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
DateValue
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