Privia Health (PRVA) Operating Expenses (2020 - 2026)

Privia Health's (PRVA) quarterly Operating Expenses came in at $596.4 million in Q1 2026, up 25.6% year-on-year from $474.9 million in Q1 2025, and up 12.56% quarter-over-quarter from $529.9 million in Q4 2025.

Privia Health (PRVA) Operating Expenses (2020 - 2026) Analysis & Trends

Privia Health's Operating Expenses history runs 7 years deep, the most recent figure standing at $596.4 million for Q1 2026.

  • On a quarterly basis, Operating Expenses rose 25.6% year-over-year to $596.4 million in Q1 2026; TTM through Mar 2026 was $2.2 billion, a 24.18% increase from a year earlier, with the FY2025 full-year figure at $2.1 billion, up 21.47% from the prior year.
  • Operating Expenses advanced to $596.4 million in Q1 2026 per PRVA's latest filing, from $529.9 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $596.4 million in Q1 2026 and bottomed at $325.3 million in Q1 2022.
  • The 5-year median for Operating Expenses is $417.2 million (2024), against an average of $436.3 million.
  • Biggest YoY gain for Operating Expenses was 58.17% in 2022; the steepest drop was 18.66% in 2022.
  • Year by year, Operating Expenses stood at $362.2 million in 2022, then increased by 21.32% to $439.4 million in 2023, then advanced by 3.7% to $455.7 million in 2024, then gained by 16.29% to $529.9 million in 2025, then grew by 12.56% to $596.4 million in 2026.
  • Per Business Quant, the three latest PRVA Operating Expenses figures stand at $596.4 million (Q1 2026), $529.9 million (Q4 2025), and $566.0 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Veeva Systems 29.34 Bn 22.03 Bn 662.02 Mn 388.91 Mn
2 BrightSpring Health Services 13.49 Bn 12.59 Bn 482.22 Mn 360.77 Mn
3 Healthequity 7.96 Bn 7.70 Bn 256.31 Mn 153.36 Mn
4 10x Genomics 6.17 Bn 5.63 Bn 106.18 Mn 123.22 Mn
5 Hinge Health 6.02 Bn 5.70 Bn 154.23 Mn 122.16 Mn
6 MiniMed 4.19 Bn 3.89 Bn 480.00 Mn 398.00 Mn
7 Waystar Holding 4.14 Bn 4.07 Bn 216.84 Mn 233.41 Mn
8 Doximity 3.82 Bn 3.08 Bn 125.97 Mn 101.14 Mn
9 Privia Health 3.10 Bn 2.73 Bn - 596.43 Mn
10 Omnicell 1.81 Bn 1.57 Bn 140.36 Mn 123.51 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 418.94 Mn