vs
Side-by-side financial comparison of FNB CORP (FNB) and Privia Health Group, Inc. (PRVA). Click either name above to swap in a different company.
Privia Health Group, Inc. is the larger business by last-quarter revenue ($541.2M vs $366.0M, roughly 1.5× FNB CORP). FNB CORP runs the higher net margin — 45.9% vs 1.7%, a 44.2% gap on every dollar of revenue. On growth, Privia Health Group, Inc. posted the faster year-over-year revenue change (17.4% vs 13.7%). Over the past eight quarters, Privia Health Group, Inc.'s revenue compounded faster (14.2% CAGR vs 7.1%).
FNB Corporation is a diversified financial services corporation based in Pittsburgh, Pennsylvania, and the holding company for its largest subsidiary, First National Bank. As of December 31, 2025, FNB has total assets of more than $50 billion. FNB's market coverage spans several major metropolitan areas, including Pittsburgh, Pennsylvania; Baltimore, Maryland; Cleveland, Ohio; Washington, D.C.; Charlotte, Raleigh, Durham and the Piedmont Triad in North Carolina; and Charleston, South Carolina...
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.
FNB vs PRVA — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $366.0M | $541.2M |
| Net Profit | $168.0M | $9.2M |
| Gross Margin | — | — |
| Operating Margin | 45.1% | 2.1% |
| Net Margin | 45.9% | 1.7% |
| Revenue YoY | 13.7% | 17.4% |
| Net Profit YoY | 52.7% | 108.0% |
| EPS (diluted) | $0.47 | $0.08 |
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 | $366.0M | $541.2M | ||
| Q3 25 | $359.0M | $580.4M | ||
| Q2 25 | $348.0M | $521.2M | ||
| Q1 25 | $323.0M | $480.1M | ||
| Q4 24 | $322.0M | $460.9M | ||
| Q3 24 | $323.0M | $437.9M | ||
| Q2 24 | $316.0M | $422.3M | ||
| Q1 24 | $319.0M | $415.2M |
| Q4 25 | $168.0M | $9.2M | ||
| Q3 25 | $150.0M | $6.9M | ||
| Q2 25 | $130.0M | $2.7M | ||
| Q1 25 | $117.0M | $4.2M | ||
| Q4 24 | $110.0M | $4.4M | ||
| Q3 24 | $110.0M | $3.5M | ||
| Q2 24 | $123.0M | $3.5M | ||
| Q1 24 | $122.0M | $3.0M |
| Q4 25 | 45.1% | 2.1% | ||
| Q3 25 | 52.9% | 2.5% | ||
| Q2 25 | 47.7% | 0.6% | ||
| Q1 25 | 45.8% | 1.1% | ||
| Q4 24 | 31.7% | 1.1% | ||
| Q3 24 | 43.3% | 1.3% | ||
| Q2 24 | 49.7% | 1.2% | ||
| Q1 24 | 48.9% | 0.2% |
| Q4 25 | 45.9% | 1.7% | ||
| Q3 25 | 41.8% | 1.2% | ||
| Q2 25 | 37.4% | 0.5% | ||
| Q1 25 | 36.2% | 0.9% | ||
| Q4 24 | 34.2% | 1.0% | ||
| Q3 24 | 34.1% | 0.8% | ||
| Q2 24 | 38.9% | 0.8% | ||
| Q1 24 | 38.2% | 0.7% |
| Q4 25 | $0.47 | $0.08 | ||
| Q3 25 | $0.41 | $0.05 | ||
| Q2 25 | $0.36 | $0.02 | ||
| Q1 25 | $0.32 | $0.03 | ||
| Q4 24 | $0.31 | $0.03 | ||
| Q3 24 | $0.30 | $0.03 | ||
| Q2 24 | $0.34 | $0.03 | ||
| Q1 24 | $0.32 | $0.02 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $2.5B | $479.7M |
| Total DebtLower is stronger | $1.9B | — |
| Stockholders' EquityBook value | $6.8B | $737.2M |
| Total Assets | $50.2B | $1.4B |
| Debt / EquityLower = less leverage | 0.28× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.5B | $479.7M | ||
| Q3 25 | $2.4B | $441.4M | ||
| Q2 25 | $2.4B | $390.1M | ||
| Q1 25 | $2.4B | $469.3M | ||
| Q4 24 | $2.4B | $491.1M | ||
| Q3 24 | $2.1B | $422.0M | ||
| Q2 24 | $1.9B | $387.4M | ||
| Q1 24 | $1.5B | $351.1M |
| Q4 25 | $1.9B | — | ||
| Q3 25 | $2.1B | — | ||
| Q2 25 | $2.7B | — | ||
| Q1 25 | $2.5B | — | ||
| Q4 24 | $3.0B | — | ||
| Q3 24 | $2.5B | — | ||
| Q2 24 | $2.0B | — | ||
| Q1 24 | $2.1B | — |
| Q4 25 | $6.8B | $737.2M | ||
| Q3 25 | $6.6B | $709.1M | ||
| Q2 25 | $6.5B | $682.9M | ||
| Q1 25 | $6.4B | $659.4M | ||
| Q4 24 | $6.3B | $635.2M | ||
| Q3 24 | $6.2B | $614.9M | ||
| Q2 24 | $6.1B | $595.4M | ||
| Q1 24 | $6.0B | $576.8M |
| Q4 25 | $50.2B | $1.4B | ||
| Q3 25 | $49.9B | $1.4B | ||
| Q2 25 | $49.7B | $1.3B | ||
| Q1 25 | $49.0B | $1.2B | ||
| Q4 24 | $48.6B | $1.1B | ||
| Q3 24 | $48.0B | $1.1B | ||
| Q2 24 | $47.7B | $1.1B | ||
| Q1 24 | $45.9B | $1.0B |
| Q4 25 | 0.28× | — | ||
| Q3 25 | 0.32× | — | ||
| Q2 25 | 0.41× | — | ||
| Q1 25 | 0.39× | — | ||
| Q4 24 | 0.48× | — | ||
| Q3 24 | 0.40× | — | ||
| Q2 24 | 0.33× | — | ||
| Q1 24 | 0.35× | — |
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 | $128.0M | $127.5M |
| Free Cash FlowOCF − Capex | $99.0M | — |
| FCF MarginFCF / Revenue | 27.0% | — |
| Capex IntensityCapex / Revenue | 7.9% | — |
| Cash ConversionOCF / Net Profit | 0.76× | 13.93× |
| TTM Free Cash FlowTrailing 4 quarters | $376.0M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $128.0M | $127.5M | ||
| Q3 25 | $167.0M | $52.0M | ||
| Q2 25 | $123.0M | $8.0M | ||
| Q1 25 | $64.0M | $-24.1M | ||
| Q4 24 | $326.0M | $74.8M | ||
| Q3 24 | $-14.0M | $33.2M | ||
| Q2 24 | $85.0M | $34.5M | ||
| Q1 24 | $245.0M | $-33.1M |
| Q4 25 | $99.0M | — | ||
| Q3 25 | $149.0M | — | ||
| Q2 25 | $85.0M | — | ||
| Q1 25 | $43.0M | — | ||
| Q4 24 | $278.0M | — | ||
| Q3 24 | $-46.0M | — | ||
| Q2 24 | $55.0M | — | ||
| Q1 24 | $216.0M | — |
| Q4 25 | 27.0% | — | ||
| Q3 25 | 41.5% | — | ||
| Q2 25 | 24.4% | — | ||
| Q1 25 | 13.3% | — | ||
| Q4 24 | 86.3% | — | ||
| Q3 24 | -14.2% | — | ||
| Q2 24 | 17.4% | — | ||
| Q1 24 | 67.7% | — |
| Q4 25 | 7.9% | — | ||
| Q3 25 | 5.0% | — | ||
| Q2 25 | 10.9% | — | ||
| Q1 25 | 6.5% | — | ||
| Q4 24 | 14.9% | — | ||
| Q3 24 | 9.9% | — | ||
| Q2 24 | 9.5% | — | ||
| Q1 24 | 9.1% | — |
| Q4 25 | 0.76× | 13.93× | ||
| Q3 25 | 1.11× | 7.58× | ||
| Q2 25 | 0.95× | 2.97× | ||
| Q1 25 | 0.55× | -5.70× | ||
| Q4 24 | 2.96× | 17.00× | ||
| Q3 24 | -0.13× | 9.38× | ||
| Q2 24 | 0.69× | 9.94× | ||
| Q1 24 | 2.01× | -11.10× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FNB
Segment breakdown not available.
PRVA
| FFS Patient Care | $364.4M | 67% |
| Capitated Revenue | $71.4M | 13% |
| Shared Savings | $46.9M | 9% |
| FFS Administrative Services | $36.0M | 7% |
| Care Management Fee PMPM | $20.0M | 4% |
| Other Revenue | $2.5M | 0% |