Quarterly ResultAug 6, 2026, 08:49 AM
Privia Health Q2 Revenue $632.6M, Net Income $9.0M; Acquires PMG-NJ
AI Summary
Privia Health Group, Inc. reported strong financial results for the second quarter and first six months of 2026. Revenue for Q2 increased by 21.4% to $632.6 million, while net income attributable to the company surged by 236.7% to $9.0 million, resulting in diluted EPS of $0.07. The company also expanded its operations by acquiring a 77% ownership interest in PMG-NJ in the New Jersey market for $11.43 million in cash, bringing its total market presence to 17.
Key Highlights
- Q2 2026 revenue was $632.6 million, up 21.4% year-over-year.
- Q2 2026 net income attributable to Privia Health was $9.0 million, up 236.7% year-over-year.
- Q2 2026 diluted EPS was $0.07, up from $0.02 in Q2 2025.
- Acquired 77% ownership in PMG-NJ on May 19, 2026, for $11.43 million cash.
- Cash and cash equivalents totaled $412.2 million as of June 30, 2026.
- Total assets were $1.49 billion as of June 30, 2026.
- Total liabilities were $650.5 million as of June 30, 2026.
- Expanded operations to 17 markets as of June 30, 2026.
Price Impact
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