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Side-by-side financial comparison of Paylocity Holding Corp (PCTY) and PRA GROUP INC (PRAA). Click either name above to swap in a different company.
Paylocity Holding Corp is the larger business by last-quarter revenue ($387.0M vs $333.4M, roughly 1.2× PRA GROUP INC). PRA GROUP INC runs the higher net margin — 17.0% vs 13.0%, a 4.0% gap on every dollar of revenue. On growth, PRA GROUP INC posted the faster year-over-year revenue change (13.7% vs 11.3%). Paylocity Holding Corp produced more free cash flow last quarter ($113.6M vs $-90.4M). Over the past eight quarters, PRA GROUP INC's revenue compounded faster (14.2% CAGR vs 2.7%).
Paylocity Holding Corporation is an American provider of cloud-based payroll, , spend management, and human capital management (HCM) software.
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.
PCTY vs PRAA — Head-to-Head
Income Statement — Q2 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $387.0M | $333.4M |
| Net Profit | $50.2M | $56.5M |
| Gross Margin | 72.9% | — |
| Operating Margin | 18.2% | 37.7% |
| Net Margin | 13.0% | 17.0% |
| Revenue YoY | 11.3% | 13.7% |
| Net Profit YoY | 34.0% | 206.3% |
| EPS (diluted) | $0.92 | $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 | $387.0M | $333.4M | ||
| Q3 25 | $378.9M | $311.1M | ||
| Q2 25 | $369.9M | $287.7M | ||
| Q1 25 | $421.1M | $269.6M | ||
| Q4 24 | $347.7M | $293.2M | ||
| Q3 24 | $333.1M | $281.5M | ||
| Q2 24 | $324.7M | $284.2M | ||
| Q1 24 | $366.8M | $255.6M |
| Q4 25 | $50.2M | $56.5M | ||
| Q3 25 | $48.0M | $-407.7M | ||
| Q2 25 | $48.6M | $42.4M | ||
| Q1 25 | $91.5M | $3.7M | ||
| Q4 24 | $37.5M | $18.5M | ||
| Q3 24 | $49.6M | $27.2M | ||
| Q2 24 | $48.8M | $21.5M | ||
| Q1 24 | $85.3M | $3.5M |
| Q4 25 | 72.9% | — | ||
| Q3 25 | 73.9% | — | ||
| Q2 25 | 73.5% | — | ||
| Q1 25 | 77.1% | — | ||
| Q4 24 | 72.6% | — | ||
| Q3 24 | 74.4% | — | ||
| Q2 24 | 74.0% | — | ||
| Q1 24 | 77.8% | — |
| Q4 25 | 18.2% | 37.7% | ||
| Q3 25 | 19.6% | -101.4% | ||
| Q2 25 | 17.9% | 29.6% | ||
| Q1 25 | 30.2% | 27.7% | ||
| Q4 24 | 13.4% | 32.1% | ||
| Q3 24 | 19.3% | 32.0% | ||
| Q2 24 | 19.4% | 31.4% | ||
| Q1 24 | 29.0% | 26.0% |
| Q4 25 | 13.0% | 17.0% | ||
| Q3 25 | 12.7% | -131.0% | ||
| Q2 25 | 13.1% | 14.7% | ||
| Q1 25 | 21.7% | 1.4% | ||
| Q4 24 | 10.8% | 6.3% | ||
| Q3 24 | 14.9% | 9.6% | ||
| Q2 24 | 15.0% | 7.6% | ||
| Q1 24 | 23.3% | 1.4% |
| Q4 25 | $0.92 | $1.47 | ||
| Q3 25 | $0.86 | $-10.43 | ||
| Q2 25 | $0.87 | $1.08 | ||
| Q1 25 | $1.61 | $0.09 | ||
| Q4 24 | $0.66 | $0.47 | ||
| Q3 24 | $0.88 | $0.69 | ||
| Q2 24 | $0.85 | $0.54 | ||
| Q1 24 | $1.50 | $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 | $162.5M | $104.4M |
| Total DebtLower is stronger | $81.3M | — |
| Stockholders' EquityBook value | $1.1B | $979.9M |
| Total Assets | $7.0B | $5.1B |
| Debt / EquityLower = less leverage | 0.07× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $162.5M | $104.4M | ||
| Q3 25 | $165.2M | $107.5M | ||
| Q2 25 | $398.1M | $131.6M | ||
| Q1 25 | $477.8M | $128.7M | ||
| Q4 24 | $482.4M | $105.9M | ||
| Q3 24 | $778.5M | $141.1M | ||
| Q2 24 | $401.8M | $118.9M | ||
| Q1 24 | $492.7M | $108.1M |
| Q4 25 | $81.3M | — | ||
| Q3 25 | $81.3M | — | ||
| Q2 25 | $162.5M | — | ||
| Q1 25 | $243.8M | — | ||
| Q4 24 | $325.0M | — | ||
| Q3 24 | $325.0M | — | ||
| Q2 24 | $0 | — | ||
| Q1 24 | — | — |
| Q4 25 | $1.1B | $979.9M | ||
| Q3 25 | $1.1B | $928.5M | ||
| Q2 25 | $1.2B | $1.3B | ||
| Q1 25 | $1.2B | $1.2B | ||
| Q4 24 | $1.2B | $1.1B | ||
| Q3 24 | $1.1B | $1.2B | ||
| Q2 24 | $1.0B | $1.1B | ||
| Q1 24 | $1.1B | $1.1B |
| Q4 25 | $7.0B | $5.1B | ||
| Q3 25 | $4.2B | $5.0B | ||
| Q2 25 | $4.4B | $5.4B | ||
| Q1 25 | $5.2B | $5.1B | ||
| Q4 24 | $5.3B | $4.9B | ||
| Q3 24 | $4.0B | $4.9B | ||
| Q2 24 | $4.2B | $4.7B | ||
| Q1 24 | $5.0B | $4.5B |
| Q4 25 | 0.07× | — | ||
| Q3 25 | 0.07× | — | ||
| Q2 25 | 0.13× | — | ||
| Q1 25 | 0.20× | — | ||
| Q4 24 | 0.28× | — | ||
| Q3 24 | 0.29× | — | ||
| Q2 24 | 0.00× | — | ||
| 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 | $117.0M | $-85.5M |
| Free Cash FlowOCF − Capex | $113.6M | $-90.4M |
| FCF MarginFCF / Revenue | 29.4% | -27.1% |
| Capex IntensityCapex / Revenue | 0.9% | 1.4% |
| Cash ConversionOCF / Net Profit | 2.33× | -1.51× |
| TTM Free Cash FlowTrailing 4 quarters | $461.1M | $-169.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $117.0M | $-85.5M | ||
| Q3 25 | $86.5M | $-10.1M | ||
| Q2 25 | $86.6M | $-12.9M | ||
| Q1 25 | $186.0M | $-52.6M | ||
| Q4 24 | $54.2M | $-94.6M | ||
| Q3 24 | $91.5M | $-35.0M | ||
| Q2 24 | $79.9M | $-29.5M | ||
| Q1 24 | $167.5M | $-73.0M |
| Q4 25 | $113.6M | $-90.4M | ||
| Q3 25 | $82.7M | $-11.3M | ||
| Q2 25 | $81.1M | $-14.2M | ||
| Q1 25 | $183.7M | $-53.5M | ||
| Q4 24 | $51.2M | $-98.6M | ||
| Q3 24 | $89.1M | $-36.1M | ||
| Q2 24 | $73.6M | $-30.8M | ||
| Q1 24 | $162.0M | $-73.5M |
| Q4 25 | 29.4% | -27.1% | ||
| Q3 25 | 21.8% | -3.6% | ||
| Q2 25 | 21.9% | -4.9% | ||
| Q1 25 | 43.6% | -19.8% | ||
| Q4 24 | 14.7% | -33.6% | ||
| Q3 24 | 26.8% | -12.8% | ||
| Q2 24 | 22.7% | -10.8% | ||
| Q1 24 | 44.2% | -28.8% |
| Q4 25 | 0.9% | 1.4% | ||
| Q3 25 | 1.0% | 0.4% | ||
| Q2 25 | 1.5% | 0.4% | ||
| Q1 25 | 0.5% | 0.3% | ||
| Q4 24 | 0.9% | 1.4% | ||
| Q3 24 | 0.7% | 0.4% | ||
| Q2 24 | 1.9% | 0.5% | ||
| Q1 24 | 1.5% | 0.2% |
| Q4 25 | 2.33× | -1.51× | ||
| Q3 25 | 1.80× | — | ||
| Q2 25 | 1.78× | -0.30× | ||
| Q1 25 | 2.03× | -14.37× | ||
| Q4 24 | 1.45× | -5.13× | ||
| Q3 24 | 1.84× | -1.29× | ||
| Q2 24 | 1.64× | -1.37× | ||
| Q1 24 | 1.96× | -21.01× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
PCTY
| Recurring Fees | $370.1M | 96% |
| Implementation Services And Other | $16.9M | 4% |
PRAA
| GB | $170.1M | 51% |
| Other | $163.3M | 49% |
