Evolent Health Q1 revenue rises to $496.2 million; net loss narrows to $26.6 million
Evolent Health reported first-quarter 2026 revenue of $496.2 million, up from $483.6 million a year earlier, and a net loss attributable to common shareholders of $26.6 million, or $0.24 per share, versus $72.3 million, or $0.63 per share, a year earlier. Adjusted EBITDA fell to $22.1 million from $36.9 million, and the company reiterated its full-year 2026 revenue and Adjusted EBITDA guidance.
Key points
- Q1 2026 revenue was $496.2 million versus $483.6 million in Q1 2025; net loss narrowed to $26.6 million from $72.3 million.
- Adjusted EBITDA was $22.1 million (4.4% margin) versus $36.9 million (7.6% margin) a year earlier.
- Full-year 2026 guidance was reiterated at $2.4 billion to $2.6 billion in revenue and approximately $110 million to $140 million in Adjusted EBITDA.
The filing
Written by AI on Nov 9, 2026, 8:53 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 07, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.