Privia Health Group, Inc.PRVAEarnings & Financial Report
Privia Health Group, Inc. is a U.S.-headquartered healthcare technology and services firm supporting independent practices, health systems, and payers delivering value-based care. It offers population health tools, patient engagement platforms, care coordination support, and workflow solutions to boost patient outcomes and cut operational costs for U.S. healthcare stakeholders.
PRVA Q1 FY2026 Key Financial Metrics
Revenue
$603.8M
Gross Profit
$125.6M
Operating Profit
$7.4M
Net Profit
$3.7M
Gross Margin
20.8%
Operating Margin
1.2%
Net Margin
0.6%
YoY Growth
25.8%
EPS
$0.02
Privia Health Group, Inc. Q1 FY2026 Financial Summary
Privia Health Group, Inc. reported revenue of $603.8M (up 25.8% YoY) for Q1 FY2026, with a net profit of $3.7M (down 27.4% YoY) (0.6% margin). Cost of goods sold was $478.2M, operating expenses totaled $118.2M.
Key Financial Metrics
| Total Revenue | $603.8M |
|---|---|
| Net Profit | $3.7M |
| Gross Margin | 20.8% |
| Operating Margin | 1.2% |
| Report Period | Q1 FY2026 |
Revenue Breakdown
Privia Health Group, Inc. Q1 FY2026 revenue of $603.8M breaks down across 6 segments, led by FFS-patient care at $391.1M (64.8% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| FFS-patient care | $391.1M | 64.8% |
| Capitated revenue | $86.1M | 14.3% |
| Other | $75.0M | 12.4% |
| FFS-administrative services | $31.4M | 5.2% |
| Care management fees (PMPM) | $17.9M | 3.0% |
| Other revenue | $2.3M | 0.4% |
Privia Health Group, Inc. Annual Revenue by Year
Privia Health Group, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $2.1B).
Privia Health Group, Inc. Quarterly Revenue & Net Profit History
Privia Health Group, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $603.8M | +25.8% | $3.7M | 0.6% |
| Q4 FY2025 | $541.2M | +17.4% | $9.2M | 1.7% |
| Q3 FY2025 | $580.4M | +32.5% | $6.9M | 1.2% |
| Q2 FY2025 | $521.2M | +23.4% | $2.7M | 0.5% |
| Q1 FY2025 | $480.1M | +15.6% | $4.2M | 0.9% |
| Q4 FY2024 | $460.9M | +4.6% | $4.4M | 1.0% |
| Q3 FY2024 | $437.9M | +4.9% | $3.5M | 0.8% |
| Q2 FY2024 | $422.3M | +2.2% | $3.5M | 0.8% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $422.3M | $437.9M | $460.9M | $480.1M | $521.2M | $580.4M | $541.2M | $603.8M |
| YoY Growth | 2.2% | 4.9% | 4.6% | 15.6% | 23.4% | 32.5% | 17.4% | 25.8% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $1.08B | $1.15B | $1.14B | $1.18B | $1.27B | $1.35B | $1.37B | $1.42B |
| Liabilities | $434.0M | $483.4M | $452.3M | $474.0M | $539.0M | $588.2M | $578.4M | $612.0M |
| Equity | $595.4M | $614.9M | $635.2M | $659.4M | $682.9M | $709.1M | $737.2M | $805.9M |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $34.5M | $33.2M | $74.8M | $-24.1M | $8.0M | $52.0M | $127.5M | $-49.5M |