P3 Health Partners (PIII) Gross Margin (2021 - 2026)

P3 Health Partners (PIII) has 5 years of Gross Margin data on file, last reported at 10.72% in Q4 2025.

• Quarterly Gross Margin fell 5.0% year-over-year to 10.72% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 4.12% (down 20.0% YoY) and the FY2025 annual result came in at 4.12%, down 20.0% from the prior year.
• Gross Margin declined to 10.72% in Q4 2025, from 7.11% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 8.15% in Q2 2023 to a low of 12.33% in Q4 2021.
• A 5-year average of 1.85% and a median of 0.5% in 2021 frame the typical range for Gross Margin.
• Annual changes were most pronounced in 2023 — Gross Margin soared 740 bps — and 2024, when it tumbled 1416 bps.
• Tracing PIII's Gross Margin over 5 years: stood at 12.33% in 2021, then jumped by 66 bps to 4.25% in 2022, then plunged by 41 bps to 6.0% in 2023, then plunged by 78 bps to 10.67% in 2024, then retreated by 0 bps to 10.72% in 2025.
• The last three Gross Margin figures came in at 10.72% (Q4 2025), 7.11% (Q3 2025), and 1.25% (Q2 2025), per Business Quant data.