Filing Flows › PRA Group (PRAA) › Q2 2026
PRA Group (PRAA) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 7, 2026
PRA Group (PRAA) reported revenue of $372M for the second quarter 2026 (Q2 2026), +29% from a year earlier and +18% from the quarter before. Operating margin was 41.2%, net earnings $57.9M (15.6% of revenue).
PRA Group, Q2 2026: revenue $372M (+29% year over year), operating margin 41.2%, net earnings $57.9M, operating cash flow −$36.3M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $372M | +18% | +29% |
| Operating profit | $153M | +48% | +80% |
| Net earnings | $57.9M | +105% | +37% |
| Operating cash flow | −$36.3M | -245% | — |
What changed
Revenue was $372.2M in Q2 2026, up 29% year over year and up 18% from the previous quarter.
Operating profit was $153.3M, a 41.2% margin (up 11.6 points year over year). Of the extra revenue versus Q2 2025, 81% reached operating profit, above the 30% margin then. Total costs grew 8% against revenue growth of 29%. Net earnings were $57.9M, up 37% year over year. The effective tax rate was 33.3%.
Operating cash flow was −$36.3M. Non-cash charges added back $4.6M of share-based compensation. Working capital and other items used $99.8M. Capital expenditures of $2.4M exceeded it, leaving free cash flow of −$38.7M.
Questions
What was PRA Group's revenue in the second quarter 2026?
PRA Group (PRAA) reported revenue of $372M for the second quarter 2026 (Q2 2026), +29% from a year earlier and +18% from the quarter before.
Was PRA Group profitable in the second quarter 2026?
Operating profit was $153M (41.2% of revenue) and net earnings $57.9M.
Source: PRA Group 10-Q on SEC EDGAR.