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
DateValue
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