vs
Side-by-side financial comparison of P3 Health Partners Inc. (PIII) and TOMPKINS FINANCIAL CORP (TMP). Click either name above to swap in a different company.
P3 Health Partners Inc. is the larger business by last-quarter revenue ($384.8M vs $194.8M, roughly 2.0× TOMPKINS FINANCIAL CORP). TOMPKINS FINANCIAL CORP runs the higher net margin — 49.4% vs -19.6%, a 69.0% gap on every dollar of revenue. On growth, TOMPKINS FINANCIAL CORP posted the faster year-over-year revenue change (152.7% vs 3.8%). Over the past eight quarters, TOMPKINS FINANCIAL CORP's revenue compounded faster (63.6% CAGR vs -0.5%).
P3 Health Partners Inc. is a population health management and value-based care services firm operating primarily in the United States. It partners with primary care providers and health systems to deliver coordinated, high-quality care for patient populations, especially Medicare Advantage beneficiaries, focusing on improving health outcomes and lowering unnecessary healthcare costs.
Tompkins Financial Corporation is a small, diversified financial services company based in Ithaca, New York. It is the parent of the Tompkins Trust Company, as well as several other banks, an insurance agency, and a wealth management division.
PIII vs TMP — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $384.8M | $194.8M |
| Net Profit | $-75.5M | $96.2M |
| Gross Margin | — | — |
| Operating Margin | -40.0% | 71.7% |
| Net Margin | -19.6% | 49.4% |
| Revenue YoY | 3.8% | 152.7% |
| Net Profit YoY | -28.8% | 388.9% |
| EPS (diluted) | $-23.08 | $6.72 |
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 | $384.8M | $194.8M | ||
| Q3 25 | $345.3M | $87.4M | ||
| Q2 25 | $355.8M | $82.6M | ||
| Q1 25 | $373.2M | $81.7M | ||
| Q4 24 | $370.7M | $77.1M | ||
| Q3 24 | $362.1M | $76.6M | ||
| Q2 24 | $379.2M | $72.7M | ||
| Q1 24 | $388.5M | $72.8M |
| Q4 25 | $-75.5M | $96.2M | ||
| Q3 25 | $-31.6M | $23.7M | ||
| Q2 25 | $-20.4M | $21.5M | ||
| Q1 25 | $-20.5M | $19.7M | ||
| Q4 24 | $-58.6M | $19.7M | ||
| Q3 24 | $-46.5M | $18.6M | ||
| Q2 24 | $-12.0M | $15.7M | ||
| Q1 24 | $-18.7M | $16.9M |
| Q4 25 | -40.0% | 71.7% | ||
| Q3 25 | -12.8% | 35.6% | ||
| Q2 25 | -9.6% | 34.2% | ||
| Q1 25 | -10.2% | 31.6% | ||
| Q4 24 | -37.4% | 33.4% | ||
| Q3 24 | -29.5% | 32.0% | ||
| Q2 24 | -8.3% | 28.3% | ||
| Q1 24 | -11.3% | 30.4% |
| Q4 25 | -19.6% | 49.4% | ||
| Q3 25 | -9.1% | 27.1% | ||
| Q2 25 | -5.7% | 26.0% | ||
| Q1 25 | -5.5% | 24.1% | ||
| Q4 24 | -15.8% | 25.5% | ||
| Q3 24 | -12.8% | 24.3% | ||
| Q2 24 | -3.2% | 21.6% | ||
| Q1 24 | -4.8% | 23.2% |
| Q4 25 | $-23.08 | $6.72 | ||
| Q3 25 | $-9.67 | $1.65 | ||
| Q2 25 | $-6.23 | $1.50 | ||
| Q1 25 | $-6.28 | $1.37 | ||
| Q4 24 | $-23.13 | $1.39 | ||
| Q3 24 | $-15.70 | $1.30 | ||
| Q2 24 | $-7.37 | $1.10 | ||
| Q1 24 | $-7.86 | $1.18 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $25.0M | $132.8M |
| Total DebtLower is stronger | $228.4M | — |
| Stockholders' EquityBook value | $-155.2M | $938.4M |
| Total Assets | $656.6M | $8.7B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $25.0M | $132.8M | ||
| Q3 25 | $37.7M | $193.5M | ||
| Q2 25 | $38.6M | $212.6M | ||
| Q1 25 | $40.1M | $193.1M | ||
| Q4 24 | $38.8M | $134.4M | ||
| Q3 24 | $63.0M | $132.3M | ||
| Q2 24 | $73.1M | $70.9M | ||
| Q1 24 | $27.3M | $57.1M |
| Q4 25 | $228.4M | — | ||
| Q3 25 | $252.8M | — | ||
| Q2 25 | $182.0M | — | ||
| Q1 25 | $171.1M | — | ||
| Q4 24 | $108.9M | — | ||
| Q3 24 | $133.2M | — | ||
| Q2 24 | $133.1M | — | ||
| Q1 24 | $118.1M | — |
| Q4 25 | $-155.2M | $938.4M | ||
| Q3 25 | $-18.7M | $788.8M | ||
| Q2 25 | $44.5M | $761.8M | ||
| Q1 25 | $63.3M | $741.4M | ||
| Q4 24 | $75.9M | $713.4M | ||
| Q3 24 | $120.5M | $719.9M | ||
| Q2 24 | $166.8M | $674.6M | ||
| Q1 24 | $146.6M | $667.9M |
| Q4 25 | $656.6M | $8.7B | ||
| Q3 25 | $683.6M | $8.5B | ||
| Q2 25 | $731.6M | $8.4B | ||
| Q1 25 | $783.9M | $8.2B | ||
| Q4 24 | $783.4M | $8.1B | ||
| Q3 24 | $833.3M | $8.0B | ||
| Q2 24 | $892.8M | $7.9B | ||
| Q1 24 | $855.9M | $7.8B |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 4.09× | — | ||
| Q1 25 | 2.71× | — | ||
| Q4 24 | 1.43× | — | ||
| Q3 24 | 1.11× | — | ||
| Q2 24 | 0.80× | — | ||
| Q1 24 | 0.81× | — |
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 | $-25.7M | $38.9M |
| Free Cash FlowOCF − Capex | — | $31.9M |
| FCF MarginFCF / Revenue | — | 16.4% |
| Capex IntensityCapex / Revenue | — | 3.6% |
| Cash ConversionOCF / Net Profit | — | 0.40× |
| TTM Free Cash FlowTrailing 4 quarters | — | $105.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-25.7M | $38.9M | ||
| Q3 25 | $-15.4M | $34.9M | ||
| Q2 25 | $-16.6M | $18.9M | ||
| Q1 25 | $-33.5M | $22.2M | ||
| Q4 24 | $-57.2M | $95.0M | ||
| Q3 24 | $-22.6M | $21.2M | ||
| Q2 24 | $-10.2M | $27.3M | ||
| Q1 24 | $-20.0M | $23.2M |
| Q4 25 | — | $31.9M | ||
| Q3 25 | — | $33.9M | ||
| Q2 25 | — | $18.3M | ||
| Q1 25 | — | $20.9M | ||
| Q4 24 | — | $88.8M | ||
| Q3 24 | — | $18.9M | ||
| Q2 24 | — | $26.3M | ||
| Q1 24 | — | $21.9M |
| Q4 25 | — | 16.4% | ||
| Q3 25 | — | 38.8% | ||
| Q2 25 | — | 22.1% | ||
| Q1 25 | — | 25.5% | ||
| Q4 24 | — | 115.1% | ||
| Q3 24 | — | 24.7% | ||
| Q2 24 | — | 36.2% | ||
| Q1 24 | — | 30.0% |
| Q4 25 | — | 3.6% | ||
| Q3 25 | — | 1.1% | ||
| Q2 25 | — | 0.8% | ||
| Q1 25 | — | 1.7% | ||
| Q4 24 | 0.0% | 8.1% | ||
| Q3 24 | 0.0% | 2.9% | ||
| Q2 24 | 0.0% | 1.3% | ||
| Q1 24 | 0.0% | 1.9% |
| Q4 25 | — | 0.40× | ||
| Q3 25 | — | 1.47× | ||
| Q2 25 | — | 0.88× | ||
| Q1 25 | — | 1.13× | ||
| Q4 24 | — | 4.82× | ||
| Q3 24 | — | 1.14× | ||
| Q2 24 | — | 1.74× | ||
| Q1 24 | — | 1.38× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
PIII
| Capitated Revenue | $366.2M | 95% |
| Health Care Patient Service | $18.6M | 5% |
| Health Care Care Coordination Management Fees | $2.7M | 1% |
TMP
Segment breakdown not available.
