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

Evolent Health's (EVH) quarterly Operating Income came in at -$10.6 million in Q1 2026, down 553.45% year-on-year from $2.3 million in Q1 2025, and up 97.4% quarter-over-quarter from -$408.2 million in Q4 2025.

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

Evolent Health's Operating Income history runs 12 years deep, the most recent figure standing at -$10.6 million for Q1 2026.

  • On a quarterly basis, Operating Income fell 553.45% year-over-year to -$10.6 million in Q1 2026; TTM through Mar 2026 was -$419.1 million, a 1360.43% decrease from a year earlier, with the FY2025 full-year figure at -$410.1 million, down 913.06% from the prior year.
  • Operating Income rose to -$10.6 million in Q1 2026 per EVH's latest filing, from -$408.2 million in the prior quarter.
  • Across five years, Operating Income topped out at $13.0 million in Q3 2022 and bottomed at -$408.2 million in Q4 2025.
  • The 5-year median for Operating Income is -$10.4 million (2023), against an average of -$31.1 million.
  • Across the five-year window, Operating Income jumped 296.79% in 2022 and tumbled 2095.26% in 2025, its largest moves.
  • Year by year, Operating Income stood at -$1.9 million in 2022, then plunged by 1036.85% to -$21.3 million in 2023, then increased by 12.9% to -$18.6 million in 2024, then tumbled by 2095.26% to -$408.2 million in 2025, then soared by 97.4% to -$10.6 million in 2026.
  • Per Business Quant, the three latest EVH Operating Income figures stand at -$10.6 million (Q1 2026), -$408.2 million (Q4 2025), and $886000.0 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Veeva Systems 29.34 Bn 22.03 Bn 662.02 Mn 273.11 Mn
2 BrightSpring Health Services 13.49 Bn 12.59 Bn 482.22 Mn 121.45 Mn
3 Healthequity 7.96 Bn 7.70 Bn 256.31 Mn 102.95 Mn
4 10x Genomics 6.17 Bn 5.63 Bn 106.18 Mn -17.05 Mn
5 Hinge Health 6.02 Bn 5.70 Bn 154.23 Mn 32.07 Mn
6 MiniMed 4.19 Bn 3.89 Bn 480.00 Mn -93.00 Mn
7 Waystar Holding 4.14 Bn 4.07 Bn 216.84 Mn 80.47 Mn
8 Doximity 3.82 Bn 3.08 Bn 125.97 Mn 24.83 Mn
9 Privia Health 3.10 Bn 2.73 Bn - 7.42 Mn
10 Evolent Health 517.00 Mn 351.02 Mn 83.77 Mn -10.60 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -10.60 Mn
Dec 31, 2025 -408.23 Mn
Sep 30, 2025 886,000.00
Jun 30, 2025 -1.17 Mn
Mar 31, 2025 -1.62 Mn
Dec 31, 2024 -18.60 Mn
Sep 30, 2024 -16.27 Mn
Jun 30, 2024 7.79 Mn
Mar 31, 2024 -13.41 Mn
Dec 31, 2023 -21.35 Mn
Sep 30, 2023 -17.94 Mn
Jun 30, 2023 -21.57 Mn
Mar 31, 2023 -10.36 Mn
Dec 31, 2022 -1.88 Mn
Sep 30, 2022 12.95 Mn
Jun 30, 2022 -4.63 Mn
Mar 31, 2022 -2.80 Mn
Dec 31, 2021 -12.21 Mn
Sep 30, 2021 -6.58 Mn
Jun 30, 2021 -7.67 Mn