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Evolent Health, Inc. EVH Reportable segment — Medical expense and device costs

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Other financials

Income statement

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Revenue$496.2M+2.6%
Gross profit$83.8M-18.2%
Operating income-$10.6M-553%
Net income-$26.6M+58.8%
EPS (diluted)-$0.24+61.9%

Balance sheet

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Cash & equivalents$142.0M-42.4%
Total debt$985.4M+13.3%
Total equity$396.4M-57.6%
Total assets$1.9B-29.2%

Cash flow

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Operating cash flow-$984.0K-122%

Valuation

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Market cap$565.78M-47.9%
Enterprise value$1.41B-17.6%
P/S0.3×-0.2×

Profitability

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Gross margin20.2%+4.9pp
Operating margin-22.2%-23.5pp
Net margin-26.3%-33.2pp
FCF margin-9.7%

Returns & leverage

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Return on equity-74.6%-90.1pp
Debt / equity2.5×+1.6×
Current ratio1.3×+0.3×

Where this comes from

Reported directly by Evolent Health, Inc. in its filing.

Tagged under the XBRL concept evh:MedicalExpenseAndDeviceCosts.

The official record: Evolent Health, Inc.’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Evolent Health, Inc.'s reportable segment — medical expense and device costs?
Evolent Health, Inc. (EVH) reported reportable segment — medical expense and device costs of $335.36M in Q1 2026.
How has Evolent Health, Inc.'s reportable segment — medical expense and device costs changed year-over-year?
Evolent Health, Inc.'s reportable segment — medical expense and device costs increased by 14.6% year-over-year, from $292.68M to $335.36M.
What is the long-term trend for Evolent Health, Inc.'s reportable segment — medical expense and device costs?
Over 3 years (2022 to 2025), Evolent Health, Inc.'s reportable segment — medical expense and device costs has grown at a 14.8% compound annual growth rate (CAGR), from $725.04M to $1.1B.
What does reportable segment — medical expense and device costs mean?
These are the direct costs incurred by the segment related to patient care, medical services, and necessary medical devices. Monitoring these costs is essential for assessing the segment's ability to manage total cost of care effectively within value-based arrangements.