P3 Health Partners annual operating expenses
2019
2020
2021
2022
2023
2024
2025
P3 Health Partners Operating Expenses Growth & History (PIII)
P3 Health Partners's operating expenses was $1.73B for fiscal 2025.
View full P3 Health Partners company overviewP3 Health Partners annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $1.73B | −$91.7M | −5.04% |
| 2024 | 2024-12-31 | $1.82B | $386.8M | +26.97% |
| 2023 | 2023-12-31 | $1.43B | −$1.18B | −45.05% |
| 2022 | 2022-12-31 | $2.61B | — | — |
| 2021 | 2021-12-02 | $707.7M | — | — |
| 2020 | 2020-12-31 | $519.7M | $334.6M | +180.87% |
| 2019 | 2019-12-31 | $185.0M | — | — |
P3 Health Partners quarterly operating expenses
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $345.2M | −$44.8M | −11.48% |
| Q1 2026 | 2026-03-31 | $378.2M | −$33.2M | −8.06% |
| Q4 2025 | 2025-12-31 | $538.7M | $29.5M | +5.79% |
| Q3 2025 | 2025-09-30 | $389.5M | −$79.6M | −16.98% |
| Q2 2025 | 2025-06-30 | $389.9M | −$20.6M | −5.01% |
| Q1 2025 | 2025-03-31 | $411.3M | −$21.0M | −4.86% |
| Q4 2024 | 2024-12-31 | $509.2M | $98.1M | +23.85% |
| Q3 2024 | 2024-09-30 | $469.1M | $146.9M | +45.61% |
| Q2 2024 | 2024-06-30 | $410.5M | $60.4M | +17.24% |
| Q1 2024 | 2024-03-31 | $432.3M | $81.4M | +23.21% |
| Q4 2023 | 2023-12-31 | $411.1M | −$383.6M | −48.27% |
| Q3 2023 | 2023-09-30 | $322.2M | $13.9M | +4.51% |
| Q2 2023 | 2023-06-30 | $350.1M | −$831.5M | −70.37% |
| Q1 2023 | 2023-03-31 | $350.9M | $25.2M | +7.73% |
| Q4 2022 | 2022-12-31 | $794.8M | — | — |
| Q3 2022 | 2022-09-30 | $308.3M | $124.0M | +67.26% |
| Q2 2022 | 2022-06-30 | $1.18B | $1.01B | +592.81% |
| Q1 2022 | 2022-03-31 | $325.7M | $161.4M | +98.26% |
| Q4 2021 | 2021-12-02 | $188.5M | — | — |
| Q3 2021 | 2021-09-30 | $184.3M | — | — |
| Q2 2021 | 2021-06-30 | $170.6M | — | — |
| Q1 2021 | 2021-03-31 | $164.3M | — | — |
P3 Health Partners operating expenses trends
Over the last five fiscal years, P3 Health Partners's operating expenses increased from $519.7M to $1.73B, a change of $1.21B. The latest reported quarter, Q2 2026, shows $345.2M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review P3 Health Partners source filings ↗