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Privia Health Group, Inc. PRVA Care management fees (PMPM) — Revenue

Other product segments

FFS-patient care
$412.64M+24.5%
Capitated revenue
$95.15M+26.0%
Shared savings
$68.92M+14.8%
FFS-administrative services
$33.22M-5.4%
Other revenue
$1.97M-7.4%

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Other financials

Income statement

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Revenue$632.6M+21.4%
Operating income$11.8M+253%
Net income$9.0M+237%
EPS (diluted)$0.07+250%

Balance sheet

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Cash & equivalents$412.2M+5.7%
Total debt$8.7M+31.4%
Total equity$782.3M+14.6%
Total assets$1.5B+17.0%

Cash flow

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Operating cash flow-$49.5M-106%
CapEx$23.0K+53.3%
Free cash flow$64.1M+120%

Valuation

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Market cap$2.77B+15.0%
Enterprise value$2.37B+16.8%
P/E98.6×-63.9×
P/S1.2×-0.1×

Profitability

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Operating margin1.9%+0.9pp
Net margin1.2%+0.4pp
FCF margin4.9%+1.4pp

Returns & leverage

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Return on equity3.8%+1.5pp
Debt / equity0.0×
Current ratio1.6×0.0×

Where this comes from

Reported directly by Privia Health Group, Inc. in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.

The source filing: Privia Health Group, Inc.’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 8:45 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001759655-26-000064
(Dollars in thousands)For the Three Months Ended June 30, 2026For the Three Months Ended June 30, 2025For the Six Months Ended June 30, 2026For the Six Months Ended June 30, 2025
FFS-patient care$412,640$331,464$803,773$643,225
FFS-administrative services33,22235,11664,62567,371
Capitated revenue95,15075,511181,298146,201
Shared savings68,92060,021143,883107,933
Care management fees (PMPM)20,73316,91938,60032,121
Other revenue1,9652,1224,2984,399
Total revenue$632,630$521,153$1,236,477$1,001,250

Item 1. Condensed Financial Statements (Unaudited)

FAQ

What is Privia Health Group, Inc.'s care management fees (PMPM) — revenue?
Privia Health Group, Inc. (PRVA) reported care management fees (PMPM) — revenue of $20.73M in Q2 2026.
How has Privia Health Group, Inc.'s care management fees (PMPM) — revenue changed year-over-year?
Privia Health Group, Inc.'s care management fees (PMPM) — revenue increased by 22.5% year-over-year, from $16.92M to $20.73M.
What is the long-term trend for Privia Health Group, Inc.'s care management fees (PMPM) — revenue?
Over 4 years (2021 to 2025), Privia Health Group, Inc.'s care management fees (PMPM) — revenue has grown at a 19.0% compound annual growth rate (CAGR), from $36.5M to $73.14M.
What does care management fees (PMPM) — revenue mean?
This metric represents the total revenue generated from recurring per-member-per-month (PMPM) fees charged for care management and physician-enablement services. It reflects the company's ability to scale its value-based care platform by capturing consistent administrative and clinical support fees from health plans and medical groups. Growth in this revenue stream indicates successful expansion of the managed patient population and increased adoption of the company's clinical coordination tools.

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