Privia Health Group Inc 2026年季度报告

☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2026OR ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the transition period fromtoCommission file number 001-40365_________________________ Privia Health Group, Inc. (Exact Name of Registrant as Specified in Its Charter)_________________________ Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports),and (2) has been subject to such filing requirements for the past 90 days.Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that theregistrant was required to submit such files).Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smallerreporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. AcceleratedfilerSmallerreportingcompanyEmerginggrowthcompany Large accelerated filer☒Non-accelerated filer☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☐No☒ As of May 1, 2026, the registrant had outstanding 126,012,374 shares of common stock. TABLE OF CONTENTS PART I - FINANCIAL INFORMATION Item1.Condensed Financial Statements (Unaudited)2Condensed Consolidated Balance Sheets2Condensed Consolidated Statements of Operations3Condensed Consolidated Statements of Stockholders’ Equity4Condensed Consolidated Statements of Cash Flows5Notes to Condensed Consolidated Financial Statements (Unaudited)6Item2.Management's Discussion and Analysis of Financial Condition and Results of Operations16Item3.Quantitative and Qualitative Disclosures About Market Risk27Item4.Controls and Procedures27 Item 1.Legal Proceedings27Item 1A.Risk Factors28Item 2.Unregistered Sales of Equity Securities and Use of Proceeds28Item 5.Other Information28Item6.Exhibits29Signatures30 INFORMATION REGARDING FORWARD-LOOKING STATEMENTS This quarterly report on Form 10-Q contains forward-looking statements. We intend such forward-looking statements to be covered bythe safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933, as amended (the“Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). In some cases, you canidentify these statements by forward-looking words such as “may,” “might,” “will,” “should,” “expects,” “plans,” “anticipates,”“believes,” “estimates,” “predicts,” “potential” or “continue,” the negative of these terms and other comparable terminology. Theseforward-looking statements, which are subject to risks, uncertainties and assumptions about us, may include projections of our futurefinancial performance, our anticipated growth strategies and anticipated trends in our business. These statements are only predictionsbased on our current expectations and projections about future events. There are important factors that could cause our actual results,level of activity, performance or achievements to differ materially from the results, level of activity, performance or achievementsexpressed or implied by the forward-looking statements. These risks and uncertainties include factors related to, among other things: •the heavily regulated industry in which we operate, and any failure by us to comply with applicable healthcare laws andgovernment regulations, which could result in our incurring financial penalties and becoming excluded from participating ingovernment health care programs;•the impact of changes in applicable laws, rules or regulations, including with respect to health plans and payers and ourrelationships with such plans and payers, and provisions that impact Medicare and Medicaid programs;•our dependence on relationships with Medical Groups (defined herein), some of which we do not own;•our growth strategy, which may not prove viable and we may not realize expected results;•difficulties implementing our proprietary end-to-end, cloud-based technology solution (the “Privia Technology Solution”) forPrivia Physicians (defined herein) and new Medical Groups;•the high level of competition in o