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.
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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 94.29 Bn | 93.74 Bn | - | 4.04 Bn |
| 2 | Natera | 59.14 Bn | 54.82 Bn | 485.19 Mn | -54.61 Mn |
| 3 | Quest Diagnostics | 26.23 Bn | 24.66 Bn | 1.03 Bn | 605.00 Mn |
| 4 | Labcorp Holdings | 25.04 Bn | 22.81 Bn | 1.11 Bn | 630.60 Mn |
| 5 | Guardant Health | 23.69 Bn | 19.76 Bn | 219.03 Mn | -119.56 Mn |
| 6 | Tenet Healthcare | 20.77 Bn | 11.92 Bn | - | 1.72 Bn |
| 7 | Tempus AI | 14.91 Bn | 11.94 Bn | 246.50 Mn | - |
| 8 | Encompass Health | 12.24 Bn | 12.70 Bn | - | 384.80 Mn |
| 9 | Davita | 11.39 Bn | 10.15 Bn | 1.16 Bn | 746.81 Mn |
| 10 | Evolent Health | 413.80 Mn | -112.49 Mn | 80.84 Mn | 13.10 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.10 Mn |
| Mar 31, 2026 | 11.89 Mn |
| Dec 31, 2025 | -362.10 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 | 5.81 Mn |
| Sep 30, 2021 | 9.90 Mn |
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_KEY
import 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();