Evolent Health (EVH) EBITDA (2015 - 2026)
Evolent Health's EBITDA was $13.1 million in Q2 2026, down 43.7% from $23.26 million a year earlier but up 10.2% from the prior quarter.
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Analysis
Evolent Health (EVH) EBITDA (2015 - 2026) Analysis & Trends
On a trailing twelve-month basis, Evolent Health's EBITDA was -$309.44 million through Jun 30, 2026; for FY2025, it came in at -$287.49 million.
- In earlier years, EBITDA was $82.68 million in FY2024 (+30.9%), $63.15 million in FY2023 (-32.7%), $93.89 million in FY2022 (+206.2%) and $30.67 million in FY2021.
- Quarterly EBITDA has moved between -$362.1 million (Q4 2025) and $38.77 million (Q2 2024) over five years.
- Compared with a year earlier, EBITDA was higher in three of the last seven quarters, with an average decline of 2.1%.
- The best year-over-year quarter for EBITDA over five years was Q1 2022 (growth of 876.7%); the worst was Q4 2021 (a decline of 76.4%).
- Per Business Quant data, EVH's EBITDA in the three quarters before Q2 2026 was $11.89 million (Q1 2026), -$362.1 million (Q4 2025) and $27.68 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 102.50 Bn | 98.51 Bn | - | 4.05 Bn |
| 2 | Natera | 58.05 Bn | 53.74 Bn | 485.19 Mn | -54.61 Mn |
| 3 | Labcorp Holdings | 26.39 Bn | 24.13 Bn | 1.11 Bn | 630.60 Mn |
| 4 | Quest Diagnostics | 26.28 Bn | 24.41 Bn | 1.03 Bn | 605.00 Mn |
| 5 | Tenet Healthcare | 22.71 Bn | 11.72 Bn | - | 1.72 Bn |
| 6 | Guardant Health | 21.59 Bn | 17.65 Bn | 219.03 Mn | -119.56 Mn |
| 7 | BrightSpring Health Services | 12.87 Bn | 11.21 Bn | 492.75 Mn | 174.76 Mn |
| 8 | Fresenius Medical Care AG | 12.49 Bn | 4.44 Bn | 1.52 Bn | 956.64 Mn |
| 9 | Encompass Health | 12.04 Bn | 11.70 Bn | - | 384.80 Mn |
| 10 | Evolent Health | 548.64 Mn | 22.36 Mn | 80.84 Mn | 14.99 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.99 Mn |
| Mar 31, 2026 | 13.91 Mn |
| Dec 31, 2025 | -361.09 Mn |
| Sep 30, 2025 | 27.68 Mn |
| Jun 30, 2025 | 23.26 Mn |
| Mar 31, 2025 | 23.67 Mn |
| Dec 31, 2024 | 11.89 Mn |
| Sep 30, 2024 | 14.72 Mn |
| Jun 30, 2024 | 38.77 Mn |
| Mar 31, 2024 | 17.30 Mn |
| Dec 31, 2023 | 11.19 Mn |
| Sep 30, 2023 | 16.80 Mn |
| Jun 30, 2023 | 13.95 Mn |
| Mar 31, 2023 | 21.21 Mn |
| Dec 31, 2022 | 26.19 Mn |
| Sep 30, 2022 | 31.73 Mn |
| Jun 30, 2022 | 11.98 Mn |
| Mar 31, 2022 | 24.00 Mn |
| Dec 31, 2021 | 7.35 Mn |
| Sep 30, 2021 | 12.84 Mn |
API Access
Evolent Health EBITDA 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=ebitda&ticker=EVH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "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=ebitda&ticker=EVH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();