Growth Metrics

P3 Health Partners (PIIIW) Accumulated Expenses (2019 - 2025)

P3 Health Partners posted quarterly Accumulated Expenses of $42.4 million for Q4 2025, up 44.11% year-on-year from $29.4 million in Q4 2024, and up 15542.44% on a QoQ basis from $271000.0 in Q3 2025.

P3 Health Partners (PIIIW) has 7 years of Accumulated Expenses data on file, last reported at $42.4 million in Q4 2025.

  • For the quarter ending Q4 2025, Accumulated Expenses rose 44.11% year-over-year to $42.4 million; the trailing twelve-month figure through Dec 2025 stood at $42.4 million (up 44.11% YoY), and the FY2025 full-year result was $42.4 million, up 44.11% from the prior year.
  • Accumulated Expenses for Q4 2025 stood at $42.4 million, up from $271000.0 in the prior quarter.
  • Across five years, Accumulated Expenses topped out at $49.2 million in Q3 2024 and bottomed at $15450.0 in Q2 2021.
  • The 5-year median for Accumulated Expenses is $12.4 million (2025), against an average of $16.8 million.
  • The widest annual swing landed in 2022, when Accumulated Expenses jumped 73232.88%; it then sank 99.45% in 2025.
  • A 5-year view of Accumulated Expenses shows it stood at $15450.0 in 2021, then soared by 107647.57% to $16.6 million in 2022, then surged by 121.57% to $36.9 million in 2023, then dropped by 20.25% to $29.4 million in 2024, then soared by 44.11% to $42.4 million in 2025.
  • The last three Accumulated Expenses figures came in at $42.4 million (Q4 2025), $271000.0 (Q3 2025), and $26.9 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 HCA Healthcare 84.64 Bn 87.02 Bn 16.26 Bn
2 Tenet Healthcare 15.22 Bn 14.39 Bn 4.41 Bn
3 Davita 13.10 Bn 13.96 Bn 1.07 Bn
4 Encompass Health 10.50 Bn 11.12 Bn 1.34 Bn
5 Ensign 9.69 Bn 9.09 Bn 293.37 Mn
6 Universal Health Services 8.92 Bn 8.88 Bn 3.21 Bn
7 Fresenius Medical Care AG 7.31 Bn 4.93 Bn 22,843.10 Bn
8 Chemed 5.83 Bn 5.81 Bn 215.76 Mn
9 Pacs 5.76 Bn 5.51 Bn 345.96 Mn
10 P3 Health Partners - - 384.48 Mn

Historic Data

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DateValue
Dec 31, 2025 42.39 Mn
Sep 30, 2025 271,000.00
Jun 30, 2025 26.92 Mn
Mar 31, 2025 12.41 Mn
Dec 31, 2024 29.42 Mn
Sep 30, 2024 49.21 Mn
Jun 30, 2024 3.74 Mn
Mar 31, 2024 28.63 Mn
Dec 31, 2023 36.88 Mn
Sep 30, 2023 5.63 Mn
Jun 30, 2023 22.47 Mn
Mar 31, 2023 16.34 Mn
Dec 31, 2022 16.65 Mn
Sep 30, 2022 7.36 Mn
Jun 30, 2022 11.33 Mn
Mar 31, 2022 10.01 Mn
Sep 30, 2021 15,450.00
Jun 30, 2021 15,450.00
Mar 31, 2021 118,786.00
Dec 31, 2020 4.05 Mn
Dec 31, 2019 112,712.00