Evolent Health Q2 revenue rises to $652.5 million; raises 2026 revenue guidance
Evolent Health reported second-quarter 2026 revenue of $652.5 million, up from $444.3 million a year earlier, and its net loss narrowed to $28.4 million from $51.1 million. Adjusted EBITDA fell to $28.1 million from $37.5 million, and the company raised its 2026 revenue guidance while tightening its Adjusted EBITDA range.
Key points
- Q2 2026 revenue was $652.5 million versus $444.3 million in Q2 2025; net loss attributable to common shareholders was $28.4 million, or $0.25 per share, versus $51.1 million, or $0.44 per share.
- Adjusted EBITDA was $28.1 million, with a 4.3% margin, compared with $37.5 million and an 8.5% margin a year earlier.
- 2026 revenue guidance was raised to $2.6 billion to $2.7 billion; Adjusted EBITDA guidance was tightened to $120 million to $135 million.
- The company expects 2027 revenue growth of over 25% compared with 2026, and a 2027 Adjusted EBITDA midpoint at or above $150 million.
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 August 06, 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.