Business Segments · Reportable segments’ operating gain

Carelon Services Segment — Reportable segments’ operating gain

Elevance Health Carelon Services Segment — Reportable segments’ operating gain increased by 114.6% to $470.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 4.3%, from $491.00M to $470.00M. Over 3 years (FY 2021 to FY 2024), Carelon Services Segment — Reportable segments’ operating gain shows an upward trend with a 82.5% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2020
Last reportedQ1 2026
Rolls up toOperating Income

How to read this metric

Higher operating gain indicates strong segment performance, effective cost management, and successful execution of the business strategy.

Detailed definition

The operating profit generated by the Carelon Services segment, calculated as total operating revenue minus benefit expe...

Peer comparison

Comparable to segment operating income or segment EBIT reported by diversified healthcare and insurance conglomerates.

Metric ID: elv_segment_carelon_services_reportable_segments_operating_gain

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q1 '26
Value$29.50M$29.50M$29.50M$200.00M$113.00M$125.00M$17.00M$209.00M$136.00M$173.00M$162.00M$290.00M$208.00M$184.00M$35.00M$491.00M$400.00M$219.00M$470.00M
QoQ Change+0.0%+0.0%+578.0%-43.5%+10.6%-86.4%>999%-34.9%+27.2%-6.4%+79.0%-28.3%-11.5%-81.0%>999%-18.5%-45.3%+114.6%
YoY Change+283.1%+323.7%-42.4%+4.5%+20.4%+38.4%+852.9%+38.8%+52.9%+6.4%-78.4%+69.3%+92.3%+19.0%-4.3%
Range$17.00M$491.00M
CAGR+85.0%
Avg YoY Growth+111.8%
Median YoY Growth+38.4%

Frequently Asked Questions

What is Elevance Health's carelon services segment — reportable segments’ operating gain?
Elevance Health (ELV) reported carelon services segment — reportable segments’ operating gain of $470.00M in Q1 2026.
How has Elevance Health's carelon services segment — reportable segments’ operating gain changed year-over-year?
Elevance Health's carelon services segment — reportable segments’ operating gain decreased by 4.3% year-over-year, from $491.00M to $470.00M.
What is the long-term trend for Elevance Health's carelon services segment — reportable segments’ operating gain?
Over 3 years (2021 to 2024), Elevance Health's carelon services segment — reportable segments’ operating gain has grown at a 82.5% compound annual growth rate (CAGR), from $118.00M to $717.00M.
What does carelon services segment — reportable segments’ operating gain mean?
The total operating profit earned by the Carelon Services business segment.