Filing Flows › agilon health (AGL) › Q3 2025
agilon health (AGL) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 4, 2025
agilon health (AGL) reported revenue of $1.4B for the third quarter 2025 (Q3 2025), -1% from a year earlier and +3% from the quarter before. Operating margin was -9.1%, net loss $110M (7.7% of revenue).
agilon health, Q3 2025: revenue $1.4B (-1% year over year), operating margin -9.1%, net loss $110M, operating cash flow −$18.2M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.4B | +3% | -1% |
| Operating profit | −$131M | — | — |
| Net earnings | −$110M | — | — |
| Operating cash flow | −$18.2M | — | — |
What changed
Revenue was $1.4B in Q3 2025, down 1% year over year and up 3% from the previous quarter. Medical services revenue was the largest line at 100% of revenue. Medical services revenue lost $0.02B year over year (down 1%), 98% of the total change.
Operating costs exceeded revenue by $0.13B, an operating margin of -9.1%. Total costs fell 1% while revenue fell 1%. The quarter ended with a net loss of $0.11B, wider than the previous quarter's $0.10B loss.
Operating cash flow was −$0.02B. Non-cash charges added back $0.01B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.08B. Capital expenditures of $3.2M exceeded it, leaving free cash flow of −$0.02B.
Questions
What was agilon health's revenue in the third quarter 2025?
agilon health (AGL) reported revenue of $1.4B for the third quarter 2025 (Q3 2025), -1% from a year earlier and +3% from the quarter before.
Was agilon health profitable in the third quarter 2025?
Operating loss was $131M (-9.1% of revenue) and net loss $110M.
Source: agilon health 10-Q on SEC EDGAR.