Filing Flows

Filing Flows › P3 Health Partners (PIII) › Q2 2026 › vs Q1 2026

P3 Health Partners (PIII) Q2 2026 vs Q1 2026 (quarter over quarter)

P3 Health Partners's revenue fell $9K (0%) from $386M in Q1 2026 to $386M in Q2 2026. Operating margin 10.7% against 2.1% (+8.5 pts).

P3 Health Partners, Q2 2026: revenue $386M (+9% year over year), operating margin 10.7%, net earnings $7.4M, operating cash flow −$61.9M. The chart draws each line against Q1 2026, the increases inside each band.

P3 Health Partners: what changed, Q2 2026 vs Q1 2026P3 Health Partners: what changed, Q2 2026 vs Q1 2026Operating cash sources$40.5MWorking capital & other$40.5MOther operating costs−$39.6MCash used in operations$34.4MCosts & expenses−$33.0MOperating profit$33.0MPre-tax earnings$24.9MIncome tax$12.3MOther expense, net$8.1MGeneral & admin$6.8M

Margins

Q2 2026Q1 2026Change
Operating margin10.7%2.1%+8.5 pts
Net margin1.9%0.3%+1.6 pts

Every line

LineQ2 2026Q1 2026Change%
Revenue$386M$386M−$9K0%
Operating profit$41.2M$8.2M$33.0M+400%
Costs & expenses$345M$378M−$33.0M-9%
Pre-tax earnings$16.9M−$8.0M$24.9M—
Other expense, net$24.3M$16.2M$8.1M+50%
General & admin$32.4M$25.5M$6.8M+27%
Other operating costs$313M$352M−$39.6M-11%
Net earnings$7.4M$1.2M$6.2M+509%
Minority interests$8.2M$1.8M$6.4M+352%
Income tax$1.3M−$11.0M$12.3M—
Operating cash sources$91.3M$50.8M$40.5M+80%
Depreciation & amortization$21.0M$21.1M−$30K-0.1%
Share-based compensation$866K$1.1M−$185K-18%
Cash used in operations$61.9M$27.5M$34.4M+125%
Working capital & other$91.3M$50.8M$40.5M+80%

Questions

How much did P3 Health Partners's revenue grow quarter over quarter in Q2 2026?

P3 Health Partners's revenue fell $9K (0%) from $386M in Q1 2026 to $386M in Q2 2026. Operating margin 10.7% against 2.1% (+8.5 pts).

Q2 2026 results → · Compare in the interactive Sankey →