ELVElevance Health

$439.89+28% 1Y

The financials

Elevance Health by the numbers

Elevance Health (ELV) reported revenue of $51.4B in Q3 2026 (quarter ended Sep 30, 2026), up 1.4% from the same quarter a year earlier. That came with a gross margin of 89% and net income of $1.36B (2.7% of revenue). For the full year FY2025, revenue was $199.1B (+12% year on year) and net income $5.66B. Its largest segment in Q2 2026 (quarter ended Jun 30, 2026) was Reportable at $50.5B, 89% of the disclosed total, well ahead of Carelon Rx at 11%. The next results filing is expected around Jan 27, 2027, the same week as a year ago.

Elevance Health income statement, Q3 2026 against the same quarter a year earlier
Income statementQ3 2026Q3 2025Change
Revenue$51.4B$50.7B+1.4%
Gross profit$45.8B$45.3B+1.0%
Operating income$1.27B$1.29B−2.0%
Net income$1.36B$1.19B+15%
Diluted EPS$6.27$5.32+18%
Revenue by segment, Q2 2026 (quarter ended Jun 30, 2026), as reported to the SEC · segment disclosure runs one filing behind the income statement
OperatingRevenueShare
Reportable$50.5B89%
Carelon Rx$6.26B11%

Business segments

Revenue split by operating segment, from SEC XBRL filings.

Latest period: Q2 2026Total $56.74B (+0.59%)
Carelon Rx grew +3.7% year on yearReportable +1.4% year on year
  • Reportable$50.47Bquarter on quarter +0.58%year on year +1.4%
  • Carelon Rx$6.26Bquarter on quarter +0.63%year on year +3.7%
  • Carelon Services$0.00quarter on quarter n/ayear on year n/a
  • Corporate And Other$0.00quarter on quarter n/ayear on year n/a
  • Health Benefits$0.00quarter on quarter n/ayear on year n/a
Segment sum = 112% of reported consolidated revenue · Latest source: 10-Q filed Jul 15, 2026, SEC EDGAR