PRVA Privia Health Group, Inc.

Overview and Growth

In fiscal 2025, Privia Health Group, Inc. recorded $2.12B of revenue, net income of $22.92M, and an operating cash inflow of $163.40M. The $2.12B revenue base provides substantial context for the company’s earnings, cash generation, and capital requirements. Compared with $1.74B in fiscal 2024, revenue recorded a 22.3% year-over-year increase. The company reported diluted EPS of $0.18, adding a shareholder-level measure to the absolute income figures considered below. Against diluted EPS of $0.11 in fiscal 2024, the current result was 63.6% higher. The diluted weighted-average share count was 128.89M, linking total earnings with the per-share result received by shareholders. The company employed $1.37B of total assets, the balance-sheet base supporting its current operating and cash-flow results. Asset turnover was 1.55x, relating the company’s annual revenue directly to the total assets reported at the period end.

Profitability

Operations produced $34.23M of income after the reported operating expense base, before the remaining non-operating and tax effects. Relative to revenue, operating income represented 1.6%, showing how efficiently sales converted into operating profit. The bottom-line result was net income of $22.92M, after the operating, financing, tax, and other items recognized for the period. Net margin was 1.1%, meaning that this portion of revenue remained as net income after all recognized expenses. Reported EBITDA totaled $44.14M, adding a pre-interest, tax, depreciation, and amortization perspective to the profitability profile. Pretax income was $43.94M, isolating the reported earnings outcome before the income-tax provision recognized for the fiscal year. Measured against revenue, pretax income equaled 2.1%, adding a pre-tax profitability layer between revenue and net income. The company recognized $14.21M of income tax for the period, completing the transition from pretax income to net income. Relative to pretax income, the tax provision measured 32.3%, quantifying the portion of pre-tax earnings paid in income tax. The relationship between net income and period-end equity was 2.9%, indicating the profitability achieved on book capital. Net income represented 1.7% of period-end assets, placing the company’s bottom-line result against the total resource base employed. The company moved from fiscal 2024 net income of $14.38M to $22.92M, with the current outcome ending above that comparison.

Liquidity and Capital Structure

Total assets were $1.37B, supported by $578.43M of liabilities and $790.94M of shareholder equity. The near-term balance sheet paired $911.00M of current assets with $568.52M of current liabilities at the reporting date. At 1.6x, the current ratio shows that short-term assets were greater than short-term liabilities at period end. Cash and equivalents totaled $479.69M, identifying the most liquid reported component available within the broader current-asset balance. Cash and equivalents represented 84.4% of current liabilities, showing the portion of near-term obligations matched by reported cash alone. The equity-to-assets relationship was 57.8%, placing book capital against the total resource base. The liabilities-to-assets relationship was 42.2%, placing reported obligations against the full positive asset balance. Measured against total assets, cash and equivalents represented 35.0%, a balance-sheet composition measure rather than a liquidity forecast. Compared with $1.14B in fiscal 2024, the current asset base moved 20.6% and finished higher. Reported equity changed 15.7% from $683.45M in fiscal 2024, placing the current capital base higher year over year. The reported cash balance changed 2.3% from $491.15M in fiscal 2024, ending lower year over year.

Cash Flow and Earnings Quality

Cash flow from operations was $163.40M, a reported cash inflow that can be compared directly with net income and capital spending. Against net income, operating cash flow measured 7.13x, showing the relationship between accrual earnings and operating cash.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Sep 24, 2026.