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| Date | Value |
|---|---|
| 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 |