PRA Group vs Upstart Holdings
PRA Group is the larger business, with $1.20bn of revenue in fiscal 2025 against $1.04bn for Upstart Holdings (1.2 times as much). Upstart Holdings grew faster (64.0% against 7.8%). Upstart Holdings kept more of each dollar of sales as profit: a net margin of 5.1% against -25.4%.
| Latest fiscal year | PRA GroupPRAA, 2025 | Upstart HoldingsUPST, 2025 |
|---|---|---|
| Revenue | $1.20bn | $1.04bn |
| Revenue growth | 7.8% | 64.0% |
| Net income | −$305m | $53.6m |
| Operating margin | — | — |
| Net margin | -25.4% | 5.1% |
| Return on equity | -28.9% | 7.5% |
| Free cash flow | −$90.4m | −$148m |
| Cash | $104m | $652m |
| Total debt | $3.70bn | $1.83bn |
| Debt to equity | — | — |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $20.0m | — |
| Employees | — | 1,405 |
| Market value | $744m | $2.09bn |
| Price vs our value range | — | — |
| Moat score | 42 (Weak) | 0 (Weak) |
| Insider trades, 12 months | 1 buys, 0 sales | 6 buys, 38 sales |