Elevance Health, Inc. (ELV)
Q2-CY2026Q1-CY2026Q4-CY2025Q3-CY2025Q2-CY2025Q1-CY2025Q4-CY2024Q3-CY2024Q2-CY2024Q1-CY2024Q4-CY2023Q3-CY2023Q2-CY2023Q1-CY2023Q4-CY2022Q3-CY2022Q2-CY2022Q1-CY2022Q4-CY2021Q3-CY2021Q2-CY2021Q1-CY2021Q4-CY2020Q3-CY2020Q2-CY2020Q1-CY2020Q4-CY2019Q3-CY2019Q2-CY2019Q1-CY2019Q4-CY2018Q3-CY2018Q2-CY2018Q1-CY2018Q4-CY2017Q3-CY2017Q2-CY2017Q1-CY2017Q4-CY2016Q3-CY2016Q2-CY2016Q1-CY2016Q4-CY2015Q3-CY2015Q2-CY2015Q1-CY2015Q4-CY2014Q3-CY2014Q2-CY2014
Balance Sheet Date2026-Mar-312025-Dec-312025-Sep-302025-Jun-302025-Mar-312024-Dec-312024-Sep-302024-Jun-302024-Mar-312023-Dec-312023-Sep-302023-Jun-302023-Mar-312022-Dec-312022-Sep-302022-Jun-302022-Mar-312021-Dec-312021-Sep-302021-Jun-302021-Mar-312020-Dec-312020-Sep-302020-Jun-302020-Mar-312019-Dec-312019-Sep-302019-Jun-302019-Mar-312018-Dec-312018-Sep-302018-Jun-302018-Mar-312017-Dec-312017-Sep-302017-Jun-302017-Mar-312016-Dec-312016-Sep-302016-Jun-302016-Mar-312015-Dec-312015-Sep-302015-Jun-302015-Mar-312014-Dec-312014-Sep-302014-Jun-30
Fiscal PeriodQ1-FY2026Q4-FY2025Q3-FY2025Q2-FY2025Q1-FY2025Q4-FY2024Q3-FY2024Q2-FY2024Q1-FY2024Q4-FY2023Q3-FY2023Q2-FY2023Q1-FY2023Q4-FY2022Q3-FY2022Q2-FY2022Q1-FY2022Q4-FY2021Q3-FY2021Q2-FY2021Q1-FY2021Q4-FY2020Q3-FY2020Q2-FY2020Q1-FY2020Q4-FY2019Q3-FY2019Q2-FY2019Q1-FY2019Q4-FY2018Q3-FY2018Q2-FY2018Q1-FY2018Q4-FY2017Q3-FY2017Q2-FY2017Q1-FY2017Q4-FY2016Q3-FY2016Q2-FY2016Q1-FY2016Q4-FY2015Q3-FY2015Q2-FY2015Q1-FY2015Q4-FY2014Q3-FY2014Q2-FY2014
Total Revenue50,181,000,000$49,747,000,000$50,711,000,000$49,776,000,000$48,891,000,000$45,442,000,000$45,106,000,000$43,886,000,000$42,577,000,000$42,647,000,000$42,849,000,000$43,672,000,000$42,172,000,000$39,929,000,000$39,939,000,000$38,632,000,000$38,095,000,000$36,581,000,000$35,822,000,000$33,851,000,000$32,385,000,000$31,824,000,000$31,158,000,000$29,264,000,000$29,621,000,000$27,407,000,000$26,674,000,000$25,466,000,000$24,666,000,000$23,373,000,000$23,251,000,000$22,944,000,000$22,537,000,000$22,682,000,000$22,425,900,000$22,407,000,000$22,525,000,000$21,714,400,000$21,403,900,000$21,456,200,000$20,288,500,000$20,187,900,000$19,901,600,000$20,015,500,000$19,051,500,000$18,984,300,000$18,557,000,000$18,473,400,000$
QoQ%.87%(1.90%)1.88%1.81%7.59%.75%2.78%3.07%(.16%)(.47%)(1.89%)3.56%5.62%(.03%)3.38%1.41%4.14%2.12%5.82%4.53%1.76%2.14%6.47%(1.21%)8.08%2.75%4.74%3.24%5.53%.53%1.34%1.81%(.64%)1.14%.08%(.52%)3.73%1.45%(.24%)5.76%.50%1.44%(.57%)5.06%.35%2.30%.45%3.44%
YoY%2.64%9.47%12.43%13.42%14.83%6.55%5.27%.49%.96%6.81%7.29%13.05%10.70%9.15%11.49%14.12%17.63%14.95%14.97%15.68%9.33%16.12%16.81%14.91%20.09%17.26%14.72%10.99%9.45%3.05%3.68%2.40%.05%4.46%4.78%4.43%11.02%7.56%7.55%7.20%6.49%6.34%7.25%8.35%6.68%6.05%3.93%4.43%
Cost Of Revenue5,463,000,000$5,522,000,000$5,380,000,000$5,293,000,000$4,983,000,000$6,012,000,000$5,093,000,000$4,820,000,000$3,825,000,000$4,837,000,000$4,648,000,000$4,327,000,000$3,481,000,000$3,646,000,000$3,437,000,000$3,069,000,000$2,883,000,000$3,070,000,000$2,898,000,000$2,614,000,000$2,313,000,000$2,522,000,000$2,222,000,000$2,225,000,000$1,984,000,000$1,149,000,000$745,000,000$98,000,000$19,282,000,000$18,936,000,000$18,185,000,000$17,728,000,000$17,046,000,000$18,672,000,000$18,104,000,000$17,917,200,000$17,542,800,000$17,567,500,000$16,922,500,000$16,805,200,000$15,538,800,000$16,315,500,000$15,469,100,000$15,205,400,000$14,126,900,000$14,857,900,000$14,211,100,000$14,121,300,000$
Gross Profit44,718,000,000$44,225,000,000$45,331,000,000$44,483,000,000$43,908,000,000$39,430,000,000$40,013,000,000$39,066,000,000$38,752,000,000$37,810,000,000$38,201,000,000$39,345,000,000$38,691,000,000$36,283,000,000$36,502,000,000$35,563,000,000$35,212,000,000$33,511,000,000$32,924,000,000$31,237,000,000$30,072,000,000$29,302,000,000$28,936,000,000$27,039,000,000$27,637,000,000$26,258,000,000$25,929,000,000$25,368,000,000$5,384,000,000$4,437,000,000$5,066,000,000$5,216,000,000$5,491,000,000$4,010,000,000$4,321,900,000$4,489,800,000$4,982,200,000$4,146,900,000$4,481,400,000$4,651,000,000$4,749,700,000$3,872,400,000$4,432,500,000$4,810,100,000$4,924,600,000$4,126,400,000$4,345,900,000$4,352,100,000$
Gross Margin89.11%88.90%89.39%89.37%89.81%86.77%88.71%89.02%91.02%88.66%89.15%90.09%91.75%90.87%91.39%92.06%92.43%91.61%91.91%92.28%92.86%92.08%92.87%92.40%93.30%95.81%97.21%99.62%21.83%18.98%21.79%22.73%24.36%17.68%19.27%20.04%22.12%19.10%20.94%21.68%23.41%19.18%22.27%24.03%25.85%21.74%23.42%23.56%
Operating Expenses42,632,000,000$43,916,000,000$44,036,000,000$42,058,000,000$40,738,000,000$38,757,000,000$38,605,000,000$36,301,000,000$35,736,000,000$36,526,000,000$36,445,000,000$36,717,000,000$35,860,000,000$35,024,000,000$34,251,000,000$33,217,000,000$32,785,000,000$32,253,000,000$30,865,000,000$29,156,000,000$27,911,000,000$28,697,000,000$28,735,000,000$23,679,000,000$25,443,000,000$25,160,000,000$24,401,000,000$23,935,000,000$3,444,000,000$3,687,000,000$3,817,000,000$3,657,000,000$3,623,000,000$3,629,000,000$3,340,300,000$3,262,800,000$3,396,800,000$3,494,600,000$3,403,300,000$3,150,800,000$3,179,300,000$3,432,600,000$3,210,600,000$3,298,000,000$3,345,300,000$3,240,900,000$3,154,600,000$3,129,200,000$
Operating Income2,086,000,000$309,000,000$1,295,000,000$2,425,000,000$3,170,000,000$673,000,000$1,408,000,000$2,765,000,000$3,016,000,000$1,284,000,000$1,756,000,000$2,628,000,000$2,831,000,000$1,259,000,000$2,251,000,000$2,346,000,000$2,427,000,000$1,258,000,000$2,059,000,000$2,081,000,000$2,161,000,000$605,000,000$201,000,000$3,360,000,000$2,194,000,000$1,098,000,000$1,528,000,000$1,433,000,000$1,940,000,000$750,000,000$1,249,000,000$1,559,000,000$1,868,000,000$381,000,000$981,600,000$1,227,000,000$1,585,400,000$652,300,000$1,078,100,000$1,500,200,000$1,570,400,000$439,800,000$1,221,900,000$1,512,100,000$1,579,300,000$885,500,000$1,191,300,000$1,222,900,000$
Operating Margin4.16%.62%2.55%4.87%6.48%1.48%3.12%6.30%7.08%3.01%4.10%6.02%6.71%3.15%5.64%6.07%6.37%3.44%5.75%6.15%6.67%1.90%.65%11.48%7.41%4.01%5.73%5.63%7.87%3.21%5.37%6.80%8.29%1.68%4.38%5.48%7.04%3.00%5.04%6.99%7.74%2.18%6.14%7.56%8.29%4.66%6.42%6.62%
Interest Income
Interest Expenses300,000,000$280,000,000$265,000,000$259,000,000$259,000,000$261,000,000$251,000,000$229,000,000$213,000,000$208,000,000$201,000,000$200,000,000$201,000,000$205,000,000$192,000,000$191,000,000$198,000,000$201,000,000$194,000,000$190,000,000$185,000,000$184,000,000$187,000,000$189,000,000$188,000,000$192,000,000$184,000,000$164,000,000$150,000,000$189,900,000$235,000,000$177,300,000$172,900,000$185,700,000$187,100,000$179,700,000$164,800,000$154,100,000$154,400,000$153,600,000$155,300,000$145,600,000$
Income Before Tax2,304,000,000$215,000,000$1,406,000,000$2,292,000,000$2,797,000,000$606,000,000$1,373,000,000$2,986,000,000$2,939,000,000$1,001,000,000$1,654,000,000$2,441,000,000$2,619,000,000$1,045,000,000$2,127,000,000$2,122,000,000$2,306,000,000$1,470,000,000$1,996,000,000$2,353,000,000$2,176,000,000$611,000,000$389,000,000$3,149,000,000$2,089,000,000$1,098,000,000$1,489,000,000$1,453,000,000$1,945,000,000$542,000,000$1,242,000,000$1,504,000,000$1,780,000,000$126,000,000$1,119,000,000$1,205,000,000$1,514,000,000$658,600,000$1,136,500,000$1,448,300,000$1,312,000,000$374,300,000$1,129,600,000$1,558,000,000$1,569,100,000$887,100,000$1,087,200,000$1,263,700,000$
Tax Expenses544,000,000$(331,000,000$)219,000,000$548,000,000$613,000,000$193,000,000$365,000,000$685,000,000$690,000,000$170,000,000$354,000,000$585,000,000$615,000,000$168,000,000$529,000,000$488,000,000$527,000,000$291,000,000$494,000,000$552,000,000$509,000,000$60,000,000$167,000,000$873,000,000$566,000,000$164,000,000$306,000,000$314,000,000$394,000,000$118,000,000$282,000,000$450,000,000$468,000,000$(1,107,000,000$)372,500,000$350,400,000$505,100,000$289,600,000$518,700,000$667,700,000$609,000,000$193,400,000$474,800,000$698,900,000$703,900,000$380,400,000$456,300,000$532,600,000$
Net Income1,760,000,000$546,000,000$1,187,000,000$1,744,000,000$2,184,000,000$413,000,000$1,008,000,000$2,301,000,000$2,249,000,000$831,000,000$1,300,000,000$1,856,000,000$2,004,000,000$877,000,000$1,598,000,000$1,634,000,000$1,779,000,000$1,179,000,000$1,502,000,000$1,801,000,000$1,667,000,000$551,000,000$222,000,000$2,276,000,000$1,523,000,000$934,000,000$1,183,000,000$1,139,000,000$1,551,000,000$424,000,000$960,000,000$1,054,000,000$1,312,000,000$1,232,000,000$747,000,000$855,000,000$1,009,000,000$368,400,000$617,800,000$780,600,000$703,000,000$180,900,000$654,800,000$859,100,000$865,200,000$506,700,000$630,900,000$731,100,000$
Profit Margin3.51%1.10%2.34%3.50%4.47%.91%2.24%5.24%5.28%1.95%3.03%4.25%4.75%2.20%4.00%4.23%4.67%3.22%4.19%5.32%5.15%1.73%.71%7.78%5.14%3.41%4.44%4.47%6.29%1.81%4.13%4.59%5.82%5.43%3.33%3.82%4.48%1.70%2.89%3.64%3.47%.90%3.29%4.29%4.54%2.67%3.40%3.96%
TTM2.61%2.84%2.84%2.83%3.22%3.37%3.67%3.89%3.63%3.50%3.58%3.82%3.81%3.76%4.04%4.09%4.34%4.44%4.12%3.28%3.78%3.75%4.22%5.24%4.38%4.61%4.29%4.21%4.23%4.07%4.99%4.80%4.60%4.27%3.35%3.24%3.19%2.91%2.74%2.83%2.98%3.23%3.70%3.74%3.64%3.48%3.04%3.10%
Earnings to Minority(4,000,000$)(1,000,000$)(2,000,000$)1,000,000$1,000,000$(5,000,000$)(8,000,000$)1,000,000$3,000,000$(25,000,000$)11,000,000$3,000,000$15,000,000$12,000,000$(5,000,000$)(3,000,000$)(10,000,000$)(12,000,000$)(7,000,000$)8,000,000$2,000,000$
Earnings to Common Shareholders1,764,000,000$547,000,000$1,189,000,000$1,743,000,000$2,183,000,000$418,000,000$1,016,000,000$2,300,000,000$2,246,000,000$856,000,000$1,289,000,000$1,853,000,000$1,989,000,000$865,000,000$1,603,000,000$1,637,000,000$1,789,000,000$1,191,000,000$1,509,000,000$1,793,000,000$1,665,000,000$551,000,000$222,000,000$2,276,000,000$1,523,000,000$934,000,000$1,183,000,000$1,139,000,000$1,551,000,000$424,000,000$960,000,000$1,054,000,000$1,312,000,000$1,232,000,000$747,000,000$855,000,000$1,009,000,000$368,400,000$617,800,000$780,600,000$703,000,000$180,900,000$654,800,000$859,100,000$865,200,000$506,700,000$630,900,000$731,100,000$
QoQ%222.49%(54.00%)(31.78%)(20.16%)422.25%(58.86%)(55.83%)2.40%162.38%(33.59%)(30.44%)(6.84%)129.94%(46.04%)(2.08%)(8.50%)50.21%(21.07%)(15.84%)7.69%202.18%148.20%(90.25%)49.44%63.06%(21.05%)3.86%(26.56%)265.80%(55.83%)(8.92%)(19.67%)6.49%64.93%(12.63%)(15.26%)173.89%(40.37%)(20.86%)11.04%288.61%(72.37%)(23.78%)(.71%)70.75%(19.69%)(13.71%)4.29%
YoY%(19.19%)30.86%17.03%(24.22%)(2.81%)(51.17%)(21.18%)24.12%12.92%(1.04%)(19.59%)13.20%11.18%(27.37%)6.23%(8.70%)7.45%116.15%579.73%(21.22%)9.32%(41.01%)(81.23%)99.82%(1.81%)120.28%23.23%8.07%18.22%(65.58%)28.51%23.28%30.03%234.42%20.91%9.53%43.53%103.65%(5.65%)(9.14%)(18.75%)(64.30%)3.79%17.51%23.42%241.90%(3.86%)(8.62%)
Earnings Per Share, Basic8.03$2.47$5.32$7.74$9.64$1.82$4.38$9.91$9.65$3.66$5.48$7.83$8.37$3.63$6.69$6.80$7.41$4.92$6.20$7.33$6.80$2.23$0.88$9.02$6.03$3.69$4.64$4.44$6.03$1.64$3.70$4.07$5.13$4.80$2.87$3.23$3.82$1.40$2.35$2.97$2.69$0.69$2.51$3.27$3.25$1.88$2.31$2.64$
Earnings Per Share, Diluted8.00$2.47$5.32$7.72$9.61$1.81$4.36$9.85$9.59$3.63$5.45$7.79$8.30$3.59$6.62$6.73$7.32$4.85$6.13$7.25$6.71$2.19$0.87$8.91$5.94$3.62$4.55$4.36$5.91$1.61$3.62$3.98$4.99$4.68$2.80$3.16$3.73$1.37$2.30$2.91$2.63$0.68$2.43$3.13$3.09$1.80$2.22$2.56$
Unlevered FCF Per Share, Basic18.64$(0.95$)3.47$7.94$3.63$1.67$10.11$0.53$7.30$(14.08$)9.75$6.76$25.97$(7.62$)19.28$8.96$9.47$5.50$9.23$5.72$9.39$14.28$(5.80$)20.92$9.16$3.86$5.47$4.74$5.43$0.55$0.97$0.88$7.81$(6.14$)8.39$0.84$9.68$0.41$3.04$2.04$4.75$3.12$0.63$3.92$5.86$0.00$1.71$3.38$
Unlevered FCF Per Share, Diluted18.59$(0.94$)3.46$7.91$3.61$1.66$10.06$0.53$7.25$(13.99$)9.70$6.73$25.73$(7.53$)19.07$8.86$9.36$5.42$9.13$5.65$9.27$14.07$(5.73$)20.66$9.01$3.78$5.37$4.66$5.32$0.54$0.95$0.86$7.60$(5.99$)8.19$0.83$9.47$0.40$2.98$2.00$4.64$3.04$0.61$3.76$5.57$0.00$1.64$3.27$
Average Shares, Basic219,800,000221,100,000223,300,000225,200,000226,400,000230,000,000231,900,000232,200,000232,700,000234,200,000235,300,000236,600,000237,500,000238,300,000239,600,000240,700,000241,400,000242,300,000243,400,000244,500,000245,000,000247,600,000251,000,000252,200,000252,400,000253,000,000255,200,000256,700,000257,100,000258,400,000259,500,000258,700,000255,800,000256,500,000260,500,000264,600,000264,400,000263,600,000263,200,000263,000,000261,800,000261,000,000261,300,000263,100,000266,600,000268,900,000273,000,000276,800,000
Average Shares, Diluted220,400,000221,700,000223,700,000225,800,000227,200,000230,900,000233,100,000233,400,000234,200,000235,600,000236,500,000237,800,000239,700,000241,200,000242,200,000243,400,000244,400,000245,600,000246,000,000247,400,000248,200,000251,200,000254,200,000255,400,000256,400,000257,900,000260,000,000261,000,000262,300,000264,100,000265,400,000264,500,000262,800,000263,000,000267,000,000270,800,000270,400,000268,600,000268,100,000268,200,000267,500,000267,700,000269,200,000274,300,000280,400,000280,900,000284,100,000286,000,000
EBIT2,304,000,000$215,000,000$1,406,000,000$2,292,000,000$2,797,000,000$606,000,000$1,673,000,000$3,266,000,000$3,204,000,000$1,260,000,000$1,913,000,000$2,702,000,000$2,870,000,000$1,274,000,000$2,340,000,000$2,330,000,000$2,507,000,000$1,670,000,000$2,197,000,000$2,558,000,000$2,368,000,000$802,000,000$587,000,000$3,350,000,000$2,283,000,000$1,288,000,000$1,674,000,000$1,637,000,000$2,132,000,000$731,000,000$1,430,000,000$1,696,000,000$1,964,000,000$290,000,000$1,269,000,000$1,394,900,000$1,749,000,000$835,900,000$1,309,400,000$1,634,000,000$1,499,100,000$554,000,000$1,294,400,000$1,712,100,000$1,723,500,000$1,040,700,000$1,242,500,000$1,409,300,000$
EBITDA2,304,000,000$215,000,000$1,406,000,000$2,292,000,000$2,797,000,000$606,000,000$1,904,000,000$3,266,000,000$3,204,000,000$1,260,000,000$2,133,000,000$2,702,000,000$2,870,000,000$1,274,000,000$2,340,000,000$2,330,000,000$2,507,000,000$1,670,000,000$2,197,000,000$2,558,000,000$2,368,000,000$802,000,000$587,000,000$3,350,000,000$2,283,000,000$1,288,000,000$1,674,000,000$1,637,000,000$2,132,000,000$731,000,000$1,430,000,000$1,696,000,000$1,964,000,000$290,000,000$1,269,000,000$1,394,900,000$1,749,000,000$835,900,000$1,309,400,000$1,634,000,000$1,499,100,000$554,000,000$1,294,400,000$1,712,100,000$1,723,500,000$1,040,700,000$1,242,500,000$1,409,300,000$