InsiderClue
Stocks · Health care · Services-Health Services

P3 Health Partners Inc.

PIII Clue Score31
United States Fiscal year ends December CIK 0001832511
$4.95 -6.78% Close, 9 Oct 2026
Alert on the numbers Alert on insider trades
Price $4.95 −49.95% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 6 Apr 2021. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2019Revenue145.5Operating income−39.5Net income−42.0Fiscal year 2020Revenue491.1 +237.5%Operating income−28.6Net income−31.4Fiscal year 2021Revenue578.6 +17.8%Operating income−129.1Net income−146.4Fiscal year 2022Revenue1,049.5 +81.4%Operating income−1,560.9Net income−270.1EPS, diluted−6.50Fiscal year 2023Revenue1,266.4 +20.7%Operating income−167.9Net income−57.8EPS, diluted−0.63Fiscal year 2024Revenue1,500.5 +18.5%Operating income−320.7Net income−135.8EPS, diluted−54.06Fiscal year 2025Revenue1,459.1 −2.8%Operating income−270.3Net income−147.9EPS, diluted−45.26
FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 145.5 491.1 578.6 1,049.5 1,266.4 1,500.5 1,459.1
Growth +237.5% +17.8% +81.4% +20.7% +18.5% −2.8%
Operating income −39.5 −28.6 −129.1 −1,560.9 −167.9 −320.7 −270.3
Net income −42.0 −31.4 −146.4 −270.1 −57.8 −135.8 −147.9
Growth
EPS, diluted n/a n/a n/a −6.50 −0.63 −54.06 −45.26

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Operating marginNet margin
Fiscal year 2019Operating margin−27.2%Net margin−28.8%Free cash flow margin−20.4%Fiscal year 2020Operating margin−5.8%Net margin−6.4%Free cash flow margin−5.6%Fiscal year 2021Operating margin−22.3%Net margin−25.3%Free cash flow margin−9.4%Fiscal year 2022Operating margin−148.7%Net margin−25.7%Free cash flow margin−12.2%Fiscal year 2023Operating margin−13.3%Net margin−4.6%Free cash flow margin−6.1%Fiscal year 2024Operating margin−21.4%Net margin−9.1%Free cash flow margin−7.3%Fiscal year 2025Operating margin−18.5%Net margin−10.1%
FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating margin −27.2% −5.8% −22.3% −148.7% −13.3% −21.4% −18.5%
Net margin −28.8% −6.4% −25.3% −25.7% −4.6% −9.1% −10.1%
Free cash flow margin −20.4% −5.6% −9.4% −12.2% −6.1% −7.3% n/a

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2019Operating cash flow−28.3Capital expenditure−1.5Free cash flow−29.7Fiscal year 2020Operating cash flow−24.6Capital expenditure−2.9Free cash flow−27.5Fiscal year 2021Operating cash flow−51.1Capital expenditure−3.3Free cash flow−54.4Fiscal year 2022Operating cash flow−126.0Capital expenditure−2.2Free cash flow−128.3Fiscal year 2023Operating cash flow−76.0Capital expenditure−1.8Free cash flow−77.9Fiscal year 2024Operating cash flow−110.1Capital expenditure0.0Free cash flow−110.1Fiscal year 2025Operating cash flow−91.2
FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow −28.3 −24.6 −51.1 −126.0 −76.0 −110.1 −91.2
Capital expenditure −1.5 −2.9 −3.3 −2.2 −1.8 0.0 n/a
Free cash flow −29.7 −27.5 −54.4 −128.3 −77.9 −110.1 n/a
Growth

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2019Cash32.6Fiscal year 2020Cash36.3Total debt45.5Net cash (debt)−9.2Shareholders’ equity0.0Debt to equity2,002.20Fiscal year 2021Cash5.3Shareholders’ equity−34.2Fiscal year 2022Cash17.5Total debt94.4Net cash (debt)−76.9Shareholders’ equity5.9Debt to equity16.13Fiscal year 2023Cash36.3Total debt108.3Net cash (debt)−72.0Shareholders’ equity142.1Debt to equity0.76Fiscal year 2024Cash38.8Total debt184.1Net cash (debt)−145.2Shareholders’ equity75.9Debt to equity2.42Fiscal year 2025Cash25.0Total debt273.4Net cash (debt)−248.4Shareholders’ equity−155.2
FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 32.6 36.3 5.3 17.5 36.3 38.8 25.0
Total debt n/a 45.5 n/a 94.4 108.3 184.1 273.4
Net cash (debt) n/a −9.2 n/a −76.9 −72.0 −145.2 −248.4
Shareholders’ equity n/a 0.0 −34.2 5.9 142.1 75.9 −155.2
Debt to equity n/a 2,002.20 n/a 16.13 0.76 2.42 n/a

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 2 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Margins
−27.2% −5.8% −22.3% −148.7% −13.3% −21.4% −18.5%
−28.8% −6.4% −25.3% −148.6% −14.5% −20.4% −22.0%
−28.8% −6.4% −25.3% −25.7% −4.6% −9.1% −10.1%
−20.4% −5.6% −9.4% −12.2% −6.1% −7.3% n/a
Spending
25.0% 10.9% 17.3% 15.0% 9.7% 7.5% 7.3%
1.0% 0.6% 0.6% 0.2% 0.1% 0.0% n/a
Returns
n/a −138,291.5% n/a −4,614.4% −40.6% −178.9% n/a
n/a −29.5% −46.2% −30.8% −6.7% −17.3% −22.5%
Balance and payout
n/a 2,002.20 n/a 16.13 0.76 2.42 n/a
n/a 137.1% 10.9% 40.4% 49.6% 80.9% 121.4%