PRA Group (PRAA) Q1 2026 Earnings Transcript
Key takeaways
- Motley Fool Transcribing, The Motley Fool Sat, May 9, 2026 at 12:34 AM GMT+7 26 min read PRAA Image source: The Motley Fool.
- President and Chief Executive Officer — Martin Sjolund
- Martin Sjolund: Thank you, Najim, and thank you, everyone, for joining us this evening.
Motley Fool Transcribing, The Motley Fool Sat, May 9, 2026 at 12:34 AM GMT+7 26 min read PRAA Image source: The Motley Fool.
President and Chief Executive Officer — Martin Sjolund
Martin Sjolund: Thank you, Najim, and thank you, everyone, for joining us this evening. We are excited to be holding today s earnings call in our new Charlotte office, surrounded by some of our new colleagues who will help us transform our IT, AI and data analytics strategy. I wanted to start by providing a quick overview of our financial results for the quarter. As you can see on this slide, we have had a strong start to 2026, building on the success we achieved last year. Let s start with cash. Cash collections grew 11% year-over-year, driven by the continued momentum of our operational initiatives, especially in the U.S. This was supplemented by our continued strong performance in Europe.