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Side-by-side financial comparison of Privia Health Group, Inc. (PRVA) and Strata Critical Medical, Inc. (SRTA). 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 $22.7M, roughly 23.8× Strata Critical Medical, Inc.). On growth, Strata Critical Medical, Inc. posted the faster year-over-year revenue change (361.2% vs 17.4%). Over the past eight quarters, Privia Health Group, Inc.'s revenue compounded faster (14.2% CAGR vs -33.6%).
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.
Strata Critical Medical, Inc. is a medical technology firm designing, producing and distributing disposable medical products for critical care, anesthesia and surgical use cases. It serves healthcare providers across North America and some European markets, focusing on improving patient safety and clinical efficiency.
PRVA vs SRTA — Head-to-Head
Income Statement — Q4 2025 vs Q4 2025
| Metric | ||
|---|---|---|
| Revenue | $541.2M | $22.7M |
| Net Profit | $9.2M | — |
| Gross Margin | — | -0.9% |
| Operating Margin | 2.1% | -18.4% |
| Net Margin | 1.7% | — |
| Revenue YoY | 17.4% | 361.2% |
| Net Profit YoY | 108.0% | — |
| EPS (diluted) | $0.08 | $-0.11 |
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 | $541.2M | $22.7M | ||
| Q3 25 | $580.4M | $49.3M | ||
| Q2 25 | $521.2M | $70.8M | ||
| Q1 25 | $480.1M | $54.3M | ||
| Q4 24 | $460.9M | $-8.7M | ||
| Q3 24 | $437.9M | $36.1M | ||
| Q2 24 | $422.3M | $67.9M | ||
| Q1 24 | $415.2M | $51.5M |
| Q4 25 | $9.2M | — | ||
| Q3 25 | $6.9M | $57.4M | ||
| Q2 25 | $2.7M | $-3.7M | ||
| Q1 25 | $4.2M | $-3.5M | ||
| Q4 24 | $4.4M | — | ||
| Q3 24 | $3.5M | $-2.0M | ||
| Q2 24 | $3.5M | $-11.3M | ||
| Q1 24 | $3.0M | $-4.2M |
| Q4 25 | — | -0.9% | ||
| Q3 25 | — | 23.6% | ||
| Q2 25 | — | 25.1% | ||
| Q1 25 | — | 22.1% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 20.8% | ||
| Q2 24 | — | 24.1% | ||
| Q1 24 | — | 19.7% |
| Q4 25 | 2.1% | -18.4% | ||
| Q3 25 | 2.5% | -11.4% | ||
| Q2 25 | 0.6% | -7.0% | ||
| Q1 25 | 1.1% | -14.0% | ||
| Q4 24 | 1.1% | — | ||
| Q3 24 | 1.3% | -19.7% | ||
| Q2 24 | 1.2% | -17.9% | ||
| Q1 24 | 0.2% | -19.2% |
| Q4 25 | 1.7% | — | ||
| Q3 25 | 1.2% | 116.5% | ||
| Q2 25 | 0.5% | -5.3% | ||
| Q1 25 | 0.9% | -6.4% | ||
| Q4 24 | 1.0% | — | ||
| Q3 24 | 0.8% | -5.4% | ||
| Q2 24 | 0.8% | -16.7% | ||
| Q1 24 | 0.7% | -8.2% |
| Q4 25 | $0.08 | $-0.11 | ||
| Q3 25 | $0.05 | $0.70 | ||
| Q2 25 | $0.02 | $-0.05 | ||
| Q1 25 | $0.03 | $-0.04 | ||
| Q4 24 | $0.03 | $-0.11 | ||
| Q3 24 | $0.03 | $-0.03 | ||
| Q2 24 | $0.03 | $-0.15 | ||
| Q1 24 | $0.02 | $-0.06 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $479.7M | $31.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $737.2M | $279.1M |
| Total Assets | $1.4B | $325.5M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $479.7M | $31.0M | ||
| Q3 25 | $441.4M | $22.8M | ||
| Q2 25 | $390.1M | $58.8M | ||
| Q1 25 | $469.3M | $34.8M | ||
| Q4 24 | $491.1M | $18.4M | ||
| Q3 24 | $422.0M | $20.0M | ||
| Q2 24 | $387.4M | $26.3M | ||
| Q1 24 | $351.1M | $36.8M |
| Q4 25 | $737.2M | $279.1M | ||
| Q3 25 | $709.1M | $283.0M | ||
| Q2 25 | $682.9M | $223.1M | ||
| Q1 25 | $659.4M | $219.7M | ||
| Q4 24 | $635.2M | $221.9M | ||
| Q3 24 | $614.9M | $233.5M | ||
| Q2 24 | $595.4M | $229.4M | ||
| Q1 24 | $576.8M | $236.6M |
| Q4 25 | $1.4B | $325.5M | ||
| Q3 25 | $1.4B | $335.1M | ||
| Q2 25 | $1.3B | $257.9M | ||
| Q1 25 | $1.2B | $250.6M | ||
| Q4 24 | $1.1B | $256.7M | ||
| Q3 24 | $1.1B | $282.9M | ||
| Q2 24 | $1.1B | $280.3M | ||
| Q1 24 | $1.0B | $282.8M |
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 | $127.5M | $-8.3M |
| Free Cash FlowOCF − Capex | — | $-10.2M |
| FCF MarginFCF / Revenue | — | -44.7% |
| Capex IntensityCapex / Revenue | — | 8.1% |
| Cash ConversionOCF / Net Profit | 13.93× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-58.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $127.5M | $-8.3M | ||
| Q3 25 | $52.0M | $-37.3M | ||
| Q2 25 | $8.0M | $-3.1M | ||
| Q1 25 | $-24.1M | $-246.0K | ||
| Q4 24 | $74.8M | $-1.8M | ||
| Q3 24 | $33.2M | $6.4M | ||
| Q2 24 | $34.5M | $8.4M | ||
| Q1 24 | $-33.1M | $-15.6M |
| Q4 25 | — | $-10.2M | ||
| Q3 25 | — | $-40.1M | ||
| Q2 25 | — | $-5.4M | ||
| Q1 25 | — | $-2.9M | ||
| Q4 24 | — | $-6.3M | ||
| Q3 24 | — | $-3.0M | ||
| Q2 24 | — | $-7.7M | ||
| Q1 24 | — | $-16.4M |
| Q4 25 | — | -44.7% | ||
| Q3 25 | — | -81.4% | ||
| Q2 25 | — | -7.6% | ||
| Q1 25 | — | -5.3% | ||
| Q4 24 | — | 72.7% | ||
| Q3 24 | — | -8.2% | ||
| Q2 24 | — | -11.4% | ||
| Q1 24 | — | -31.8% |
| Q4 25 | — | 8.1% | ||
| Q3 25 | — | 5.7% | ||
| Q2 25 | — | 3.2% | ||
| Q1 25 | — | 4.8% | ||
| Q4 24 | — | -52.6% | ||
| Q3 24 | — | 25.8% | ||
| Q2 24 | — | 23.8% | ||
| Q1 24 | — | 1.6% |
| Q4 25 | 13.93× | — | ||
| Q3 25 | 7.58× | -0.65× | ||
| Q2 25 | 2.97× | — | ||
| Q1 25 | -5.70× | — | ||
| Q4 24 | 17.00× | — | ||
| Q3 24 | 9.38× | — | ||
| Q2 24 | 9.94× | — | ||
| Q1 24 | -11.10× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
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% |
SRTA
| Other Clinical | $11.4M | 50% |
| Transplant Clinical | $9.0M | 39% |
| Other | $2.4M | 11% |