---
schema_version: "secwatch.filing_event.v1"
accession: "0001759655-24-000050"
form_type: "8-K"
ticker: "PRVA"
cik: "0001759655"
company_name: "Privia Health Group, Inc."
filed_at: "2024-05-09T23:59:59+00:00"
generated_at: "2026-06-02T06:36:31.949975+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Privia Health Q1 revenue +7.5% to $415M; GAAP net income down 59% but adjusted EPS up 12.5%

## Summary
- Revenue $415.2M (+7.5% YoY); Practice Collections +7.4%; Implemented Providers +17.3%.
- GAAP net income $3.0M ($0.03 EPS) vs $7.3M ($0.06 EPS) in Q1'23; includes $11.9M stock comp.
- Non-GAAP adjusted net income $22.5M ($0.18 EPS) vs $19.3M ($0.16 EPS), +16.6% and +12.5% per share.
- Operating income fell 87.7% to $0.8M from $6.7M year-over-year.
- Company reiterated full year 2024 guidance.

## SEC filing metadata
- accession: 0001759655-24-000050
- form_type: 8-K
- ticker: PRVA
- cik: 0001759655
- company_name: Privia Health Group, Inc.
- filed_at: 2024-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1759655/000175965524000050/0001759655-24-000050-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1759655/000175965524000050/prva-20240509.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001759655-24-000050
- JSON: https://secwatch.observer/filing/0001759655-24-000050.json
- Plain text: https://secwatch.observer/filing/0001759655-24-000050.txt

## Key facts
- Earnings Releases
  Privia Health Group, Inc. reported the first quarter ended March 31, 2024 results: revenue $ 415.2, net income $ 3.0, EPS $ 0.03. Guidance reaffirmed.
  - Period: the first quarter ended March 31, 2024
  - Revenue: $ 415.2
  - Net income: $ 3.0
  - EPS: $ 0.03
  - Guidance: reaffirmed
  - Result: reported results
  source text: Privia Health Reports First Quarter 2024 Financial Results – Practice Collections +7.4% compared to 1Q’23 – Implemented Providers +17.3% compared to 1Q’23 – Company Reiterated Full Year 2024 Guidance ARLINGTON, VA – May 9, 2024 – Privia Health Group, Inc. (Nasdaq: PRVA) today announced financial results for the first quarter ended March 31, 2024. For the Three Months Ended March 31, ($ in millions, except per share amounts) 2024 2023 Change (%) Total revenue $ 415.2 $ 386.3 7.5 % Gross profit $ 93.4 $ 83.0 12.5 % Operating income $ 0.8 $ 6.7 (87.7) % Net income a $ 3.0 $ 7.3 (59.3) % Non-GAAP adjusted net income b $ 22.5 $ 19.3 16.6 % Net income per share $ 0.03 $ 0.06 (50.0) % Non-GAAP adjusted net income per share $ 0.18 $ 0.16 12.5 %
  evidence_url: https://www.sec.gov/Archives/edgar/data/1759655/000175965524000050/0001759655-24-000050-index.htm

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