Elevance Health ELV Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Operating revenue - total by Business | ||||||
| Carelon Services Segment | $7.37B+5.0% | $7.02B-4.2% | $7.32B-1.6% | $7.44B+13.8% | $6.54B+37.1% | |
| CarelonRx Segment | $10.6B-9.0% | $11.64B+5.9% | $11B+3.3% | $10.64B+5.2% | $10.12B+1.4% | |
| Corporate & Other | $4M— | —— | $149M-35.8% | $232M+40.6% | $165M— | |
| Health Benefits Segment | $42.49B+1.6% | $41.84B-1.0% | $42.25B+1.6% | $41.58B+0.4% | $41.43B+10.2% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Elevance Health break its business down?
- Elevance Health (ELV) reports operating revenue - total by business across 4 parts — Carelon Services Segment, CarelonRx Segment, Corporate & Other and Health Benefits Segment. Each is extracted from the segment footnotes and tracked over time.
- Where does Elevance Health's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Elevance Health's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
