 | 2025 | 2024 | |
| Revenues | ||||
| Portfolio income | $258,549 | $216,122 | $750,441 | $627,468 |
| Changes in expected recoveries | 51,358 | 60,614 | 112,572 | 185,608 |
| Total portfolio revenue | 309,907 | 276,736 | 863,013 | 813,076 |
| Other revenue | 1,233 | 4,741 | 5,434 | 8,216 |
| Total revenues | 311,140 | 281,477 | 868,447 | 821,292 |
| Operating expenses | ||||
| Compensation and benefits | 74,237 | 76,106 | 223,284 | 223,944 |
| Legal collection costs | 46,764 | 28,781 | 117,741 | 90,746 |
| Legal collection fees | 16,558 | 14,479 | 47,413 | 40,353 |
| Agency fees | 24,556 | 21,020 | 68,612 | 61,751 |
| Professional and outside services | 22,051 | 20,452 | 64,225 | 63,626 |
| Communication | 8,377 | 10,048 | 28,271 | 34,203 |
| Rent and occupancy | 3,654 | 4,175 | 10,638 | 12,455 |
| Depreciation, amortization and impairment of long-lived assets | 2,439 | 2,469 | 8,711 | 7,826 |
| Goodwill impairment | 412,611 | — | 412,611 | — |
| Other operating expenses | 15,440 | 13,969 | 42,800 | 40,792 |
| Total operating expenses | 626,687 | 191,499 | 1,024,306 | 575,696 |
| (Loss)/income from operations | (315,547) | 89,978 | (155,859) | 245,596 |
| Other income/(expense) | ||||
| Interest expense, net | (64,087) | (61,062) | (187,418) | (168,693) |
| Gain on sale of equity method investment | — | — | 38,403 | — |
| Foreign exchange gain, net | 67 | 10 | 66 | 138 |
| Other | (38) | (676) | (293) | (836) |
| (Loss)/income before income taxes | (379,605) | 28,250 | (305,101) | 76,205 |
| Income tax expense/(benefit) | 24,361 | (672) | 44,088 | 10,416 |
| Net (loss)/income | (403,966) | 28,922 | (349,189) | 65,789 |
| Net income attributable to noncontrolling interests | 3,737 | 1,768 | 12,481 | 13,644 |
| Net (loss)/income attributable to PRA Group, Inc. | $(407,703) | $27,154 | $(361,670) | $52,145 |
| Net (loss)/income per common share attributable to PRA Group, Inc. | ||||
| Basic | $(10.43) | $0.69 | $(9.20) | $1.33 |
| Diluted | $(10.43) | $0.69 | $(9.20) | $1.32 |
| Weighted average number of shares outstanding | ||||
| Basic | 39,078 | 39,421 | 39,316 | 39,353 |
| Diluted | 39,078 | 39,492 | 39,316 | 39,495 |
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