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Evolent Health, Inc. EVH Operating Income

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Other financials

Income statement

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Revenue$496.2M+2.6%
Gross profit$83.8M-18.2%
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 us-gaap:OperatingIncomeLoss.

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 operating income?
Evolent Health, Inc. (EVH) reported operating income of -$10.6M in Q1 2026.
How has Evolent Health, Inc.'s operating income changed year-over-year?
Evolent Health, Inc.'s operating income decreased by 553.5% year-over-year, from -$1.62M to -$10.6M.
What is the long-term trend for Evolent Health, Inc.'s operating income?
Over 3 years (2021 to 2025), Evolent Health, Inc.'s operating income has grown at a 113.1% compound annual growth rate (CAGR), from -$42.41M to -$410.14M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.