Cash Flow Statement
Growth Metrics

Elevance Health (ELV) Gross Margin (2009 - 2026)

Elevance Health (ELV) reported Gross Margin of 28.04% for Q1 2026, down 6177.0% year-over-year from 0.46% in Q1 2025, and down 69.68% on a QoQ basis from 92.5% in Q4 2025.

Elevance Health (ELV) has 18 years of Gross Margin data on file, last reported at 28.04% in Q1 2026.

  • Quarterly Gross Margin fell 6177.0% year-over-year to 28.04% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 60.54% (down 7206.0% YoY) and the FY2025 annual result came in at 89.28%, up 44.0% from the prior year.
  • Gross Margin eased to 28.04% in Q1 2026 per ELV's latest filing, from 92.5% in the prior quarter.
  • Across five years, Gross Margin topped out at 263.54% in Q4 2024 and bottomed at 169.47% in Q4 2023.
  • The 5-year median for Gross Margin is 88.61% (2024), against an average of 64.53%.
  • The widest annual swing landed in 2023, when Gross Margin slumped 26308 bps; it then jumped 43301 bps in 2024.
  • Tracing ELV's Gross Margin over 5 years: stood at 93.6% in 2022, then slumped by 281 bps to 169.47% in 2023, then surged by 256 bps to 263.54% in 2024, then sank by 65 bps to 92.5% in 2025, then slumped by 70 bps to 28.04% in 2026.
  • Per Business Quant, the three latest ELV Gross Margin figures stand at 28.04% (Q1 2026), 92.5% (Q4 2025), and 8.74% (Q3 2025).

Historic Data

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DateValue
Mar 31, 2026 28.04%
Dec 31, 2025 92.50%
Sep 30, 2025 8.74%
Jun 30, 2025 89.29%
Mar 31, 2025 89.81%
Dec 31, 2024 263.54%
Sep 30, 2024 88.61%
Jun 30, 2024 88.85%
Mar 31, 2024 91.02%
Dec 31, 2023 -169.47%
Sep 30, 2023 86.82%
Jun 30, 2023 88.17%
Mar 31, 2023 91.75%
Dec 31, 2022 93.60%
Sep 30, 2022 26.34%
Jun 30, 2022 25.46%
Mar 31, 2022 13.89%
Dec 31, 2021 91.20%
Sep 30, 2021 25.62%
Jun 30, 2021 13.21%
Mar 31, 2021 14.37%
Dec 31, 2020 -156.45%
Sep 30, 2020 92.87%
Jun 30, 2020 22.10%
Mar 31, 2020 27.03%
Dec 31, 2019 21.98%
Sep 30, 2019 22.20%
Jun 30, 2019 20.02%
Mar 31, 2019 21.83%
Dec 31, 2018 326.58%
Sep 30, 2018 21.79%
Jun 30, 2018 22.73%
Mar 31, 2018 24.36%
Dec 31, 2017 17.68%
Sep 30, 2017 98.45%
Jun 30, 2017 20.04%
Mar 31, 2017 22.12%
Dec 31, 2016 -203.00%
Sep 30, 2016 98.42%
Jun 30, 2016 98.36%
Mar 31, 2016 98.28%
Dec 31, 2015 19.18%
Sep 30, 2015 22.27%
Jun 30, 2015 24.03%
Mar 31, 2015 98.07%
Dec 31, 2014 -193.51%
Sep 30, 2014 97.98%
Jun 30, 2014 23.56%
Mar 31, 2014 97.92%
Dec 31, 2013 324.17%
Sep 30, 2013 97.89%
Jun 30, 2013 21.81%
Mar 31, 2013 97.80%
Dec 31, 2012 19.91%
Sep 30, 2012 21.40%
Jun 30, 2012 21.45%
Mar 31, 2012 23.63%
Dec 31, 2011 18.82%
Sep 30, 2011 100.00%
Jun 30, 2011 21.05%
Mar 31, 2011 24.62%
Dec 31, 2010 22.33%
Sep 30, 2010 97.25%
Jun 30, 2010 23.87%
Mar 31, 2010 24.49%
Dec 31, 2009 -146.74%
Sep 30, 2009 99.27%
Jun 30, 2009 97.27%
Mar 31, 2009 97.15%