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How Evolent Health (EVH) makes money
Evolent Health (EVH) made $725M of revenue in the third quarter 2026 (Q3 2026), +51% from a year earlier.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $725M | 100.0% |
| Income tax | $1.1M | 0.2% |
| Operating cash flow | $26.4M | 3.6% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $725M | +51% |
| Q2 2026 | $653M | +47% |
| Q1 2026 | $496M | +3% |
| Q4 2025 | $469M | -28% |
| Q3 2025 | $480M | -23% |
| Q2 2025 | $444M | -31% |
| Q1 2025 | $484M | -24% |
From Evolent Health's 10-Q filed Nov 5, 2026 (on EDGAR).
Questions
How does Evolent Health make money?
Evolent Health (EVH) made $725M of revenue in the third quarter 2026 (Q3 2026), +51% from a year earlier.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.