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Evolent Health, Inc. EVH Operating margin

Operating margin at other companies

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2%-0.3pp
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4.8%-2.5pp
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-6%-2.1pp
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BrightSpring Health Services, Inc.BTSG
2.7%+1.1pp
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-84.4%-167pp
CareCloud, Inc. logo
CareCloud, Inc.CCLD
7.1%-3.4pp

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
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

Calculated from Evolent Health, Inc.’s reported figures.

Based on trailing twelve months.

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

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

FAQ

What is Evolent Health, Inc.'s operating margin?
Evolent Health, Inc. (EVH) reported operating margin of -20.4% in Q2 2026.
How has Evolent Health, Inc.'s operating margin changed year-over-year?
Evolent Health, Inc.'s operating margin decreased by 1088.8% year-over-year, from -1.7% to -20.4%.
What is the long-term trend for Evolent Health, Inc.'s operating margin?
Over 4 years (2020 to 2025), Evolent Health, Inc.'s operating margin has grown at a -6.8% compound annual growth rate (CAGR), from -28.9% to -21.9%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.

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