v3.25.2
Condensed Consolidated Statements of Operations (unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Income Statement [Abstract]        
Revenue $ 521,153 $ 422,326 $ 1,001,250 $ 837,569
Operating expenses:        
Provider expense 405,992 322,536 780,801 642,872
Cost of platform 64,918 57,106 124,444 111,163
Sales and marketing 6,805 6,852 13,727 12,937
General and administrative 37,519 28,916 69,240 61,037
Depreciation and amortization 2,583 1,818 4,484 3,639
Total operating expenses 517,817 417,228 992,696 831,648
Operating income 3,336 5,098 8,554 5,921
Interest income, net 2,408 2,966 5,339 5,950
Income before provision for income taxes 5,744 8,064 13,893 11,871
Provision for income taxes 2,456 3,421 4,559 4,172
Net income 3,288 4,643 9,334 7,699
Less: Net income attributable to non-controlling interests 601 1,176 2,427 1,248
Net income attributable to Privia Health Group, Inc. $ 2,687 $ 3,467 $ 6,907 $ 6,451
Net income per share attributable to Privia Health Group, Inc. stockholders – basic (in dollars per share) $ 0.02 $ 0.03 $ 0.06 $ 0.05
Net income per share attributable to Privia Health Group, Inc. stockholders – diluted (in dollars per share) $ 0.02 $ 0.03 $ 0.05 $ 0.05
Weighted average common shares outstanding - basic (in shares) 122,132,245 119,301,350 121,370,949 118,902,095
Weighted average common shares outstanding – diluted (in shares) 128,447,069 125,317,908 128,149,252 125,315,681