The earnings call contained a mix of positive developments such as strong EBITDA performance, new partnerships, and a robust pipeline, but also highlighted challenges including revised revenue guidance, high oncology trends, and cash flow issues. The sentiment is balanced between optimism for future growth and caution due to current challenges.

Company Guidance -

Q3 2025

During the call, Evolent Health provided guidance for their financial outlook, discussing an adjusted EBITDA range of $140 million to $165 million for the full year 2025, with a Q3 expectation between $34 million and $42 million. The company updated its revenue forecast to between $1.85 billion and $1.88 billion for 2025. They highlighted a strong pipeline, with over $250 million in new revenue expected to be fully realized by Q1 2026, driven by 11 new agreements thus far in the year, including a significant partnership with Aetna covering 250,000 Medicare Advantage members in Florida. Evolent also emphasized their commitment to organic growth, margin expansion, and a focus on AI and automation to improve efficiency, targeting an 80% auto-approval rate for current authorization volumes within 24 months. They expect to exit 2025 with a net $20 million annualized run rate EBITDA improvement from AI and operational efficiency initiatives.

Exceeded Adjusted EBITDA Expectations

Evolent reported adjusted EBITDA of $37.5 million, which was in the top half of their range, driven by strong results across both Technology and Services and Performance Suite models.

New Revenue Agreements

Four new revenue agreements across Technology and Services and the Performance Suite were announced, bringing the total to 11 new agreements year-to-date, with expected total new revenue in excess of $250 million by Q1 2026.

Aetna Partnership

Announced a partnership with Aetna for oncology services across 250,000 Medicare Advantage members in Florida, with plans to launch in Q1 2026 and potential for expansion to additional states.

AI and Automation Initiatives

Progress in AI and automation work has improved review efficiency by 11% in the last quarter. The goal is to become an AI-first company, targeting 80% of current authorization volume to be auto-approved.

Strong Pipeline

A weighted pipeline of $1 billion in new business was reported, indicating strong future revenue potential.

Evolent Health (EVH) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

EVH Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 29, 2025	2025 (Q3)	0.11 / -	0.04	―	―	―
Aug 07, 2025	2025 (Q2)	0.07 / -0.10	0.3	-133.33% (-0.40)
May 08, 2025	2025 (Q1)	0.09 / 0.06	0.34	-82.35% (-0.28)
Feb 20, 2025	2024 (Q4)	0.03 / -0.02	0.23	-108.70% (-0.25)
Nov 07, 2024	2024 (Q3)	0.31 / 0.04	0.3	-86.67% (-0.26)
Aug 08, 2024	2024 (Q2)	0.24 / 0.30	0.14	114.29% (+0.16)
May 09, 2024	2024 (Q1)	0.24 / 0.34	0.21	61.90% (+0.13)
Feb 22, 2024	2023 (Q4)	0.17 / 0.23	0.1	130.00% (+0.13)
Nov 02, 2023	2023 (Q3)	0.10 / 0.30	0.59	-49.15% (-0.29)
Aug 02, 2023	2023 (Q2)	0.15 / 0.14	0.1	40.00% (+0.04)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

EVH Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 07, 2025	$9.69	$9.00	-7.12%
May 08, 2025	$10.78	$9.05	-16.05%
Feb 20, 2025	$10.71	$10.43	-2.61%
Nov 07, 2024	$24.57	$13.36	-45.62%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Evolent Health (EVH) report earnings?

Evolent Health (EVH) is schdueled to report earning on Oct 29, 2025, After Close (Confirmed).

What is Evolent Health (EVH) earnings time?

Evolent Health (EVH) earnings time is at Oct 29, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is EVH EPS forecast?

EVH EPS forecast for the fiscal quarter 2025 (Q3) is 0.11.

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