PRA Group Reports First Quarter 2026 Results
PRA Group reported a strong start to 2026 with Q1 cash collections growing 11% year-over-year to $551.9 million and net income attributable to the company rising to $28.2 million. Adjusted EBITDA for the trailing twelve months increased 13.9% to $1.3 billion, outpacing cash collections growth as the company gained operating leverage. Management remains on track with its PRA 3.0 strategy, highlighting continued momentum in the U.S.
Key figures
- Eps
- 0.73
- Revenue
- 314533000
- Revenue Yoy
- 16.6%
- Net income
- 28210000
- Adjusted ebitda
- 1348599000
- Cash collections
- 551928000
- Operating income
- 103254000
- Adjusted ebitda yoy
- 13.9%
- Portfolio purchases
- 220900000
- Cash collections yoy
- 11.0%
- Cash efficiency ratio
- 61.8%
- Estimated remaining collections
- 8500000000
AI analysis
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