earnings
confidence high
sentiment neutral
materiality 0.75
Evolent Q2 revenue $652.5M (+47% YoY); net loss narrows; new oncology partnership to add $300M annual revenue
Evolent Health, Inc.
- 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.