Business Segments · Operating expense

Total — Operating expense

Elevance Health Total — Operating expense decreased by 5.8% to $998.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 4.4%, from $956.00M to $998.00M. Over 3 years (FY 2022 to FY 2025), Total — Operating expense shows an upward trend with a 12.8% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2022
Last reportedQ1 2026
Rolls up toSG&A

How to read this metric

Increasing expenses relative to revenue may indicate rising administrative overhead or inefficient scaling, while decreasing expenses suggest improved operational leverage.

Detailed definition

The administrative and general operating costs required to run the Carelon segment, excluding direct benefit and product...

Peer comparison

Comparable to SG&A or operating expense metrics reported by healthcare services and managed care segments.

Metric ID: elv_segment_total_carelon_operating_expense

Historical Data

17 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$693.00M$693.00M$693.00M$693.00M$782.25M$782.25M$782.25M$782.25M$880.00M$942.00M$875.00M$970.00M$956.00M$974.00M$988.00M$1.06B$998.00M
QoQ Change+0.0%+0.0%+0.0%+12.9%+0.0%+0.0%+0.0%+12.5%+7.0%-7.1%+10.9%-1.4%+1.9%+1.4%+7.3%-5.8%
YoY Change+12.9%+12.9%+12.9%+12.9%+12.5%+20.4%+11.9%+24.0%+8.6%+3.4%+12.9%+9.3%+4.4%
Range$693.00M$1.06B
CAGR+9.5%
Avg YoY Growth+12.2%
Median YoY Growth+12.9%

Frequently Asked Questions

What is Elevance Health's total — operating expense?
Elevance Health (ELV) reported total — operating expense of $998.00M in Q1 2026.
How has Elevance Health's total — operating expense changed year-over-year?
Elevance Health's total — operating expense increased by 4.4% year-over-year, from $956.00M to $998.00M.
What is the long-term trend for Elevance Health's total — operating expense?
Over 3 years (2022 to 2025), Elevance Health's total — operating expense has grown at a 12.8% compound annual growth rate (CAGR), from $2.77B to $3.98B.
What does total — operating expense mean?
The administrative and overhead costs required to operate the Carelon segment.