Evolent Health (EVH) Cost of Revenue (2015 - 2026)
Evolent Health's Cost of Revenue was $571.68 million in Q2 2026, up 66.2% from $343.94 million a year earlier and up 38.6% from the prior quarter.
Evolent Health (EVH) Cost of Revenue (2015 - 2026) Analysis & Trends
On a trailing twelve-month basis, Evolent Health's Cost of Revenue was $1.74 billion through Jun 30, 2026, down 5.5% year-over-year; for FY2025, it was $1.48 billion, down 32.5% from FY2024.
- Cost of Revenue shows a five-year compound annual growth rate of 16.2% (FY2020 to FY2025).
- In earlier years, Cost of Revenue was $2.19 billion in FY2024 (+45.5%), $1.5 billion in FY2023 (+45.2%), $1.04 billion in FY2022 (+57.5%) and $657.55 million in FY2021 (-5.6%).
- The Q2 2026 figure marks the highest quarterly Cost of Revenue in data going back to Q2 2015.
- Compared with a year earlier, Cost of Revenue was higher in four of the last eight quarters, with growth averaging 1.3%.
- The best year-over-year quarter for Cost of Revenue over five years was Q4 2022 (growth of 82.0%); the worst was Q2 2025 (a decline of 36.3%).
- Per Business Quant data, EVH's Cost of Revenue in the three quarters before Q2 2026 was $412.47 million (Q1 2026), $371.47 million (Q4 2025) and $379.76 million (Q3 2025).
Peer Comparison
Evolent Health Cost of Revenue 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=cost-of-revenue&ticker=EVH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "EVH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=EVH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();