Growth Metrics

Agilon Health (AGL) Operating Expenses (2020 - 2026)

Agilon Health posted quarterly Operating Expenses of $1.4 billion for Q1 2026, down 8.9% year-on-year from $1.6 billion in Q1 2025, and down 19.67% on a QoQ basis from $1.8 billion in Q4 2025.

Agilon Health (AGL) has 7 years of Operating Expenses data on file, last reported at $1.4 billion in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses fell 8.9% year-over-year to $1.4 billion; the trailing twelve-month figure through Mar 2026 stood at $6.3 billion (down 0.61% YoY), and the FY2025 full-year result was $6.4 billion, up 0.68% from the prior year.
  • Operating Expenses for Q1 2026 stood at $1.4 billion, down from $1.8 billion in the prior quarter.
  • Across five years, Operating Expenses topped out at $1.8 billion in Q4 2025 and bottomed at $423.8 million in Q4 2022.
  • The 5-year median for Operating Expenses is $1.4 billion (2026), against an average of $1.2 billion.
  • The widest annual swing landed in 2022, when Operating Expenses decreased 13.31%; it then surged 187.93% in 2023.
  • A 5-year view of Operating Expenses shows it stood at $423.8 million in 2022, then soared by 187.93% to $1.2 billion in 2023, then soared by 33.61% to $1.6 billion in 2024, then advanced by 8.14% to $1.8 billion in 2025, then slipped by 19.67% to $1.4 billion in 2026.
  • The last three Operating Expenses figures came in at $1.4 billion (Q1 2026), $1.8 billion (Q4 2025), and $1.6 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 HCA Healthcare 84.64 Bn 87.02 Bn 16.26 Bn 16.82 Bn
2 Tenet Healthcare 15.22 Bn 14.39 Bn 4.41 Bn 27.00 Mn
3 Davita 13.10 Bn 13.96 Bn 1.07 Bn 2.93 Bn
4 Encompass Health 10.50 Bn 11.12 Bn 1.34 Bn 1.29 Bn
5 Ensign 9.69 Bn 9.09 Bn 293.37 Mn 1.26 Bn
6 Universal Health Services 8.92 Bn 8.88 Bn 3.21 Bn 3.99 Bn
7 Fresenius Medical Care AG 7.31 Bn 4.93 Bn 22,843.10 Bn 820.65 Mn
8 Chemed 5.83 Bn 5.81 Bn 215.76 Mn 572.94 Mn
9 Pacs 5.76 Bn 5.51 Bn 345.96 Mn 1.30 Bn
10 Agilon Health 1.53 Bn 1.30 Bn 1.05 Bn 1.42 Bn

Historic Data

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DateValue
Mar 31, 2026 1.42 Bn
Dec 31, 2025 1.76 Bn
Sep 30, 2025 1.57 Bn
Jun 30, 2025 1.51 Bn
Mar 31, 2025 1.55 Bn
Dec 31, 2024 1.63 Bn
Sep 30, 2024 1.58 Bn
Jun 30, 2024 1.53 Bn
Mar 31, 2024 1.61 Bn
Dec 31, 2023 1.22 Bn
Sep 30, 2023 1.18 Bn
Jun 30, 2023 1.10 Bn
Mar 31, 2023 1.05 Bn
Dec 31, 2022 423.85 Mn
Sep 30, 2022 724.38 Mn
Jun 30, 2022 691.19 Mn
Mar 31, 2022 654.19 Mn
Dec 31, 2021 176.98 Mn
Sep 30, 2021 494.21 Mn
Jun 30, 2021 797.32 Mn
Mar 31, 2021 425.22 Mn
Dec 31, 2020 360.75 Mn
Sep 30, 2020 322.53 Mn
Jun 30, 2020 294.85 Mn
Mar 31, 2020 296.88 Mn