P3 Health Partners (PIIIW) Net Income (2021 - 2026)

P3 Health Partners' (PIIIW) quarterly Net Income came in at -$165.7 million in Q4 2025, down 28.31% YoY from -$231.2 million in Q4 2024, and down 138.57% on a QoQ basis from -$69.5 million in Q3 2025.

P3 Health Partners (PIIIW) Net Income (2021 - 2026) Analysis & Trends

P3 Health Partners (PIIIW) has 5 years of Net Income data on file, last reported at -$165.7 million in Q4 2025.

  • Quarterly Net Income fell 28.31% year-over-year to -$165.7 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was -$323.1 million (down 4.09% YoY) and the FY2025 annual result came in at -$323.1 million, down 4.09% from the prior year.
  • Net Income fell to -$165.7 million in Q4 2025, from -$69.5 million in the prior quarter.
  • In the past five years, Net Income ranged from a high of -$24.7 million in Q1 2021 to a low of -$903.1 million in Q2 2022.
  • A 5-year average of -$124.7 million and a median of -$51.0 million in 2023 frame the typical range for Net Income.
  • Annual changes were most pronounced in 2022 — Net Income tumbled 2965.07% — and 2023, when it jumped 96.95%.
  • Tracing PIIIW's Net Income over 5 years: stood at -$26.9 million in 2021, then tumbled by 1881.19% to -$532.3 million in 2022, then surged by 87.02% to -$69.1 million in 2023, then sank by 86.88% to -$129.1 million in 2024, then retreated by 28.31% to -$165.7 million in 2025.
  • The last three Net Income figures came in at -$165.7 million (Q4 2025), -$69.5 million (Q3 2025), and -$43.7 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 HCA Healthcare 88.19 Bn 90.61 Bn 15.19 Bn 1.93 Bn
2 Tenet Healthcare 21.59 Bn 21.56 Bn 4.45 Bn 1.05 Bn
3 Encompass Health 12.19 Bn 12.86 Bn 1.34 Bn -600,000.00
4 Davita 11.52 Bn 12.39 Bn 1.16 Bn 343.22 Mn
5 Ensign 10.59 Bn 10.27 Bn 306.24 Mn 99.83 Mn
6 Universal Health Services 8.79 Bn 8.72 Bn 3.29 Bn 364.59 Mn
7 Pacs 7.04 Bn 6.88 Bn 338.46 Mn 76.35 Mn
8 Chemed 6.96 Bn 6.92 Bn 221.47 Mn 67.70 Mn
9 Concentra Group Holdings Parent 4.52 Bn 4.38 Bn 192.10 Mn 67.30 Mn
10 P3 Health Partners 72,590.00 42.30 Mn 86.00 Mn 15.65 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 15.65 Mn
Dec 31, 2025 -165.71 Mn
Sep 30, 2025 -69.46 Mn
Jun 30, 2025 -43.67 Mn
Mar 31, 2025 -44.25 Mn
Dec 31, 2024 -129.15 Mn
Sep 30, 2024 -102.85 Mn
Jun 30, 2024 -28.77 Mn
Mar 31, 2024 -49.61 Mn
Dec 31, 2023 -69.11 Mn
Sep 30, 2023 -37.29 Mn
Jun 30, 2023 -27.58 Mn
Mar 31, 2023 -52.45 Mn
Dec 31, 2022 -532.33 Mn
Sep 30, 2022 -65.33 Mn
Jun 30, 2022 -903.11 Mn
Mar 31, 2022 -60.79 Mn
Dec 2, 2021 -26.87 Mn
Sep 30, 2021 -32.05 Mn
Jun 30, 2021 -29.46 Mn