---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-047123"
form_type: "8-K"
ticker: "PIII"
cik: "0001832511"
company_name: "P3 Health Partners Inc."
filed_at: "2024-11-12T23:59:59+00:00"
generated_at: "2026-05-30T02:11:00.373664+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# P3 Health Q3 revenue $362.1M (+26% YoY) but net loss widens to $102.9M; withdraws FY2024 guidance

## Summary
- Revenue $362.1M, up 26% YoY; capitated revenue $357.7M (+25%).
- Net loss $102.9M vs $37.3M loss in Q3 2023; Adjusted EBITDA loss $71.0M.
- Medical margin nearly zero at $0.5M vs $36.2M prior year; gross profit loss $39.8M.
- Withdraws FY2024 guidance due to lower risk adjustment, prior negative developments, elevated medical costs.
- CEO highlights $130M+ potential improvement opportunities; demand for platform remains strong.

## SEC filing metadata
- accession: 0001628280-24-047123
- form_type: 8-K
- ticker: PIII
- cik: 0001832511
- company_name: P3 Health Partners Inc.
- filed_at: 2024-11-12T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1832511/000162828024047123/0001628280-24-047123-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1832511/000162828024047123/piii-20241112.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-047123
- JSON: https://secwatch.observer/filing/0001628280-24-047123.json
- Plain text: https://secwatch.observer/filing/0001628280-24-047123.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.