| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 50.2K | 2.6% |
| Total Income | 50.2K | 2.6% |
| Expenditure | 48.1K | 5.2% |
| PBT | 2.3K | 17.6% |
| Net Profit | 1.8K | 19.2% |
| OPM | 4.16% | 2.33pp |
| NPM | 3.52% | 0.95pp |
| EPS | 8.03 | 16.7% |
Elevance Health Reports 1Q 2026 Results; Raises Full-Year Guidance
22 Apr 2026 · 22 Apr, 3:32 pm
Summary
Elevance Health reported first quarter 2026 results, with operating revenue of $49.5 billion, a 1.5% increase compared to the prior year quarter. Diluted EPS was reported at $8.00, and adjusted diluted EPS at $12.58. The company raised its full-year adjusted EPS guidance to at least $26.75. Operating cash flow for FY 2026 is reaffirmed to be at least $5.5 billion. According to Gail K. Boudreaux, the company's first quarter results exceeded expectations, reflecting underlying business strength and improving claims experience.
Key Highlights
- 1
Elevance Health reported 1Q 2026 operating revenue of $49.5 billion, up 1.5% from 1Q 2025.
- 2
The company's 1Q 2026 diluted EPS was $8.00, with an adjusted diluted EPS of $12.58.
- 3
FY 2026 diluted EPS guidance is expected to be at least $19.85, including the estimated financial impact for the CMS matter.
- 4
The adjusted diluted EPS guidance for FY 2026 has been raised to at least $26.75.
- 5
Elevance Health reaffirms its FY 2026 operating cash flow guidance of at least $5.5 billion.
- 6
The company returned $1.5 billion of capital to shareholders in 1Q 2026.
- 7
Health Benefits segment operating revenue was $42.5 billion in the first quarter of 2026, an increase of 2.6 percent compared to the prior year quarter.
Management Comments
Gail K. Boudreaux
Our first quarter results exceeded expectations, reflecting underlying business strength and improving claims experience. We are raising our full-year adjusted EPS guidance, supported by greater visibility into the balance of the year. Our actions are driving more consistent performance and position Elevance Health for continued improvement over time.”
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