P3 Health Partners (PIII) Revenue (2021 - 2026)
P3 Health Partners' (PIII) quarterly Revenue came in at $384.8 million in Q4 2025, up 3.81% YoY from $370.7 million in Q4 2024, and up 11.46% on a QoQ basis from $345.3 million in Q3 2025.
P3 Health Partners (PIII) Revenue (2021 - 2026) Analysis & Trends
P3 Health Partners (PIII) has 5 years of Revenue data on file, last reported at $384.8 million in Q4 2025.
- Quarterly Revenue rose 3.81% year-over-year to $384.8 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $1.5 billion (down 2.76% YoY) and the FY2025 annual result came in at $1.5 billion, down 2.76% from the prior year.
- Revenue rose to $384.8 million in Q4 2025, from $345.3 million in the prior quarter.
- In the past five years, Revenue ranged from a high of $388.5 million in Q1 2024 to a low of $151.3 million in Q1 2021.
- A 5-year average of $297.6 million and a median of $315.6 million in 2023 frame the typical range for Revenue.
- Annual changes were most pronounced in 2022 — Revenue jumped 80.8% — and 2025, when it dropped 6.16%.
- Tracing PIII's Revenue over 5 years: stood at $217.9 million in 2021, then rose by 18.48% to $258.2 million in 2022, then surged by 34.33% to $346.9 million in 2023, then grew by 6.87% to $370.7 million in 2024, then climbed by 3.81% to $384.8 million in 2025.
- The last three Revenue figures came in at $384.8 million (Q4 2025), $345.3 million (Q3 2025), and $355.8 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 89.17 Bn | 88.16 Bn | 15.19 Bn | 20.23 Bn |
| 2 | Tenet Healthcare | 22.30 Bn | 20.13 Bn | 4.45 Bn | 5.63 Bn |
| 3 | Encompass Health | 12.22 Bn | 12.08 Bn | 1.34 Bn | 1.60 Bn |
| 4 | Davita | 11.68 Bn | 10.99 Bn | 1.16 Bn | 3.55 Bn |
| 5 | Ensign | 10.53 Bn | 10.21 Bn | 306.24 Mn | 1.44 Bn |
| 6 | Universal Health Services | 10.14 Bn | 10.00 Bn | 3.29 Bn | 4.64 Bn |
| 7 | Pacs | 7.07 Bn | 6.91 Bn | 338.46 Mn | 1.43 Bn |
| 8 | Chemed | 7.04 Bn | 7.00 Bn | 221.47 Mn | 673.25 Mn |
| 9 | Fresenius Medical Care AG | 6.38 Bn | 4.69 Bn | 1.52 Bn | 5.65 Bn |
| 10 | P3 Health Partners | 35.91 Mn | 13.68 Mn | 86.00 Mn | 386.38 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 386.38 Mn |
| Dec 31, 2025 | 384.81 Mn |
| Sep 30, 2025 | 345.25 Mn |
| Jun 30, 2025 | 355.79 Mn |
| Mar 31, 2025 | 373.23 Mn |
| Dec 31, 2024 | 370.69 Mn |
| Sep 30, 2024 | 362.12 Mn |
| Jun 30, 2024 | 379.16 Mn |
| Mar 31, 2024 | 388.49 Mn |
| Dec 31, 2023 | 346.86 Mn |
| Sep 30, 2023 | 288.35 Mn |
| Jun 30, 2023 | 329.09 Mn |
| Mar 31, 2023 | 302.08 Mn |
| Dec 31, 2022 | 258.21 Mn |
| Sep 30, 2022 | 248.26 Mn |
| Jun 30, 2022 | 269.45 Mn |
| Mar 31, 2022 | 273.54 Mn |
| Dec 2, 2021 | 217.94 Mn |
| Sep 30, 2021 | 156.19 Mn |
| Jun 30, 2021 | 151.42 Mn |