Filing Flows › agilon health (AGL) › Q4 2025
agilon health (AGL) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 25, 2026
agilon health (AGL) reported revenue of $1.6B for the fourth quarter 2025 (Q4 2025), +3% from a year earlier and +9% from the quarter before. Operating margin was -12.3%, net loss $189M (12.0% of revenue).
agilon health, Q4 2025: revenue $1.6B (+3% year over year), operating margin -12.3%, net loss $189M, operating cash flow −$20.5M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.6B | +9% | +3% |
| Operating profit | −$194M | — | — |
| Net earnings | −$189M | — | — |
| Operating cash flow | −$20.5M | — | — |
What changed
Revenue was $1.6B in Q4 2025, up 3% year over year and up 9% from the previous quarter. Medical services revenue was the largest line at 100% of revenue.
Operating costs exceeded revenue by $0.19B, an operating margin of -12.3%. Total costs grew 8% against revenue growth of 3%. The quarter ended with a net loss of $0.19B, wider than the previous quarter's $0.11B 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 $0.15B. Capital expenditures of $3.0M exceeded it, leaving free cash flow of −$0.02B.
Questions
What was agilon health's revenue in the fourth quarter 2025?
agilon health (AGL) reported revenue of $1.6B for the fourth quarter 2025 (Q4 2025), +3% from a year earlier and +9% from the quarter before.
Was agilon health profitable in the fourth quarter 2025?
Operating loss was $194M (-12.3% of revenue) and net loss $189M.
Source: agilon health 10-K on SEC EDGAR.