Privia Health (PRVA) Operating Margin (2020 - 2026)
Privia Health (PRVA) recorded quarterly Operating Margin of 1.23% in Q1 2026, down 41.02% quarter-over-quarter from 2.08% in Q4 2025, and up 14.0% on a YoY basis from 1.08% in Q1 2025.
Privia Health (PRVA) Operating Margin (2020 - 2026) Analysis & Trends
Privia Health's Operating Margin history runs 7 years deep, the most recent figure standing at 1.23% for Q1 2026.
- In Q1 2026, Operating Margin rose 14.0% year-over-year to 1.23%; the TTM figure through Mar 2026 stood at 1.62% (up 44.0% YoY), while the FY2025 annual figure was 1.61%, up 63.0% from the prior year.
- Operating Margin was 1.23% for Q1 2026 at Privia Health, down from 2.08% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 2.48% in Q3 2025 to a low of 3.68% in Q1 2022.
- Historically, Operating Margin has averaged 0.62% across 5 years, with a median of 1.14% in 2024.
- Biggest YoY gain for Operating Margin was 8401 bps in 2022; the steepest drop was 738 bps in 2022.
- A 5-year view of Operating Margin shows it stood at 0.62% in 2022, then plunged by 48 bps to 0.32% in 2023, then soared by 253 bps to 1.14% in 2024, then jumped by 83 bps to 2.08% in 2025, then slumped by 41 bps to 1.23% in 2026.
- The last three Operating Margin figures came in at 1.23% (Q1 2026), 2.08% (Q4 2025), and 2.48% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 24.83 Bn | 17.52 Bn | 662.02 Mn | 30.93% |
| 2 | BrightSpring Health Services | 13.57 Bn | 12.69 Bn | 482.22 Mn | 3.36% |
| 3 | Healthequity | 7.20 Bn | 6.93 Bn | 256.31 Mn | 29.03% |
| 4 | Hinge Health | 5.42 Bn | 5.11 Bn | 154.23 Mn | 17.59% |
| 5 | 10x Genomics | 4.46 Bn | 3.92 Bn | 106.18 Mn | -11.30% |
| 6 | Doximity | 3.81 Bn | 3.06 Bn | 125.97 Mn | 17.08% |
| 7 | Waystar Holding | 3.52 Bn | 3.36 Bn | 268.04 Mn | 25.64% |
| 8 | Privia Health | 2.94 Bn | 2.57 Bn | 595.71 Mn | 1.23% |
| 9 | Omnicell | 1.76 Bn | 1.59 Bn | 140.36 Mn | 5.44% |
| 10 | Teladoc Health | 1.45 Bn | 696.57 Mn | 562.57 Mn | -10.06% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.23% |
| Dec 31, 2025 | 2.08% |
| Sep 30, 2025 | 2.48% |
| Jun 30, 2025 | 0.64% |
| Mar 31, 2025 | 1.09% |
| Dec 31, 2024 | 1.14% |
| Sep 30, 2024 | 1.33% |
| Jun 30, 2024 | 1.21% |
| Mar 31, 2024 | 0.20% |
| Dec 31, 2023 | 0.32% |
| Sep 30, 2023 | 1.33% |
| Jun 30, 2023 | 1.69% |
| Mar 31, 2023 | 1.74% |
| Dec 31, 2022 | 0.62% |
| Sep 30, 2022 | -1.33% |
| Jun 30, 2022 | -1.56% |
| Mar 31, 2022 | -3.68% |
| Dec 31, 2021 | -7.03% |
| Sep 30, 2021 | -5.09% |
| Jun 30, 2021 | -85.57% |