---
schema_version: "secwatch.filing_event.v1"
accession: "0001084961-25-000008"
form_type: "8-K"
ticker: "ECPG"
cik: "0001084961"
company_name: "ENCORE CAPITAL GROUP INC"
filed_at: "2025-02-26T23:59:59+00:00"
generated_at: "2026-05-26T03:12:07.558437+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Encore Capital reports $139M net loss for 2024; record portfolio purchases $1.35B, up 26%

## Summary
- GAAP net loss $139M ($5.83/sh) for 2024; Q4 net loss $225M ($9.42/sh) on $101M Cabot goodwill impairment and ERC adjustments.
- Full-year collections $2.16B (+16% YoY); portfolio purchases record $1.35B (+26% YoY) with U.S. purchases $999M.
- Cabot restructuring included exit from Spanish and Italian NPL markets; expects future performance aligned with rebased ERC.
- 2025 guidance: portfolio purchases exceed $1.35B, collections up 11% to $2.4B, plan to resume share repurchases.

## SEC filing metadata
- accession: 0001084961-25-000008
- form_type: 8-K
- ticker: ECPG
- cik: 0001084961
- company_name: ENCORE CAPITAL GROUP INC
- filed_at: 2025-02-26T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1084961/000108496125000008/0001084961-25-000008-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1084961/000108496125000008/ecpg-20250226.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001084961-25-000008
- JSON: https://secwatch.observer/filing/0001084961-25-000008.json
- Plain text: https://secwatch.observer/filing/0001084961-25-000008.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.