Filing Flows › PRA Group (PRAA) › Q1 2025
PRA Group (PRAA) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 9, 2025
PRA Group (PRAA) reported revenue of $270M for the first quarter 2025 (Q1 2025), +5% from a year earlier and -8% from the quarter before. Operating margin was 27.7%, net earnings $3.7M (1.4% of revenue).
PRA Group, Q1 2025: revenue $270M (+6% year over year), operating margin 27.7%, net earnings $3.7M, operating cash flow −$52.6M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $270M | -8% | +5% |
| Operating profit | $74.6M | -21% | +12% |
| Net earnings | $3.7M | -80% | +5% |
| Operating cash flow | −$52.6M | — | — |
What changed
Revenue was $269.6M in Q1 2025, up 5% year over year and down 8% from the previous quarter.
Operating profit was $74.6M, a 27.7% margin (up 1.7 points year over year). Of the extra revenue versus a year earlier, 58% reached operating profit, above the 26% margin then. Total costs grew 3% against revenue growth of 5%. Net earnings were $3.7M, up 5% year over year. The effective tax rate was 32.2%.
Operating cash flow was −$52.6M. Non-cash charges added back $2.9M of depreciation and amortization and $3.8M of share-based compensation. Working capital and other items used $68.4M. Capital expenditures of $900K exceeded it, leaving free cash flow of −$53.5M.
Questions
What was PRA Group's revenue in the first quarter 2025?
PRA Group (PRAA) reported revenue of $270M for the first quarter 2025 (Q1 2025), +5% from a year earlier and -8% from the quarter before.
Was PRA Group profitable in the first quarter 2025?
Operating profit was $74.6M (27.7% of revenue) and net earnings $3.7M.
Source: PRA Group 10-Q on SEC EDGAR.