Privia Health (PRVA) Gross Margin (2020 - 2026)
Privia Health's quarterly Gross Margin came in at 98.65% in Q1 2026, up 9.0% year-on-year from 90.51% in Q1 2025, and little changed quarter-over-quarter from 98.81% in Q4 2025.
Privia Health has reported Gross Margin for 7 years, with the latest figure at 98.65% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin rose 9.0% year-over-year to 98.65%; the trailing twelve-month figure through Mar 2026 stood at 98.74% (up 25.0% YoY), and the FY2025 full-year result was 98.72%, up 24.0% from the prior year.
- Gross Margin for Q1 2026 stood at 98.65%, roughly flat from 98.81% in the prior quarter.
- The five-year high for Gross Margin was 98.81% in Q4 2025, with the low at 98.26% in Q3 2023.
- Average Gross Margin over 5 years is 98.57%, with a median of 98.56% recorded in 2022.
- Year-over-year, Gross Margin jumped 352 bps in 2022 and fell 25 bps in 2023.
- Tracing PRVA's Gross Margin over 5 years: stood at 98.58% in 2022, then rose by 0 bps to 98.58% in 2023, then increased by 0 bps to 98.6% in 2024, then grew by 0 bps to 98.81% in 2025, then decreased by 0 bps to 98.65% in 2026.
- The last three Gross Margin figures came in at 98.65% (Q1 2026), 98.81% (Q4 2025), and 98.8% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 30.85 Bn | 24.28 Bn | 622.47 Mn | 74.46% |
| 2 | BrightSpring Health Services | 12.29 Bn | 11.41 Bn | 482.22 Mn | 13.34% |
| 3 | Healthequity | 7.80 Bn | 7.48 Bn | 256.31 Mn | 72.27% |
| 4 | Hinge Health | 4.82 Bn | 4.51 Bn | 154.23 Mn | 84.60% |
| 5 | Doximity | 4.21 Bn | 3.46 Bn | 125.97 Mn | 86.65% |
| 6 | Waystar Holding | 4.18 Bn | 4.03 Bn | 268.04 Mn | 85.40% |
| 7 | 10x Genomics | 3.78 Bn | 3.24 Bn | 106.18 Mn | 70.39% |
| 8 | Privia Health | 2.65 Bn | 2.28 Bn | 595.71 Mn | 98.65% |
| 9 | Omnicell | 1.95 Bn | 1.78 Bn | 140.36 Mn | 45.30% |
| 10 | Teladoc Health | 1.42 Bn | 672.39 Mn | 562.57 Mn | 91.65% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 98.65% |
| Dec 31, 2025 | 98.81% |
| Sep 30, 2025 | 98.80% |
| Jun 30, 2025 | 98.69% |
| Mar 31, 2025 | 98.56% |
| Dec 31, 2024 | 98.60% |
| Sep 30, 2024 | 98.39% |
| Jun 30, 2024 | 98.38% |
| Mar 31, 2024 | 98.53% |
| Dec 31, 2023 | 98.58% |
| Sep 30, 2023 | 98.26% |
| Jun 30, 2023 | 98.56% |
| Mar 31, 2023 | 98.63% |
| Dec 31, 2022 | 98.58% |
| Sep 30, 2022 | 98.52% |
| Jun 30, 2022 | 98.56% |
| Mar 31, 2022 | 98.51% |
| Dec 31, 2021 | 98.62% |
| Sep 30, 2021 | 98.18% |
| Jun 30, 2021 | 95.05% |
| Mar 31, 2021 | 98.51% |
| Dec 31, 2020 | 98.15% |
| Sep 30, 2020 | 98.69% |
| Jun 30, 2020 | 98.79% |
| Mar 31, 2020 | 98.85% |