Total — Operating expense
Elevance Health Total — Operating expense decreased by 5.8% to $998M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 4.4%, from $956M to $998M. 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
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.
elv_segment_total_carelon_operating_expenseHistorical 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 | $693M | $693M | $693M | $693M | $782.25M | $782.25M | $782.25M | $782.25M | $880M | $942M | $875M | $970M | $956M | $974M | $988M | $1.06B | $998M |
| 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% |
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Frequently Asked Questions
- What is Elevance Health's total — operating expense?
- Elevance Health (ELV) reported total — operating expense of $998M 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 $956M to $998M.
- 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.