Evolent Health Free Cash Flow (FCF) History (EVH)
Evolent Health reported $4.8M in free cash flow for fiscal 2025, an increase of $10.9M from the previous fiscal year, with a free cash flow margin of 0.25%.
View full Evolent Health company overviewEvolent Health free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $4.8M | $10.9M | — | +0.25% |
| 2024 | 2024-12-31 | −$6.1M | −$120.0M | — | −0.24% |
| 2023 | 2023-12-31 | $113.8M | $163.8M | — | +5.80% |
| 2022 | 2022-12-31 | −$49.9M | −$63.7M | — | −3.69% |
| 2021 | 2021-12-31 | $13.8M | $59.5M | — | +1.52% |
| 2020 | 2020-12-31 | −$45.7M | $32.5M | — | −4.94% |
| 2019 | 2019-12-31 | −$78.2M | −$18.0M | — | −9.24% |
| 2018 | 2018-12-31 | −$60.2M | −$4.4M | — | −9.60% |
| 2017 | 2017-12-31 | −$55.8M | −$4.8M | — | −12.83% |
| 2016 | 2016-12-31 | −$51.0M | −$26.1M | — | −20.08% |
| 2015 | 2015-12-31 | −$25.0M | −$25.0M | — | — |
| 2014 | 2014-12-31 | $0 | $24.1M | — | — |
| 2013 | 2013-12-31 | −$24.1M | — | — | — |
Evolent Health quarterly free cash flow
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | −$16.2M | $22.9M | — | −2.48% |
| Q1 2026 | 2026-03-31 | −$7.4M | −$3.4M | — | −1.49% |
| Q4 2025 | 2025-12-31 | $41.0M | $73.4M | — | +8.76% |
| Q3 2025 | 2025-09-30 | $6.8M | −$5.5M | −44.67% | +1.43% |
| Q2 2025 | 2025-06-30 | −$39.1M | −$53.4M | — | −8.80% |
| Q1 2025 | 2025-03-31 | −$4.0M | −$3.6M | — | −0.83% |
| Q4 2024 | 2024-12-31 | −$32.4M | −$115.7M | — | −5.01% |
| Q3 2024 | 2024-09-30 | $12.4M | −$41.3M | −76.96% | +1.99% |
| Q2 2024 | 2024-06-30 | $14.3M | $20.5M | — | +2.21% |
| Q1 2024 | 2024-03-31 | −$438,000 | $16.6M | — | −0.07% |
| Q4 2023 | 2023-12-31 | $83.3M | $58.4M | +233.96% | +14.99% |
| Q3 2023 | 2023-09-30 | $53.7M | $67.1M | — | +10.51% |
| Q2 2023 | 2023-06-30 | −$6.2M | −$10.6M | — | −1.32% |
| Q1 2023 | 2023-03-31 | −$17.0M | $48.9M | — | −3.98% |
| Q4 2022 | 2022-12-31 | $25.0M | −$34.5M | −58.00% | +6.52% |
| Q3 2022 | 2022-09-30 | −$13.3M | −$51.6M | — | −3.78% |
| Q2 2022 | 2022-06-30 | $4.4M | $34.2M | — | +1.38% |
| Q1 2022 | 2022-03-31 | −$66.0M | −$11.8M | — | −22.20% |
| Q4 2021 | 2021-12-31 | $59.4M | $78.1M | — | +23.92% |
| Q3 2021 | 2021-09-30 | $38.3M | $64.9M | — | +17.20% |
| Q2 2021 | 2021-06-30 | −$29.8M | −$57.4M | — | −13.43% |
| Q1 2021 | 2021-03-31 | −$54.1M | −$26.2M | — | −25.16% |
| Q4 2020 | 2020-12-31 | −$18.7M | −$22.7M | — | −10.74% |
| Q3 2020 | 2020-09-30 | −$26.7M | −$1.4M | — | −10.08% |
| Q2 2020 | 2020-06-30 | $27.6M | $49.4M | — | +11.57% |
| Q1 2020 | 2020-03-31 | −$27.9M | $7.2M | — | −11.30% |
| Q4 2019 | 2019-12-31 | $4.0M | $39.4M | — | +1.70% |
| Q3 2019 | 2019-09-30 | −$25.2M | −$38.7M | — | −11.46% |
| Q2 2019 | 2019-06-30 | −$21.8M | −$17.8M | — | −11.36% |
| Q1 2019 | 2019-03-31 | −$35.2M | −$913,000 | — | −17.79% |
| Q4 2018 | 2018-12-31 | −$35.4M | −$34.9M | — | −18.33% |
| Q3 2018 | 2018-09-30 | $13.4M | $18.5M | — | +8.97% |
| Q2 2018 | 2018-06-30 | −$4.0M | $5.5M | — | −2.76% |
| Q1 2018 | 2018-03-31 | −$34.3M | $6.5M | — | −24.52% |
| Q4 2017 | 2017-12-31 | −$464,000 | $25.5M | — | −0.41% |
| Q3 2017 | 2017-09-30 | −$5.1M | −$9.2M | — | −4.73% |
| Q2 2017 | 2017-06-30 | −$9.5M | −$4.5M | — | −8.87% |
| Q1 2017 | 2017-03-31 | −$40.7M | −$16.6M | — | −38.35% |
| Q4 2016 | 2016-12-31 | −$25.9M | −$17.0M | — | — |
| Q3 2016 | 2016-09-30 | $4.1M | $13.3M | — | — |
| Q2 2016 | 2016-06-30 | −$5.0M | $1.8M | — | — |
| Q1 2016 | 2016-03-31 | −$24.2M | −$24.2M | — | — |
| Q4 2015 | 2015-12-31 | −$8.9M | −$8.9M | — | — |
| Q3 2015 | 2015-09-30 | −$9.2M | — | — | — |
| Q2 2015 | 2015-06-30 | −$6.8M | — | — | — |
| Q1 2015 | 2015-03-31 | $0 | — | — | — |
| Q3 2014 | 2014-09-30 | $0 | — | — | — |
Evolent Health free cash flow growth trends
Over the last five reported fiscal years, free cash flow grew from −$45.7M to $4.8M, a net increase of $50.5M. Evolent Health's latest reported quarter, Q2 2026, generated −$16.2M in free cash flow, an increase of $22.9M year over year.
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Evolent Health filings at SEC.gov ↗