Evolent Health (EVH) Free Cash Flow (2015 - 2026)

Evolent Health (EVH) posted quarterly Free Cash Flow of -$7.4 million for Q1 2026, down 83.37% year-over-year from -$44.5 million in Q1 2025, and down 118.01% quarter-over-quarter from $41.0 million in Q4 2025.

Evolent Health (EVH) Free Cash Flow (2015 - 2026) Analysis & Trends

Evolent Health's Free Cash Flow history runs 12 years deep, the most recent figure standing at -$7.4 million for Q1 2026.

  • In Q1 2026, Free Cash Flow fell 83.37% year-over-year to -$7.4 million; the TTM figure through Mar 2026 stood at $1.4 million (up 114.35% YoY), while the FY2025 annual figure was $4.8 million, up 177.59% from the prior year.
  • Free Cash Flow for Q1 2026 stood at -$7.4 million, down from $41.0 million in the prior quarter.
  • The five-year high for Free Cash Flow was $83.3 million in Q4 2023, with the low at -$66.0 million in Q1 2022.
  • The 5-year median for Free Cash Flow is -$438000.0 (2024), against an average of $3.2 million.
  • The sharpest annual moves came in 2023 and 2025: Free Cash Flow soared 502.64% in 2023, then plunged 820.09% in 2025.
  • Evolent Health's Free Cash Flow stood at $25.0 million in 2022, then soared by 233.96% to $83.3 million in 2023, then slumped by 138.86% to -$32.4 million in 2024, then soared by 226.73% to $41.0 million in 2025, then tumbled by 118.01% to -$7.4 million in 2026.
  • Business Quant data shows EVH's Free Cash Flow at -$7.4 million in Q1 2026, $41.0 million in Q4 2025, and $6.8 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Veeva Systems 39.72 Bn 32.40 Bn 662.02 Mn 1.13 Bn
2 BrightSpring Health Services 12.19 Bn 11.64 Bn 492.75 Mn 14.88 Mn
3 Healthequity 8.79 Bn 8.52 Bn 256.31 Mn 81.60 Mn
4 10x Genomics 7.31 Bn 6.76 Bn 112.50 Mn 15.39 Mn
5 Hinge Health 7.10 Bn 6.71 Bn 183.95 Mn 99.68 Mn
6 MiniMed 5.66 Bn 5.36 Bn 480.00 Mn -226.00 Mn
7 Waystar Holding 4.76 Bn 4.56 Bn 221.99 Mn 43.30 Mn
8 Doximity 4.46 Bn 3.77 Bn 132.93 Mn 39.67 Mn
9 Heartflow 3.66 Bn 3.28 Bn 53.19 Mn -
10 Evolent Health 529.12 Mn 387.65 Mn 80.84 Mn -16.16 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 -16.16 Mn
Jun 30, 2026 -16.16 Mn
Mar 31, 2026 -7.39 Mn
Mar 31, 2026 -7.39 Mn
Dec 31, 2025 41.04 Mn
Dec 31, 2025 41.04 Mn
Sep 30, 2025 6.85 Mn
Sep 30, 2025 6.85 Mn
Jun 30, 2025 -39.10 Mn
Jun 30, 2025 -39.10 Mn
Mar 31, 2025 -4.03 Mn
Mar 31, 2025 -4.03 Mn
Dec 31, 2024 -32.38 Mn
Dec 31, 2024 -32.38 Mn
Sep 30, 2024 12.38 Mn
Sep 30, 2024 12.38 Mn
Jun 30, 2024 14.31 Mn
Jun 30, 2024 14.31 Mn
Mar 31, 2024 -438,000.00
Mar 31, 2024 -438,000.00