Elevance Health Inc. (ELV) - Quarterly Income Statement

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ELV
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349.87 (USD) • At close July 3, 2025

Overview | Financials

Numbers are in millions (except for per share data and ratios) USD.

	2025 Q1	2024 Q4	2024 Q3	2024 Q2	2024 Q1	2023 Q4	2023 Q3	2023 Q2	2023 Q1	2022 Q4	2022 Q3	2022 Q2	2022 Q1	2021 Q4	2021 Q3	2021 Q2	2021 Q1	2020 Q4	2020 Q3	2020 Q2	2020 Q1	2019 Q4	2019 Q3	2019 Q2	2019 Q1	2018 Q4	2018 Q3	2018 Q2	2018 Q1	2017 Q4	2017 Q3	2017 Q2	2017 Q1	2016 Q4	2016 Q3	2016 Q2	2016 Q1	2015 Q4	2015 Q3	2015 Q2	2015 Q1	2014 Q4	2014 Q3	2014 Q2	2014 Q1	2013 Q4	2013 Q3	2013 Q2	2013 Q1	2012 Q4	2012 Q3	2012 Q2	2012 Q1	2011 Q4	2011 Q3	2011 Q2	2011 Q1	2010 Q4	2010 Q3	2010 Q2	2010 Q1	2009 Q4	2009 Q3	2009 Q2	2009 Q1	2008 Q4	2008 Q3	2008 Q2	2008 Q1	2007 Q4	2007 Q3	2007 Q2	2007 Q1	2006 Q4	2006 Q3	2006 Q2	2006 Q1	2005 Q4	2005 Q3	2005 Q2	2005 Q1	2004 Q4	2004 Q3	2004 Q2	2004 Q1	2003 Q4	2003 Q3	2003 Q2	2003 Q1	2002 Q4	2002 Q3	2002 Q2	2002 Q1	2001 Q4	2001 Q3
Revenue Numbers are in millions	48,891	45,442	45,145	43,646	42,577	42,647	42,849	43,672	42,172	39,929	39,939	38,632	38,095	36,581	35,822	33,851	32,385	31,824	31,158	29,264	29,621	27,407	26,674	25,466	24,666	23,373	23,251	22,943.7	22,537.5	22,680.3	22,426	22,407.2	22,525.9	21,726.2	21,414.9	21,456.2	20,288.5	20,187.9	19,901.6	20,015.5	19,051.5	18,984.3	18,557	18,473.4	17,859.4	17,570.9	17,969.8	17,795.6	17,687.2	15,536.1	15,353.1	15,407.3	15,415.2	15,317.7	15,398	15,100.7	14,894.3	14,647.9	14,598.2	14,457.2	15,098.5	19,046.5	15,425.1	15,413.2	15,143.3	15,069.6	14,961	15,666.8	15,553.7	15,561.4	15,233.9	15,259.8	15,079.2	14,555.5	14,425.9	14,151.9	13,819.7	11,432.3	11,304.6	11,299.2	11,099.9	6,833.5	4,803	4,604.5	4,574.1	4,294.9	4,261.8	4,114.4	4,100.3	3,990.4	3,579.4	2,900.1	2,812.4	2,662.2	2,663.7
Cost of Revenue Numbers are in millions	4,983	0	32,949	30,572	30,546	31,334	30,606	31,604	30,786	30,091	29,404	28,777	28,215	27,538	26,645	24,763	23,699	24,088	22,921	19,547	21,489	21,383	20,753	20,368	19,282	18,936	18,185	17,727.8	17,045.9	18,672.6	18,103.6	17,917.2	17,542.8	17,567.9	16,922.5	17,038.8	15,776.3	7,278.8	15,691.6	15,416.7	14,337.2	6,348.8	14,501.5	14,323.9	13,867.8	7,158.2	14,507	14,114.6	14,035.1	6,316.4	12,248.8	12,276.9	11,939.7	6,403.9	12,233.2	12,082.2	11,390.7	5,056.4	11,371.4	11,146.1	11,562.6	5,047.7	11,911	12,017.2	11,884.6	5,541.3	12,191.4	12,262.2	12,425.9	5,537.1	11,672.6	11,682.2	11,701.2	4,454	10,972.6	10,756.5	10,474.4	3,118.2	8,433.4	8,569.7	8,441.9	3,042.4	4,084.1	3,905	3,851.1	2,786.4	3,654.2	83.3	81.7	2,758.8	78.4	2,524.7	5,308.7	5,030.3	4,960.4
Gross Profit Numbers are in millions	43,908	45,442	12,196	13,074	12,031	11,313	12,243	12,068	11,386	9,838	10,535	9,855	9,880	9,043	9,177	9,088	8,686	7,736	8,237	9,717	8,132	6,024	5,921	5,098	5,384	4,437	5,066	5,215.9	5,491.6	4,007.7	4,322.4	4,490	4,983.1	4,158.3	4,492.4	4,417.4	4,512.2	12,909.1	4,210	4,598.8	4,714.3	12,635.5	4,055.5	4,149.5	3,991.6	10,412.7	3,462.8	3,681	3,652.1	9,219.7	3,104.3	3,130.4	3,475.5	8,913.8	3,164.8	3,018.5	3,503.6	9,591.5	3,226.8	3,311.1	3,535.9	13,998.8	3,514.1	3,396	3,258.7	9,528.3	2,769.6	3,404.6	3,127.8	10,024.3	3,561.3	3,577.6	3,378	10,101.5	3,453.3	3,395.4	3,345.3	8,314.1	2,871.2	2,729.5	2,658	3,791.1	718.9	699.5	723	1,508.5	607.6	4,031.1	4,018.6	1,231.6	3,501	375.4	-2,496.3	-2,368.1	-2,296.7
Gross Profit Ratio Numbers are in millions	0.898	1	0.27	0.3	0.283	0.265	0.286	0.276	0.27	0.246	0.264	0.255	0.259	0.247	0.256	0.268	0.268	0.243	0.264	0.332	0.275	0.22	0.222	0.2	0.218	0.19	0.218	0.227	0.244	0.177	0.193	0.2	0.221	0.191	0.21	0.206	0.222	0.639	0.212	0.23	0.247	0.666	0.219	0.225	0.224	0.593	0.193	0.207	0.206	0.593	0.202	0.203	0.225	0.582	0.206	0.2	0.235	0.655	0.221	0.229	0.234	0.735	0.228	0.22	0.215	0.632	0.185	0.217	0.201	0.644	0.234	0.234	0.224	0.694	0.239	0.24	0.242	0.727	0.254	0.242	0.239	0.555	0.15	0.152	0.158	0.351	0.143	0.98	0.98	0.309	0.978	0.129	-0.888	-0.89	-0.862
Reseach & Development Expenses Numbers are in millions	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
General & Administrative Expenses Numbers are in millions	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	2,617.6	2,850.3	2,918.4	2,721.3	2,677	2,777	2,676.5	2,594	2,497.1	2,490.7	2,150.4	2,202.7	2,093.8	1,979.1	2,001.8	1,688.4	1,688.8	1,772.4	1,817.2	1,716.6	1,605.5	1,679.5	1,963.2	1,689.3	1,778.4	1,798.2	2,141.9	1,976.3	1,922.3	1,933.1	1,892.3	1,772	1,773.5	1,804.3	1,686.3	1,759.1	1,830.7	1,708.6	1,830.1	1,783	1,778.9	1,771.2	1,486.4	1,477.2	1,465.3	1,369.6	563	800.9	798.5	778.1	835.8	783.5	773.9	716.4	772.9	683.7	544.4	505.6	0	0
Selling & Marketing Expenses Numbers are in millions	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	351.5	349.9	350	359.1	363.8	368.2	356.3	374.3	388.7	370.8	387	377.3	376.7	385.9	410.4	390.2	393	393.3	411.2	403	405.6	397	404.1	400.7	403.1	402.4	411.7	420.6	421.2	432	440.8	448.2	445.1	444.3	433.4	430.8	429.6	423	424.2	415.7	413.2	401.4	376.5	370.6	367.6	359.5	537.2	116.9	112.1	111	0	0	0	0	0	0	0	0	0	0
SG&A Numbers are in millions	-40,794	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	2,969.1	3,200.2	3,268.4	3,080.4	3,040.8	3,145.2	3,032.8	2,968.3	2,885.8	2,861.5	2,537.4	2,580	2,470.5	2,365	2,412.2	2,078.6	2,081.8	2,165.7	2,228.4	2,119.6	2,011.1	2,076.5	2,367.3	2,090	2,181.5	2,200.6	2,553.6	2,396.9	2,343.5	2,365.1	2,333.1	2,220.2	2,218.6	2,248.6	2,119.7	2,189.9	2,260.3	2,131.6	2,254.3	2,198.7	2,192.1	2,172.6	1,862.9	1,847.8	1,832.9	1,729.1	1,100.2	800.9	798.5	778.1	835.8	783.5	773.9	716.4	772.9	683.7	544.4	505.6	520.2	474.3
Other Expenses Numbers are in millions	46,094	44,836	10,484	10,048	8,827	10,053	10,330	9,366	8,516	8,416	8,176	7,504	7,353	7,449	6,980	6,525	6,318	6,932	7,620	6,364	5,848	4,733	4,247	3,461	3,253	3,711	3,637	3,521.6	3,508	3,437.5	3,053	3,094.4	3,233.1	3,310.6	3,146	0	0	9,266.4	0	0	0	8,715.6	0	0	0	7,415.5	0	0	0	6,326.1	0	0	0	6,207.2	0	0	0	6,445.3	0	0	0	7,105.5	0	0	0	6,687.4	0	0	0	6,581.8	0	0	0	6,563.4	0	0	0	5,409.8	0	0	0	2,377.5	0	0	0	2,273.8	0	3,462.6	3,424	190.7	3,013.9	0	0	0	0
Operating Expenses Numbers are in millions	5,300	44,836	10,484	10,048	8,827	10,053	10,330	9,366	8,516	8,416	8,176	7,504	7,353	7,449	6,980	6,525	6,318	6,932	7,620	6,364	5,848	4,733	4,247	3,461	3,253	3,711	3,637	3,521.6	3,508	3,437.5	3,053	3,094.4	3,233.1	3,310.6	3,146	2,969.1	3,200.2	12,534.8	3,080.4	3,040.8	3,145.2	11,748.4	2,968.3	2,885.8	2,861.5	9,952.9	2,580	2,470.5	2,365	8,738.3	2,078.6	2,081.8	2,165.7	8,435.6	2,119.6	2,011.1	2,076.5	8,839.4	2,090	2,181.5	2,200.6	9,659.1	2,396.9	2,343.5	2,365.1	9,020.5	2,220.2	2,218.6	2,248.6	8,701.5	2,189.9	2,260.3	2,131.6	8,817.7	2,198.7	2,192.1	2,172.6	7,272.7	1,847.8	1,832.9	1,729.1	3,477.7	344.8	336.3	330.4	1,180.7	297.4	3,752.5	3,716.1	962.2	3,271.6	216.1	-2,645.8	-2,505.9	-2,473.8
Operating Income Numbers are in millions	3,141	0	1,712	3,026	3,204	1,260	1,913	2,702	2,870	1,422	2,359	2,351	2,527	1,594	2,197	2,563	2,368	804	617	3,353	2,284	1,291	1,674	1,637	2,131	726	1,429	1,694.3	1,983.6	570.2	1,269.4	1,395.6	1,750	847.7	1,346.4	1,448.3	1,312	374.3	1,129.6	1,558	1,569.1	887.1	1,087.2	1,263.7	1,130.1	459.8	882.8	1,210.5	1,287.1	481.4	1,025.7	1,048.6	1,309.8	478.2	1,045.2	1,007.4	1,427.1	752.1	1,136.8	1,129.6	1,335.3	4,339.7	1,117.2	1,052.5	893.6	507.8	549.4	1,186	879.2	1,322.8	1,371.4	1,317.3	1,246.4	1,283.8	1,254.6	1,203.3	1,172.7	1,041.4	1,023.4	896.6	928.9	313.4	374.1	363.2	392.6	327.8	310.2	278.6	302.5	269.4	229.4	159.3	149.5	137.8	177.1
Operating Income Ratio Numbers are in millions	0.064	0	0.038	0.069	0.075	0.03	0.045	0.062	0.068	0.036	0.059	0.061	0.066	0.044	0.061	0.076	0.073	0.025	0.02	0.115	0.077	0.047	0.063	0.064	0.086	0.031	0.061	0.074	0.088	0.025	0.057	0.062	0.078	0.039	0.063	0.068	0.065	0.019	0.057	0.078	0.082	0.047	0.059	0.068	0.063	0.026	0.049	0.068	0.073	0.031	0.067	0.068	0.085	0.031	0.068	0.067	0.096	0.051	0.078	0.078	0.088	0.228	0.072	0.068	0.059	0.034	0.037	0.076	0.057	0.085	0.09	0.086	0.083	0.088	0.087	0.085	0.085	0.091	0.091	0.079	0.084	0.046	0.078	0.079	0.086	0.076	0.073	0.068	0.074	0.068	0.064	0.055	0.053	0.052	0.066
Total Other Income Expenses Net Numbers are in millions	-344	-541	-339	-40	-265	-259	-259	-261	-251	-268	-213	-208	-201	-194	-201	-210	-192	-193	-228	-204	-195	-193	-185	-184	-186	-183	-187	-190.8	-203.3	-446	-150.5	-189.9	-235	-189.1	-209.9	1,448.3	1,312	-2,185.7	474.8	698.9	703.9	-1,673	456.3	532.6	438.7	-2,174.5	879.7	1,208.1	1,282.5	-52,354.6	1,025.7	1,048.6	1,309.8	478.2	1,045.2	1,007.4	1,427.1	0	1,136.8	1,129.6	1,335.3	0	1,117.2	1,052.5	893.6	0	549.4	1,186	879.2	0	1,371.4	1,317.3	1,246.4	0	1,254.6	1,203.3	1,172.7	0	1,023.4	896.6	928.9	313.4	372.4	362.6	390.9	0	196.9	0	0	269.4	0	159.3	0	137.8	177.1
Income Before Tax Numbers are in millions	2,797	606	1,373	2,986	2,939	1,001	1,654	2,441	2,619	1,154	2,146	2,143	2,326	1,400	1,996	2,353	2,176	611	389	3,149	2,089	1,098	1,489	1,453	1,945	543	1,242	1,503.5	1,780.3	124.2	1,118.9	1,205.7	1,515	658.6	1,136.5	1,448.3	1,312	374.3	1,129.6	1,558	1,569.1	887.1	1,087.2	1,263.7	1,130.1	459.8	882.8	1,210.5	1,287.1	481.4	1,025.7	1,048.6	1,309.8	478.2	1,045.2	1,007.4	1,427.1	752.1	1,136.8	1,129.6	1,335.3	4,339.7	1,117.2	1,052.5	893.6	507.8	549.4	1,186	879.2	1,322.8	1,371.4	1,317.3	1,246.4	1,283.8	1,254.6	1,203.3	1,172.7	1,041.4	1,023.4	896.6	928.9	313.4	374.1	363.2	392.6	327.8	310.2	278.6	302.5	269.4	229.4	159.3	149.5	137.8	177.1
Income Before Tax Ratio Numbers are in millions	0.057	0.013	0.03	0.068	0.069	0.023	0.039	0.056	0.062	0.029	0.054	0.055	0.061	0.038	0.056	0.07	0.067	0.019	0.012	0.108	0.071	0.04	0.056	0.057	0.079	0.023	0.053	0.066	0.079	0.005	0.05	0.054	0.067	0.03	0.053	0.068	0.065	0.019	0.057	0.078	0.082	0.047	0.059	0.068	0.063	0.026	0.049	0.068	0.073	0.031	0.067	0.068	0.085	0.031	0.068	0.067	0.096	0.051	0.078	0.078	0.088	0.228	0.072	0.068	0.059	0.034	0.037	0.076	0.057	0.085	0.09	0.086	0.083	0.088	0.087	0.085	0.085	0.091	0.091	0.079	0.084	0.046	0.078	0.079	0.086	0.076	0.073	0.068	0.074	0.068	0.064	0.055	0.053	0.052	0.066
Income Tax Expense Numbers are in millions	613	193	365	685	690	170	354	585	615	193	533	493	531	275	494	552	509	60	167	873	566	164	306	314	394	118	282	450.1	467.8	-1,106.5	372	350.4	505.1	290.2	518.7	667.7	609	193.4	474.8	698.9	703.9	380.4	456.3	532.6	438.7	167	226.6	410.4	401.9	17.2	334.5	405	453.3	142.9	362	305.8	500.5	203.3	397.7	407.2	458.5	1,597.9	387	359	313.2	176.4	-271.3	435.5	291.1	463.7	503.4	482.1	463.3	482.7	443.8	452.1	440.9	389.4	382.7	337.2	317.2	131.5	131	124.8	95.9	118.3	112.1	99.9	109.8	96.3	56.9	52.8	49.2	50.2	64.6
Net Income Numbers are in millions	2,183	418	1,016	2,300	2,246	856	1,289	1,853	1,989	949	1,618	1,653	1,805	1,137	1,509	1,793	1,665	551	222	2,276	1,523	934	1,183	1,139	1,551	425	960	1,053.4	1,312.5	1,230.7	746.9	855.3	1,009.9	368.4	617.8	780.6	703	180.9	654.8	859.1	865.2	506.7	630.9	731.1	701	148.2	656.2	800.1	885.2	464.2	691.2	643.6	856.5	335.3	683.2	701.6	926.6	548.8	739.1	722.4	876.8	2,741.8	730.2	693.5	580.4	331.4	820.7	750.5	588.1	859.1	868	835.2	783.1	801.1	810.8	751.2	731.8	652	640.7	559.4	611.7	184.5	242.1	237.9	295.6	208.8	196.5	177.3	191.7	171.9	171.2	106.2	99.8	87.7	111.5
Net Income Ratio Numbers are in millions	0.045	0.009	0.023	0.053	0.053	0.02	0.03	0.042	0.047	0.024	0.041	0.043	0.047	0.031	0.042	0.053	0.051	0.017	0.007	0.078	0.051	0.034	0.044	0.045	0.063	0.018	0.041	0.046	0.058	0.054	0.033	0.038	0.045	0.017	0.029	0.036	0.035	0.009	0.033	0.043	0.045	0.027	0.034	0.04	0.039	0.008	0.037	0.045	0.05	0.03	0.045	0.042	0.056	0.022	0.044	0.046	0.062	0.037	0.051	0.05	0.058	0.144	0.047	0.045	0.038	0.022	0.055	0.048	0.038	0.055	0.057	0.055	0.052	0.055	0.056	0.053	0.053	0.057	0.057	0.05	0.055	0.027	0.05	0.052	0.065	0.049	0.046	0.043	0.047	0.043	0.048	0.037	0.035	0.033	0.042
EPS Numbers are in millions	9.64	1.84	4.36	9.905	9.652	3.673	5.478	7.832	8.375	3.988	6.753	6.868	7.477	4.703	6.2	7.333	6.796	2.23	0.885	9.025	6.034	3.69	4.636	4.437	6.033	1.651	3.699	4.072	5.131	4.8	2.867	3.232	3.82	1.397	2.347	2.97	2.67	0.69	2.51	3.27	3.25	1.9	2.33	2.66	2.49	0.53	2.22	2.67	2.92	1.53	2.2	1.96	2.58	1.01	1.92	1.92	2.51	1.49	1.87	1.79	1.99	6.22	1.55	1.45	1.17	0.67	1.6	1.44	1.08	1.58	1.47	1.37	1.28	1.31	1.31	1.2	1.12	1	1.05	0.92	1.01	0.3	0.87	0.86	0.54	0.76	0.71	0.64	0.69	0.62	0.67	0.52	0.49	0.43	0.54
EPS Diluted Numbers are in millions	9.61	1.81	4.36	9.854	9.59	3.63	5.45	7.792	8.298	3.935	6.68	6.791	7.385	4.631	6.134	7.247	6.708	2.194	0.873	8.912	5.94	3.62	4.55	4.364	5.913	1.609	3.617	3.983	4.994	4.674	2.797	3.158	3.735	1.371	2.304	2.91	2.63	0.68	2.43	3.13	3.09	1.81	2.22	2.56	2.4	0.51	2.16	2.64	2.89	1.52	2.15	1.94	2.53	0.99	1.9	1.89	2.44	1.45	1.84	1.71	1.96	6.14	1.53	1.43	1.16	0.67	1.6	1.44	1.07	1.56	1.45	1.35	1.26	1.29	1.29	1.17	1.09	0.97	1.02	0.9	0.98	0.3	0.85	0.83	0.52	0.73	0.69	0.63	0.68	0.61	0.65	0.51	0.48	0.42	0.54
EBITDA Numbers are in millions	3,141	1,344	2,002	3,601	3,535	1,684	2,339	3,135	3,332	1,856	2,810	2,744	2,885	1,960	2,548	2,867	2,650	1,092	895	3,636	2,553	1,408	1,796	1,759	2,253	857	1,552.4	1,819.4	2,074	360.9	1,338.5	1,463.4	1,819.1	908.8	1,382.8	1,859.8	1,724.4	431.8	654.8	2,049.5	865.2	1,095.2	1,300.7	731.1	691.4	697.5	1,262.3	1,438.5	1,499.1	674.5	1,223.2	1,348.2	1,597.6	133.4	1,305.3	1,265.8	1,683.7	786.9	1,267.9	1,377	1,462.3	4,364.7	1,254.2	1,195.7	1,035.8	545	694.6	1,209.7	1,142.9	1,006	1,637.6	1,448.7	1,493.4	933.6	1,511.8	1,457.4	1,301.6	622.1	1,236.3	1,131.9	1,126.2	179.9	379.1	457.5	482	421.8	355	323.2	262.9	325.4	193.5	180.9	46.1	145.5	185.2
EBITDA Ratio Numbers are in millions	0.064	0.03	0.044	0.083	0.083	0.039	0.055	0.072	0.079	0.046	0.07	0.071	0.076	0.054	0.071	0.085	0.082	0.034	0.029	0.124	0.086	0.051	0.067	0.069	0.091	0.037	0.067	0.079	0.092	0.016	0.06	0.065	0.081	0.042	0.065	0.087	0.085	0.021	0.033	0.102	0.045	0.058	0.07	0.04	0.039	0.04	0.07	0.081	0.085	0.043	0.08	0.088	0.104	0.009	0.085	0.084	0.113	0.054	0.087	0.095	0.097	0.229	0.081	0.078	0.068	0.036	0.046	0.077	0.073	0.065	0.107	0.095	0.099	0.064	0.105	0.103	0.094	0.054	0.109	0.1	0.101	0.026	0.079	0.099	0.105	0.098	0.083	0.079	0.064	0.082	0.054	0.062	0.016	0.055	0.07

Elevance Health Inc.

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NYSE:ELV