Product revenue — Product and service revenue
Elevance Health Product revenue — Product and service revenue decreased by 3.6% to $6.23B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 7.2%, from $5.81B to $6.23B. Over 3 years (FY 2022 to FY 2025), Product revenue — Product and service revenue shows an upward trend with a 17.8% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests growth in membership enrollment or successful premium rate adjustments, while a decrease may indicate member attrition or competitive pricing pressures.
Detailed definition
This metric represents the total revenue generated from the sale of health insurance products and related administrative...
Peer comparison
Comparable to 'Premium Revenue' or 'Total Operating Revenue' reported by other major health insurance providers and managed care organizations.
elv_segment_product_revenue_product_and_service_revenueHistorical Data
| 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 | $3.74B | $3.74B | $3.74B | $3.74B | $4.02B | $4.86B | $5.18B | $5.39B | $4.50B | $5.53B | $5.89B | $6.71B | $5.81B | $6.04B | $6.16B | $6.46B | $6.23B |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +7.4% | +20.8% | +6.5% | +4.2% | -16.6% | +22.9% | +6.5% | +14.0% | -13.5% | +4.0% | +1.9% | +4.9% | -3.6% |
| YoY Change | — | — | — | — | +7.4% | +29.8% | +38.3% | +44.1% | +11.9% | +13.8% | +13.7% | +24.5% | +29.1% | +9.3% | +4.6% | -3.8% | +7.2% |
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Frequently Asked Questions
- What is Elevance Health's product revenue — product and service revenue?
- Elevance Health (ELV) reported product revenue — product and service revenue of $6.23B in Q1 2026.
- How has Elevance Health's product revenue — product and service revenue changed year-over-year?
- Elevance Health's product revenue — product and service revenue increased by 7.2% year-over-year, from $5.81B to $6.23B.
- What is the long-term trend for Elevance Health's product revenue — product and service revenue?
- Over 3 years (2022 to 2025), Elevance Health's product revenue — product and service revenue has grown at a 17.8% compound annual growth rate (CAGR), from $14.98B to $24.47B.
- What does product revenue — product and service revenue mean?
- The total income earned from providing health insurance coverage and related administrative services to members.