---
schema_version: "secwatch.filing_event.v1"
accession: "0001628908-23-000162"
form_type: "8-K"
ticker: "EVH"
cik: "0001628908"
company_name: "Evolent Health, Inc."
filed_at: "2023-11-02T23:59:59+00:00"
generated_at: "2026-06-09T00:29:18.258466+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Evolent Q3 revenue $511M (+45% YoY), adjusted EBITDA $48.7M, raises 2023 guidance

## Summary
- 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).

## SEC filing metadata
- accession: 0001628908-23-000162
- form_type: 8-K
- ticker: EVH
- cik: 0001628908
- company_name: Evolent Health, Inc.
- filed_at: 2023-11-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1628908/000162890823000162/0001628908-23-000162-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1628908/000162890823000162/evh-20231102.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628908-23-000162
- JSON: https://secwatch.observer/filing/0001628908-23-000162.json
- Plain text: https://secwatch.observer/filing/0001628908-23-000162.txt

## Key facts
- Earnings Releases
  Evolent Health, Inc. updated its the quarter ended September 30, 2023 guidance (raised).
  - Period: the quarter ended September 30, 2023
  - Guidance: raised
  - Result: reported results
  source text: On November 2, 2023, Evolent Health, Inc. (the " Company ") issued a press release announcing its financial results for the quarter ended September 30, 2023, a copy of which is furnished herewith as Exhibit 99.1.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1628908/000162890823000162/0001628908-23-000162-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.