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

Privia Health (PRVA) recorded quarterly Operating Expenses of $596.4 million in Q1 2026, up 12.56% quarter-over-quarter from $529.9 million in Q4 2025, and up 25.6% on a YoY basis from $474.9 million in Q1 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.

  • In Q1 2026, Operating Expenses rose 25.6% year-over-year to $596.4 million; the TTM figure through Mar 2026 stood at $2.2 billion (up 24.18% YoY), while the FY2025 annual figure was $2.1 billion, up 21.47% from the prior year.
  • Operating Expenses was $596.4 million for Q1 2026 at Privia Health, up from $529.9 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $596.4 million in Q1 2026 to a low of $325.3 million in Q1 2022.
  • Historically, Operating Expenses has averaged $436.3 million across 5 years, with a median of $417.2 million in 2024.
  • Biggest YoY gain for Operating Expenses was 58.17% in 2022; the steepest drop was 18.66% in 2022.
  • A 5-year view of Operating Expenses shows it 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.
  • The last three Operating Expenses figures came in at $596.4 million (Q1 2026), $529.9 million (Q4 2025), and $566.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Veeva Systems 24.83 Bn 17.52 Bn 662.02 Mn 388.91 Mn
2 BrightSpring Health Services 13.57 Bn 12.69 Bn 482.22 Mn 360.77 Mn
3 Healthequity 7.20 Bn 6.93 Bn 256.31 Mn 153.36 Mn
4 Hinge Health 5.42 Bn 5.11 Bn 154.23 Mn 122.16 Mn
5 10x Genomics 4.46 Bn 3.92 Bn 106.18 Mn 123.22 Mn
6 Doximity 3.81 Bn 3.06 Bn 125.97 Mn 101.14 Mn
7 Waystar Holding 3.52 Bn 3.36 Bn 268.04 Mn 233.41 Mn
8 Privia Health 2.94 Bn 2.57 Bn 595.71 Mn 596.43 Mn
9 Omnicell 1.76 Bn 1.59 Bn 140.36 Mn 123.51 Mn
10 Teladoc Health 1.45 Bn 696.57 Mn 562.57 Mn 675.61 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