Services-Health Services · SIC 8000

P3 Health Partners Inc.

PIIIW

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Latest revenue

$386.4M

as of 2026-03-31

Latest net income

$1.2M

as of 2026-03-31

Net margin

0.3%

as of 2026-03-31

Price · 5Y

-52.1% / yr 65.9 pts / yr vs S&P 500 97.4% total
Compare:

Live market

delayed ≤15 min
$0.03
30.39%
Market cap
$88.3K
Enterprise value
$88.3K
P/E (trailing)
Forward P/E
P/B
Dividend yield
0.0%
52-wk high
$0.25
52-wk low
$0.00
Beta
Shares out
3.3M

5-year trend

What this company does

AI

Item 1. Business. Background We were incorporated in Delaware as Foresight Acquisition Corp. (“Foresight”) on August 20, 2020. On December 3, 2021 (the “Closing Date”), we completed the Business Combinations (defined and discussed more fully below) with P3 Health Group Holdings, LLC, a Delaware limited liability company (“P3 Health Group Holdings”) and we changed our name to P3 Health Partners Inc. Following the Business Combinations, we are organized in an “Up-C” structure, in which P3 Health Partners Inc. is the sole manager of P3 Health Group, LLC and directly owns approximately 46% of P3 Health Group, LLC as of December 31, 2025. Substantially all of the Company’s assets are held and…

AI summary unavailable — showing raw filing excerpt

Generated from PIIIW's filing dated 2026-03-26

Key risks

AI

Table of Contents Item 1A. Risk Factors. Our business involves a high degree of risk. You should carefully consider the risks and uncertainties described below, together with all of the other information in this Form 10-K. The occurrence of any of the events described below could harm our business, operating results, financial condition, liquidity, or prospects. In any such event, the market price of our Class A common stock could decline, and you may lose all or part of your investment. This Form 10-K also contains forward-looking statements that involve risks and uncertainties. See “Cautionary Statement Regarding Forward-Looking Statements.” Our actual results could differ materially and…

AI summary unavailable — showing raw filing excerpt

Generated from PIIIW's filing dated 2026-03-26

Profitability

Operating margin

-18.5%

13.3%

Net margin

-12.0%

3.2%

Return on equity

112.8%

149.1%

Return on assets

-26.7%

19.7%

Leverage

Debt / equity

-5.23×

156.1%

Long-term debt / equity

-1.47×

202.6%

Debt / assets

123.6%

36.9%

Earnings tracker

QuarterRevenueYoYNet incomeYoYNet margin

Q1 2026

2026-03-31

$386.4M+3.5%$1.2M+106.0%0.3%

Q4 2025

2025-12-31

$384.8M+3.8%$-102.7M-5.6%-26.7%

Q3 2025

2025-09-30

$345.3M-4.7%$-31.6M+32.1%-9.1%

Q2 2025

2025-06-30

$355.8M-6.2%$-20.4M-69.4%-5.7%

Q1 2025

2025-03-31

$373.2M-3.9%$-20.5M-9.5%-5.5%

Q4 2024

2024-12-31

$370.7M$-97.3M-26.2%

Q3 2024

2024-09-30

$362.1M+25.6%$-46.5M-249.8%-12.8%

Q2 2024

2024-06-30

$379.2M+15.2%$-12.0M-22.5%-3.2%

Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.

Industry trend

Services-Health Services · SIC 8000

No data yet for industry average

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Insider activity

No insider transactions on file for PIIIW in the last 12 months.

Source: SEC Form 4 filings. Backfill runs nightly.

Who owns PIIIW

Institutional value

$25.8K

Total shares held

4.4M

Distinct holders

7

-11 vs prior

As of

2026-03-31

Prior: 2025-12-31

Filers with $100M+ AUM disclose holdings 45 days after quarter end.

Top institutional holders

#ManagerSharesValueQoQ changeAction
1Walleye Capital LLC4.0M$23.5K+2.0M (+100.0%)Added
2Warberg Asset Management LLC292.1K$1.7K+0 (+0.0%)No change
3SANDERS MORRIS HARRIS LLC93.3K$467New
4BLAIR WILLIAM & CO/IL8.6K$43+0 (+0.0%)No change
5WOLVERINE ASSET MANAGEMENT LLC5.1K$30+0 (+0.0%)No change
6UBS Group AG2.0K$10-908 (-31.6%)Trimmed
7Athos Capital Ltd37.1K$2+0 (+0.0%)No change

Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.

Top questions investors are asking

Coming once PIIIW's latest filing finishes processing.