
Elevance Health, Inc. (ELV) Q2 2026 Earnings Call Transcript
Elevance Health Inc. is a health benefits company. The company is headquartered in Indianapolis, Indiana.
| Revenue (TTM) | $201.11B |
| Gross Profit (TTM) | $52.27B |
| EBITDA | $8.20B |
| Operating Margin | 4.56% |
| Return on Equity | 11.10% |
| Return on Assets | 3.77% |
| Revenue/Share (TTM) | $912.91 |
| Book Value | $201.97 |
| Price-to-Book | 2.10 |
| Price-to-Sales (TTM) | 0.46 |
| EV/Revenue | 0.571 |
| EV/EBITDA | — |
| Quarterly Earnings Growth (YoY) | -13.10% |
| Quarterly Revenue Growth (YoY) | 1.40% |
| Shares Outstanding | $217.16M |
| Float | $217.44M |
| % Insiders | 0.18% |
| % Institutions | 93.52% |
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Elevance Health, Inc. (ELV) Q2 2026 Earnings Call Transcript

Elevance Health beats Q2 EPS and revenue estimates, raises 2026 adjusted EPS outlook despite lower earnings, softer membership and higher expenses.

Elevance Health NYSE: ELV raised its 2026 adjusted earnings outlook after second-quarter results came in ahead of management's expectations, citing favorable benefit expense performance, disciplined cost management and improving execution across several major business lines.

The headline numbers for Elevance Health (ELV) give insight into how the company performed in the quarter ended June 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Elevance Health (ELV) came out with quarterly earnings of $7.45 per share, beating the Zacks Consensus Estimate of $6.18 per share. This compares to earnings of $8.84 per share a year ago.

Elevance Health reported second quarter net income of $1.45 billion as medical costs fell in some health plans, triggering an improved outlook for the rest of the year.

The health insurer raised its earnings outlook after logging a higher benefit-expense ratio and sales number in the second quarter.

INDIANAPOLIS--(BUSINESS WIRE)--Elevance Health, Inc. (NYSE: ELV) reported second quarter 2026 results ahead of expectations. "Our second quarter results exceeded our outlook, supported by disciplined execution and improved operating performance across our diversified portfolio. We are raising our 2026 adjusted EPS guidance to at least $27.00 and accelerating targeted investments in the capabilities that matter most: medical cost management, member experience, provider connectivity, operating ef.

ELV faces Q2 pressure as weaker Health Benefits results and higher benefit expenses may weigh on earnings ahead of its July 15 report.

This week's Elevance Health and UnitedHealth Group quarterly earnings are much anticipated for signs these companies' health insurance businesses and that of their rivals are keeping a handle on rising costs.
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