Evolent Health (EVH) Gross Margin (2015 - 2026)
Evolent Health's quarterly Gross Margin came in at 16.88% in Q1 2026, down 431.0% year-on-year from 5.1% in Q1 2025, and down 18.64% quarter-over-quarter from 20.75% in Q4 2025.
Evolent Health has reported Gross Margin for 12 years, with the latest figure at 16.88% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 431.0% year-over-year to 16.88%; the trailing twelve-month figure through Mar 2026 stood at 20.18% (up 493.0% YoY), and the FY2025 full-year result was 21.31%, up 693.0% from the prior year.
- Gross Margin for Q1 2026 stood at 16.88%, down from 20.75% 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 20.52%, with a median of 21.19% recorded in 2025.
- Year-over-year, Gross Margin slumped 1205 bps in 2022 and jumped 904 bps in 2025.
- Tracing EVH's Gross Margin over 5 years: 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 decreased by 19 bps to 16.88% in 2026.
- The last three Gross Margin figures came in at 16.88% (Q1 2026), 20.75% (Q4 2025), and 20.81% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 30.85 Bn | 24.28 Bn | 622.47 Mn | 74.46% |
| 2 | BrightSpring Health Services | 12.29 Bn | 11.41 Bn | 482.22 Mn | 13.34% |
| 3 | Healthequity | 7.80 Bn | 7.48 Bn | 256.31 Mn | 72.27% |
| 4 | Hinge Health | 4.82 Bn | 4.51 Bn | 154.23 Mn | 84.60% |
| 5 | Doximity | 4.21 Bn | 3.46 Bn | 125.97 Mn | 86.65% |
| 6 | Waystar Holding | 4.18 Bn | 4.03 Bn | 268.04 Mn | 85.40% |
| 7 | 10x Genomics | 3.78 Bn | 3.24 Bn | 106.18 Mn | 70.39% |
| 8 | Privia Health | 2.65 Bn | 2.28 Bn | 595.71 Mn | 98.65% |
| 9 | Omnicell | 1.95 Bn | 1.78 Bn | 140.36 Mn | 45.30% |
| 10 | Evolent Health | 467.76 Mn | 301.79 Mn | 83.77 Mn | 16.88% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 22.49% |
| Mar 31, 2021 | 26.61% |
| Dec 31, 2020 | 29.08% |
| Sep 30, 2020 | 24.13% |
| Jun 30, 2020 | 24.36% |
| Mar 31, 2020 | 20.61% |
| Dec 31, 2019 | 34.28% |
| Sep 30, 2019 | 40.15% |
| Jun 30, 2019 | 43.54% |
| Mar 31, 2019 | 40.61% |
| Dec 31, 2018 | 41.54% |
| Sep 30, 2018 | 50.67% |
| Jun 30, 2018 | 52.18% |
| Mar 31, 2018 | 48.48% |
| Dec 31, 2017 | 42.36% |
| Sep 30, 2017 | 36.73% |
| Jun 30, 2017 | 36.50% |
| Mar 31, 2017 | 36.44% |
| Dec 31, 2016 | 31.96% |
| Sep 30, 2016 | 43.69% |
| Jun 30, 2016 | 42.00% |
| Mar 31, 2016 | 42.14% |
| Dec 31, 2015 | 46.27% |
| Sep 30, 2015 | 38.72% |
| Jun 30, 2015 | 24.27% |