Quarterly ResultMay 7, 2026, 06:13 AM
Privia Health Q1 Revenue $603.8M, Adjusted EBITDA $36.7M
AI Summary
Privia Health Group, Inc. announced strong financial results for the first quarter ended March 31, 2026, with total revenue increasing by 25.8% to $603.8 million and Adjusted EBITDA growing by 36.3% to $36.7 million. The company also reported significant growth in key operating metrics, including a 13.6% rise in Implemented Providers and a 26.5% increase in Value-Based Care Attributed Lives. Privia Health reiterated its full-year 2026 guidance for most metrics while raising its outlook for Attributed Lives, reflecting continued momentum.
Key Highlights
- Total revenue increased 25.8% year-over-year to $603.8 million.
- Adjusted EBITDA grew 36.3% year-over-year to $36.7 million.
- Non-GAAP adjusted net income rose 22.3% to $24.3 million.
- Implemented Providers increased 13.6% to 5,535.
- Value-Based Care Attributed Lives grew 26.5% to 1,606,000.
- Practice Collections were $914.8 million, up 14.6% year-over-year.
- Full-year 2026 guidance for Attributed Lives was raised to 1,600,000 - 1,625,000.
- Net income decreased 27.4% to $3.1 million, impacted by non-cash stock compensation expense.
Price Impact
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