Net Income
Elevance Health Net Income increased by 222.3% to $1.76B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 19.4%, from $2.18B to $1.76B. Over 4 years (FY 2021 to FY 2025), Net Income shows relatively stable performance with a -1.8% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase signals improved profitability and potential for higher dividends or reinvestment, while a decrease may indicate rising costs or slowing sales.
Detailed definition
Net income represents the total profit of the company after all operating expenses, interest, taxes, and preferred stock...
Peer comparison
Peer companies in the consumer electronics and software sectors typically trade on multiples of this figure, though it can be impacted by one-time tax events.
net_income_cfHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | 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 | $1.80B | $1.50B | $1.13B | $1.80B | $1.65B | $1.61B | $961.00M | $2.00B | $1.86B | $1.30B | $831.00M | $2.25B | $2.30B | $1.01B | $413.00M | $2.18B | $1.74B | $1.19B | $546.00M | $1.76B |
| QoQ Change | — | -16.6% | -25.1% | +59.6% | -8.1% | -2.2% | -40.4% | +108.5% | -7.4% | -30.0% | -36.1% | +170.6% | +2.3% | -56.2% | -59.0% | +428.8% | -20.1% | -31.9% | -54.0% | +222.3% |
| YoY Change | — | — | — | — | -8.4% | +7.4% | -14.6% | +11.6% | +12.5% | -19.4% | -13.5% | +12.2% | +24.0% | -22.5% | -50.3% | -2.9% | -24.2% | +17.8% | +32.2% | -19.4% |
Net Income at Other Companies
Frequently Asked Questions
- What is Elevance Health's net income?
- Elevance Health (ELV) reported net income of $1.76B in Q1 2026.
- How has Elevance Health's net income changed year-over-year?
- Elevance Health's net income decreased by 19.4% year-over-year, from $2.18B to $1.76B.
- What is the long-term trend for Elevance Health's net income?
- Over 4 years (2021 to 2025), Elevance Health's net income has grown at a -1.8% compound annual growth rate (CAGR), from $6.10B to $5.66B.
- What does net income mean?
- The company's total profit after all expenses and taxes have been paid.