Growth Metrics

P3 Health Partners (PIIIW) Gross Margin (2020 - 2025)

P3 Health Partners' Gross Margin history spans 6 years, with the latest figure at 99.91% for Q4 2025.

  • For Q4 2025, Gross Margin rose 42035.0% year-over-year to 99.91%; the TTM value through Dec 2025 reached 50.38%, up 7862.0%, while the annual FY2025 figure was 99.94%, 10386.0% up from the prior year.
  • Gross Margin reached 99.91% in Q4 2025 per PIIIW's latest filing, roughly flat from 99.93% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 460.79% in Q4 2021 to a low of 320.44% in Q4 2024.
  • Average Gross Margin over 5 years is 25.63%, with a median of 3.43% recorded in 2023.
  • Peak YoY movement for Gross Margin: plummeted -31444bps in 2024, then skyrocketed 42035bps in 2025.
  • A 5-year view of Gross Margin shows it stood at 460.79% in 2021, then crashed by -167bps to 308.13% in 2022, then skyrocketed by 98bps to 6.0% in 2023, then plummeted by -5239bps to 320.44% in 2024, then soared by 131bps to 99.91% in 2025.
  • Per Business Quant, the three most recent readings for PIIIW's Gross Margin are 99.91% (Q4 2025), 99.93% (Q3 2025), and 1.25% (Q2 2025).