vs

Side-by-side financial comparison of PROG Holdings, Inc. (PRG) and Privia Health Group, Inc. (PRVA). Click either name above to swap in a different company.

PROG Holdings, Inc. is the larger business by last-quarter revenue ($651.6M vs $541.2M, roughly 1.2× Privia Health Group, Inc.). PROG Holdings, Inc. runs the higher net margin — 5.5% vs 1.7%, a 3.8% gap on every dollar of revenue. On growth, PROG Holdings, Inc. posted the faster year-over-year revenue change (457.1% vs 17.4%). Over the past eight quarters, Privia Health Group, Inc.'s revenue compounded faster (14.2% CAGR vs 4.9%).

PROG Holdings, Inc. is a U.S.-based financial technology firm providing flexible lease-to-own and point-of-sale financing solutions to consumers. Operating primarily in the U.S. market, its core segments include retail partner financing, consumer lending, and payment services that help customers access electronics and household goods without traditional credit requirements.

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.

PRG vs PRVA — Head-to-Head

Bigger by revenue
PRG
PRG
1.2× larger
PRG
$651.6M
$541.2M
PRVA
Growing faster (revenue YoY)
PRG
PRG
+439.7% gap
PRG
457.1%
17.4%
PRVA
Higher net margin
PRG
PRG
3.8% more per $
PRG
5.5%
1.7%
PRVA
Faster 2-yr revenue CAGR
PRVA
PRVA
Annualised
PRVA
14.2%
4.9%
PRG

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
PRG
PRG
PRVA
PRVA
Revenue
$651.6M
$541.2M
Net Profit
$36.1M
$9.2M
Gross Margin
Operating Margin
10.0%
2.1%
Net Margin
5.5%
1.7%
Revenue YoY
457.1%
17.4%
Net Profit YoY
3.8%
108.0%
EPS (diluted)
$3.68
$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
PRG
PRG
PRVA
PRVA
Q1 26
$651.6M
Q4 25
$525.4M
$541.2M
Q3 25
$595.1M
$580.4M
Q2 25
$604.7M
$521.2M
Q1 25
$684.1M
$480.1M
Q4 24
$558.9M
$460.9M
Q3 24
$606.1M
$437.9M
Q2 24
$592.2M
$422.3M
Net Profit
PRG
PRG
PRVA
PRVA
Q1 26
$36.1M
Q4 25
$40.5M
$9.2M
Q3 25
$33.1M
$6.9M
Q2 25
$38.5M
$2.7M
Q1 25
$34.7M
$4.2M
Q4 24
$57.5M
$4.4M
Q3 24
$84.0M
$3.5M
Q2 24
$33.8M
$3.5M
Operating Margin
PRG
PRG
PRVA
PRVA
Q1 26
10.0%
Q4 25
6.9%
2.1%
Q3 25
9.0%
2.5%
Q2 25
10.0%
0.6%
Q1 25
8.2%
1.1%
Q4 24
8.9%
1.1%
Q3 24
8.1%
1.3%
Q2 24
9.4%
1.2%
Net Margin
PRG
PRG
PRVA
PRVA
Q1 26
5.5%
Q4 25
7.7%
1.7%
Q3 25
5.6%
1.2%
Q2 25
6.4%
0.5%
Q1 25
5.1%
0.9%
Q4 24
10.3%
1.0%
Q3 24
13.9%
0.8%
Q2 24
5.7%
0.8%
EPS (diluted)
PRG
PRG
PRVA
PRVA
Q1 26
$3.68
Q4 25
$0.99
$0.08
Q3 25
$0.82
$0.05
Q2 25
$0.95
$0.02
Q1 25
$0.83
$0.03
Q4 24
$1.33
$0.03
Q3 24
$1.94
$0.03
Q2 24
$0.77
$0.03

Balance Sheet & Financial Strength

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

Metric
PRG
PRG
PRVA
PRVA
Cash + ST InvestmentsLiquidity on hand
$69.4M
$479.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$774.4M
$737.2M
Total Assets
$2.0B
$1.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PRG
PRG
PRVA
PRVA
Q1 26
$69.4M
Q4 25
$308.8M
$479.7M
Q3 25
$292.6M
$441.4M
Q2 25
$222.0M
$390.1M
Q1 25
$213.3M
$469.3M
Q4 24
$90.9M
$491.1M
Q3 24
$221.7M
$422.0M
Q2 24
$250.1M
$387.4M
Total Debt
PRG
PRG
PRVA
PRVA
Q1 26
Q4 25
$594.9M
Q3 25
Q2 25
Q1 25
Q4 24
$643.6M
Q3 24
Q2 24
Stockholders' Equity
PRG
PRG
PRVA
PRVA
Q1 26
$774.4M
Q4 25
$746.4M
$737.2M
Q3 25
$703.6M
$709.1M
Q2 25
$668.7M
$682.9M
Q1 25
$654.4M
$659.4M
Q4 24
$650.3M
$635.2M
Q3 24
$630.8M
$614.9M
Q2 24
$581.9M
$595.4M
Total Assets
PRG
PRG
PRVA
PRVA
Q1 26
$2.0B
Q4 25
$1.6B
$1.4B
Q3 25
$1.5B
$1.4B
Q2 25
$1.5B
$1.3B
Q1 25
$1.5B
$1.2B
Q4 24
$1.5B
$1.1B
Q3 24
$1.4B
$1.1B
Q2 24
$1.5B
$1.1B
Debt / Equity
PRG
PRG
PRVA
PRVA
Q1 26
Q4 25
0.80×
Q3 25
Q2 25
Q1 25
Q4 24
0.99×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

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

Metric
PRG
PRG
PRVA
PRVA
Operating Cash FlowLast quarter
$127.5M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
13.93×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PRG
PRG
PRVA
PRVA
Q1 26
Q4 25
$-54.9M
$127.5M
Q3 25
$110.0M
$52.0M
Q2 25
$69.9M
$8.0M
Q1 25
$209.9M
$-24.1M
Q4 24
$-84.5M
$74.8M
Q3 24
$31.9M
$33.2M
Q2 24
$55.4M
$34.5M
Free Cash Flow
PRG
PRG
PRVA
PRVA
Q1 26
Q4 25
$-57.5M
Q3 25
$106.5M
Q2 25
$68.0M
Q1 25
$208.0M
Q4 24
$-86.8M
Q3 24
$29.8M
Q2 24
$53.5M
FCF Margin
PRG
PRG
PRVA
PRVA
Q1 26
Q4 25
-10.9%
Q3 25
17.9%
Q2 25
11.2%
Q1 25
30.4%
Q4 24
-15.5%
Q3 24
4.9%
Q2 24
9.0%
Capex Intensity
PRG
PRG
PRVA
PRVA
Q1 26
Q4 25
0.5%
Q3 25
0.6%
Q2 25
0.3%
Q1 25
0.3%
Q4 24
0.4%
Q3 24
0.3%
Q2 24
0.3%
Cash Conversion
PRG
PRG
PRVA
PRVA
Q1 26
Q4 25
-1.36×
13.93×
Q3 25
3.32×
7.58×
Q2 25
1.82×
2.97×
Q1 25
6.05×
-5.70×
Q4 24
-1.47×
17.00×
Q3 24
0.38×
9.38×
Q2 24
1.64×
9.94×

Financial Flow Comparison

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

Revenue Breakdown by Segment

PRG
PRG

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%

Related Comparisons