Filing Flows › Privia Health Group (PRVA) › Q2 2026
Privia Health Group (PRVA) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 6, 2026
Privia Health Group (PRVA) reported revenue of $633M for the second quarter 2026 (Q2 2026), +21% from a year earlier and +5% from the quarter before. Operating margin was 1.9%, net earnings $9.0M (1.4% of revenue).
Privia Health Group, Q2 2026: revenue $633M (+21% year over year), operating margin 1.9%, net earnings $9.0M, operating cash flow $1.1M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $633M | +5% | +21% |
| Operating profit | $11.8M | +59% | +253% |
| Net earnings | $9.0M | +195% | +237% |
| Operating cash flow | $1.1M | — | -86% |
What changed
Revenue was $632.6M in Q2 2026, up 21% year over year and up 5% from the previous quarter. FFS-patient care was the largest line at 65% of revenue. FFS-patient care added $81.2M year over year (up 24%), 73% of the total change. Other revenue declined 7%.
Operating profit was $11.8M, a 1.9% margin (up 1.2 points year over year). Of the extra revenue versus Q2 2025, 8% reached operating profit, above the 1% margin then. Total costs grew 20% against revenue growth of 21%. The fastest-growing cost line was Other operating costs (+21%). Net earnings were $9.0M, up 237% year over year. The effective tax rate was 41.9%. Non-operating items added $5.0M, 30% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $1.1M (down 86% year over year), 11% of net income including minority interests. Non-cash charges added back $3.4M of depreciation and amortization and $19.4M of share-based compensation. Working capital and other items used $31.4M.
Questions
What was Privia Health Group's revenue in the second quarter 2026?
Privia Health Group (PRVA) reported revenue of $633M for the second quarter 2026 (Q2 2026), +21% from a year earlier and +5% from the quarter before.
Was Privia Health Group profitable in the second quarter 2026?
Operating profit was $11.8M (1.9% of revenue) and net earnings $9.0M.