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Side-by-side financial comparison of KILROY REALTY CORP (KRC) 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 $272.2M, roughly 2.0× KILROY REALTY CORP). KILROY REALTY CORP runs the higher net margin — 6.3% vs 1.7%, a 4.6% gap on every dollar of revenue. On growth, Privia Health Group, Inc. posted the faster year-over-year revenue change (17.4% vs -5.0%). Over the past eight quarters, Privia Health Group, Inc.'s revenue compounded faster (14.2% CAGR vs -1.2%).

Kilroy Realty Corp is a leading U.S. real estate investment trust that develops, owns, and operates premium office, life science, and mixed-use properties primarily across high-growth West Coast markets including Los Angeles, San Francisco, Seattle, and San Diego. It serves tenants across the technology, life sciences, media, and creative sectors, with a core focus on delivering sustainable, future-ready workspaces tailored to modern business needs.

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.

KRC vs PRVA — Head-to-Head

Bigger by revenue
PRVA
PRVA
2.0× larger
PRVA
$541.2M
$272.2M
KRC
Growing faster (revenue YoY)
PRVA
PRVA
+22.4% gap
PRVA
17.4%
-5.0%
KRC
Higher net margin
KRC
KRC
4.6% more per $
KRC
6.3%
1.7%
PRVA
Faster 2-yr revenue CAGR
PRVA
PRVA
Annualised
PRVA
14.2%
-1.2%
KRC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
KRC
KRC
PRVA
PRVA
Revenue
$272.2M
$541.2M
Net Profit
$17.1M
$9.2M
Gross Margin
Operating Margin
2.1%
Net Margin
6.3%
1.7%
Revenue YoY
-5.0%
17.4%
Net Profit YoY
-73.7%
108.0%
EPS (diluted)
$0.11
$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.

Revenue
KRC
KRC
PRVA
PRVA
Q4 25
$272.2M
$541.2M
Q3 25
$279.7M
$580.4M
Q2 25
$289.9M
$521.2M
Q1 25
$270.8M
$480.1M
Q4 24
$286.4M
$460.9M
Q3 24
$289.9M
$437.9M
Q2 24
$280.7M
$422.3M
Q1 24
$278.6M
$415.2M
Net Profit
KRC
KRC
PRVA
PRVA
Q4 25
$17.1M
$9.2M
Q3 25
$162.3M
$6.9M
Q2 25
$79.6M
$2.7M
Q1 25
$43.7M
$4.2M
Q4 24
$65.0M
$4.4M
Q3 24
$57.7M
$3.5M
Q2 24
$54.5M
$3.5M
Q1 24
$55.7M
$3.0M
Operating Margin
KRC
KRC
PRVA
PRVA
Q4 25
2.1%
Q3 25
2.5%
Q2 25
0.6%
Q1 25
1.1%
Q4 24
1.1%
Q3 24
1.3%
Q2 24
1.2%
Q1 24
0.2%
Net Margin
KRC
KRC
PRVA
PRVA
Q4 25
6.3%
1.7%
Q3 25
58.0%
1.2%
Q2 25
27.4%
0.5%
Q1 25
16.1%
0.9%
Q4 24
22.7%
1.0%
Q3 24
19.9%
0.8%
Q2 24
19.4%
0.8%
Q1 24
20.0%
0.7%
EPS (diluted)
KRC
KRC
PRVA
PRVA
Q4 25
$0.11
$0.08
Q3 25
$1.31
$0.05
Q2 25
$0.57
$0.02
Q1 25
$0.33
$0.03
Q4 24
$0.50
$0.03
Q3 24
$0.44
$0.03
Q2 24
$0.41
$0.03
Q1 24
$0.42
$0.02

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
KRC
KRC
PRVA
PRVA
Cash + ST InvestmentsLiquidity on hand
$179.3M
$479.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$5.4B
$737.2M
Total Assets
$10.9B
$1.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KRC
KRC
PRVA
PRVA
Q4 25
$179.3M
$479.7M
Q3 25
$372.4M
$441.4M
Q2 25
$193.1M
$390.1M
Q1 25
$146.7M
$469.3M
Q4 24
$165.7M
$491.1M
Q3 24
$625.4M
$422.0M
Q2 24
$835.9M
$387.4M
Q1 24
$855.0M
$351.1M
Stockholders' Equity
KRC
KRC
PRVA
PRVA
Q4 25
$5.4B
$737.2M
Q3 25
$5.5B
$709.1M
Q2 25
$5.4B
$682.9M
Q1 25
$5.4B
$659.4M
Q4 24
$5.4B
$635.2M
Q3 24
$5.4B
$614.9M
Q2 24
$5.4B
$595.4M
Q1 24
$5.4B
$576.8M
Total Assets
KRC
KRC
PRVA
PRVA
Q4 25
$10.9B
$1.4B
Q3 25
$11.0B
$1.4B
Q2 25
$10.9B
$1.3B
Q1 25
$10.9B
$1.2B
Q4 24
$10.9B
$1.1B
Q3 24
$11.4B
$1.1B
Q2 24
$11.5B
$1.1B
Q1 24
$11.6B
$1.0B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
KRC
KRC
PRVA
PRVA
Operating Cash FlowLast quarter
$566.3M
$127.5M
Free Cash FlowOCF − Capex
$450.3M
FCF MarginFCF / Revenue
165.4%
Capex IntensityCapex / Revenue
42.6%
Cash ConversionOCF / Net Profit
33.10×
13.93×
TTM Free Cash FlowTrailing 4 quarters
$833.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
KRC
KRC
PRVA
PRVA
Q4 25
$566.3M
$127.5M
Q3 25
$176.6M
$52.0M
Q2 25
$143.7M
$8.0M
Q1 25
$136.9M
$-24.1M
Q4 24
$541.1M
$74.8M
Q3 24
$176.3M
$33.2M
Q2 24
$88.7M
$34.5M
Q1 24
$167.9M
$-33.1M
Free Cash Flow
KRC
KRC
PRVA
PRVA
Q4 25
$450.3M
Q3 25
$148.7M
Q2 25
$118.4M
Q1 25
$115.6M
Q4 24
$440.8M
Q3 24
$147.2M
Q2 24
$69.5M
Q1 24
$151.9M
FCF Margin
KRC
KRC
PRVA
PRVA
Q4 25
165.4%
Q3 25
53.1%
Q2 25
40.9%
Q1 25
42.7%
Q4 24
153.9%
Q3 24
50.8%
Q2 24
24.7%
Q1 24
54.5%
Capex Intensity
KRC
KRC
PRVA
PRVA
Q4 25
42.6%
Q3 25
10.0%
Q2 25
8.7%
Q1 25
7.9%
Q4 24
35.0%
Q3 24
10.1%
Q2 24
6.8%
Q1 24
5.7%
Cash Conversion
KRC
KRC
PRVA
PRVA
Q4 25
33.10×
13.93×
Q3 25
1.09×
7.58×
Q2 25
1.81×
2.97×
Q1 25
3.13×
-5.70×
Q4 24
8.32×
17.00×
Q3 24
3.06×
9.38×
Q2 24
1.63×
9.94×
Q1 24
3.01×
-11.10×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

KRC
KRC

Segment breakdown not available.

PRVA
PRVA

FFS Patient Care$364.4M67%
Capitated Revenue$71.4M13%
Shared Savings$46.9M9%
FFS Administrative Services$36.0M7%
Care Management Fee PMPM$20.0M4%
Other Revenue$2.5M0%

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