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How agilon health (AGL) makes money

agilon health (AGL) made $1.5B of revenue in the third quarter 2026 (Q3 2026), +6% from a year earlier. Of every dollar of revenue, 2¢ was left as operating profit, 2¢ was left as net earnings.

Drawing the Sankey…

agilon health: revenue by line, Q1 2025 to Q2 2026agilon health: revenue by line, Q1 2025 to Q2 2026Medical services reve…Other operating reven…Medical services revenue: $1.5B latest$1.5BOther operating revenue: $1.8M latestQ1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026
The mix barely moved between Q1 2025 and Q2 2026.
agilon health revenue by quarteragilon health revenue by quarter$1.5BQ1 2025$1.4BQ2 2025$1.4BQ3 2025$1.6BQ4 2025$1.4BQ1 2026$1.5BQ2 2026$1.5BQ3 2026
agilon health: where each dollar of revenue goesagilon health: where each dollar of revenue goesOperating profit2¢Income tax0¢Net earnings2¢Operating cash flow3¢Free cash flow3¢

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$1.5B100.0%
Operating profit$24.1M1.6%
Income tax$4.0M0.3%
Net earnings$34.9M2.3%
Operating cash flow$49.9M3.3%
Free cash flow$46.6M3.1%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$1.5B+6%
Q2 2026$1.5B+7%
Q1 2026$1.4B-7%
Q4 2025$1.6B+3%
Q3 2025$1.4B-1%
Q2 2025$1.4B-6%
Q1 2025$1.5B-4%

From agilon health's 10-Q filed Nov 4, 2026 (on EDGAR).

Questions

How does agilon health make money?

agilon health (AGL) made $1.5B of revenue in the third quarter 2026 (Q3 2026), +6% from a year earlier. Of every dollar of revenue, 2¢ was left as operating profit, 2¢ was left as net earnings.

What is agilon health's profit margin?

Net earnings were $34.9M, 2.3% of revenue, in the third quarter 2026; the operating margin was 1.6%.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.