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PIII

P3 Health Partners·NASDAQ
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PIII fundamentals

P3 Health Partners (PIII) released its earnings on Nov 14, 2025: revenue was 345.25M (YoY -4.65%), missed estimates; EPS was -9.67 (YoY -3019.35%), missed estimates.
Revenue / YoY
345.25M
-4.65%
EPS / YoY
-9.67
-3019.35%
Report date
Nov 14, 2025
PIII Earnings Call Summary for Q3,2025
  • Revenue & Margin Growth: 6% capitated revenue growth, flat medical cost trend vs industry rise, and 5% premium rate increase for 2026.
  • Profitability Roadmap: $100M+ EBITDA improvement in 2025, targeting $120M-$170M expansion in 2026.
  • Strategic Momentum:
    • 13,000 new ACO members added, 25,000+ MA pipeline, and 17.4% higher performance from Tier 1 providers.
    • 500+ basis points gross margin expansion potential from stable medical trends and rate increases.
  • Operational Strength:
    • $10.4M operating expense reduction, 33% YoY.
    • 2026 EBITDA expansion 40% from risk alignment, 30% from clinical scale, 20% from contracts.
  • Risk Management:
    • Q3 2025 $21M unfavorable settlement resolved with new controls.
    • 2026 outlook: stable medical trends, 5% rate increase, and 500+ basis points margin expansion.
EPS
Revenue

Revenue & Expenses

PIII has released its 2025 Q3 earnings report, with revenue of 345.25M, reflecting a YoY change of -4.66%, and net profit of -69.46M, showing a YoY change of 32.46%. The Sankey diagram below clearly presents PIII's revenue sources and cost distribution.

Key Indicators

P3 Health Partners (PIII) key financial stats and ratios, covering profitability, financial health, and leverage.
P3 Health Partners (PIII)'s revenue and profit trends over recent years, visualized with a waterfall chart to showcase the revenue-to-profit funnel.
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P3 Health Partners (PIII)'s asset and liability trends over recent years, visualized with a waterfall chart to illustrate changes in its asset-liability structure.
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P3 Health Partners (PIII)'s cash flow trends over recent years, visualized with a waterfall chart to illustrate changes in its operating, investing, and financing cash flows.
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Where does P3 Health Partners (PIII) generate its revenue? Explore its key revenue streams and top earning regions.
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Track P3 Health Partners (PIII) Dividend Yield, Payout Ratio & Sustainability Through Its Dividend History
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