Privia Health Group Inc

Latest Results (09.10.2025):

Privia Health Group Inc reported strong financial results for the second quarter of 2025, demonstrating significant growth in key operating and financial metrics. The company saw a 23.4% increase in total revenue compared to the same quarter last year, alongside substantial gains in practice collections and non-GAAP adjusted net income. Additionally, Privia raised its full-year guidance, reflecting confidence in continued performance and strategic investments.

Revenue Growth

Total revenue for Q2 2025 reached $521.2 million, marking a 23.4% increase from $422.3 million in Q2 2024. This growth underscores Privia's expanding market presence and effective revenue-generating strategies.

Practice Collections Increase

Practice collections rose by 18.5% year-over-year, totaling $862.9 million in Q2 2025 compared to $728.0 million in the previous year. This increase highlights the company's successful efforts in enhancing its service offerings and provider network.

Non-GAAP Adjusted Net Income

Non-GAAP adjusted net income surged by 30.1%, reaching $30.6 million in Q2 2025 compared to $23.5 million in Q2 2024. This significant growth reflects improved operational efficiency and effective cost management.

Guidance Raised

Privia Health has raised its full-year 2025 guidance to the high end of its projected range for practice collections, GAAP revenue, platform contribution, and adjusted EBITDA. This adjustment demonstrates the company's positive outlook and confidence in sustaining its growth trajectory.

Financial Stability

The company maintains a strong liquidity position with $390.1 million in cash and no debt, following the deployment of $95 million for the IMS transaction in Arizona. This financial stability provides a solid foundation for future investments and strategic initiatives.