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Evolent Health, Inc. EVH Reportable segment — Total claims incurred

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Other financials

Income statement

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Revenue$652.5M+46.9%
Gross profit$80.8M-19.5%
Operating income-$9.6M-716%
Net income-$28.4M-42.6%
EPS (diluted)-$0.25+43.2%

Balance sheet

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Cash & equivalents$115.7M-23.4%
Total debt$970.4M+13.7%
Total equity$383.2M-57.2%
Total assets$2.0B-19.9%

Cash flow

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Operating cash flow-$9.3M+69.3%

Valuation

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Market cap$446.58M-58.2%
Enterprise value$1.3B-26.5%
P/S0.2×-0.3×

Profitability

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Gross margin17.2%+0.9pp
Operating margin-20.4%-22.4pp
Net margin-24.1%-35.8pp
FCF margin-9.7%

Returns & leverage

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Return on equity-79%-99.2pp
Debt / equity2.5×+1.6×
Current ratio1.2×+0.2×

Where this comes from

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

Tagged under the XBRL concept us-gaap:LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaims1.

The source filing: Evolent Health, Inc.’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 8:53 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628908-26-000086

(1) Medical expenses and device costs include $461.5 million and $763.3 million for the three and six months ended June 30, 2026, respectively, and $214.2 million and $420.2 million for the three and six months ended June 30, 2025, respectively, of total claims incurred related to our specialty care management services solution for the six months ended June 30, 2026 and 2025, respectively.

Item 1. Financial Statements

FAQ

What is Evolent Health, Inc.'s reportable segment — total claims incurred?
Evolent Health, Inc. (EVH) reported reportable segment — total claims incurred of $461.5M in Q2 2026.
How has Evolent Health, Inc.'s reportable segment — total claims incurred changed year-over-year?
Evolent Health, Inc.'s reportable segment — total claims incurred increased by 115.5% year-over-year, from $214.2M to $461.5M.
What does reportable segment — total claims incurred mean?
This metric represents the total value of healthcare claims and related costs that have been incurred by the segment during a specific reporting period, regardless of whether they have been paid. It is a fundamental measure of the segment's medical loss ratio and operational exposure to healthcare delivery costs. Monitoring this figure is essential for understanding the segment's underwriting performance and the accuracy of its medical cost projections.

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