ELEVANCE HEALTH, INC. (ELV) FY2025 YTD Q3 P&L / Income Statement

Revenue by Product and Service (4 categories)

2025-01-01 to 2025-09-30

Swipe to see the full flow
ELEVANCE HEALTH, INC. (ELV) FY2025 YTD Q3 P&L / Income StatementIncome statement for 2025-01-01 through 2025-09-30. View: Product and service (4 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUE RECONCILIATIONREVENUEOPERATINGPRE-TAXNETTotal operating revenueNet investment incomeTotal revenuesRevenue before reconciliation (calculated)Net losses on financial instrumentsOperating profit (calculated)Total expensesBenefit expenseCost of products soldOperating expenseInterest expenseAmortization of other intangible assetsIncome before income tax expenseNet incomeIncome tax expenseRevenue before reconciliation (calculated)Revenue beforereconciliation(calculated)$149.97 BOperating profit (calculated)Operating profit(calculated)$6.50 BIncome before income tax expenseIncome beforeincome tax expense$6.50 BTotal revenuesTotal revenues$149.38 BNet incomeNet income$5.12 BTotal expensesTotal expenses$142.88 BIncome tax expenseIncome tax expense$1.38 BTotal operating revenueTotal operating revenue$148.27 BBenefit expenseBenefit expense$110.16 BNet investment incomeNet investment income$1.70 BCost of products soldCost of products sold$15.66 BOperating expenseOperating expense$15.57 BNet losses on financial instrumentsNet losses onfinancial instruments−$596.00 MInterest expenseInterest expense$1.04 BAmortization of other intangible assetsAmortization of otherintangible assets$464.00 M
Chart details

ELEVANCE HEALTH, INC. (ELV) FY2025 YTD Q3 P&L / Income Statement

Income statement for 2025-01-01 through 2025-09-30. View: Product and service (4 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Total revenues
149,378,000,000 US dollars
Total expenses
142,883,000,000 US dollars
Operating profit (calculated)
6,495,000,000 US dollars
Other income (expense), net (calculated)
0 US dollars
Income before income tax expense
6,495,000,000 US dollars
Income tax expense
1,380,000,000 US dollars
Net income
5,115,000,000 US dollars
Total operating revenue
148,273,000,000 US dollars
Net investment income
1,701,000,000 US dollars
Gain (loss) on sale of business
0 US dollars
Benefit expense
110,158,000,000 US dollars
Cost of products sold
15,656,000,000 US dollars
Operating expense
15,569,000,000 US dollars
Amortization of other intangible assets
464,000,000 US dollars
Interest expense
1,036,000,000 US dollars
Revenue before reconciliation (calculated)
149,974,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
Net losses on financial instruments
negative 596,000,000 US dollars. Reported reconciliation to consolidated revenue.

Chart connections

  • Revenue minus operating expenses equals operating income.
  • Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
  • Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.
ELEVANCE HEALTH, INC. (ELV) FY2025 YTD Q3 P&L / Income Statement Sankey chart
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Operating margin

4.3%

Operating profit / revenue

Cash conversion

82.2%

Operating cash / net income, same period

Newsletter

Get the teardowns by email

Subscribe if you want the public-company teardowns in your inbox when they're released.

Product waitlist

Health Check and Teardown for your own company

A health check uncovers insights of your private books, not a public ticker. Join this list to get notified as soon as we go-live!