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 Statements of Cash Flows
For the Nine Months Ended September 30, 2025 and 2024
| Nine Months Ended September 30, | ||
|---|---|---|
| 2025 | 2024 | |
| CASH FLOWS FROM OPERATING ACTIVITIES | ||
| Net (loss)/income | $(349,189) | $65,789 |
| Adjustments to reconcile net (loss)/income to net cash used in operating activities: | ||
| Share-based compensation | 12,279 | 10,133 |
| Depreciation, amortization and impairment of long-lived assets | 8,711 | 7,826 |
| Goodwill impairment | 412,611 | — |
| Gain on sale of equity method investment | (38,403) | — |
| Amortization of debt premium and issuance costs | 5,839 | 8,326 |
| Changes in expected recoveries | (112,572) | (185,608) |
| Deferred income taxes | (10,420) | (7,277) |
| Net unrealized foreign currency transaction gain | (11,015) | (16,593) |
| Other | 629 | (234) |
| Changes in operating assets and liabilities: | ||
| Other assets | (4,293) | (201) |
| Accrued expenses, accounts payable and other liabilities | 10,201 | (19,685) |
| Net cash used in operating activities | (75,622) | (137,524) |
| CASH FLOWS FROM INVESTING ACTIVITIES | ||
| Purchases of property and equipment, net | (3,392) | (2,881) |
| Purchases of nonperforming loan portfolios | (890,241) | (975,164) |
| Recoveries collected and applied to Finance receivables, net | 827,190 | 784,329 |
| Purchases of investments | (57,898) | (48,247) |
| Proceeds from sales and maturities of investments | 107,366 | 58,130 |
| Net cash used in investing activities | (16,975) | (183,833) |
| CASH FLOWS FROM FINANCING ACTIVITIES | ||
| Proceeds from lines of credit | 739,727 | 958,636 |
| Principal payments on lines of credit | (916,273) | (693,622) |
| Principal payments on long-term debt | (7,500) | (10,000) |
| Proceeds from issuance of 2032 senior notes | 351,990 | — |
| Proceeds from issuance of 2030 senior notes | — | 400,000 |
| Retirement of 2025 senior notes | — | (298,000) |
| Repurchases of common stock | (10,000) | — |
| Payments of origination costs and fees | (4,878) | (5,926) |
| Tax withholdings related to share-based payments | (2,184) | (1,787) |
| Distributions to noncontrolling interests | (24,005) | (18,014) |
| Contributions from noncontrolling interests | — | 2,396 |
| Net (decrease)/increase in interest-bearing deposits | (52,315) | 13,390 |
| Net cash provided by financing activities | 74,562 | 347,073 |
| Effect of foreign exchange rates | 21,431 | 3,024 |
| Net increase in cash, cash equivalents and restricted cash | 3,396 | 28,740 |
| Cash, cash equivalents and restricted cash, beginning of period | 107,431 | 113,692 |
| Cash, cash equivalents and restricted cash, end of period | $110,827 | $142,432 |
| Supplemental disclosure of cash flow information | ||
| Cash paid for interest | $213,888 | $176,537 |
| Cash paid for income taxes | 33,042 | 15,460 |
| Reconciliation to Balance Sheet accounts | ||
| Cash and cash equivalents | $107,454 | $141,135 |
| Restricted cash included in Other assets | 3,373 | 1,297 |
| Cash, cash equivalents and restricted cash | $110,827 | $142,432 |
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