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Elevance Health ELV Total Cost of Revenue

Total Cost of Revenue at other companies

CVS Health logo
CVS HealthCVS
$55.44B+8.6%
UnitedHealth Group logo
UnitedHealth GroupUNH
$12.82B+3.5%
Centene logo
CenteneCNC
$702M+0.6%
Molina Healthcare logo
Molina HealthcareMOH
$9.27B-2.2%
Cigna logo
CignaCI
$54.1B+11.8%
Evolent Health, Inc. logo
Evolent Health, Inc.EVH
$412.47M+8.2%

Segments

By segment

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CarelonRx$9.83B+5.9%
Carelon Services$0
Corporate & Other$0
Health Benefits$0

Other financials

Income statement

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Revenue$50.2B+2.6%
Gross profit$44.7B+1.8%
Net income$1.8B-19.2%
EPS (diluted)$8.00-16.8%

Balance sheet

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Cash & equivalents$9.7B+28.8%
Total debt$31.5B+11.0%
Total equity$43.9B+3.3%
Total assets$125.83B+5.1%

Cash flow

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Operating cash flow$4.3B+326%
CapEx$235.0M+19.9%
Free cash flow$4.1B+399%

Valuation

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Market cap$84.11B-0.6%
Enterprise value$105.95B+0.4%
P/E16×+1.7×
P/S0.4×0.0×

Profitability

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Gross margin89.2%+0.6pp
Net margin2.6%-0.6pp
FCF margin3.3%+1.3pp

Returns & leverage

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Return on equity12.1%-2.1pp
Debt / equity0.7×+0.1×
Current ratio1.5×0.0×

Where this comes from

Reported directly by Elevance Health in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

The official record: Elevance Health’s 10-Q, filed April 22, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Elevance Health's total cost of revenue?
Elevance Health (ELV) reported total cost of revenue of $5.46B in Q1 2026.
How has Elevance Health's total cost of revenue changed year-over-year?
Elevance Health's total cost of revenue increased by 9.6% year-over-year, from $4.98B to $5.46B.
What is the long-term trend for Elevance Health's total cost of revenue?
Over 4 years (2021 to 2025), Elevance Health's total cost of revenue has grown at a 18.1% compound annual growth rate (CAGR), from $10.9B to $21.18B.
What does total cost of revenue mean?
The aggregate of all direct costs attributable to producing goods and delivering services that generated the company's revenue, including materials, labor, and overhead.