Evolent Health, Inc.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
ASSETS
Current assets:
Cash and Cash Equivalents, at Carrying Value $134.6m $238.4m $228.3m $101.0m $340.5m $266.3m $188.2m $192.8m $104.2m $151.9m
Prepaid Expense and Other Assets, Current $11.0m $8.4m $22.6m $28.5m $61.0m $51.4m $20.7m $30.3m $28.9m $18.5m
Restricted Cash and Investments, Current $62.4m $154.7m $20.1m $14.4m $75.7m $14.5m $13.8m $59.3m $26.1m
Short-term Investments $44.3m $0
Accounts Receivable, after Allowance for Credit Loss $173.7m $171.5m $269.1m $472.4m $420.9m $311.0m
Assets, Current $265.0m $378.2m $488.0m $228.8m $546.1m $524.0m $478.1m $683.7m $607.1m $506.4m
Property, Plant and Equipment, Net $31.2m $50.9m $73.6m $85.2m $86.2m $81.4m $87.9m $78.2m $73.2m $80.8m
Goodwill $626.6m $628.2m $768.1m $572.1m $354.7m $426.3m $722.8m $1.1b $1.1b $694.5m
Intangible Assets, Net (Excluding Goodwill) $258.9m $241.3m $335.0m $308.5m $268.1m $279.8m $442.8m $752.0m $680.2m $584.9m
Operating Lease, Right-of-Use Asset $72.2m $57.8m $50.2m $49.0m $12.0m $6.1m $4.4m
Additional Financial Items
Accounts Receivable, after Allowance for Credit Loss, Current $40.6m $48.9m $80.2m $75.7m $126.0m $130.6m $254.7m $446.7m $414.7m $309.9m
Accrued Liabilities, Current $29.2m $29.6m $49.0m $33.3m $84.5m $107.2m $111.2m $149.8m $66.4m $65.8m
Assets $1.2b $1.3b $1.7b $1.5b $1.4b $1.4b $1.8b $2.7b $2.5b $1.9b
LIABILITIES AND EQUITY
Current liabilities:
Operating Lease, Liability, Current $0 $6.3m $7.4m $7.1m $7.1m $9.7m $26.7m $15.3m
Accounts Payable, Current $43.9m $42.9m $146.8m $37.5m $32.1m $96.1m $57.2m $48.2m $96.0m $59.8m
Operating Lease, Liability, Noncurrent $0 $68.9m $62.5m $57.7m $56.0m $38.0m $25.0m $3.8m
Deferred Revenue, Current $20.5m $24.8m $20.6m $19.8m $14.3m $11.9m $5.8m $6.0m $2.5m $1.2m
Long-term Debt, Current Maturities $26.6m $0
Long-term Debt, Excluding Current Maturities $263.3m $215.7m $413.0m $597.0m $490.5m $970.5m
Liabilities, Current $131.9m $132.7m $269.4m $192.8m $401.8m $445.5m $433.4m $674.2m $715.5m $385.3m
Deferred Income Tax Liabilities, Net $20.8m $2.4m $25.4m $1.9m $728k $1.4m $4.7m $13.3m $10.9m $7.5m
Other Liabilities, Noncurrent $14.7m $9.9m $17.1m $11.7m $22.2m $5.5m $4.7m $3.6m $3.0m $8.0m
Deferred Tax Liabilities, Net $20.8m $2.4m $25.1m $1.9m $728k $658k $3.8m $12.3m $9.4m $5.5m
Liabilities $287.7m $266.4m $532.9m $569.0m $750.6m $725.8m $957.9m $1.4b $1.4b $1.5b
Stockholders’ equity:
Common Stock, Value, Issued $908k $1.0m $1.2m $1.2m $1.2m
Additional Paid in Capital $555.2m $924.2m $1.1b $1.2b $1.2b $1.3b $1.5b $1.8b $1.8b $1.8b
Retained Earnings (Accumulated Deficit) $146.6m $86.0m $50.0m ($252.0m) ($589.2m) ($626.8m) ($606.2m) ($719.2m) ($780.8m) ($1.3b)
Accumulated Other Comprehensive Income (Loss), Net of Tax $0 ($182k) ($234k) ($278k) ($362k) ($1.2m) ($1.3m) ($1.8m) ($2.6m)
Stockholders' Equity Attributable to Parent $702.5m $1.0b $1.1b $922.4m $619.6m $693.6m $859.4m $1.1b $1.0b $415.2m
Stockholders' Equity Attributable to Noncontrolling Interest $209.6m $35.4m $45.5m $6.7m $0
Liabilities and Equity $1.2b $1.3b $1.7b $1.5b $1.4b $1.4b $1.8b $2.7b $2.5b $1.9b

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.