vs

Side-by-side financial comparison of COLLEGIUM PHARMACEUTICAL, INC (COLL) and PRA GROUP INC (PRAA). Click either name above to swap in a different company.

PRA GROUP INC is the larger business by last-quarter revenue ($333.4M vs $205.4M, roughly 1.6× COLLEGIUM PHARMACEUTICAL, INC). PRA GROUP INC runs the higher net margin — 17.0% vs 8.3%, a 8.7% gap on every dollar of revenue. On growth, PRA GROUP INC posted the faster year-over-year revenue change (13.7% vs 12.9%). COLLEGIUM PHARMACEUTICAL, INC produced more free cash flow last quarter ($122.4M vs $-90.4M). Over the past eight quarters, COLLEGIUM PHARMACEUTICAL, INC's revenue compounded faster (19.1% CAGR vs 14.2%).

Collegium Pharmaceutical, Inc. is a specialty pharmaceutical firm focused on developing and commercializing innovative, abuse-deterrent pain management therapies. Operating primarily in the U.S. market, it offers extended-release analgesics for chronic pain patients, serving providers across primary and specialty care segments.

PRA Group, Inc. is a publicly traded debt buyer and debt collection company based in Norfolk, Virginia. The company buys delinquent consumer debt from credit card issuers and other financial institutions at a discount and pursues collection of the full debt owed. Founded in 1996, PRA Group employs more than 3200 people in 18 countries.

COLL vs PRAA — Head-to-Head

Bigger by revenue
PRAA
PRAA
1.6× larger
PRAA
$333.4M
$205.4M
COLL
Growing faster (revenue YoY)
PRAA
PRAA
+0.8% gap
PRAA
13.7%
12.9%
COLL
Higher net margin
PRAA
PRAA
8.7% more per $
PRAA
17.0%
8.3%
COLL
More free cash flow
COLL
COLL
$212.7M more FCF
COLL
$122.4M
$-90.4M
PRAA
Faster 2-yr revenue CAGR
COLL
COLL
Annualised
COLL
19.1%
14.2%
PRAA

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
COLL
COLL
PRAA
PRAA
Revenue
$205.4M
$333.4M
Net Profit
$17.0M
$56.5M
Gross Margin
62.5%
Operating Margin
29.6%
37.7%
Net Margin
8.3%
17.0%
Revenue YoY
12.9%
13.7%
Net Profit YoY
35.3%
206.3%
EPS (diluted)
$0.48
$1.47

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
COLL
COLL
PRAA
PRAA
Q4 25
$205.4M
$333.4M
Q3 25
$209.4M
$311.1M
Q2 25
$188.0M
$287.7M
Q1 25
$177.8M
$269.6M
Q4 24
$181.9M
$293.2M
Q3 24
$159.3M
$281.5M
Q2 24
$145.3M
$284.2M
Q1 24
$144.9M
$255.6M
Net Profit
COLL
COLL
PRAA
PRAA
Q4 25
$17.0M
$56.5M
Q3 25
$31.5M
$-407.7M
Q2 25
$12.0M
$42.4M
Q1 25
$2.4M
$3.7M
Q4 24
$12.5M
$18.5M
Q3 24
$9.3M
$27.2M
Q2 24
$19.6M
$21.5M
Q1 24
$27.7M
$3.5M
Gross Margin
COLL
COLL
PRAA
PRAA
Q4 25
62.5%
Q3 25
61.7%
Q2 25
57.7%
Q1 25
54.8%
Q4 24
54.0%
Q3 24
60.8%
Q2 24
62.5%
Q1 24
63.1%
Operating Margin
COLL
COLL
PRAA
PRAA
Q4 25
29.6%
37.7%
Q3 25
29.7%
-101.4%
Q2 25
18.7%
29.6%
Q1 25
12.2%
27.7%
Q4 24
20.9%
32.1%
Q3 24
21.9%
32.0%
Q2 24
32.7%
31.4%
Q1 24
34.1%
26.0%
Net Margin
COLL
COLL
PRAA
PRAA
Q4 25
8.3%
17.0%
Q3 25
15.0%
-131.0%
Q2 25
6.4%
14.7%
Q1 25
1.4%
1.4%
Q4 24
6.9%
6.3%
Q3 24
5.9%
9.6%
Q2 24
13.5%
7.6%
Q1 24
19.1%
1.4%
EPS (diluted)
COLL
COLL
PRAA
PRAA
Q4 25
$0.48
$1.47
Q3 25
$0.84
$-10.43
Q2 25
$0.34
$1.08
Q1 25
$0.07
$0.09
Q4 24
$0.36
$0.47
Q3 24
$0.27
$0.69
Q2 24
$0.52
$0.54
Q1 24
$0.71
$0.09

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
COLL
COLL
PRAA
PRAA
Cash + ST InvestmentsLiquidity on hand
$386.7M
$104.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$301.7M
$979.9M
Total Assets
$1.7B
$5.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
COLL
COLL
PRAA
PRAA
Q4 25
$386.7M
$104.4M
Q3 25
$285.9M
$107.5M
Q2 25
$222.2M
$131.6M
Q1 25
$197.8M
$128.7M
Q4 24
$162.8M
$105.9M
Q3 24
$120.0M
$141.1M
Q2 24
$271.6M
$118.9M
Q1 24
$318.0M
$108.1M
Stockholders' Equity
COLL
COLL
PRAA
PRAA
Q4 25
$301.7M
$979.9M
Q3 25
$274.8M
$928.5M
Q2 25
$232.2M
$1.3B
Q1 25
$234.4M
$1.2B
Q4 24
$228.8M
$1.1B
Q3 24
$234.3M
$1.2B
Q2 24
$216.6M
$1.1B
Q1 24
$222.2M
$1.1B
Total Assets
COLL
COLL
PRAA
PRAA
Q4 25
$1.7B
$5.1B
Q3 25
$1.6B
$5.0B
Q2 25
$1.6B
$5.4B
Q1 25
$1.6B
$5.1B
Q4 24
$1.7B
$4.9B
Q3 24
$1.6B
$4.9B
Q2 24
$1.1B
$4.7B
Q1 24
$1.1B
$4.5B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
COLL
COLL
PRAA
PRAA
Operating Cash FlowLast quarter
$123.0M
$-85.5M
Free Cash FlowOCF − Capex
$122.4M
$-90.4M
FCF MarginFCF / Revenue
59.6%
-27.1%
Capex IntensityCapex / Revenue
0.3%
1.4%
Cash ConversionOCF / Net Profit
7.25×
-1.51×
TTM Free Cash FlowTrailing 4 quarters
$327.6M
$-169.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
COLL
COLL
PRAA
PRAA
Q4 25
$123.0M
$-85.5M
Q3 25
$78.4M
$-10.1M
Q2 25
$72.4M
$-12.9M
Q1 25
$55.4M
$-52.6M
Q4 24
$84.6M
$-94.6M
Q3 24
$-9.0M
$-35.0M
Q2 24
$67.4M
$-29.5M
Q1 24
$61.9M
$-73.0M
Free Cash Flow
COLL
COLL
PRAA
PRAA
Q4 25
$122.4M
$-90.4M
Q3 25
$78.3M
$-11.3M
Q2 25
$72.4M
$-14.2M
Q1 25
$54.6M
$-53.5M
Q4 24
$84.1M
$-98.6M
Q3 24
$-9.2M
$-36.1M
Q2 24
$67.1M
$-30.8M
Q1 24
$61.4M
$-73.5M
FCF Margin
COLL
COLL
PRAA
PRAA
Q4 25
59.6%
-27.1%
Q3 25
37.4%
-3.6%
Q2 25
38.5%
-4.9%
Q1 25
30.7%
-19.8%
Q4 24
46.2%
-33.6%
Q3 24
-5.8%
-12.8%
Q2 24
46.2%
-10.8%
Q1 24
42.3%
-28.8%
Capex Intensity
COLL
COLL
PRAA
PRAA
Q4 25
0.3%
1.4%
Q3 25
0.1%
0.4%
Q2 25
0.0%
0.4%
Q1 25
0.4%
0.3%
Q4 24
0.3%
1.4%
Q3 24
0.2%
0.4%
Q2 24
0.2%
0.5%
Q1 24
0.4%
0.2%
Cash Conversion
COLL
COLL
PRAA
PRAA
Q4 25
7.25×
-1.51×
Q3 25
2.49×
Q2 25
6.05×
-0.30×
Q1 25
22.92×
-14.37×
Q4 24
6.75×
-5.13×
Q3 24
-0.96×
-1.29×
Q2 24
3.44×
-1.37×
Q1 24
2.23×
-21.01×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

COLL
COLL

Segment breakdown not available.

PRAA
PRAA

GB$170.1M51%
Other$163.3M49%

Related Comparisons