Growth Metrics

Evolent Health (EVH) Gross Margin (2016 - 2025)

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

  • Quarterly results put Gross Margin at 20.75% for Q4 2025, up 904.0% from a year ago — trailing twelve months through Dec 2025 was 21.31% (up 693.0% YoY), and the annual figure for FY2025 was 21.31%, up 693.0%.
  • Gross Margin for Q4 2025 was 20.75% at Evolent Health, roughly flat from 20.81% in the prior quarter.
  • Over the last five years, Gross Margin for EVH hit a ceiling of 33.77% in Q4 2021 and a floor of 11.71% in Q4 2024.
  • Median Gross Margin over the past 5 years was 22.22% (2021), compared with a mean of 22.07%.
  • Biggest five-year swings in Gross Margin: plummeted -1205bps in 2022 and later skyrocketed 904bps in 2025.
  • Evolent Health's Gross Margin stood at 33.77% in 2021, then tumbled by -36bps to 21.72% in 2022, then dropped by -16bps to 18.28% in 2023, then crashed by -36bps to 11.71% in 2024, then skyrocketed by 77bps to 20.75% in 2025.
  • The last three reported values for Gross Margin were 20.75% (Q4 2025), 20.81% (Q3 2025), and 22.59% (Q2 2025) per Business Quant data.