Privia Health Group, Inc. Q3 2025 Earnings Recap

Privia Health reported robust third-quarter results, marked by significant growth in practice collections and adjusted EBITDA, leading to an upward revision of its 2025 financial guidance.

Key Takeaways

• Implemented provider growth of 13.1% year-over-year, reaching 5,250, driving practice collections up 27.1% to $940.4 million.
• Adjusted EBITDA surged 61.6%, expanding the EBITDA margin to 30.5%, a 720 basis point improvement from the prior year.
• Increased total attributed lives by nearly 13% year-over-year, with plans to further expand through the acquisition of an ACO business from Evolent Health, enhancing market presence and value-based services.