Growth Metrics

Evolent Health (EVH) Gross Margin (2016 - 2026)

Evolent Health has reported Gross Margin over the past 11 years, most recently at 20.75% for Q4 2025.

  • For Q4 2025, Gross Margin rose 904.0% year-over-year to 20.75%; the TTM value through Dec 2025 reached 21.31%, up 693.0%, while the annual FY2025 figure was 21.31%, 693.0% up from the prior year.
  • Gross Margin for Q4 2025 was 20.75% at Evolent Health, roughly flat from 20.81% in the prior quarter.
  • Over five years, Gross Margin peaked at 33.77% in Q4 2021 and troughed at 11.71% in Q4 2024.
  • A 5-year average of 22.07% and a median of 22.22% in 2021 define the central range for Gross Margin.
  • Biggest five-year swings in Gross Margin: tumbled -1205bps in 2022 and later surged 904bps in 2025.
  • Year by year, Gross Margin stood at 33.77% in 2021, then crashed by -36bps to 21.72% in 2022, then decreased by -16bps to 18.28% in 2023, then plummeted by -36bps to 11.71% in 2024, then surged by 77bps to 20.75% in 2025.
  • Business Quant data shows Gross Margin for EVH at 20.75% in Q4 2025, 20.81% in Q3 2025, and 22.59% in Q2 2025.