Growth Metrics

P3 Health Partners (PIII) Operating Expenses (2021 - 2025)

P3 Health Partners (PIII) has disclosed Operating Expenses for 5 consecutive years, with $22.6 million as the latest value for Q3 2025.

  • For the quarter ending Q3 2025, Operating Expenses fell 95.17% year-over-year to $22.6 million, compared with a TTM value of $1.3 billion through Sep 2025, changed 0.44%, and an annual FY2024 reading of $1.8 billion, up 26.97% over the prior year.
  • Operating Expenses was $22.6 million for Q3 2025 at P3 Health Partners, down from $23.9 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $1.2 billion in Q2 2022 and bottomed at $22.6 million in Q3 2025.
  • Average Operating Expenses over 5 years is $362.5 million, with a median of $323.9 million recorded in 2022.
  • The sharpest move saw Operating Expenses surged 592.81% in 2022, then crashed 95.17% in 2025.
  • Year by year, Operating Expenses stood at $188.5 million in 2021, then surged by 321.61% to $794.8 million in 2022, then plummeted by 59.46% to $322.2 million in 2023, then soared by 147.67% to $797.9 million in 2024, then plummeted by 97.16% to $22.6 million in 2025.
  • Business Quant data shows Operating Expenses for PIII at $22.6 million in Q3 2025, $23.9 million in Q2 2025, and $411.3 million in Q1 2025.