P3 Health Partners (PIIIW) Operating Expenses (2021 - 2026)
P3 Health Partners (PIIIW) posted Operating Expenses of $345.16 million for Q2 2026, down 11.5% from $389.91 million a year earlier.
P3 Health Partners (PIIIW) Operating Expenses (2021 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Expenses at P3 Health Partners was $1.66 billion, down 6.5% year-over-year; for FY2025, it was $1.73 billion, down 5.0% from FY2024.
- Annual Operating Expenses shows a five-year compound annual growth rate of 27.2% (FY2020 to FY2025).
- In prior years, P3 Health Partners' Operating Expenses was $1.82 billion in FY2024 (+27.0%), $1.43 billion in FY2023 (-45.1%), $2.61 billion in FY2022 and $707.66 million in FY2021.
- The Q2 2026 figure stands as the lowest quarterly Operating Expenses since Q3 2023.
- On a year-over-year basis, Operating Expenses increased in three of the last seven quarters, with growth averaging 5.3%.
- The strongest year-over-year quarter for Operating Expenses in the past five years was Q2 2022, with growth of 592.8%; the weakest was Q2 2023, with a decline of 70.4%.
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 345.16 Mn |
| Dec 31, 2025 | 538.68 Mn |
| Sep 30, 2025 | 389.48 Mn |
| Jun 30, 2025 | 389.91 Mn |
| Mar 31, 2025 | 411.31 Mn |
| Dec 31, 2024 | 509.19 Mn |
| Sep 30, 2024 | 469.11 Mn |
| Jun 30, 2024 | 410.49 Mn |
| Mar 31, 2024 | 432.32 Mn |
| Dec 31, 2023 | 411.12 Mn |
| Sep 30, 2023 | 322.17 Mn |
| Jun 30, 2023 | 350.12 Mn |
| Mar 31, 2023 | 350.89 Mn |
| Dec 31, 2022 | 794.76 Mn |
| Sep 30, 2022 | 308.27 Mn |
| Jun 30, 2022 | 1.18 Bn |
| Mar 31, 2022 | 325.71 Mn |
| Dec 31, 2021 | -401.50 Mn |
| Sep 30, 2021 | 184.31 Mn |
| Jun 30, 2021 | 170.56 Mn |
P3 Health Partners Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=PIIIW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "PIIIW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=PIIIW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();