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Filing Flows › Evolent Health (EVH) › Q2 2026 › vs Q2 2025

Evolent Health (EVH) Q2 2026 vs Q2 2025 (year over year)

Evolent Health's revenue rose $208M (+47%) from $444M in Q2 2025 to $653M in Q2 2026.

Evolent Health, Q2 2026: revenue $653M (+47% year over year), operating margin -1.5%, net loss $28.4M, operating cash flow −$9.3M. The chart draws each line against Q2 2025, the increases inside each band.

Evolent Health: what changed, Q2 2026 vs Q2 2025Evolent Health: what changed, Q2 2026 vs Q2 2025Cost of revenue$228MOperating costs$217MCosts & expenses$216MWorking capital & other−$27.4MCash used in operations−$21.0MOperating cash sources−$19.0MNet loss$8.5MNet loss absorbed$8.5MSG&A−$6.4MOther operating costs−$4.8M

Every line

LineQ2 2026Q2 2025Change%
Revenue$653M$444M$208M+47%
Net loss$28.4M$19.9M$8.5M+43%
Costs & expenses$681M$465M$216M+46%
Operating costs$662M$445M$217M+49%
Interest & other, net$16.1M$19.6M−$3.5M-18%
Income tax$2.7M−$825K$3.5M—
Cost of revenue$572M$344M$228M+66%
SG&A$68.8M$75.2M−$6.4M-8%
Other operating costs$21.6M$26.3M−$4.8M-18%
Operating cash sources$46.1M$65.1M−$19.0M-29%
Depreciation & amortization$21.6M$23.1M−$1.6M-7%
Share-based compensation$15.2M$11.6M$3.6M+31%
Cash used in operations$9.3M$30.3M−$21.0M-69%
Net loss absorbed$28.4M$19.9M$8.5M+43%
Working capital & other$17.7M$45.2M−$27.4M-61%

Questions

How much did Evolent Health's revenue grow year over year in Q2 2026?

Evolent Health's revenue rose $208M (+47%) from $444M in Q2 2025 to $653M in Q2 2026.

Q2 2026 results → · Compare in the interactive Sankey →