Evolent Health (EVH) Net Margin (2015 - 2026)
Evolent Health (EVH) recorded quarterly Net Margin of 5.37% in Q1 2026, up 94.14% quarter-over-quarter from 91.55% in Q4 2025, and up 957.0% on a YoY basis from 0.51% in Q1 2025.
Evolent Health (EVH) Net Margin (2015 - 2026) Analysis & Trends
Evolent Health's Net Margin history runs 12 years deep, the most recent figure standing at 5.37% for Q1 2026.
- In Q1 2026, Net Margin rose 957.0% year-over-year to 5.37%; the TTM figure through Mar 2026 stood at 28.26% (down 2240.0% YoY), while the FY2025 annual figure was 30.88%, down 2722.0% from the prior year.
- Net Margin was 5.37% for Q1 2026 at Evolent Health, up from 91.55% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 0.6% in Q3 2022 to a low of 91.55% in Q4 2025.
- Historically, Net Margin has averaged 10.48% across 5 years, with a median of 5.37% in 2026.
- The sharpest annual moves came in 2025 and 2026: Net Margin slumped 8682 bps in 2025, then surged 957 bps in 2026.
- A 5-year view of Net Margin shows it stood at 2.97% in 2022, then slumped by 151 bps to 7.44% in 2023, then soared by 36 bps to 4.74% in 2024, then sank by 1833 bps to 91.55% in 2025, then surged by 94 bps to 5.37% in 2026.
- The last three Net Margin figures came in at 5.37% (Q1 2026), 91.55% (Q4 2025), and 5.62% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 27.35 Bn | 20.79 Bn | 662.02 Mn | 29.55% |
| 2 | BrightSpring Health Services | 12.12 Bn | 11.24 Bn | 482.22 Mn | 2.06% |
| 3 | Healthequity | 7.42 Bn | 7.15 Bn | 256.31 Mn | 19.57% |
| 4 | Hinge Health | 4.95 Bn | 4.64 Bn | 154.23 Mn | 18.66% |
| 5 | Doximity | 3.80 Bn | 3.05 Bn | 125.97 Mn | 13.15% |
| 6 | 10x Genomics | 3.78 Bn | 3.24 Bn | 106.18 Mn | -8.93% |
| 7 | Waystar Holding | 3.65 Bn | 3.49 Bn | 268.04 Mn | 13.80% |
| 8 | Privia Health | 2.66 Bn | 2.29 Bn | 595.71 Mn | 0.61% |
| 9 | Omnicell | 1.90 Bn | 1.73 Bn | 140.36 Mn | 3.68% |
| 10 | Evolent Health | 529.31 Mn | 363.33 Mn | 83.77 Mn | -5.37% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -5.37% |
| Dec 31, 2025 | -91.55% |
| Sep 30, 2025 | -5.62% |
| Jun 30, 2025 | -11.50% |
| Mar 31, 2025 | -14.94% |
| Dec 31, 2024 | -4.74% |
| Sep 30, 2024 | -5.03% |
| Jun 30, 2024 | -0.99% |
| Mar 31, 2024 | -3.94% |
| Dec 31, 2023 | -7.44% |
| Sep 30, 2023 | -6.50% |
| Jun 30, 2023 | -8.83% |
| Mar 31, 2023 | -6.14% |
| Dec 31, 2022 | -2.97% |
| Sep 30, 2022 | 0.60% |
| Jun 30, 2022 | -1.43% |
| Mar 31, 2022 | -1.80% |
| Dec 31, 2021 | -2.27% |
| Sep 30, 2021 | -5.86% |
| Jun 30, 2021 | -4.10% |