NASDAQ$PRVA

Privia Health Group, Inc · Q3 2025 earnings

Q3 2025 earnings · · Before market open · Investor relations

Briefing

Privia Health reported Q3 2025, revenue of $580.4M, net income of $9.8M, diluted EPS of $0.05.

For Q3 2025, Privia Health reported revenue of $580.4M, net income of $9.8M, diluted EPS was $0.05. Management discusses segment performance, capital allocation, and outlook in the earnings filing.

  • Revenue $580.4M.
  • Net income $9.8M.
  • Diluted EPS $0.05.

Headline financials

Total Revenue

$580M

Previous: $438M+32.5%
EPS (adj)

$0.05

Previous: $0.03+66.7%
Implemented Providers

5.3K

Previous: 4.6K+13.1%
Attributed Lives

1.4M

Previous: 1.2M+12.8%
Practice Collections

$940M

Previous: $740M+27.1%
Care Margin

$125M

Previous: $101M+23.5%
Platform Contribution

$70.6M

Previous: $50.3M+40.4%
Adjusted EBITDA

$38.2M

Previous: $23.6M+61.6%
Platform Contribution Margin

56.3%

Previous: 49.6%+13.5%
Adjusted EBITDA Margin

30.5%

Previous: 23.3%+30.9%
Net Income

$6.86M

Previous: $3.54M+94.1%
Operating Income

$14.4M

Previous: $5.81M+147.8%
Gross Profit

$123M

Previous: -$337M+136.4%

Revenue & EPS history

Privia Health · Revenue · Quarterly

$580M

Q3 2025+32.5%vs Q3 2024
Beat estimate in 7 of 15 quarters(47%)
ActualEstimate

Revenue by segment

Privia Health · $417M total across 6 segments · Q3 2023

  • FFS-patient care
    $246M
  • Capitated revenue
    $88.5M
  • Shared savings
    $33.5M
  • FFS-administrative services
    $29.8M
  • Care management fees (PMPM)
    $17.8M
  • Other revenue
    $2.03M

Forward guidance

The filing discusses Privia Health's outlook for upcoming periods, including capital allocation, operating priorities, and market risks disclosed in the quarterly report.

Tailwinds

  • Privia Health cites operational execution and demand trends supporting the outlook.
  • Balance sheet and liquidity actions aim to fund growth and returns.

Headwinds

  • Macro, pricing, and input-cost volatility could pressure margins.
  • Segment mix and one-time items may affect quarter-to-quarter comparability.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2025

Historical avgQ3 2025

+3.5%

Avg return

Earnings day

+4.1%

Avg return

5 days after

+1.3%

Avg return

30 days after

64%

16 / 25 earnings

Positive

+28.3%

Q1 2022

Best reaction

-8.8%

Q2 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.1%-4.1%-9.9%
Q4 2025+9.9%+4.9%-11.6%
Q3 2025-4.3%-2.8%-4.7%
Q1 2025+7.3%+4.2%-0.6%
Q4 2024+5.8%+6.1%-6.1%
Q3 2024+0.7%+6.7%+0.1%
Q2 2024+4.4%+9.7%+2.1%
Q1 2024-4.7%-4.3%-9.1%
Q4 2023+9.4%+11.6%-2.0%
Q3 2023+9.7%+9.0%+6.0%
Q2 2023+1.6%-1.2%-2.3%
Q1 2023+7.3%+7.2%-8.3%
Q4 2022+4.6%+6.3%+1.7%
Q3 2022+5.3%+6.2%-9.7%
Q2 2022+0.6%-4.6%+13.3%
Q1 2022+28.3%+25.1%+41.0%
Q4 2019-2.0%+6.4%-3.5%
Q4 2021+3.3%+7.5%+10.4%
Q3 2020+12.3%+18.3%-14.5%
Q3 2021+12.3%+18.3%-14.5%
Q2 2020-8.8%-14.8%-26.5%
Q2 2021-8.8%-14.8%-26.5%
Q4 2020-2.2%+0.7%+34.8%
Q1 2020-2.2%+0.7%+34.8%
Q1 2021-1.1%+0.9%+39.1%

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