P3 Health Partners (PIII) EBITDA (2021 - 2025)

P3 Health Partners (PIII) posted EBITDA of -$153.4 million for Q4 2025, down 250.77% quarter-over-quarter from -$43.7 million in Q3 2025, and down 11.29% year-on-year from -$172.9 million in Q4 2024.

P3 Health Partners (PIII) EBITDA (2021 - 2025) Analysis & Trends

P3 Health Partners (PIII) has reported EBITDA for 5 consecutive years, with -$153.4 million the latest figure, recorded in Q4 2025.

  • EBITDA for Q4 2025 came in at -$153.4 million, down 11.29% year-over-year; the trailing twelve-month figure through Dec 2025 was -$268.1 million (up 15.76% YoY), and the FY2025 annual result was -$268.1 million, up 15.76% from the prior year.
  • EBITDA was -$153.4 million for Q4 2025 at P3 Health Partners, down from -$43.7 million in the prior quarter.
  • Over five years, EBITDA peaked at $564.4 million in Q4 2021 and troughed at -$911.6 million in Q2 2022.
  • Average EBITDA over 5 years is -$90.6 million, with a median of -$43.5 million recorded in 2024.
  • Year-over-year, EBITDA tumbled 3410.01% in 2022 and jumped 97.76% in 2023.
  • Over 5 years, EBITDA stood at $564.4 million in 2021, then sank by 194.96% to -$535.9 million in 2022, then surged by 88.1% to -$63.8 million in 2023, then tumbled by 116.13% to -$137.8 million in 2024, then decreased by 11.29% to -$153.4 million in 2025.
  • Per Business Quant data, the three most recent EBITDA figures were -$153.4 million in Q4 2025, -$43.7 million in Q3 2025, and -$33.5 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 HCA Healthcare 87.94 Bn 90.32 Bn 16.26 Bn -566.00 Mn
2 Chemed 18.08 Bn 18.07 Bn 215.76 Mn 98.88 Mn
3 Tenet Healthcare 16.59 Bn 15.76 Bn 4.41 Bn 1.30 Bn
4 Davita 15.37 Bn 16.23 Bn 1.07 Bn 481.89 Mn
5 Encompass Health 10.07 Bn 10.70 Bn 1.34 Bn 59.70 Mn
6 Ensign 9.52 Bn 8.93 Bn 293.37 Mn 124.85 Mn
7 Universal Health Services 9.19 Bn 9.15 Bn 3.21 Bn 502.86 Mn
8 Pacs 6.96 Bn 6.72 Bn 345.96 Mn 120.04 Mn
9 Ww International 6.14 Bn 5.98 Bn -149.29 Mn -34.14 Mn
10 P3 Health Partners 36.19 Mn 25.39 Mn 384.48 Mn -153.37 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 -153.37 Mn
Sep 30, 2025 -43.72 Mn
Jun 30, 2025 -33.52 Mn
Mar 31, 2025 -37.49 Mn
Dec 31, 2024 -137.80 Mn
Sep 30, 2024 -106.39 Mn
Jun 30, 2024 -30.73 Mn
Mar 31, 2024 -43.33 Mn
Dec 31, 2023 -63.76 Mn
Sep 30, 2023 -33.32 Mn
Jun 30, 2023 -20.43 Mn
Mar 31, 2023 -48.22 Mn
Dec 31, 2022 -535.95 Mn
Sep 30, 2022 -59.31 Mn
Jun 30, 2022 -911.59 Mn
Mar 31, 2022 -51.57 Mn
Dec 2, 2021 564.38 Mn
Sep 30, 2021 -28.12 Mn
Jun 30, 2021 -25.97 Mn
Mar 31, 2021 -12.66 Mn