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
DateValue
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%