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Side-by-side financial comparison of PRA GROUP INC (PRAA) and Wheels Up Experience Inc. (UP). Click either name above to swap in a different company.
PRA GROUP INC is the larger business by last-quarter revenue ($333.4M vs $183.8M, roughly 1.8× Wheels Up Experience Inc.). PRA GROUP INC runs the higher net margin — 17.0% vs -15.7%, a 32.7% gap on every dollar of revenue. On growth, PRA GROUP INC posted the faster year-over-year revenue change (13.7% vs -10.2%). Wheels Up Experience Inc. produced more free cash flow last quarter ($-58.3M vs $-90.4M). Over the past eight quarters, PRA GROUP INC's revenue compounded faster (14.2% CAGR vs -3.4%).
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.
Wheels Up is a provider of "on demand" private aviation in the United States and one of the largest private aviation companies in the world. It was founded in 2013 by Kenny Dichter, using a membership/on-demand business model. Wheels Up members can book private aircraft from the company fleet and third-party operators using a mobile application.
PRAA vs UP — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $333.4M | $183.8M |
| Net Profit | $56.5M | $-28.9M |
| Gross Margin | — | 14.3% |
| Operating Margin | 37.7% | -0.9% |
| Net Margin | 17.0% | -15.7% |
| Revenue YoY | 13.7% | -10.2% |
| Net Profit YoY | 206.3% | 67.0% |
| EPS (diluted) | $1.47 | $-0.04 |
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 | $333.4M | $183.8M | ||
| Q3 25 | $311.1M | $185.5M | ||
| Q2 25 | $287.7M | $189.6M | ||
| Q1 25 | $269.6M | $177.5M | ||
| Q4 24 | $293.2M | $204.8M | ||
| Q3 24 | $281.5M | $193.9M | ||
| Q2 24 | $284.2M | $196.3M | ||
| Q1 24 | $255.6M | $197.1M |
| Q4 25 | $56.5M | $-28.9M | ||
| Q3 25 | $-407.7M | $-83.7M | ||
| Q2 25 | $42.4M | $-82.3M | ||
| Q1 25 | $3.7M | $-99.3M | ||
| Q4 24 | $18.5M | $-87.5M | ||
| Q3 24 | $27.2M | $-57.7M | ||
| Q2 24 | $21.5M | $-97.0M | ||
| Q1 24 | $3.5M | $-97.4M |
| Q4 25 | — | 14.3% | ||
| Q3 25 | — | 6.8% | ||
| Q2 25 | — | 8.3% | ||
| Q1 25 | — | 10.8% | ||
| Q4 24 | — | 13.9% | ||
| Q3 24 | — | 13.9% | ||
| Q2 24 | — | 2.3% | ||
| Q1 24 | — | -0.6% |
| Q4 25 | 37.7% | -0.9% | ||
| Q3 25 | -101.4% | -33.1% | ||
| Q2 25 | 29.6% | -31.4% | ||
| Q1 25 | 27.7% | -45.5% | ||
| Q4 24 | 32.1% | -26.0% | ||
| Q3 24 | 32.0% | -21.6% | ||
| Q2 24 | 31.4% | -40.3% | ||
| Q1 24 | 26.0% | -42.9% |
| Q4 25 | 17.0% | -15.7% | ||
| Q3 25 | -131.0% | -45.1% | ||
| Q2 25 | 14.7% | -43.4% | ||
| Q1 25 | 1.4% | -55.9% | ||
| Q4 24 | 6.3% | -42.7% | ||
| Q3 24 | 9.6% | -29.8% | ||
| Q2 24 | 7.6% | -49.4% | ||
| Q1 24 | 1.4% | -49.4% |
| Q4 25 | $1.47 | $-0.04 | ||
| Q3 25 | $-10.43 | $-0.12 | ||
| Q2 25 | $1.08 | $-0.12 | ||
| Q1 25 | $0.09 | $-0.14 | ||
| Q4 24 | $0.47 | $-0.13 | ||
| Q3 24 | $0.69 | $-0.08 | ||
| Q2 24 | $0.54 | $-0.14 | ||
| Q1 24 | $0.09 | $-0.14 |
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 | $133.9M |
| Total DebtLower is stronger | — | $671.3M |
| Stockholders' EquityBook value | $979.9M | $-392.1M |
| Total Assets | $5.1B | $968.8M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $104.4M | $133.9M | ||
| Q3 25 | $107.5M | $125.3M | ||
| Q2 25 | $131.6M | $107.0M | ||
| Q1 25 | $128.7M | $171.8M | ||
| Q4 24 | $105.9M | $216.4M | ||
| Q3 24 | $141.1M | $115.9M | ||
| Q2 24 | $118.9M | $141.5M | ||
| Q1 24 | $108.1M | $180.9M |
| Q4 25 | — | $671.3M | ||
| Q3 25 | — | $766.5M | ||
| Q2 25 | — | $770.5M | ||
| Q1 25 | — | $765.8M | ||
| Q4 24 | — | $761.3M | ||
| Q3 24 | — | $596.9M | ||
| Q2 24 | — | $597.4M | ||
| Q1 24 | — | $603.2M |
| Q4 25 | $979.9M | $-392.1M | ||
| Q3 25 | $928.5M | $-374.5M | ||
| Q2 25 | $1.3B | $-347.8M | ||
| Q1 25 | $1.2B | $-288.1M | ||
| Q4 24 | $1.1B | $-202.1M | ||
| Q3 24 | $1.2B | $-117.7M | ||
| Q2 24 | $1.1B | $-72.2M | ||
| Q1 24 | $1.1B | $936.0K |
| Q4 25 | $5.1B | $968.8M | ||
| Q3 25 | $5.0B | $973.0M | ||
| Q2 25 | $5.4B | $1.0B | ||
| Q1 25 | $5.1B | $1.1B | ||
| Q4 24 | $4.9B | $1.2B | ||
| Q3 24 | $4.9B | $1.0B | ||
| Q2 24 | $4.7B | $1.1B | ||
| Q1 24 | $4.5B | $1.2B |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 644.43× |
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 | $-85.5M | $-18.4M |
| Free Cash FlowOCF − Capex | $-90.4M | $-58.3M |
| FCF MarginFCF / Revenue | -27.1% | -31.7% |
| Capex IntensityCapex / Revenue | 1.4% | 21.7% |
| Cash ConversionOCF / Net Profit | -1.51× | — |
| TTM Free Cash FlowTrailing 4 quarters | $-169.4M | $-259.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-85.5M | $-18.4M | ||
| Q3 25 | $-10.1M | $-37.1M | ||
| Q2 25 | $-12.9M | $-62.9M | ||
| Q1 25 | $-52.6M | $-47.9M | ||
| Q4 24 | $-94.6M | $37.9M | ||
| Q3 24 | $-35.0M | $-16.9M | ||
| Q2 24 | $-29.5M | $-25.2M | ||
| Q1 24 | $-73.0M | $-73.8M |
| Q4 25 | $-90.4M | $-58.3M | ||
| Q3 25 | $-11.3M | $-60.4M | ||
| Q2 25 | $-14.2M | $-78.6M | ||
| Q1 25 | $-53.5M | $-62.6M | ||
| Q4 24 | $-98.6M | $-70.2M | ||
| Q3 24 | $-36.1M | $-21.9M | ||
| Q2 24 | $-30.8M | $-30.8M | ||
| Q1 24 | $-73.5M | $-77.8M |
| Q4 25 | -27.1% | -31.7% | ||
| Q3 25 | -3.6% | -32.6% | ||
| Q2 25 | -4.9% | -41.5% | ||
| Q1 25 | -19.8% | -35.3% | ||
| Q4 24 | -33.6% | -34.3% | ||
| Q3 24 | -12.8% | -11.3% | ||
| Q2 24 | -10.8% | -15.7% | ||
| Q1 24 | -28.8% | -39.5% |
| Q4 25 | 1.4% | 21.7% | ||
| Q3 25 | 0.4% | 12.5% | ||
| Q2 25 | 0.4% | 8.3% | ||
| Q1 25 | 0.3% | 8.3% | ||
| Q4 24 | 1.4% | 52.8% | ||
| Q3 24 | 0.4% | 2.6% | ||
| Q2 24 | 0.5% | 2.9% | ||
| Q1 24 | 0.2% | 2.0% |
| 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× | — | ||
| Q1 24 | -21.01× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
PRAA
| GB | $170.1M | 51% |
| Other | $163.3M | 49% |
UP
Segment breakdown not available.
