Privia Health Group Inc
For the period ended Mar 31, 2024. Filed May 9, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 9, 2024
PRVA$24.37-0.7%Stored close · as of Nov 10, 2026
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Condensed Consolidated Statements of Operations
(in thousands, except share and per share data)
| For the Three Months Ended March 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Revenue | $415,243 | $386,276 |
| Operating expenses: | ||
| Provider expense | 320,336 | 302,255 |
| Cost of platform | 54,057 | 44,730 |
| Sales and marketing | 6,085 | 5,286 |
| General and administrative | 32,121 | 25,951 |
| Depreciation and amortization | 1,821 | 1,340 |
| Total operating expenses | 414,420 | 379,562 |
| Operating income | 823 | 6,714 |
| Interest income, net | (2,984) | (1,813) |
| Income before provision for income taxes | 3,807 | 8,527 |
| Provision for income taxes | 751 | 2,125 |
| Net income | 3,056 | 6,402 |
| Less: Net income (loss) attributable to non-controlling interests | 72 | (922) |
| Net income attributable to Privia Health Group, Inc. | $2,984 | $7,324 |
| Net income per share attributable to Privia Health Group, Inc. stockholders – basic | $0.03 | $0.06 |
| Net income per share attributable to Privia Health Group, Inc. stockholders – diluted | $0.02 | $0.06 |
| Weighted average common shares outstanding – basic | 118,505,320 | 115,009,010 |
| Weighted average common shares outstanding – diluted | 125,053,404 | 124,328,964 |
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