Filing Flows › agilon health (AGL) › Q2 2025
agilon health (AGL) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 4, 2025
agilon health (AGL) reported revenue of $1.4B for the second quarter 2025 (Q2 2025), -6% from a year earlier and -9% from the quarter before. Operating margin was -8.3%, net loss $104M (7.5% of revenue).
agilon health, Q2 2025: revenue $1.4B (-6% year over year), operating margin -8.3%, net loss $104M, operating cash flow −$35.1M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.4B | -9% | -6% |
| Operating profit | −$116M | — | — |
| Net earnings | −$104M | -962% | — |
| Operating cash flow | −$35.1M | — | — |
What changed
Revenue was $1.4B in Q2 2025, down 6% year over year and down 9% from the previous quarter. Medical services revenue was the largest line at 100% of revenue. Medical services revenue lost $0.09B year over year (down 6%), 100% of the total change.
Operating costs exceeded revenue by $0.12B, an operating margin of -8.3%. Total costs fell 1% while revenue fell 6%. The quarter ended with a net loss of $0.10B, after a profit of $0.01B the previous quarter.
Operating cash flow was −$0.04B. Non-cash charges added back $0.01B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items added $0.05B. Capital expenditures of $3.2M exceeded it, leaving free cash flow of −$0.04B.
Questions
What was agilon health's revenue in the second quarter 2025?
agilon health (AGL) reported revenue of $1.4B for the second quarter 2025 (Q2 2025), -6% from a year earlier and -9% from the quarter before.
Was agilon health profitable in the second quarter 2025?
Operating loss was $116M (-8.3% of revenue) and net loss $104M.
Source: agilon health 10-Q on SEC EDGAR.