ELVElevance Health Inc.

$64B

Q1 2023 Earnings

Healthcare Medical - Healthcare Plans

Income Statement

Revenue

$42.2B+10.7% YoY

Gross Profit

$11.4B27.0% margin

Operating Income

$2.9B6.8% margin

Net Income

$2.0B4.7% margin

EPS (Diluted)

$8.30

QoQ Revenue Growth

+5.6%

Cash Flow

Operating Cash Flow

$6.5B

Free Cash Flow

$6.2B

Stock-Based Comp.

$61M

Balance Sheet

Total Assets

$109.0B

Total Liabilities

$71.6B

Stockholders' Equity

$37.4B

Cash & Equivalents

$10.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$42.2B	$38.1B	+10.7%
Gross Profit	$11.4B	$9.9B	+15.4%
Operating Income	$2.9B	$2.5B	+14.5%
Net Income	$2.0B	$1.8B	+11.2%

Revenue Segments

Health Benefits Segment

$37.3B62%

Carelon Services Segment

$22.7B38%

Other Segment

$251M0%

ELV Q1 2023 Earnings — Elevance Health Inc. Revenue & Financial Results | Market Cap Arena