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Side-by-side financial comparison of Innovex International, Inc. (INVX) 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 $273.6M, roughly 1.2× Innovex International, Inc.). PRA GROUP INC runs the higher net margin — 17.0% vs 5.1%, a 11.9% gap on every dollar of revenue. On growth, PRA GROUP INC posted the faster year-over-year revenue change (13.7% vs 9.1%). Over the past eight quarters, Innovex International, Inc.'s revenue compounded faster (46.2% CAGR vs 14.2%).
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.
INVX vs PRAA — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $273.6M | $333.4M |
| Net Profit | $14.0M | $56.5M |
| Gross Margin | 28.9% | — |
| Operating Margin | 9.4% | 37.7% |
| Net Margin | 5.1% | 17.0% |
| Revenue YoY | 9.1% | 13.7% |
| Net Profit YoY | -56.1% | 206.3% |
| EPS (diluted) | $0.20 | $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 | $273.6M | $333.4M | ||
| Q3 25 | $240.0M | $311.1M | ||
| Q2 25 | $224.2M | $287.7M | ||
| Q1 25 | $240.4M | $269.6M | ||
| Q4 24 | $250.7M | $293.2M | ||
| Q3 24 | $151.8M | $281.5M | ||
| Q2 24 | $130.3M | $284.2M | ||
| Q1 24 | $128.0M | $255.6M |
| Q4 25 | $14.0M | $56.5M | ||
| Q3 25 | $39.2M | $-407.7M | ||
| Q2 25 | $15.3M | $42.4M | ||
| Q1 25 | $14.8M | $3.7M | ||
| Q4 24 | $31.8M | $18.5M | ||
| Q3 24 | $82.6M | $27.2M | ||
| Q2 24 | $9.5M | $21.5M | ||
| Q1 24 | $16.4M | $3.5M |
| Q4 25 | 28.9% | — | ||
| Q3 25 | 31.6% | — | ||
| Q2 25 | 32.0% | — | ||
| Q1 25 | 31.8% | — | ||
| Q4 24 | 33.9% | — | ||
| Q3 24 | 34.7% | — | ||
| Q2 24 | 35.3% | — | ||
| Q1 24 | 38.4% | — |
| Q4 25 | 9.4% | 37.7% | ||
| Q3 25 | 26.0% | -101.4% | ||
| Q2 25 | 10.1% | 29.6% | ||
| Q1 25 | 9.1% | 27.7% | ||
| Q4 24 | 10.7% | 32.1% | ||
| Q3 24 | -8.7% | 32.0% | ||
| Q2 24 | 10.0% | 31.4% | ||
| Q1 24 | 17.4% | 26.0% |
| Q4 25 | 5.1% | 17.0% | ||
| Q3 25 | 16.3% | -131.0% | ||
| Q2 25 | 6.8% | 14.7% | ||
| Q1 25 | 6.1% | 1.4% | ||
| Q4 24 | 12.7% | 6.3% | ||
| Q3 24 | 54.4% | 9.6% | ||
| Q2 24 | 7.3% | 7.6% | ||
| Q1 24 | 12.8% | 1.4% |
| Q4 25 | $0.20 | $1.47 | ||
| Q3 25 | $0.57 | $-10.43 | ||
| Q2 25 | $0.22 | $1.08 | ||
| Q1 25 | $0.21 | $0.09 | ||
| Q4 24 | $-0.03 | $0.47 | ||
| Q3 24 | $1.99 | $0.69 | ||
| Q2 24 | $0.30 | $0.54 | ||
| Q1 24 | $0.51 | $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 | — | $104.4M |
| Total DebtLower is stronger | $18.9M | — |
| Stockholders' EquityBook value | $1.1B | $979.9M |
| Total Assets | $1.3B | $5.1B |
| Debt / EquityLower = less leverage | 0.02× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $104.4M | ||
| Q3 25 | — | $107.5M | ||
| Q2 25 | — | $131.6M | ||
| Q1 25 | — | $128.7M | ||
| Q4 24 | — | $105.9M | ||
| Q3 24 | — | $141.1M | ||
| Q2 24 | $185.6M | $118.9M | ||
| Q1 24 | $202.2M | $108.1M |
| Q4 25 | $18.9M | — | ||
| Q3 25 | $20.1M | — | ||
| Q2 25 | $34.8M | — | ||
| Q1 25 | $19.7M | — | ||
| Q4 24 | $24.9M | — | ||
| Q3 24 | $12.4M | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $1.1B | $979.9M | ||
| Q3 25 | $1.0B | $928.5M | ||
| Q2 25 | $995.6M | $1.3B | ||
| Q1 25 | $978.4M | $1.2B | ||
| Q4 24 | $958.2M | $1.1B | ||
| Q3 24 | $904.4M | $1.2B | ||
| Q2 24 | $352.5M | $1.1B | ||
| Q1 24 | $344.3M | $1.1B |
| Q4 25 | $1.3B | $5.1B | ||
| Q3 25 | $1.3B | $5.0B | ||
| Q2 25 | $1.2B | $5.4B | ||
| Q1 25 | $1.2B | $5.1B | ||
| Q4 24 | $1.2B | $4.9B | ||
| Q3 24 | $1.1B | $4.9B | ||
| Q2 24 | $1.0B | $4.7B | ||
| Q1 24 | $1.0B | $4.5B |
| Q4 25 | 0.02× | — | ||
| Q3 25 | 0.02× | — | ||
| Q2 25 | 0.03× | — | ||
| Q1 25 | 0.02× | — | ||
| Q4 24 | 0.03× | — | ||
| Q3 24 | 0.01× | — | ||
| 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 | $52.2M | $-85.5M |
| Free Cash FlowOCF − Capex | — | $-90.4M |
| FCF MarginFCF / Revenue | — | -27.1% |
| Capex IntensityCapex / Revenue | — | 1.4% |
| Cash ConversionOCF / Net Profit | 3.74× | -1.51× |
| TTM Free Cash FlowTrailing 4 quarters | — | $-169.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $52.2M | $-85.5M | ||
| Q3 25 | $48.4M | $-10.1M | ||
| Q2 25 | $59.2M | $-12.9M | ||
| Q1 25 | $31.1M | $-52.6M | ||
| Q4 24 | $36.3M | $-94.6M | ||
| Q3 24 | $21.7M | $-35.0M | ||
| Q2 24 | $22.8M | $-29.5M | ||
| Q1 24 | $12.6M | $-73.0M |
| Q4 25 | — | $-90.4M | ||
| Q3 25 | — | $-11.3M | ||
| Q2 25 | — | $-14.2M | ||
| Q1 25 | — | $-53.5M | ||
| Q4 24 | — | $-98.6M | ||
| Q3 24 | — | $-36.1M | ||
| Q2 24 | $16.6M | $-30.8M | ||
| Q1 24 | $7.8M | $-73.5M |
| Q4 25 | — | -27.1% | ||
| Q3 25 | — | -3.6% | ||
| Q2 25 | — | -4.9% | ||
| Q1 25 | — | -19.8% | ||
| Q4 24 | — | -33.6% | ||
| Q3 24 | — | -12.8% | ||
| Q2 24 | 12.7% | -10.8% | ||
| Q1 24 | 6.1% | -28.8% |
| Q4 25 | — | 1.4% | ||
| Q3 25 | — | 0.4% | ||
| Q2 25 | — | 0.4% | ||
| Q1 25 | — | 0.3% | ||
| Q4 24 | — | 1.4% | ||
| Q3 24 | — | 0.4% | ||
| Q2 24 | 4.7% | 0.5% | ||
| Q1 24 | 3.7% | 0.2% |
| Q4 25 | 3.74× | -1.51× | ||
| Q3 25 | 1.23× | — | ||
| Q2 25 | 3.86× | -0.30× | ||
| Q1 25 | 2.11× | -14.37× | ||
| Q4 24 | 1.14× | -5.13× | ||
| Q3 24 | 0.26× | -1.29× | ||
| Q2 24 | 2.39× | -1.37× | ||
| Q1 24 | 0.77× | -21.01× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
INVX
| Products | $202.7M | 74% |
| Leasing | $42.3M | 15% |
| Services | $28.6M | 10% |
PRAA
| GB | $170.1M | 51% |
| Other | $163.3M | 49% |
