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Side-by-side financial comparison of ICHOR HOLDINGS, LTD. (ICHR) 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 $256.1M, roughly 1.3× ICHOR HOLDINGS, LTD.). PRA GROUP INC runs the higher net margin — 17.0% vs -1.0%, a 17.9% gap on every dollar of revenue. On growth, PRA GROUP INC posted the faster year-over-year revenue change (13.7% vs 4.7%). ICHOR HOLDINGS, LTD. produced more free cash flow last quarter ($-10.0M vs $-90.4M). Over the past eight quarters, PRA GROUP INC's revenue compounded faster (14.2% CAGR vs 12.3%).

Ichor Holdings Ltd. designs, manufactures and supplies critical fluid delivery systems, subsystems and related components for the global semiconductor manufacturing sector. Its products are integrated into front-end wafer processing equipment, supporting production of advanced logic, memory and specialty chips for leading semiconductor device and equipment makers across North America, East Asia and Europe.

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.

ICHR vs PRAA — Head-to-Head

Bigger by revenue
PRAA
PRAA
1.3× larger
PRAA
$333.4M
$256.1M
ICHR
Growing faster (revenue YoY)
PRAA
PRAA
+8.9% gap
PRAA
13.7%
4.7%
ICHR
Higher net margin
PRAA
PRAA
17.9% more per $
PRAA
17.0%
-1.0%
ICHR
More free cash flow
ICHR
ICHR
$80.4M more FCF
ICHR
$-10.0M
$-90.4M
PRAA
Faster 2-yr revenue CAGR
PRAA
PRAA
Annualised
PRAA
14.2%
12.3%
ICHR

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
ICHR
ICHR
PRAA
PRAA
Revenue
$256.1M
$333.4M
Net Profit
$-2.5M
$56.5M
Gross Margin
12.6%
Operating Margin
88.2%
37.7%
Net Margin
-1.0%
17.0%
Revenue YoY
4.7%
13.7%
Net Profit YoY
45.8%
206.3%
EPS (diluted)
$-0.07
$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
ICHR
ICHR
PRAA
PRAA
Q1 26
$256.1M
Q4 25
$223.6M
$333.4M
Q3 25
$239.3M
$311.1M
Q2 25
$240.3M
$287.7M
Q1 25
$244.5M
$269.6M
Q4 24
$233.3M
$293.2M
Q3 24
$211.1M
$281.5M
Q2 24
$203.2M
$284.2M
Net Profit
ICHR
ICHR
PRAA
PRAA
Q1 26
$-2.5M
Q4 25
$-16.0M
$56.5M
Q3 25
$-22.9M
$-407.7M
Q2 25
$-9.4M
$42.4M
Q1 25
$-4.6M
$3.7M
Q4 24
$-3.9M
$18.5M
Q3 24
$-2.8M
$27.2M
Q2 24
$-5.1M
$21.5M
Gross Margin
ICHR
ICHR
PRAA
PRAA
Q1 26
12.6%
Q4 25
9.4%
Q3 25
4.6%
Q2 25
11.3%
Q1 25
11.7%
Q4 24
11.6%
Q3 24
13.2%
Q2 24
12.6%
Operating Margin
ICHR
ICHR
PRAA
PRAA
Q1 26
88.2%
Q4 25
-6.2%
37.7%
Q3 25
-8.1%
-101.4%
Q2 25
-2.0%
29.6%
Q1 25
-0.5%
27.7%
Q4 24
-0.5%
32.1%
Q3 24
-0.2%
32.0%
Q2 24
-1.1%
31.4%
Net Margin
ICHR
ICHR
PRAA
PRAA
Q1 26
-1.0%
Q4 25
-7.1%
17.0%
Q3 25
-9.6%
-131.0%
Q2 25
-3.9%
14.7%
Q1 25
-1.9%
1.4%
Q4 24
-1.7%
6.3%
Q3 24
-1.3%
9.6%
Q2 24
-2.5%
7.6%
EPS (diluted)
ICHR
ICHR
PRAA
PRAA
Q1 26
$-0.07
Q4 25
$-0.46
$1.47
Q3 25
$-0.67
$-10.43
Q2 25
$-0.28
$1.08
Q1 25
$-0.13
$0.09
Q4 24
$-0.11
$0.47
Q3 24
$-0.08
$0.69
Q2 24
$-0.15
$0.54

Balance Sheet & Financial Strength

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

Metric
ICHR
ICHR
PRAA
PRAA
Cash + ST InvestmentsLiquidity on hand
$89.1M
$104.4M
Total DebtLower is stronger
$6.3M
Stockholders' EquityBook value
$668.0M
$979.9M
Total Assets
$972.5M
$5.1B
Debt / EquityLower = less leverage
0.01×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ICHR
ICHR
PRAA
PRAA
Q1 26
$89.1M
Q4 25
$98.3M
$104.4M
Q3 25
$92.5M
$107.5M
Q2 25
$92.2M
$131.6M
Q1 25
$109.3M
$128.7M
Q4 24
$108.7M
$105.9M
Q3 24
$116.4M
$141.1M
Q2 24
$114.3M
$118.9M
Total Debt
ICHR
ICHR
PRAA
PRAA
Q1 26
$6.3M
Q4 25
$123.5M
Q3 25
$123.5M
Q2 25
$125.0M
Q1 25
$126.8M
Q4 24
$128.5M
Q3 24
$130.3M
Q2 24
$130.2M
Stockholders' Equity
ICHR
ICHR
PRAA
PRAA
Q1 26
$668.0M
Q4 25
$663.9M
$979.9M
Q3 25
$676.2M
$928.5M
Q2 25
$694.1M
$1.3B
Q1 25
$700.4M
$1.2B
Q4 24
$698.3M
$1.1B
Q3 24
$697.3M
$1.2B
Q2 24
$694.9M
$1.1B
Total Assets
ICHR
ICHR
PRAA
PRAA
Q1 26
$972.5M
Q4 25
$942.9M
$5.1B
Q3 25
$966.6M
$5.0B
Q2 25
$985.1M
$5.4B
Q1 25
$1.0B
$5.1B
Q4 24
$995.6M
$4.9B
Q3 24
$975.9M
$4.9B
Q2 24
$947.7M
$4.7B
Debt / Equity
ICHR
ICHR
PRAA
PRAA
Q1 26
0.01×
Q4 25
0.19×
Q3 25
0.18×
Q2 25
0.18×
Q1 25
0.18×
Q4 24
0.18×
Q3 24
0.19×
Q2 24
0.19×

Cash Flow & Capital Efficiency

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

Metric
ICHR
ICHR
PRAA
PRAA
Operating Cash FlowLast quarter
$-85.5M
Free Cash FlowOCF − Capex
$-10.0M
$-90.4M
FCF MarginFCF / Revenue
-3.9%
-27.1%
Capex IntensityCapex / Revenue
2.8%
1.4%
Cash ConversionOCF / Net Profit
-1.51×
TTM Free Cash FlowTrailing 4 quarters
$-16.8M
$-169.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ICHR
ICHR
PRAA
PRAA
Q1 26
Q4 25
$9.2M
$-85.5M
Q3 25
$9.2M
$-10.1M
Q2 25
$-7.5M
$-12.9M
Q1 25
$19.0M
$-52.6M
Q4 24
$-2.5M
$-94.6M
Q3 24
$8.1M
$-35.0M
Q2 24
$17.5M
$-29.5M
Free Cash Flow
ICHR
ICHR
PRAA
PRAA
Q1 26
$-10.0M
Q4 25
$5.9M
$-90.4M
Q3 25
$2.1M
$-11.3M
Q2 25
$-14.8M
$-14.2M
Q1 25
$496.0K
$-53.5M
Q4 24
$-6.9M
$-98.6M
Q3 24
$2.2M
$-36.1M
Q2 24
$14.6M
$-30.8M
FCF Margin
ICHR
ICHR
PRAA
PRAA
Q1 26
-3.9%
Q4 25
2.6%
-27.1%
Q3 25
0.9%
-3.6%
Q2 25
-6.2%
-4.9%
Q1 25
0.2%
-19.8%
Q4 24
-3.0%
-33.6%
Q3 24
1.0%
-12.8%
Q2 24
7.2%
-10.8%
Capex Intensity
ICHR
ICHR
PRAA
PRAA
Q1 26
2.8%
Q4 25
1.5%
1.4%
Q3 25
3.0%
0.4%
Q2 25
3.0%
0.4%
Q1 25
7.6%
0.3%
Q4 24
1.9%
1.4%
Q3 24
2.8%
0.4%
Q2 24
1.4%
0.5%
Cash Conversion
ICHR
ICHR
PRAA
PRAA
Q1 26
Q4 25
-1.51×
Q3 25
Q2 25
-0.30×
Q1 25
-14.37×
Q4 24
-5.13×
Q3 24
-1.29×
Q2 24
-1.37×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ICHR
ICHR

Segment breakdown not available.

PRAA
PRAA

GB$170.1M51%
Other$163.3M49%

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