secwatch.observer — SEC 8-K summary
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Issuer:     PRA GROUP INC (PRAA)
CIK:        0001185348
Form:       8-K
Filed at:   2026-02-26T23:59:59+00:00
Accession:  0001185348-26-000003
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1185348/000118534826000003/0001185348-26-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1185348/000118534826000003/praa-20260226.htm
  HTML page:      https://secwatch.observer/filing/0001185348-26-000003

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