Evolent Health EVH
NYSE EVH
$4.14 -0.08 (-1.90%)
As of: Sep 9, 2026 · 3:59 PM EDT

Evolent Health (EVH) Operating Expenses (2015 - 2026)

Evolent Health (EVH) posted Operating Expenses of $662.1 million for Q2 2026, up 30.63% on a QoQ basis from $506.8 million in Q1 2026, and up 48.62% year-over-year from $445.5 million in Q2 2025.

Analysis

Evolent Health (EVH) Operating Expenses (2015 - 2026) Analysis & Trends

Evolent Health has reported Operating Expenses for 12 years, with the latest figure at $662.1 million in Q2 2026.

  • On a quarterly basis, Operating Expenses rose 48.62% year-over-year to $662.1 million in Q2 2026; TTM through Jun 2026 was $2.5 billion, a 13.03% increase from a year earlier, with the FY2025 full-year figure at $2.3 billion, down 11.9% from the prior year.
  • Operating Expenses was $662.1 million for Q2 2026 at Evolent Health, up from $506.8 million in the prior quarter.
  • The five-year high for Operating Expenses was $877.0 million in Q4 2025, with the low at $299.9 million in Q1 2022.
  • Average Operating Expenses over 5 years is $524.1 million, with a median of $498.8 million recorded in 2023.
  • The sharpest annual moves came in 2023 and 2025: Operating Expenses soared 55.74% in 2023, then sank 30.32% in 2025.
  • Over 5 years, Operating Expenses stood at $384.3 million in 2022, then jumped by 50.24% to $577.4 million in 2023, then advanced by 15.19% to $665.1 million in 2024, then jumped by 31.84% to $877.0 million in 2025, then slipped by 24.5% to $662.1 million in 2026.
  • The last three Operating Expenses figures came in at $662.1 million (Q2 2026), $506.8 million (Q1 2026), and $877.0 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Davita 11.76 Bn 12.64 Bn 1.16 Bn 2.98 Bn
2 RadNet 5.80 Bn 5.37 Bn 88.08 Mn 583.25 Mn
3 Fresenius Medical Care AG 4.79 Bn 4.09 Bn 1.52 Bn 901.58 Mn
4 Concentra Group Holdings Parent 4.40 Bn 4.26 Bn 192.10 Mn 490.51 Mn
5 Privia Health 2.61 Bn 2.25 Bn - 620.86 Mn
6 Pediatrix Medical 2.20 Bn 1.79 Bn - 430.86 Mn
7 Progyny 2.01 Bn 1.77 Bn 89.30 Mn 49.30 Mn
8 Surgery Partners 1.87 Bn 3.08 Bn 622.10 Mn 746.80 Mn
9 U S Physical Therapy 1.18 Bn 1.47 Bn 41.94 Mn 172.12 Mn
10 Evolent Health 488.42 Mn 346.95 Mn 80.84 Mn 662.08 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 662.08 Mn
Mar 31, 2026 506.85 Mn
Dec 31, 2025 876.95 Mn
Sep 30, 2025 478.65 Mn
Jun 30, 2025 445.50 Mn
Mar 31, 2025 485.27 Mn
Dec 31, 2024 665.14 Mn
Sep 30, 2024 637.67 Mn
Jun 30, 2024 639.36 Mn
Mar 31, 2024 653.06 Mn
Dec 31, 2023 577.41 Mn
Sep 30, 2023 528.95 Mn
Jun 30, 2023 490.70 Mn
Mar 31, 2023 438.05 Mn
Dec 31, 2022 384.31 Mn
Sep 30, 2022 339.63 Mn
Jun 30, 2022 324.57 Mn
Mar 31, 2022 299.86 Mn
Dec 31, 2021 260.57 Mn
Sep 30, 2021 229.05 Mn