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Evolent Health, Inc. balance sheet

At the end of fiscal 2025, Evolent Health, Inc. had total assets of $1.90bn, total liabilities of $1.48bn and shareholders' equity of $415m. It held $152m in cash against $971m of debt.

Balance sheet

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

Fiscal year2016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Cash and equivalents135238228101319266188193104152116
Receivables41498076124131255447415310449
Total current assets265378488229548524478684607506611
Goodwill6276287685663494267231,1171,137694694
Total assets1,2001,3131,7221,4981,3721,4191,8172,6802,5441,8991,972
Accounts payable44431473732965748966039
Deferred revenue (current)20262120101266311
Total current liabilities132133269193403445433674716385493
Short-term debt———0270001710—
Long-term debt120121221294263216413597491971966
Total debt120121221294290216413597662971966
Total liabilities2882665335697527269581,4341,3531,4841,589
Shareholders' equity7031,0111,1449296206948591,0681,001415383
Non-controlling interests and other (assets − liabilities − equity)2103546————178190——
Shares outstanding———85m———————

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from Evolent Health, Inc.'s SEC filings (10-K and 10-Q), retrieved October 26, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Evolent Health, Inc.