Filing Flows › Privia Health Group (PRVA) › Q3 2026 › vs Q3 2025
Privia Health Group (PRVA) Q3 2026 vs Q3 2025 (year over year)
Privia Health Group's revenue rose $76.5M (+13%) from $580M in Q3 2025 to $657M in Q3 2026. The biggest changes: FFS-patient care +$80.5M (+23%); Shared savings −$11.2M (-14%); Capitated revenue +$8.6M (+9%). Operating margin 3.1% against 2.5% (+0.6 pts).
Privia Health Group, Q3 2026: revenue $657M (+13% year over year), operating margin 3.1%, net earnings $13.5M, operating cash flow $28.9M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 3.1% | 2.5% | +0.6 pts |
| Net margin | 2.1% | 1.2% | +0.9 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| FFS-patient care | $433M | $353M | $80.5M | +23% |
| Capitated revenue | $99.5M | $90.9M | $8.6M | +9% |
| Shared savings | $68.8M | $80.0M | −$11.2M | -14% |
| FFS-administrative services | $34.7M | $33.6M | $1.1M | +3% |
| Care management fees (PMPM) | $19.4M | $21.0M | −$1.6M | -8% |
| Revenue | $657M | $580M | $76.5M | +13% |
| Operating profit | $20.5M | $14.4M | $6.1M | +43% |
| Costs & expenses | $636M | $566M | $70.4M | +12% |
| Pre-tax earnings | $22.3M | $16.7M | $5.6M | +34% |
| Sales & marketing | $9.9M | $7.0M | $3.0M | +43% |
| General & admin | $34.5M | $39.6M | −$5.2M | -13% |
| Other operating costs | $592M | $519M | $72.6M | +14% |
| Net earnings | $13.5M | $6.9M | $6.6M | +97% |
| Minority interests | $1.1M | $2.9M | −$1.8M | -62% |
| Income tax | $7.7M | $6.9M | $804K | +12% |
| Depreciation & amortization | $3.5M | $2.8M | $737K | +27% |
| Share-based compensation | $14.0M | $19.0M | −$4.9M | -26% |
| Working capital & other | $2.1M | −$23.4M | $25.5M | — |
| Operating cash flow | $28.9M | $52.0M | −$23.1M | -44% |
Questions
How much did Privia Health Group's revenue grow year over year in Q3 2026?
Privia Health Group's revenue rose $76.5M (+13%) from $580M in Q3 2025 to $657M in Q3 2026.
What drove Privia Health Group's revenue change in Q3 2026?
FFS-patient care +$80.5M (+23%); Shared savings −$11.2M (-14%); Capitated revenue +$8.6M (+9%).