Growth Metrics

Evolent Health (EVH) Cost Of Revenue (2023 - 2025)

Evolent Health (EVH) has 11 years of Cost of Revenue data on record, last reported at $371.5 million in Q4 2025.

  • For Q4 2025, Cost of Revenue fell 34.93% year-over-year to $371.5 million; the TTM value through Dec 2025 reached $1.5 billion, down 32.51%, while the annual FY2025 figure was $1.5 billion, 32.51% down from the prior year.
  • Cost of Revenue reached $371.5 million in Q4 2025 per EVH's latest filing, down from $379.8 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $570.8 million in Q4 2024 and bottomed at $157.8 million in Q1 2021.
  • Average Cost of Revenue over 5 years is $343.0 million, with a median of $347.9 million recorded in 2023.
  • Peak YoY movement for Cost of Revenue: surged 82.01% in 2022, then tumbled 36.34% in 2025.
  • A 5-year view of Cost of Revenue shows it stood at $164.5 million in 2021, then soared by 82.01% to $299.4 million in 2022, then soared by 51.8% to $454.4 million in 2023, then grew by 25.62% to $570.8 million in 2024, then plummeted by 34.93% to $371.5 million in 2025.
  • Per Business Quant database, its latest 3 readings for Cost of Revenue were $371.5 million in Q4 2025, $379.8 million in Q3 2025, and $343.9 million in Q2 2025.