Agilon Health (AGL) Gross Margin (2020 - 2026)
Agilon Health's Gross Margin came in at 7.17% for Q2 2026, up 10.93 percentage points from -3.76% a year earlier and up 2.59 percentage points from the prior quarter.
Agilon Health (AGL) Gross Margin (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Agilon Health reported Gross Margin of 2.17%, up 3.94 percentage points year-over-year; for FY2025, it was -0.76%, down 0.84 percentage points from FY2024.
- Gross Margin carries a five-year change of -16.89 percentage points (FY2020 to FY2025).
- Going back by year, Gross Margin was 0.08% in FY2024 (-1.53 pp), 1.61% in FY2023 (+2.10 pp), -0.48% in FY2022 (+7.81 pp) and -8.29% in FY2021 (-24.42 pp).
- The Q2 2026 figure represents the highest quarterly Gross Margin since Q1 2023.
- Year-over-year, Gross Margin has increased for three consecutive quarters, with an average year-over-year change of +0.93 percentage points over the last eight quarters.
- The fastest year-over-year change in Gross Margin over five years came in Q4 2022 (a gain of 115.64 percentage points), and the weakest in Q4 2021 (a drop of 194.26 percentage points).
- Business Quant data shows AGL's Gross Margin at 4.58% (Q1 2026), 1.53% (Q4 2025) and -4.71% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 341.92 Bn | 226.55 Bn | 36.67 Bn | 32.74% |
| 2 | Cvs Health | 112.26 Bn | 64.87 Bn | 47.23 Bn | 44.52% |
| 3 | Mckesson | 99.84 Bn | 86.30 Bn | 3.69 Bn | 3.50% |
| 4 | Elevance Health | 85.53 Bn | -56.21 Bn | 13.45 Bn | 26.65% |
| 5 | Cigna | 71.85 Bn | 41.39 Bn | 14.97 Bn | 20.88% |
| 6 | Cencora | 57.95 Bn | 47.04 Bn | 3.61 Bn | 4.26% |
| 7 | Cardinal Health | 51.09 Bn | 35.09 Bn | 2.56 Bn | 4.02% |
| 8 | Humana | 46.78 Bn | -41.02 Bn | 5.50 Bn | 13.45% |
| 9 | Centene | 30.87 Bn | -59.41 Bn | 14.55 Bn | 27.16% |
| 10 | Agilon Health | 1.34 Bn | 322.38 Mn | 107.14 Mn | 7.17% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.17% |
| Mar 31, 2026 | 4.58% |
| Dec 31, 2025 | 1.53% |
| Sep 30, 2025 | -4.71% |
| Jun 30, 2025 | -3.76% |
| Mar 31, 2025 | 3.31% |
| Dec 31, 2024 | -2.51% |
| Sep 30, 2024 | -4.42% |
| Jun 30, 2024 | 2.17% |
| Mar 31, 2024 | 4.68% |
| Dec 31, 2023 | -8.98% |
| Sep 30, 2023 | 3.24% |
| Jun 30, 2023 | 5.10% |
| Mar 31, 2023 | 7.73% |
| Dec 31, 2022 | -69.87% |
| Sep 30, 2022 | 11.02% |
| Jun 30, 2022 | 12.38% |
| Mar 31, 2022 | 13.35% |
| Dec 31, 2021 | -185.52% |
| Sep 30, 2021 | 9.68% |
Agilon Health Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=AGL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "AGL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=AGL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();