Evolent Health (EVH) Net Margin (2015 - 2026)
Evolent Health's (EVH) quarterly Net Margin came in at 5.37% in Q1 2026, up 957.0% year-on-year from 0.51% in Q1 2025, and up 94.14% quarter-over-quarter from 91.55% in Q4 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.
- On a quarterly basis, Net Margin rose 957.0% year-over-year to 5.37% in Q1 2026; TTM through Mar 2026 was 28.26%, a 2240.0% decrease from a year earlier, with the FY2025 full-year figure at 30.88%, down 2722.0% from the prior year.
- Net Margin improved to 5.37% in Q1 2026 per EVH's latest filing, from 91.55% in the prior quarter.
- Across five years, Net Margin topped out at 0.6% in Q3 2022 and bottomed at 91.55% in Q4 2025.
- The 5-year median for Net Margin is 5.37% (2026), against an average of 10.48%.
- Across the five-year window, Net Margin slumped 8682 bps in 2025 and jumped 957 bps in 2026, its largest moves.
- Year by year, Net Margin stood at 2.97% in 2022, then plunged by 151 bps to 7.44% in 2023, then soared by 36 bps to 4.74% in 2024, then tumbled by 1833 bps to 91.55% in 2025, then surged by 94 bps to 5.37% in 2026.
- Per Business Quant, the three latest EVH Net Margin figures stand at 5.37% (Q1 2026), 91.55% (Q4 2025), and 5.62% (Q3 2025).
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 29.34 Bn | 22.03 Bn | 662.02 Mn | 29.55% |
| 2 | BrightSpring Health Services | 13.49 Bn | 12.59 Bn | 482.22 Mn | 4.12% |
| 3 | Healthequity | 7.96 Bn | 7.70 Bn | 256.31 Mn | 19.57% |
| 4 | 10x Genomics | 6.17 Bn | 5.63 Bn | 106.18 Mn | -8.93% |
| 5 | Hinge Health | 6.02 Bn | 5.70 Bn | 154.23 Mn | 18.66% |
| 6 | MiniMed | 4.19 Bn | 3.89 Bn | 480.00 Mn | -22.10% |
| 7 | Waystar Holding | 4.14 Bn | 4.07 Bn | 216.84 Mn | 13.79% |
| 8 | Doximity | 3.82 Bn | 3.08 Bn | 125.97 Mn | 13.15% |
| 9 | Privia Health | 3.10 Bn | 2.73 Bn | - | 0.61% |
| 10 | Evolent Health | 517.00 Mn | 351.02 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% |