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

Virtu Financial, Inc. is the larger business by last-quarter revenue ($1.1B vs $603.8M, roughly 1.8× Privia Health Group, Inc.). Virtu Financial, Inc. runs the higher net margin — 31.6% vs 0.6%, a 31.0% gap on every dollar of revenue. On growth, Virtu Financial, Inc. posted the faster year-over-year revenue change (30.7% vs 25.8%). Over the past eight quarters, Virtu Financial, Inc.'s revenue compounded faster (25.7% CAGR vs 19.6%).

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.

Virtu Financial, Inc. is an American high-frequency trading company. The company went public on the Nasdaq in 2015.

PRVA vs VIRT — Head-to-Head

Bigger by revenue
VIRT
VIRT
1.8× larger
VIRT
$1.1B
$603.8M
PRVA
Growing faster (revenue YoY)
VIRT
VIRT
+5.0% gap
VIRT
30.7%
25.8%
PRVA
Higher net margin
VIRT
VIRT
31.0% more per $
VIRT
31.6%
0.6%
PRVA
Faster 2-yr revenue CAGR
VIRT
VIRT
Annualised
VIRT
25.7%
19.6%
PRVA

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
PRVA
PRVA
VIRT
VIRT
Revenue
$603.8M
$1.1B
Net Profit
$3.7M
$346.6M
Gross Margin
20.8%
Operating Margin
1.2%
37.4%
Net Margin
0.6%
31.6%
Revenue YoY
25.8%
30.7%
Net Profit YoY
-27.4%
82.8%
EPS (diluted)
$0.02
$1.99

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
PRVA
PRVA
VIRT
VIRT
Q1 26
$603.8M
$1.1B
Q4 25
$541.2M
$969.9M
Q3 25
$580.4M
$824.8M
Q2 25
$521.2M
$999.6M
Q1 25
$480.1M
$837.9M
Q4 24
$460.9M
$834.3M
Q3 24
$437.9M
$706.8M
Q2 24
$422.3M
$693.0M
Net Profit
PRVA
PRVA
VIRT
VIRT
Q1 26
$3.7M
$346.6M
Q4 25
$9.2M
$139.9M
Q3 25
$6.9M
$77.6M
Q2 25
$2.7M
$151.2M
Q1 25
$4.2M
$99.7M
Q4 24
$4.4M
$94.1M
Q3 24
$3.5M
$60.0M
Q2 24
$3.5M
$66.6M
Gross Margin
PRVA
PRVA
VIRT
VIRT
Q1 26
20.8%
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Operating Margin
PRVA
PRVA
VIRT
VIRT
Q1 26
1.2%
37.4%
Q4 25
2.1%
35.4%
Q3 25
2.5%
21.8%
Q2 25
0.6%
34.7%
Q1 25
1.1%
26.7%
Q4 24
1.1%
24.3%
Q3 24
1.3%
20.8%
Q2 24
1.2%
22.4%
Net Margin
PRVA
PRVA
VIRT
VIRT
Q1 26
0.6%
31.6%
Q4 25
1.7%
14.4%
Q3 25
1.2%
9.4%
Q2 25
0.5%
15.1%
Q1 25
0.9%
11.9%
Q4 24
1.0%
11.3%
Q3 24
0.8%
8.5%
Q2 24
0.8%
9.6%
EPS (diluted)
PRVA
PRVA
VIRT
VIRT
Q1 26
$0.02
$1.99
Q4 25
$0.08
$1.54
Q3 25
$0.05
$0.86
Q2 25
$0.02
$1.65
Q1 25
$0.03
$1.08
Q4 24
$0.03
$1.03
Q3 24
$0.03
$0.64
Q2 24
$0.03
$0.71

Balance Sheet & Financial Strength

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

Metric
PRVA
PRVA
VIRT
VIRT
Cash + ST InvestmentsLiquidity on hand
$419.5M
$973.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$805.9M
$2.2B
Total Assets
$1.4B
$25.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PRVA
PRVA
VIRT
VIRT
Q1 26
$419.5M
$973.2M
Q4 25
$479.7M
$1.1B
Q3 25
$441.4M
$707.9M
Q2 25
$390.1M
$752.1M
Q1 25
$469.3M
$723.6M
Q4 24
$491.1M
$872.5M
Q3 24
$422.0M
$701.4M
Q2 24
$387.4M
$684.8M
Total Debt
PRVA
PRVA
VIRT
VIRT
Q1 26
Q4 25
$2.0B
Q3 25
$2.0B
Q2 25
$1.7B
Q1 25
$1.7B
Q4 24
$1.7B
Q3 24
$1.7B
Q2 24
$1.7B
Stockholders' Equity
PRVA
PRVA
VIRT
VIRT
Q1 26
$805.9M
$2.2B
Q4 25
$737.2M
$1.6B
Q3 25
$709.1M
$1.5B
Q2 25
$682.9M
$1.4B
Q1 25
$659.4M
$1.3B
Q4 24
$635.2M
$1.3B
Q3 24
$614.9M
$1.2B
Q2 24
$595.4M
$1.2B
Total Assets
PRVA
PRVA
VIRT
VIRT
Q1 26
$1.4B
$25.1B
Q4 25
$1.4B
$20.2B
Q3 25
$1.4B
$21.3B
Q2 25
$1.3B
$19.3B
Q1 25
$1.2B
$17.5B
Q4 24
$1.1B
$15.4B
Q3 24
$1.1B
$14.4B
Q2 24
$1.1B
$13.9B
Debt / Equity
PRVA
PRVA
VIRT
VIRT
Q1 26
Q4 25
1.29×
Q3 25
1.40×
Q2 25
1.24×
Q1 25
1.33×
Q4 24
1.39×
Q3 24
1.41×
Q2 24
1.41×

Cash Flow & Capital Efficiency

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

Metric
PRVA
PRVA
VIRT
VIRT
Operating Cash FlowLast quarter
$-49.5M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
-13.33×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PRVA
PRVA
VIRT
VIRT
Q1 26
$-49.5M
Q4 25
$127.5M
$518.4M
Q3 25
$52.0M
$-68.7M
Q2 25
$8.0M
$62.8M
Q1 25
$-24.1M
$15.0M
Q4 24
$74.8M
$599.0M
Q3 24
$33.2M
$112.1M
Q2 24
$34.5M
$490.8M
Free Cash Flow
PRVA
PRVA
VIRT
VIRT
Q1 26
Q4 25
$495.6M
Q3 25
$-76.7M
Q2 25
$57.6M
Q1 25
$9.2M
Q4 24
$586.6M
Q3 24
$106.2M
Q2 24
$486.9M
FCF Margin
PRVA
PRVA
VIRT
VIRT
Q1 26
Q4 25
51.1%
Q3 25
-9.3%
Q2 25
5.8%
Q1 25
1.1%
Q4 24
70.3%
Q3 24
15.0%
Q2 24
70.3%
Capex Intensity
PRVA
PRVA
VIRT
VIRT
Q1 26
Q4 25
2.4%
Q3 25
1.0%
Q2 25
0.5%
Q1 25
0.7%
Q4 24
1.5%
Q3 24
0.8%
Q2 24
0.6%
Cash Conversion
PRVA
PRVA
VIRT
VIRT
Q1 26
-13.33×
Q4 25
13.93×
3.71×
Q3 25
7.58×
-0.89×
Q2 25
2.97×
0.42×
Q1 25
-5.70×
0.15×
Q4 24
17.00×
6.37×
Q3 24
9.38×
1.87×
Q2 24
9.94×
7.37×

Financial Flow Comparison

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

Revenue Breakdown by Segment

PRVA
PRVA

FFS-patient care$391.1M65%
Capitated revenue$86.1M14%
Other$75.0M12%
FFS-administrative services$31.4M5%
Care management fees (PMPM)$17.9M3%
Other revenue$2.3M0%

VIRT
VIRT

Trading income, net$789.1M72%
Commissions, net and technology services$186.6M17%
Other$119.6M11%

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