Privia Health (PRVA) Operating Expenses (2020 - 2026)
Privia Health (PRVA) recorded Operating Expenses of $620.86 million in Q2 2026, up 19.9% from $517.82 million a year earlier and up 4.1% from the prior quarter.
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Analysis
Privia Health (PRVA) Operating Expenses (2020 - 2026) Analysis & Trends
On a TTM basis, Privia Health's Operating Expenses came in at $2.31 billion as of Jun 30, 2026, up 23.0% year-over-year; for FY2025, it was $2.09 billion, up 21.5% from FY2024.
- Annual Operating Expenses has increased for six straight years, with a five-year compound annual growth rate of 21.4% (FY2020 to FY2025).
- Across earlier years, Operating Expenses came in at $1.72 billion in FY2024 (+5.0%), $1.64 billion in FY2023 (+19.0%), $1.38 billion in FY2022 (+16.2%) and $1.18 billion in FY2021 (+49.5%).
- The Q2 2026 figure is the highest quarterly Operating Expenses in data going back to Q1 2020.
- On a year-over-year basis, Operating Expenses has increased for 16 consecutive quarters, with growth averaging 17.5% over the last eight quarters.
- Peak year-over-year performance for Operating Expenses in the last five years was growth of 58.2% in Q1 2022, against a decline of 18.7% in Q2 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $596.43 million (Q1 2026), $529.9 million (Q4 2025) and $566.02 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 94.29 Bn | 93.74 Bn | - | 17.74 Bn |
| 2 | Natera | 59.14 Bn | 54.82 Bn | 485.19 Mn | 828.54 Mn |
| 3 | Quest Diagnostics | 26.23 Bn | 24.66 Bn | 1.03 Bn | 2.58 Bn |
| 4 | Labcorp Holdings | 25.04 Bn | 22.81 Bn | 1.11 Bn | 582.30 Mn |
| 5 | Guardant Health | 23.69 Bn | 19.76 Bn | 219.03 Mn | 464.10 Mn |
| 6 | Tenet Healthcare | 20.77 Bn | 11.92 Bn | - | - |
| 7 | Tempus AI | 14.91 Bn | 11.94 Bn | 246.50 Mn | 458.40 Mn |
| 8 | Encompass Health | 12.24 Bn | 12.70 Bn | - | 1.31 Bn |
| 9 | Davita | 11.39 Bn | 10.15 Bn | 1.16 Bn | 2.98 Bn |
| 10 | Privia Health | 2.51 Bn | 812.37 Mn | - | 620.86 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 620.86 Mn |
| Mar 31, 2026 | 596.43 Mn |
| Dec 31, 2025 | 529.90 Mn |
| Sep 30, 2025 | 566.02 Mn |
| Jun 30, 2025 | 517.82 Mn |
| Mar 31, 2025 | 474.88 Mn |
| Dec 31, 2024 | 455.65 Mn |
| Sep 30, 2024 | 432.11 Mn |
| Jun 30, 2024 | 417.23 Mn |
| Mar 31, 2024 | 414.42 Mn |
| Dec 31, 2023 | 439.41 Mn |
| Sep 30, 2023 | 411.75 Mn |
| Jun 30, 2023 | 406.37 Mn |
| Mar 31, 2023 | 379.56 Mn |
| Dec 31, 2022 | 362.18 Mn |
| Sep 30, 2022 | 347.47 Mn |
| Jun 30, 2022 | 340.79 Mn |
| Mar 31, 2022 | 325.35 Mn |
| Dec 31, 2021 | 294.68 Mn |
| Sep 30, 2021 | 264.33 Mn |
API Access
Privia Health 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=PRVA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "PRVA", "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=PRVA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();