---
schema_version: "secwatch.filing_event.v1"
accession: "0001185348-26-000003"
form_type: "8-K"
ticker: "PRAA"
cik: "0001185348"
company_name: "PRA GROUP INC"
filed_at: "2026-02-26T23:59:59+00:00"
generated_at: "2026-05-15T23:24:48.137357+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# PRA Group Q4 net income $56.5M, full year net loss $305M on $413M goodwill charge; cash collections up 13.6%

## Summary
- Q4 net income $56.5M ($1.46 diluted EPS); full year net loss $305.1M ($7.79 loss) driven by $412.6M Q3 goodwill impairment.
- Total cash collections up 13.6% in Q4 to $531.7M; full year up 12.8% to $2.1B.
- Portfolio purchases $314.8M in Q4, $1.2B for full year; record ERC of $8.6B.
- Adjusted net income attributable to PRA $72.6M ($1.84 adjusted EPS) for full year, excluding impairment and Brazil gain.
- Company introduced PRA 3.0 strategy and repurchased $10M of shares in Q4, totaling $20M in 2025.

## SEC filing metadata
- accession: 0001185348-26-000003
- form_type: 8-K
- ticker: PRAA
- cik: 0001185348
- company_name: PRA GROUP INC
- filed_at: 2026-02-26T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/1185348/000118534826000003/0001185348-26-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1185348/000118534826000003/praa-20260226.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001185348-26-000003
- JSON: https://secwatch.observer/filing/0001185348-26-000003.json
- Plain text: https://secwatch.observer/filing/0001185348-26-000003.txt

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