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Side-by-side financial comparison of Donnelley Financial Solutions, Inc. (DFIN) 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 $172.5M, roughly 1.9× Donnelley Financial Solutions, Inc.). PRA GROUP INC runs the higher net margin — 17.0% vs 3.6%, a 13.4% gap on every dollar of revenue. On growth, PRA GROUP INC posted the faster year-over-year revenue change (13.7% vs 10.4%). Donnelley Financial Solutions, Inc. produced more free cash flow last quarter ($47.9M vs $-90.4M). Over the past eight quarters, PRA GROUP INC's revenue compounded faster (14.2% CAGR vs -7.9%).
Donnelley Financial Solutions (DFIN) is a financial compliance company based in Chicago, Illinois, United States. The company provides software as a service (SaaS) products, software-enabled services (SeS), print, and compliance services related to US Securities and Exchange Commission regulations to companies in capital and investment markets.
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.
DFIN vs PRAA — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $172.5M | $333.4M |
| Net Profit | $6.2M | $56.5M |
| Gross Margin | — | — |
| Operating Margin | 8.3% | 37.7% |
| Net Margin | 3.6% | 17.0% |
| Revenue YoY | 10.4% | 13.7% |
| Net Profit YoY | -1.6% | 206.3% |
| EPS (diluted) | $0.31 | $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.
| Q4 25 | $172.5M | $333.4M | ||
| Q3 25 | $175.3M | $311.1M | ||
| Q2 25 | $218.1M | $287.7M | ||
| Q1 25 | $201.1M | $269.6M | ||
| Q4 24 | $156.3M | $293.2M | ||
| Q3 24 | $179.5M | $281.5M | ||
| Q2 24 | $242.7M | $284.2M | ||
| Q1 24 | $203.4M | $255.6M |
| Q4 25 | $6.2M | $56.5M | ||
| Q3 25 | $-40.9M | $-407.7M | ||
| Q2 25 | $36.1M | $42.4M | ||
| Q1 25 | $31.0M | $3.7M | ||
| Q4 24 | $6.3M | $18.5M | ||
| Q3 24 | $8.7M | $27.2M | ||
| Q2 24 | $44.1M | $21.5M | ||
| Q1 24 | $33.3M | $3.5M |
| Q4 25 | 8.3% | 37.7% | ||
| Q3 25 | 16.1% | -101.4% | ||
| Q2 25 | 24.2% | 29.6% | ||
| Q1 25 | 22.8% | 27.7% | ||
| Q4 24 | 6.0% | 32.1% | ||
| Q3 24 | 10.1% | 32.0% | ||
| Q2 24 | 26.6% | 31.4% | ||
| Q1 24 | 21.9% | 26.0% |
| Q4 25 | 3.6% | 17.0% | ||
| Q3 25 | -23.3% | -131.0% | ||
| Q2 25 | 16.6% | 14.7% | ||
| Q1 25 | 15.4% | 1.4% | ||
| Q4 24 | 4.0% | 6.3% | ||
| Q3 24 | 4.8% | 9.6% | ||
| Q2 24 | 18.2% | 7.6% | ||
| Q1 24 | 16.4% | 1.4% |
| Q4 25 | $0.31 | $1.47 | ||
| Q3 25 | $-1.49 | $-10.43 | ||
| Q2 25 | $1.28 | $1.08 | ||
| Q1 25 | $1.05 | $0.09 | ||
| Q4 24 | $0.21 | $0.47 | ||
| Q3 24 | $0.29 | $0.69 | ||
| Q2 24 | $1.47 | $0.54 | ||
| Q1 24 | $1.09 | $0.09 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $24.5M | $104.4M |
| Total DebtLower is stronger | $171.3M | — |
| Stockholders' EquityBook value | $379.2M | $979.9M |
| Total Assets | $800.4M | $5.1B |
| Debt / EquityLower = less leverage | 0.45× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $24.5M | $104.4M | ||
| Q3 25 | $22.7M | $107.5M | ||
| Q2 25 | $33.8M | $131.6M | ||
| Q1 25 | $16.2M | $128.7M | ||
| Q4 24 | $57.3M | $105.9M | ||
| Q3 24 | $33.6M | $141.1M | ||
| Q2 24 | $35.0M | $118.9M | ||
| Q1 24 | $43.7M | $108.1M |
| Q4 25 | $171.3M | — | ||
| Q3 25 | $154.7M | — | ||
| Q2 25 | $190.1M | — | ||
| Q1 25 | $189.5M | — | ||
| Q4 24 | $124.7M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $379.2M | $979.9M | ||
| Q3 25 | $423.1M | $928.5M | ||
| Q2 25 | $432.1M | $1.3B | ||
| Q1 25 | $419.9M | $1.2B | ||
| Q4 24 | $436.1M | $1.1B | ||
| Q3 24 | $444.5M | $1.2B | ||
| Q2 24 | $441.5M | $1.1B | ||
| Q1 24 | $408.9M | $1.1B |
| Q4 25 | $800.4M | $5.1B | ||
| Q3 25 | $816.3M | $5.0B | ||
| Q2 25 | $874.7M | $5.4B | ||
| Q1 25 | $852.8M | $5.1B | ||
| Q4 24 | $841.6M | $4.9B | ||
| Q3 24 | $843.6M | $4.9B | ||
| Q2 24 | $882.9M | $4.7B | ||
| Q1 24 | $867.8M | $4.5B |
| Q4 25 | 0.45× | — | ||
| Q3 25 | 0.37× | — | ||
| Q2 25 | 0.44× | — | ||
| Q1 25 | 0.45× | — | ||
| Q4 24 | 0.29× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $59.8M | $-85.5M |
| Free Cash FlowOCF − Capex | $47.9M | $-90.4M |
| FCF MarginFCF / Revenue | 27.8% | -27.1% |
| Capex IntensityCapex / Revenue | 6.9% | 1.4% |
| Cash ConversionOCF / Net Profit | 9.65× | -1.51× |
| TTM Free Cash FlowTrailing 4 quarters | $107.8M | $-169.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $59.8M | $-85.5M | ||
| Q3 25 | $74.4M | $-10.1M | ||
| Q2 25 | $68.4M | $-12.9M | ||
| Q1 25 | $-37.7M | $-52.6M | ||
| Q4 24 | $56.4M | $-94.6M | ||
| Q3 24 | $86.4M | $-35.0M | ||
| Q2 24 | $56.2M | $-29.5M | ||
| Q1 24 | $-27.9M | $-73.0M |
| Q4 25 | $47.9M | $-90.4M | ||
| Q3 25 | $59.2M | $-11.3M | ||
| Q2 25 | $51.7M | $-14.2M | ||
| Q1 25 | $-51.0M | $-53.5M | ||
| Q4 24 | $41.3M | $-98.6M | ||
| Q3 24 | $67.3M | $-36.1M | ||
| Q2 24 | $36.8M | $-30.8M | ||
| Q1 24 | $-40.2M | $-73.5M |
| Q4 25 | 27.8% | -27.1% | ||
| Q3 25 | 33.8% | -3.6% | ||
| Q2 25 | 23.7% | -4.9% | ||
| Q1 25 | -25.4% | -19.8% | ||
| Q4 24 | 26.4% | -33.6% | ||
| Q3 24 | 37.5% | -12.8% | ||
| Q2 24 | 15.2% | -10.8% | ||
| Q1 24 | -19.8% | -28.8% |
| Q4 25 | 6.9% | 1.4% | ||
| Q3 25 | 8.7% | 0.4% | ||
| Q2 25 | 7.7% | 0.4% | ||
| Q1 25 | 6.6% | 0.3% | ||
| Q4 24 | 9.7% | 1.4% | ||
| Q3 24 | 10.6% | 0.4% | ||
| Q2 24 | 8.0% | 0.5% | ||
| Q1 24 | 6.0% | 0.2% |
| Q4 25 | 9.65× | -1.51× | ||
| Q3 25 | — | — | ||
| Q2 25 | 1.89× | -0.30× | ||
| Q1 25 | -1.22× | -14.37× | ||
| Q4 24 | 8.95× | -5.13× | ||
| Q3 24 | 9.93× | -1.29× | ||
| Q2 24 | 1.27× | -1.37× | ||
| Q1 24 | -0.84× | -21.01× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DFIN
| Technology Service | $68.0M | 39% |
| Capital Markets Compliance And Communications Management | $61.6M | 36% |
| Investment Companies Software Solutions | $30.9M | 18% |
| Print And Distribution Service | $13.6M | 8% |
PRAA
| GB | $170.1M | 51% |
| Other | $163.3M | 49% |
