Evolent Health (EVH) Free Cash Flow (2015 - 2026)
Evolent Health's (EVH) quarterly Free Cash Flow came in at -$7.4 million in Q1 2026, down 83.37% year-on-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.
- On a quarterly basis, Free Cash Flow fell 83.37% year-over-year to -$7.4 million in Q1 2026; TTM through Mar 2026 was $1.4 million, a 114.35% increase from a year earlier, with the FY2025 full-year figure at $4.8 million, up 177.59% from the prior year.
- Free Cash Flow retreated to -$7.4 million in Q1 2026 per EVH's latest filing, from $41.0 million in the prior quarter.
- Across five years, Free Cash Flow topped out at $83.3 million in Q4 2023 and bottomed 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.
- Across the five-year window, Free Cash Flow soared 502.64% in 2023 and sank 820.09% in 2025, its largest moves.
- Year by year, Free Cash Flow stood at $25.0 million in 2022, then jumped by 233.96% to $83.3 million in 2023, then sank by 138.86% to -$32.4 million in 2024, then jumped by 226.73% to $41.0 million in 2025, then slumped by 118.01% to -$7.4 million in 2026.
- Per Business Quant, the three latest EVH Free Cash Flow figures stand at -$7.4 million (Q1 2026), $41.0 million (Q4 2025), and $6.8 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 31.91 Bn | 24.60 Bn | 662.02 Mn | 1.13 Bn |
| 2 | BrightSpring Health Services | 14.61 Bn | 13.71 Bn | 482.22 Mn | 101.40 Mn |
| 3 | Healthequity | 8.29 Bn | 8.03 Bn | 256.31 Mn | 81.60 Mn |
| 4 | Hinge Health | 5.96 Bn | 5.65 Bn | 154.23 Mn | 43.00 Mn |
| 5 | 10x Genomics | 5.83 Bn | 5.29 Bn | 106.18 Mn | 26.00 Mn |
| 6 | MiniMed | 4.49 Bn | 4.19 Bn | 480.00 Mn | -226.00 Mn |
| 7 | Waystar Holding | 4.49 Bn | 4.42 Bn | 216.84 Mn | 69.59 Mn |
| 8 | Doximity | 3.98 Bn | 3.23 Bn | 125.97 Mn | 116.17 Mn |
| 9 | Privia Health | 3.17 Bn | 2.75 Bn | - | -48.49 Mn |
| 10 | Evolent Health | 453.22 Mn | 287.24 Mn | 83.77 Mn | -7.39 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Dec 31, 2023 | 83.33 Mn |
| Dec 31, 2023 | 83.33 Mn |