---
schema_version: "secwatch.filing_event.v1"
accession: "0001185348-25-000040"
form_type: "8-K"
ticker: "PRAA"
cik: "0001185348"
company_name: "PRA GROUP INC"
filed_at: "2025-11-03T23:59:59+00:00"
generated_at: "2026-05-17T00:50:06.101702+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# PRA Group Q3 net loss $408M on $413M goodwill impairment; adjusted EPS $0.53

## Summary
- Net loss $407.7M ($10.43 diluted EPS) including $412.6M non-cash goodwill impairment; adjusted net income $20.9M ($0.53 diluted EPS).
- Total cash collections $542.2M, up 13.7% YoY; record ERC of $8.4B, up 15.2%.
- Portfolio purchases $255.5M in Q3; on track for $1.2B full-year target.
- U.S. legal cash collections rose 27% YoY; European business outperformed cash collection expectations by 11% YTD.
- CEO Martin Sjolund highlighted progress on U.S. cost efficiency, operations reorganization, and IT modernization.

## SEC filing metadata
- accession: 0001185348-25-000040
- form_type: 8-K
- ticker: PRAA
- cik: 0001185348
- company_name: PRA GROUP INC
- filed_at: 2025-11-03T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/1185348/000118534825000040/0001185348-25-000040-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1185348/000118534825000040/praa-20251103.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001185348-25-000040
- JSON: https://secwatch.observer/filing/0001185348-25-000040.json
- Plain text: https://secwatch.observer/filing/0001185348-25-000040.txt

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