ELV Q1 2025 Earnings — Elevance Health Inc. Revenue & Financial Results | Market Cap Arena

ELVElevance Health Inc.

$64B

Q1 2025 Earnings

Healthcare Medical - Healthcare Plans

Income Statement

Revenue

$48.9B+14.8% YoY

Gross Profit

$13.6B27.8% margin

Operating Income

$3.1B6.4% margin

Net Income

$2.2B4.5% margin

EPS (Diluted)

$9.61

QoQ Revenue Growth

+7.6%

Cash Flow

Operating Cash Flow

$1.0B

Free Cash Flow

$821M

Stock-Based Comp.

$81M

Balance Sheet

Total Assets

$119.7B

Total Liabilities

$77.1B

Stockholders' Equity

$42.5B

Cash & Equivalents

$7.5B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$48.9B	$42.6B	+14.8%
Gross Profit	$13.6B	$12.0B	+12.9%
Operating Income	$3.1B	$3.2B	-2.0%
Net Income	$2.2B	$2.2B	-2.8%

Revenue Segments

Health Benefits Segment

$41.4B71%

Carelon Services Segment

$16.7B29%