Filing Flows › Privia Health Group (PRVA) › How it makes money
How Privia Health Group (PRVA) makes money
Privia Health Group (PRVA) made $656M of revenue in the third quarter 2026 (Q3 2026), +13% from a year earlier. FFS-patient care brought in $433M (66%); Capitated revenue brought in $99.5M (15%); Shared savings brought in $68.8M (11%). Of every dollar of revenue, 3¢ was left as operating profit, 2¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| FFS-patient care | $433M | 66.1% | +5% | +23% |
| Capitated revenue | $99.5M | 15.2% | +5% | +9% |
| Shared savings | $68.8M | 10.5% | -0.1% | -14% |
| FFS-administrative services | $34.7M | 5.3% | +5% | +3% |
| Care management fees (PMPM) | $19.4M | 3.0% | -6% | -8% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $656M | 100.0% |
| Operating profit | $20.5M | 3.1% |
| Income tax | $7.7M | 1.2% |
| Net earnings | $13.5M | 2.1% |
| Operating cash flow | $28.9M | 4.4% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $657M | +13% |
| Q2 2026 | $633M | +21% |
| Q1 2026 | $604M | +26% |
| Q4 2025 | $541M | +17% |
| Q3 2025 | $580M | +32% |
| Q2 2025 | $521M | +23% |
| Q1 2025 | $480M | +16% |
From Privia Health Group's 10-Q filed Nov 5, 2026 (on EDGAR).
Questions
How does Privia Health Group make money?
Privia Health Group (PRVA) made $656M of revenue in the third quarter 2026 (Q3 2026), +13% from a year earlier. FFS-patient care brought in $433M (66%); Capitated revenue brought in $99.5M (15%); Shared savings brought in $68.8M (11%). Of every dollar of revenue, 3¢ was left as operating profit, 2¢ was left as net earnings.
What is Privia Health Group's biggest business?
FFS-patient care: $433M in the third quarter 2026, 66% of revenue, +23% from a year earlier.
What is Privia Health Group's profit margin?
Net earnings were $13.5M, 2.1% of revenue, in the third quarter 2026; the operating margin was 3.1%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.