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Elevance Health revenue

Elevance Health's revenue was $199.13bn in fiscal 2025, up 12.5% on the year before. Since fiscal 2009 ($64.94bn) it has grown at a compound 7.3% a year. Over the last twelve months it was $201.83bn.

Revenue history

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2009Dec 20092010Dec 20102011Dec 20112012Dec 20122013Dec 20132014Dec 20142015Dec 20152016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMSept 2026
Revenue64.958.760.761.571.073.979.284.990.092.1104.2121.9138.6156.6171.3177.0199.1201.8
Growth on the year before—−9.6%+3.4%+1.3%+15.5%+4.0%+7.2%+7.2%+6.1%+2.3%+13.1%+16.9%+13.8%+13.0%+9.4%+3.3%+12.5%—
Gross profit————————90.092.1102.2112.9127.7143.6154.0157.3177.9179.7
Gross margin————————100.0%100.0%98.1%92.7%92.1%91.7%89.9%88.8%89.4%89.0%

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Where the revenue comes from

Fiscal year to December 31, 2025
Products and services
Line of business Revenue YoY
Products $24.5B ▲ 8.1%
Service Fees $8.5B ▲ 0.8%

These categories overlap or exclude eliminations, so shares aren't shown.

From Elevance Health's 10-K filed February 6, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Revenue against peers

Managed Health Care: the closest covered companies by revenue. Last twelve months.

CompanyRevenueGrowth3-year growth a year
Elevance Health $201.83bn 3.6% 6.2%
Centene Corporation $203.90bn 9.7% 10.7%
Humana $145.68bn 18.3% 13.8%
UnitedHealth Group $450.13bn 6.5% 8.9%
Molina Healthcare, Inc. $44.13bn -0.9% 9.9%
Oscar Health, Inc. $15.32bn 42.8% 45.6%

Compare with peers

Head to head: CNC vs ELVELV vs HUMELV vs UNHELV vs MOH

More: Managed Health Care stocks compared, Health Care sector, rankings of US companies

Figures from Elevance Health's SEC filings (10-K and 10-Q), retrieved October 23, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Elevance Health.