Privia Health Group, Inc. (PRVA) FY2025 10-K Annual Report

Filed: Feb 27, 2026
Health Care
Services-Health ServicesSEC EDGAR

Privia Health Group, Inc. (PRVA) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Feb 27, 2026. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

Privia Health Group, Inc. FY2025 10-K Analysis

Business Overview

  • Core business: technology-driven physician enablement platform combining regional medical group partnership with provider autonomy, focused on value-based care (VBC) and provider workflow optimization
  • New emphasis: expansion of Privia Women’s Health and Pediatrics platforms and growth in virtual health services (4.7M virtual visits by 1.5M patients in 2025)
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Management Discussion & Analysis

  • Operating lease expense $3.2M in 2025 vs $2.8M in 2024 and $2.7M in 2023
  • Administrative service rebates $3.5M in 2025, $1.8M in 2024, $2.7M in 2023
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Risk Factors

  • Cybersecurity incident risk with potential to compromise patient and business data, cause operational disruption, and trigger costly remediation and liability
  • Board-level oversight of cybersecurity risks involving CISO with 15+ years health IT leadership, ensuring monthly updates to executive leadership
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Privia Health Group, Inc. FY2025 Key Financial Metrics
XBRL

Revenue

$2.1B

+22.3% YoY

Net Income

$23M

+59.3% YoY

Operating Margin

1.6%

+63bp YoY

Net Margin

1.1%

+25bp YoY

ROE

3.1%

+84bp YoY

Total Assets

$1.4B

+20.6% YoY

EPS (Diluted)

$0.18

+63.6% YoY

Operating Cash Flow

$163M

+49.5% YoY

Source: XBRL data from Privia Health Group, Inc. FY2025 10-K filing on SEC EDGAR. All figures in USD.

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