-+ 0.00%
-+ 0.00%
-+ 0.00%

PRA Group Q1 FY26 net income swings to USD 28.2 million; cash collections rise 11% to USD 551.9 million

PUBT·05/07/2026 20:25:28
Listen to the news
PRA Group Q1 FY26 net income swings to USD 28.2 million; cash collections rise 11% to USD 551.9 million
  • PRA Group posted Q1 2026 net income attributable to shareholders of USD 28.21 million, or USD 0.73 per diluted share, swinging from profit of USD 3.66 million a year earlier.
  • Total revenue climbed 16.65% to USD 314.53 million, while operating income rose to USD 103.25 million.
  • Cash collections increased 11% to USD 551.93 million, while estimated remaining collections rose 9.5% to USD 8.5 billion.
  • Operating expenses increased to USD 211.28 million on higher legal collection costs, while cash efficiency ratio was 61.8%.
  • Martin Sjolund cited momentum in U.S. legal collections, strong Europe performance, and ongoing PRA 3.0 initiatives including technology modernization, a UK mobile app, and global AI efforts.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PRA Group Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202605071605PR_NEWS_USPR_____PH54096) on May 07, 2026, and is solely responsible for the information contained therein.