{"filings":[{"id":2088079,"accession_number":"0001628908-26-000084","cik":1628908,"company_name":"Evolent Health, Inc.","ticker":"EVH","form_type":"8-K","filed_at":"2026-08-06T11:03:53+00:00","items":["2.02","9.01"],"status":"ready","headline":"Evolent Q2 revenue $652.5M (+47% YoY); net loss narrows; new oncology partnership to add $300M annual revenue","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $652.5M vs $444.3M YoY; net loss attributable to common $28.4M vs $51.1M.","Adjusted EBITDA $28.1M (4.3% margin) vs $37.5M (8.5% margin) YoY; Medical Expense Ratio 95.3% vs 80.0%.","Guides 2027 revenue growth >25% vs 2026; midpoint of 2027 Adjusted EBITDA at or above $150M.","New Oncology Performance Suite partnership covering ~1.5M lives, expected launch Dec 2026, ~$300M annualized revenue.","Existing STSS client expands; annualized revenue <$5M; company evaluating debt reduction initiatives."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":427428074.7849462,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":860879,"accession_number":"0001628908-26-000037","cik":1628908,"company_name":"Evolent Health, Inc.","ticker":"EVH","form_type":"8-K","filed_at":"2026-06-04T20:05:16+00:00","items":["5.07"],"status":"ready","headline":"Evolent Health shareholders elect 10 directors, approve incentive plan amendment at June 4 meeting","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["All 10 director nominees elected with majority support; vote tallies range from 60.0M to 65.9M 'for' votes.","Advisory say-on-pay resolution approved 58.4M for vs 7.9M against (88% of votes cast).","Amendment to 2015 Omnibus Incentive Compensation Plan passed with 47.5M for, 18.7M against (71.8% of votes cast).","Ratification of Deloitte & Touche as auditor for FY2026 passed with 82.0M for, 0.1M against."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.15,"market_cap_usd":427428074.7849462,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":94202,"accession_number":"0001628908-26-000031","cik":1628908,"company_name":"Evolent Health, Inc.","ticker":"EVH","form_type":"8-K","filed_at":"2026-05-07T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Evolent Health Reports Q1 2026 Results; Revenue Up, Net Loss Narrowed","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $496.2M vs $483.6M in Q1 2025; net loss improved to $26.6M from $72.3M.","Adjusted EBITDA $22.1M with margin 4.4%, down from $36.9M margin 7.6% prior year.","Signed new revenue agreements: advanced imaging solution for ~4.5M lives; oncology/cardiology expansion expected >$200M annual revenue.","CEO Seth Blackley highlighted successful oncology launches at Highmark and Aetna, focus on AI opportunity.","Medical expense ratio rose to 93.3% from 68% (84% excluding Evolent Care Partners)."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.24,"consensus_revenue_estimate":null,"consensus_revenue_actual":496246000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":427428074.7849462,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":106401,"accession_number":"0001628908-26-000014","cik":1628908,"company_name":"Evolent Health, Inc.","ticker":"EVH","form_type":"8-K","filed_at":"2026-02-24T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Evolent Q4 2025 revenue $468.7M, net loss $429.1M; guides 2026 revenue up ~30%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 2025 revenue $468.7M, full-year $1.876B. Net loss $429.1M Q4, $579.4M full year.","Adjusted EBITDA $37.8M (8.1% margin) Q4; $151.2M (8.1% margin) full year.","Performance Suite average members 6,482 for year; $900M new Performance Suite revenue for 2026.","2026 revenue growth guidance ~30%; first-half Adj. EBITDA pressured by reservering and membership declines.","Medical expense ratio 90.2% Q4; 80.5% full year (excl. ECP 94.8% and 89.0%)."],"consensus_eps_estimate":null,"consensus_eps_actual":-5.07,"consensus_revenue_estimate":null,"consensus_revenue_actual":1876229000.0,"consensus_period":"2025-FY","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":427428074.7849462,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":122751,"accession_number":"0001628908-25-000145","cik":1628908,"company_name":"Evolent Health, Inc.","ticker":"EVH","form_type":"8-K","filed_at":"2025-12-08T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Evolent Health closes acquisition of Privia Management Company","summary_kind":"llm","event_type":"m_and_a","confidence":"low","bullets":["Acquisition closed on December 5, 2025, per Stock Purchase Agreement dated September 23, 2025.","Evolent Health LLC, a wholly owned subsidiary of Evolent Health, Inc., acquired Privia Management Company, LLC.","No financial terms, transaction value, or operational details disclosed in this filing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":427428074.7849462,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":122750,"accession_number":"0001628908-25-000141","cik":1628908,"company_name":"Evolent Health, Inc.","ticker":"EVH","form_type":"8-K","filed_at":"2025-12-02T23:59:59+00:00","items":["5.02","7.01"],"status":"ready","headline":"Evolent Health board adds Jill Smith as director; reaffirms Q4 guidance","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Cheryl Scott retired from Board on Dec 1, 2025; no disagreement; 21,979 RSUs accelerated.","Jill Smith appointed to Board on Dec 2, 2025; term expiring at 2026 annual meeting; determined independent.","Ms. Smith brings 25+ years of leadership; ex-CEO of DigitalGlobe, Allied Minds; current director at Securitas, Check Point, MDA Space.","Reaffirmed Q4 2025 revenue guidance $462M-$472M and Adj. EBITDA $30M-$40M (unchanged from Nov 6)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":427428074.7849462,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":122749,"accession_number":"0001628908-25-000132","cik":1628908,"company_name":"Evolent Health, Inc.","ticker":"EVH","form_type":"8-K","filed_at":"2025-11-06T23:59:59+00:00","items":["2.02","5.02","9.01"],"status":"ready","headline":"Evolent Q3 Adj EBITDA $39M (8.1% margin); new CFO Ramos; 2026 revenue forecast $2.5B","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q3 revenue $479.5M, net loss $26.9M; adjusted EBITDA $39.0M vs $31.8M YoY.","Two new customer agreements bring YTD total to 13; >$750M new annualized revenue to launch in 2026.","Mario Ramos appointed CFO effective Jan 1, 2026; John Johnson becomes Chief Strategy Officer.","New CFO Ramos receives $550K base salary, $625K bonus, $100K sign-on bonus, and $2.35M RSU grant.","Katie DiPerna named COO; Emily Rafferty transitions to EVP Customer Success."],"consensus_eps_estimate":null,"consensus_eps_actual":-1.31,"consensus_revenue_estimate":null,"consensus_revenue_actual":1407510000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":427428074.7849462,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":139435,"accession_number":"0001628908-25-000124","cik":1628908,"company_name":"Evolent Health, Inc.","ticker":"EVH","form_type":"8-K","filed_at":"2025-09-23T23:59:59+00:00","items":["7.01","8.01","9.01"],"status":"ready","headline":"Evolent sells value-based primary care business Evolent Care Partners to Privia for up to $113M","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["ECP acquired by Privia Health Group (PRVA) for $100M cash at close plus up to $13M contingent on 2025 MSSP performance; expected close Q4 2025.","All net proceeds will prepay senior term debt; transaction is accretive to free cash flow by >$7M/year net of reduced ECP cash generation.","ECP serves 120,000 members with 1,000+ physicians in Medicare Shared Savings Program; ~$10M current adjusted EBITDA.","Guides Q3 2025 rev $460-480M and Adj EBITDA $34-42M; FY2025 rev $1.85-1.88B and Adj EBITDA $140-165M excluding ECP.","CEO says divestiture allows focus on core specialty business and accelerates deleveraging; interest expense reduction ~$10M."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":427428074.7849462,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":139434,"accession_number":"0001193125-25-185388","cik":1628908,"company_name":"Evolent Health, Inc.","ticker":"EVH","form_type":"8-K","filed_at":"2025-08-21T23:59:59+00:00","items":["1.01","2.03","3.02","9.01"],"status":"ready","headline":"Evolent Health issues $166.75M of 4.50% convertible notes, repurchases existing notes and stock","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issued $166.75M aggregate principal of 4.50% convertible senior notes due 2031 at 100% par.","Used net proceeds of $161.2M plus liquidity to repurchase $167.4M of 1.50% convertible notes due 2025 for $167.6M.","Concurrently repurchased $40M of Class A common stock in privately negotiated transactions.","Initial conversion price of ~$13.53 per share, representing a 50% premium over August 18 closing price."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":427428074.7849462,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":139433,"accession_number":"0001193125-25-183075","cik":1628908,"company_name":"Evolent Health, Inc.","ticker":"EVH","form_type":"8-K","filed_at":"2025-08-19T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Evolent prices upsized $145M convertible notes at 4.50%; uses proceeds to repurchase 2025 notes and common stock.","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Priced $145M (upsized from $140M) of 4.50% convertible senior notes due 2031; initial purchasers have 30-day option for additional $21.75M.","Conversion price ~$13.53/share, representing ~50% premium over $9.02 closing price on Aug 18, 2025.","Net proceeds estimated at $140.2M ($161.2M if option fully exercised), after fees and expenses.","Approximately $100.2M plus available liquidity to repurchase ~$167.4M of existing 1.50% 2025 notes; ~$40M to repurchase 4.43M common shares at $9.02/sh.","CFO states transaction avoids over $9M annual interest vs. credit facilities and extends next debt maturity to 2029."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":427428074.7849462,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":139432,"accession_number":"0001193125-25-182692","cik":1628908,"company_name":"Evolent Health, Inc.","ticker":"EVH","form_type":"8-K","filed_at":"2025-08-18T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Evolent Health Announces $140M Convertible Note Offering and Discloses DOJ Investigation","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Evolent Health intends to offer $140.0M aggregate principal amount of convertible senior notes due 2031, with an option for an additional $20.0M.","The company plans to use up to $100M of net proceeds to repurchase a portion of its 1.50% convertible senior notes due 2025 and about $40M to repurchase shares of its Class A common stock.","Evolent disclosed it received a Civil Investigative Demand from the DOJ on August 12, 2025, regarding a False Claims Act investigation involving former customer's diagnosis codes since 2016.","The notes will be convertible into cash, stock, or a combination, subject to conversion rights termination conditions after August 20, 2026.","The offering is private under Rule 144A, and the securities are not registered under the Securities Act."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":427428074.7849462,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":139431,"accession_number":"0001628908-25-000112","cik":1628908,"company_name":"Evolent Health, Inc.","ticker":"EVH","form_type":"8-K","filed_at":"2025-08-07T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Evolent Q2 revenue falls 31% to $444M, net loss deepens to $51M; raises FY profitability outlook","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $444.3M, down 31% YoY from $647.1M; net loss $51.1M vs $6.4M loss in prior year.","Adjusted EBITDA $37.5M (8.5% margin) vs $51.9M (8.0% margin); margin improved but absolute EBITDA down 28%.","Performance Suite average lives 6,490, down 6% YoY; average PMPM fee $13.76, down 38% YoY.","CEO says company exceeded EBITDA targets and raised full-year profitability outlook; expects to exceed historical growth rates in 2026.","Year-to-date new revenue agreements total 11; multiple new client additions across Performance Suite and specialty services."],"consensus_eps_estimate":null,"consensus_eps_actual":-1.07,"consensus_revenue_estimate":null,"consensus_revenue_actual":927977000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":427428074.7849462,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":157019,"accession_number":"0001628908-25-000098","cik":1628908,"company_name":"Evolent Health, Inc.","ticker":"EVH","form_type":"8-K","filed_at":"2025-06-20T23:59:59+00:00","items":["1.01","7.01","8.01","9.01"],"status":"ready","headline":"Evolent reaffirms FY2025 Adj. EBITDA guidance $135-165M; secures Ares non-dilutive financing","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Reaffirmed FY2025 Adj. EBITDA guidance $135-165M and Q2 2025 guidance $33-40M.","Oncology cost trend below expectations through May; if continues, expects Q2 Adj. EBITDA in top half of range.","Secured Commitment Letter with Ares for Incremental Facility to retire 2025 Convertible Notes; non-dilutive debt option.","Amendment No. 5 to Credit Agreement modifies liquidity test, adds default if Exchange not consummated.","Accelerating organic new revenue bookings forecast for 2026 go-lives due to high market demand."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":427428074.7849462,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":157018,"accession_number":"0001628908-25-000072","cik":1628908,"company_name":"Evolent Health, Inc.","ticker":"EVH","form_type":"8-K","filed_at":"2025-06-05T23:59:59+00:00","items":["5.02","5.07"],"status":"ready","headline":"Evolent Health reports 2025 annual meeting results; all directors elected, say-on-pay passes","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["All ten director nominees elected on June 5, 2025, including Toyin Ajayi, Seth Blackley, Kim Keck, Brendan Springstubb.","Ratification of Deloitte & Touche as auditor: 100,396,561 for, 21,620 against, 59,483 abstentions.","Say-on-pay approved with 77,588,031 for (88.4% of votes cast) vs 10,172,695 against.","Amendment to 2015 Omnibus Incentive Compensation Plan approved: 84,769,019 for, 3,033,271 against.","Board committees updated per cooperation agreement; Brendan Springstubb added to Audit and Compensation committees."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":427428074.7849462,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":157017,"accession_number":"0001628908-25-000069","cik":1628908,"company_name":"Evolent Health, Inc.","ticker":"EVH","form_type":"8-K","filed_at":"2025-06-03T23:59:59+00:00","items":["7.01"],"status":"ready","headline":"Evolent Health reaffirms FY2025 revenue guidance of $2.06B-$2.11B at William Blair conference","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Reaffirms FY2025 revenue guidance of $2.06B-$2.11B and Adjusted EBITDA of $135M-$165M.","Q2 2025 revenue guidance reaffirmed at $440M-$470M; Adj EBITDA $33M-$40M.","Guidance unchanged from the May 8, 2025 press release; no new financial targets."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":427428074.7849462,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":157016,"accession_number":"0001628908-25-000064","cik":1628908,"company_name":"Evolent Health, Inc.","ticker":"EVH","form_type":"8-K","filed_at":"2025-05-08T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Evolent Health Q1 revenue down 24% to $483.6M; net loss widens to $72.3M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $483.6M vs $639.7M YoY; net loss $72.3M vs $25.2M YoY.","Adjusted EBITDA $36.9M (7.6% margin) vs $54.1M (8.5% margin) YoY.","Five new revenue agreements added, including surgical management, oncology, and imaging expansions.","Performance Suite lives declined to 6,486 from 7,050 YoY; specialty technology lives rose to 77,079.","Company reiterates full-year 2025 revenue and Adjusted EBITDA outlook."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.63,"consensus_revenue_estimate":null,"consensus_revenue_actual":483649000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":427428074.7849462,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":157015,"accession_number":"0001628908-25-000055","cik":1628908,"company_name":"Evolent Health, Inc.","ticker":"EVH","form_type":"8-K","filed_at":"2025-04-22T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Director Holder not re-standing; former CVS Health CFO Shawn Guertin nominated to Evolent board","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Diane Holder will not stand for re-election at June 5, 2025 annual meeting; departure not due to any disagreement.","Board nominates Shawn Guertin, former EVP & CFO of CVS Health (2021-2023) and former CFO of Aetna, for election.","Guertin brings nearly 40 years of actuarial, financial and management experience in healthcare and insurance.","If elected, Guertin would be sixth new independent director added in past four years, continuing board refreshment.","Company expects to file proxy statement for the 2025 annual meeting; Guertin's nomination recommended by Nominating and Governance Committee."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":427428074.7849462,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":175379,"accession_number":"0001628908-25-000018","cik":1628908,"company_name":"Evolent Health, Inc.","ticker":"EVH","form_type":"8-K","filed_at":"2025-02-20T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Evolent Q4 2024 revenue $646.5M (+16.3% YoY); net loss $30.6M, adjusted EBITDA $22.6M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $2,554.7M full year 2024, +30.1% YoY; net loss $93.5M, net loss margin (3.7)%.","Adjusted EBITDA $160.5M full year 2024, margin 6.3%; Q4 adjusted EBITDA $22.6M, margin 3.5%.","Signed contract amendments in all three Performance Suite negotiations, expected $115M annual improvement for 2025 vs Q4 2024.","100% retention across top customers representing over 90% of 2024 revenue; new revenue agreements announced in Q4.","Average Performance Suite lives on platform 7,145 in Q4, average PMPM fee $21.32."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.81,"consensus_revenue_estimate":null,"consensus_revenue_actual":2554741000.0,"consensus_period":"2024-FY","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":427428074.7849462,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":175378,"accession_number":"0001628908-25-000010","cik":1628908,"company_name":"Evolent Health, Inc.","ticker":"EVH","form_type":"8-K","filed_at":"2025-02-04T23:59:59+00:00","items":["1.01","5.02","8.01","9.01"],"status":"ready","headline":"Evolent Health enters cooperation with Engaged Capital, appoints Springstubb to board","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Appointed Brendan Springstubb (Engaged Capital affiliate) to Board; 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Morgan Healthcare Conference.","Live webcast accessible via investor relations section of Evolent's website.","Exhibit 99.1 furnished as investor presentation; content not fully provided in this filing.","No specific financial guidance, earnings updates, or material business changes disclosed."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":427428074.7849462,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":192319,"accession_number":"0001628908-24-000117","cik":1628908,"company_name":"Evolent Health, Inc.","ticker":"EVH","form_type":"8-K","filed_at":"2024-12-11T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Evolent Health amends credit agreement adding $250M in new debt facilities","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Increased existing ABL revolver by $50M (with $25M funded); new delayed draw term loans of $125M and $75M.","Interest rates: ABL at SOFR + 4.00% or base + 3.00%; term loans at SOFR + 5.50% or base + 4.50%.","Maturity is earliest of 5 years from Dec 6, 2024, or 180 days before 2029 convertible notes maturity.","Borrowing under term loans requires total secured leverage ratio ≤ 2.00:1.00.","Upfront fees: 1% on ABL commitment; 2% (reducible to 1%) on term loan amounts funded."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":427428074.7849462,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":192318,"accession_number":"0001628908-24-000112","cik":1628908,"company_name":"Evolent Health, Inc.","ticker":"EVH","form_type":"8-K","filed_at":"2024-11-07T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Evolent Q3 revenue rises 21.6% to $621M, net loss $31.2M; EBITDA miss due to $42M medical cost spike","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $621.4M, up 21.6% YoY; net loss $(31.2)M vs $(33.2)M prior year.","Adjusted EBITDA $31.8M (5.1% margin), down from $48.7M (9.5%) YoY.","Medical costs exceeded expectations by $42M: $24M prior-period claims, $18M oncology spike.","Company revises 2024 Adjusted EBITDA guidance; reiterates long-term growth targets.","Record six new contracts signed, including oncology Performance Suite with top-5 payer (200k members)."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.55,"consensus_revenue_estimate":null,"consensus_revenue_actual":1908199000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":427428074.7849462,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":208797,"accession_number":"0001628908-24-000089","cik":1628908,"company_name":"Evolent Health, Inc.","ticker":"EVH","form_type":"8-K","filed_at":"2024-08-08T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Evolent Q2 revenue $647M (+38% YoY); net loss narrows to $6.4M; Adj. 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filing relates to registration for secondary resale by selling stockholders.","Legal opinions from King & Spalding LLP filed as exhibits 5.1 and 5.2."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":427428074.7849462,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":263024,"accession_number":"0001628908-23-000169","cik":1628908,"company_name":"Evolent Health, Inc.","ticker":"EVH","form_type":"8-K","filed_at":"2023-11-03T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Evolent files audited 2022 financials of acquired Magellan Specialty Health","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Magellan Specialty Health reported 2022 net revenue of $255.3M and net income of $42.3M.","Total assets as of Dec 31, 2022 were $161.8M, including $113.2M of goodwill.","Acquisition closed Jan 20, 2023; pro forma combined info for year-end 2022 and 9M 2023 also furnished."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":427428074.7849462,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":263023,"accession_number":"0001628908-23-000162","cik":1628908,"company_name":"Evolent Health, Inc.","ticker":"EVH","form_type":"8-K","filed_at":"2023-11-02T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Evolent Q3 revenue $511M (+45% YoY), adjusted EBITDA $48.7M, raises 2023 guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $511.0M, up 44.9% YoY; net loss $33.2M (6.5% margin); adjusted EBITDA $48.7M (9.5% margin).","Specialty care revenue grew 80% vs prior year; NIA acquisition contributed ~24% of growth.","Added three new operating partnerships in Q3; total YTD nine vs annual target of six to eight.","Raised mid-point of 2023 revenue and Adjusted EBITDA outlook; confident in $300M run rate by end of 2024.","Total Lives on Platform 78.1M (up from 19.5M YoY); unique members 41.7M (up from 16.6M)."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.91,"consensus_revenue_estimate":null,"consensus_revenue_actual":511015000.0,"consensus_period":"2023-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":427428074.7849462,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":263022,"accession_number":"0001628908-23-000149","cik":1628908,"company_name":"Evolent Health, Inc.","ticker":"EVH","form_type":"8-K/A","filed_at":"2023-10-16T23:59:59+00:00","items":["9.01"],"status":"ready","headline":"Evolent restates Magellan Specialty Health financials for revenue recognition error","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Restatement corrects ASC 606 accounting: net accounting applied to risk-based contracts instead of gross (previously overstated revenue).","Managed care and other revenue adjusted: down $339M for nine months ended Sep 2021 (to $162.7M) and $106M for Sep 2022 (to $194.4M); net income unchanged.","Balance sheet: accounts receivable reduced by $79.7M (Dec 2021) and $33.6M (Sep 2022); medical claims payable and other medical liabilities eliminated.","Depreciation and amortization reclassified: $1.1M (2021) and $1.5M (2022) moved from D&A to direct service costs.","Restatement has no impact on income before income taxes or net income for any period."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":427428074.7849462,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":280218,"accession_number":"0001628908-23-000141","cik":1628908,"company_name":"Evolent Health, Inc.","ticker":"EVH","form_type":"8-K/A","filed_at":"2023-09-26T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Evolent restates NIA financials; KPMG withdraws report on revenue recognition error","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["KPMG withdrew its audit opinion on NIA's 2020/2021 financials due to error in applying ASC 606 (gross vs net revenue recognition).","Restated NIA financials now recognize risk-based contract revenue net; net income unchanged for all periods.","Evolent's own financial statements, 2023 guidance, and NIA valuation unaffected by the error.","Restated audited combined financials for Magellan Specialty Health for 2020 and 2021 filed as Exhibit 99.1."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":427428074.7849462,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":280217,"accession_number":"0001628908-23-000130","cik":1628908,"company_name":"Evolent Health, Inc.","ticker":"EVH","form_type":"8-K/A","filed_at":"2023-08-04T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Evolent Health amends conversion rate and redeems $24.3M convertible notes","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Corrected conversion rate to 55.5198 shares per $1,000 principal (from 54.8667).","Redemption of 3.50% Convertible Senior Notes due 2024 on Oct 13, 2023 at 100% par plus interest.","Outstanding principal $24.3 million as of Aug 2, 2023; 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EBITDA guidance; reaffirms $300M run-rate target exiting 2024.","Redeeming $24.3M of 3.50% convertible notes due 2024 on Oct 13 for cash (100% principal + interest)."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.62,"consensus_revenue_estimate":null,"consensus_revenue_actual":469136000.0,"consensus_period":"2023-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":427428074.7849462,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":280219,"accession_number":"0001628908-23-000115","cik":1628908,"company_name":"Evolent Health, Inc.","ticker":"EVH","form_type":"8-K","filed_at":"2023-07-26T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Evolent appoints Cityblock CEO Toyin Ajayi to board of directors","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Dr. Toyin Ajayi appointed to Evolent board effective July 26, 2023, term expires at 2024 annual meeting.","Ajayi is co-founder and CEO of Cityblock, a healthcare company serving Medicaid and dual-eligible populations.","She brings clinical expertise as a physician and experience in value-based care for complex needs patients.","Board determined she is independent under NYSE and SEC rules; standard indemnification agreement entered.","She becomes the ninth independent board member; joins at a time of company evolution, according to CEO."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":427428074.7849462,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":298756,"accession_number":"0001628908-23-000076","cik":1628908,"company_name":"Evolent Health, Inc.","ticker":"EVH","form_type":"8-K","filed_at":"2023-06-08T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Evolent Health shareholders approve all proposals at 2023 annual meeting","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["All nine director nominees elected with large majorities; no opponent received >8% against.","Deloitte & Touche ratified as auditor for FY 2023: 105,998,310 for, 17,515 against.","Advisory say-on-pay for 2022 NEO compensation approved: 98,899,814 for, 1,875,305 against.","Amendment to 2015 Omnibus Incentive Compensation Plan approved: 96,632,166 for, 4,123,883 against.","Meeting held June 8, 2023; broker non-votes of 5,271,272 on all director and compensation proposals."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":427428074.7849462,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":298755,"accession_number":"0001628908-23-000069","cik":1628908,"company_name":"Evolent Health, Inc.","ticker":"EVH","form_type":"8-K","filed_at":"2023-05-23T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Evolent Health targets $1.95B revenue, $190M adj. EBITDA for 2023 at Investor Day","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["2023 revenue outlook midpoint $1.95B; adjusted EBITDA midpoint $190M.","Revenue CAGR of 39% from Q4 2019 to Q1 2023; Q1 2023 revenue $427.7M.","Cross-sell opportunity of $50B out of $150B specialty TAM; revenue renewal rate ~110% in 2022.","Performance Suite mature flow-through margins estimated at 12-18%; capital-light model emphasized.","TTM adjusted EBITDA $132.6M; TTM revenue (ex-divested) $1.35B."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":427428074.7849462,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":298754,"accession_number":"0001628908-23-000061","cik":1628908,"company_name":"Evolent Health, Inc.","ticker":"EVH","form_type":"8-K","filed_at":"2023-05-03T23:59:59+00:00","items":["2.02","5.02","9.01"],"status":"ready","headline":"Evolent Health Q1 rev. $427.7M (+44%), adj. EBITDA $50.5M; names new COO","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $427.7M (+44% YoY); net loss $26.3M; Adj. 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record date April 14","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Annual meeting scheduled for June 8, 2023, to be held virtually.","Record date for stockholder voting set as April 14, 2023.","Meeting date and record date established by Board on February 14, 2023."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":427428074.7849462,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":318944,"accession_number":"0001193125-23-012645","cik":1628908,"company_name":"Evolent Health, Inc.","ticker":"EVH","form_type":"8-K","filed_at":"2023-01-23T23:59:59+00:00","items":["1.01","2.01","2.03","3.02","3.03","5.03","9.01"],"status":"ready","headline":"Evolent closes $387M cash + stock acquisition of Magellan Specialty Health, funded via $265M debt + $168M preferred","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Acquired Magellan Specialty Health for ~$386.7M cash and 8.47M shares of Class A common stock.","Entered $240M term loan and $25M ABL incremental facility; 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