Evolent Health (EVH) Intangibles (2015 - 2026)
Evolent Health's Intangibles came in at $554.43 million for Q2 2026, down 14.9% from $651.17 million a year earlier and down 2.7% from the prior quarter.
Evolent Health (EVH) Intangibles (2015 - 2026) Analysis & Trends
At the end of FY2025, Evolent Health's Intangibles was $584.94 million, down 14.0% from FY2024.
- Intangibles carries a five-year compound annual growth rate of 17.2% (FY2020 to FY2025).
- Going back by year, Intangibles was $680.16 million in FY2024 (-9.6%), $752.01 million in FY2023 (+69.8%), $442.78 million in FY2022 (+58.3%) and $279.78 million in FY2021 (+5.6%).
- The Q2 2026 figure represents the lowest quarterly Intangibles since Q4 2022.
- Year-over-year, Intangibles has declined for ten consecutive quarters, with an average decline of 11.4% over the last eight quarters.
- The fastest year-over-year change in Intangibles over five years came in Q1 2023 (growth of 203.4%), and the weakest in Q2 2026 (a decline of 14.9%).
- Business Quant data shows EVH's Intangibles at $569.68 million (Q1 2026), $584.94 million (Q4 2025) and $623.69 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 93.06 Bn | 92.50 Bn | - | - |
| 2 | Natera | 59.36 Bn | 55.04 Bn | 485.19 Mn | 360.20 Mn |
| 3 | Quest Diagnostics | 25.72 Bn | 24.15 Bn | 1.03 Bn | 1.67 Bn |
| 4 | Labcorp Holdings | 24.93 Bn | 22.69 Bn | 1.11 Bn | 3.68 Bn |
| 5 | Guardant Health | 23.83 Bn | 19.89 Bn | 219.03 Mn | 25.27 Mn |
| 6 | Tenet Healthcare | 20.58 Bn | 11.72 Bn | - | 1.28 Bn |
| 7 | Tempus AI | 14.35 Bn | 11.38 Bn | 246.50 Mn | 312.46 Mn |
| 8 | Encompass Health | 11.99 Bn | 12.46 Bn | - | 306.80 Mn |
| 9 | BrightSpring Health Services | 11.21 Bn | 9.55 Bn | 492.75 Mn | 514.42 Mn |
| 10 | Evolent Health | 392.32 Mn | -133.97 Mn | 80.84 Mn | 554.43 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 554.43 Mn |
| Mar 31, 2026 | 569.68 Mn |
| Dec 31, 2025 | 584.94 Mn |
| Sep 30, 2025 | 623.69 Mn |
| Jun 30, 2025 | 651.17 Mn |
| Mar 31, 2025 | 667.88 Mn |
| Dec 31, 2024 | 680.16 Mn |
| Sep 30, 2024 | 696.78 Mn |
| Jun 30, 2024 | 711.29 Mn |
| Mar 31, 2024 | 731.35 Mn |
| Dec 31, 2023 | 752.01 Mn |
| Sep 30, 2023 | 777.67 Mn |
| Jun 30, 2023 | 801.92 Mn |
| Mar 31, 2023 | 825.86 Mn |
| Dec 31, 2022 | 442.78 Mn |
| Sep 30, 2022 | 451.40 Mn |
| Jun 30, 2022 | 264.85 Mn |
| Mar 31, 2022 | 272.21 Mn |
| Dec 31, 2021 | 279.78 Mn |
| Sep 30, 2021 | 245.07 Mn |
Evolent Health Intangibles API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=intangibles&ticker=EVH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "intangibles", "ticker": "EVH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=intangibles&ticker=EVH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();