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.
Increasing expenses relative to revenue may indicate rising administrative overhead or inefficient scaling, while decreasing expenses suggest improved operational leverage.
The administrative and general operating costs required to run the Carelon segment, excluding direct benefit and product...
Comparable to SG&A or operating expense metrics reported by healthcare services and managed care segments.
elv_segment_total_carelon_operating_expense| 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 | $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% |