---
schema_version: "secwatch.filing_event.v1"
accession: "0001185348-25-000018"
form_type: "8-K"
ticker: "PRAA"
cik: "0001185348"
company_name: "PRA GROUP INC"
filed_at: "2025-08-04T23:59:59+00:00"
generated_at: "2026-05-17T21:22:09.836818+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# PRA Group Q2 net income $42.4M ($1.08 EPS) on record ERC $8.3B, cash collections up 13%

## Summary
- Net income $42.4M (diluted EPS $1.08) includes $29.7M after-tax gain from sale of RCB equity interest in Brazil.
- Record ERC of $8.3B (+21.9% YoY); total cash collections $536.3M (+13.2%).
- Portfolio purchases $346.5M (-8.7% YoY); cash efficiency ratio 62.4% (+355 bps).
- Adjusted EBITDA trailing 12 months $1.2B (+16.4%); $10M shares repurchased.

## SEC filing metadata
- accession: 0001185348-25-000018
- form_type: 8-K
- ticker: PRAA
- cik: 0001185348
- company_name: PRA GROUP INC
- filed_at: 2025-08-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1185348/000118534825000018/0001185348-25-000018-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1185348/000118534825000018/praa-20250804.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001185348-25-000018
- JSON: https://secwatch.observer/filing/0001185348-25-000018.json
- Plain text: https://secwatch.observer/filing/0001185348-25-000018.txt

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