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Evolent Health, Inc. EVH Extinguishment of Series A Preferred Stock

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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$403.81M-63.4%
Enterprise value$1.26B-30.3%
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 evh:ExtinguishmentOfPreferredStock.

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
Line itemFor the Three Months Ended June 30, 2026For the Three Months Ended June 30, 2025For the Six Months Ended June 30, 2026For the Six Months Ended June 30, 2025
Interest expense(16,859)(11,601)(33,727)(21,986)
Gain (loss) from equity method investees(41)197(52)178
Loss on option exercise(196)(52,544)
Extinguishment of Series A Preferred Stock and other refinancing fees(9,000)(9,000)
Other income (expense), net109(35)851(83)
Loss before income taxes(25,649)(20,722)(51,371)(83,870)
Provision for (benefit from) income taxes2,715(825)3,625645
Loss before preferred dividends and accretion of Series A Preferred Stock(28,364)(19,897)(54,996)(84,515)

Item 1. Financial Statements

FAQ

What is Evolent Health, Inc.'s extinguishment of series a preferred stock?
Evolent Health, Inc. (EVH) reported extinguishment of series a preferred stock of $0 in Q2 2026.
How has Evolent Health, Inc.'s extinguishment of series a preferred stock changed year-over-year?
Evolent Health, Inc.'s extinguishment of series a preferred stock decreased by 100.0% year-over-year, from $9M to $0.
What does extinguishment of series a preferred stock mean?
Extinguishment of Series A Preferred Stock as reported by Evolent Health, Inc Class A Common Stock.

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