Evolent Health (EVH) Gross Margin (2015 - 2026)
Evolent Health (EVH) posted Gross Margin of 12.39% for Q2 2026, down 26.62% on a QoQ basis from 16.88% in Q1 2026, and down 1020.0% year-over-year from 1.35% in Q2 2025.
Analysis
Evolent Health (EVH) Gross Margin (2015 - 2026) Analysis & Trends
Evolent Health has reported Gross Margin for 12 years, with the latest figure at 12.39% in Q2 2026.
- On a quarterly basis, Gross Margin fell 1020.0% year-over-year to 12.39% in Q2 2026; TTM through Jun 2026 was 17.25%, a 88.0% increase from a year earlier, with the FY2025 full-year figure at 21.31%, up 693.0% from the prior year.
- Gross Margin was 12.39% for Q2 2026 at Evolent Health, down from 16.88% in the prior quarter.
- The five-year high for Gross Margin was 27.41% in Q1 2023, with the low at 11.71% in Q4 2024.
- Average Gross Margin over 5 years is 20.07%, with a median of 21.0% recorded in 2025.
- The sharpest annual moves came in 2022 and 2025: Gross Margin sank 1205 bps in 2022, then soared 904 bps in 2025.
- Over 5 years, Gross Margin stood at 21.72% in 2022, then dropped by 16 bps to 18.28% in 2023, then sank by 36 bps to 11.71% in 2024, then jumped by 77 bps to 20.75% in 2025, then tumbled by 40 bps to 12.39% in 2026.
- The last three Gross Margin figures came in at 12.39% (Q2 2026), 16.88% (Q1 2026), and 20.75% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Davita | 11.76 Bn | 12.64 Bn | 1.16 Bn | 32.70% |
| 2 | RadNet | 5.80 Bn | 5.37 Bn | 88.08 Mn | 14.14% |
| 3 | Concentra Group Holdings Parent | 4.40 Bn | 4.26 Bn | 192.10 Mn | 31.70% |
| 4 | Privia Health | 2.61 Bn | 2.25 Bn | - | - |
| 5 | Pediatrix Medical | 2.20 Bn | 1.79 Bn | - | - |
| 6 | Fresenius Medical Care AG | 2.11 Bn | 1.41 Bn | 1.52 Bn | 26.95% |
| 7 | Progyny | 2.01 Bn | 1.77 Bn | 89.30 Mn | 25.48% |
| 8 | Surgery Partners | 1.87 Bn | 3.08 Bn | 622.10 Mn | 73.28% |
| 9 | U S Physical Therapy | 1.18 Bn | 1.47 Bn | 41.94 Mn | 19.59% |
| 10 | Evolent Health | 488.42 Mn | 346.95 Mn | 80.84 Mn | 12.39% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.39% |
| Mar 31, 2026 | 16.88% |
| Dec 31, 2025 | 20.75% |
| Sep 30, 2025 | 20.81% |
| Jun 30, 2025 | 22.59% |
| Mar 31, 2025 | 21.19% |
| Dec 31, 2024 | 11.71% |
| Sep 30, 2024 | 12.99% |
| Jun 30, 2024 | 16.51% |
| Mar 31, 2024 | 16.28% |
| Dec 31, 2023 | 18.28% |
| Sep 30, 2023 | 24.35% |
| Jun 30, 2023 | 24.98% |
| Mar 31, 2023 | 27.41% |
| Dec 31, 2022 | 21.72% |
| Sep 30, 2022 | 24.38% |
| Jun 30, 2022 | 21.95% |
| Mar 31, 2022 | 26.03% |
| Dec 31, 2021 | 33.77% |
| Sep 30, 2021 | 26.68% |