Evolent Health (EVH) Invested Capital (2013 - 2026)
Evolent Health (EVH) recorded quarterly Invested Capital of $396.4 million in Q1 2026, down 4.53% quarter-over-quarter from $415.2 million in Q4 2025, and down 64.2% on a YoY basis from $1.1 billion in Q1 2025.
Evolent Health (EVH) Invested Capital (2013 - 2026) Analysis & Trends
Evolent Health's Invested Capital history runs 14 years deep, the most recent figure standing at $396.4 million for Q1 2026.
- In Q1 2026, Invested Capital fell 64.2% year-over-year to $396.4 million; the TTM figure through Mar 2026 stood at $396.4 million (down 64.2% YoY), while the FY2025 annual figure was $415.2 million, down 64.6% from the prior year.
- Invested Capital was $396.4 million for Q1 2026 at Evolent Health, down from $415.2 million in the prior quarter.
- In the past five years, Invested Capital ranged from a high of $1.2 billion in Q4 2024 to a low of $396.4 million in Q1 2026.
- Historically, Invested Capital has averaged $909.8 million across 5 years, with a median of $1.0 billion in 2024.
- The sharpest annual moves came in 2023 and 2025: Invested Capital jumped 83.53% in 2023, then slumped 64.6% in 2025.
- A 5-year view of Invested Capital shows it stood at $859.4 million in 2022, then increased by 24.24% to $1.1 billion in 2023, then grew by 9.84% to $1.2 billion in 2024, then plunged by 64.6% to $415.2 million in 2025, then dropped by 4.53% to $396.4 million in 2026.
- The last three Invested Capital figures came in at $396.4 million (Q1 2026), $415.2 million (Q4 2025), and $847.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 24.83 Bn | 17.52 Bn | 662.02 Mn | 7.30 Bn |
| 2 | BrightSpring Health Services | 13.57 Bn | 12.69 Bn | 482.22 Mn | 2.03 Bn |
| 3 | Healthequity | 7.20 Bn | 6.93 Bn | 256.31 Mn | 2.99 Bn |
| 4 | Hinge Health | 5.42 Bn | 5.11 Bn | 154.23 Mn | 111.69 Mn |
| 5 | 10x Genomics | 4.46 Bn | 3.92 Bn | 106.18 Mn | 814.32 Mn |
| 6 | Doximity | 3.81 Bn | 3.06 Bn | 125.97 Mn | 950.84 Mn |
| 7 | Waystar Holding | 3.52 Bn | 3.36 Bn | 268.04 Mn | 3.95 Bn |
| 8 | Privia Health | 2.94 Bn | 2.57 Bn | 595.71 Mn | 753.06 Mn |
| 9 | Omnicell | 1.76 Bn | 1.59 Bn | 140.36 Mn | 1.26 Bn |
| 10 | Evolent Health | 501.33 Mn | 335.36 Mn | 83.77 Mn | 396.39 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 396.39 Mn |
| Dec 31, 2025 | 415.19 Mn |
| Sep 30, 2025 | 847.35 Mn |
| Jun 30, 2025 | 1.07 Bn |
| Mar 31, 2025 | 1.11 Bn |
| Dec 31, 2024 | 1.17 Bn |
| Sep 30, 2024 | 1.04 Bn |
| Jun 30, 2024 | 1.05 Bn |
| Mar 31, 2024 | 1.05 Bn |
| Dec 31, 2023 | 1.07 Bn |
| Sep 30, 2023 | 1.10 Bn |
| Jun 30, 2023 | 1.09 Bn |
| Mar 31, 2023 | 1.12 Bn |
| Dec 31, 2022 | 859.42 Mn |
| Sep 30, 2022 | 856.14 Mn |
| Jun 30, 2022 | 613.09 Mn |
| Mar 31, 2022 | 611.21 Mn |
| Dec 31, 2021 | 693.63 Mn |
| Sep 30, 2021 | 634.19 Mn |
| Jun 30, 2021 | 640.85 Mn |