Elevance Health CarelonRx Segment — Reportable segments’ operating gain decreased by 19.6% to $582.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 3.3%, from $602.00M to $582.00M. Over 4 years (FY 2021 to FY 2025), CarelonRx Segment — Reportable segments’ operating gain shows an upward trend with a 9.5% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Higher operating gain indicates strong profitability and effective management of both pharmacy costs and operational overhead.
The operating profit generated by the CarelonRx segment, calculated as total operating revenue minus benefit expenses, p...
Comparable to segment operating income reported by peers in the pharmacy benefit management and healthcare services industry.
elv_segment_carelonrx_reportable_segments_operating_gain| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $421.00M | $421.00M | $421.00M | $398.00M | $479.00M | $516.00M | $475.00M | $512.00M | $496.00M | $477.00M | $490.00M | $523.00M | $497.00M | $619.00M | $533.00M | $602.00M | $536.00M | $556.00M | $724.00M | $582.00M |
| QoQ Change | — | +0.0% | +0.0% | -5.5% | +20.4% | +7.7% | -7.9% | +7.8% | -3.1% | -3.8% | +2.7% | +6.7% | -5.0% | +24.5% | -13.9% | +12.9% | -11.0% | +3.7% | +30.2% | -19.6% |
| YoY Change | — | — | — | — | +13.8% | +22.6% | +12.8% | +28.6% | +3.5% | -7.6% | +3.2% | +2.1% | +0.2% | +29.8% | +8.8% | +15.1% | +7.8% | -10.2% | +35.8% | -3.3% |