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What changed in Elevance Health, Inc.'s latest annual report

In the year ended 31 Dec 2025, Elevance Health, Inc.'s revenue rose 12.5% to USD 199.12bn, from USD 177.01bn; net income fell 5.3% to USD 5.66bn, from USD 5.98bn; cash and cash equivalents rose 14.5% to USD 9.49bn, from USD 8.29bn.

Year ended 31 Dec 2025. Source: 10-K filed 6 Feb 2026, read it on SEC EDGAR.

USD 177.01bn to USD 199.13bn

Revenue, up 12.5% year on year

The figures, year on year

Annual figures as reported to the SEC, in US dollars. Changes are calculated from the two values.
ItemYear beforeLatest yearChange
Revenue177.01bn199.13bnUp 12.5%
Net income5.98bn5.66bnDown 5.3%
Total assets116.89bn121.49bnUp 3.9%
Total liabilities75.46bn77.47bnUp 2.7%
Long-term debt29.22bn30.80bnUp 5.4%
Cash and cash equivalents8.29bn9.49bnUp 14.5%
Shareholders' equity41.31bn43.88bnUp 6.2%

Questions people ask

Did Elevance Health, Inc.'s revenue grow last year?

Revenue grew 12.5%, from USD 177.01bn to USD 199.13bn in the year ended 31 Dec 2025.

Is Elevance Health, Inc. profitable?

Yes. Net income was USD 5.66bn in the year ended 31 Dec 2025. The year before: USD 5.98bn.

How much cash and debt does Elevance Health, Inc. have?

At its latest year end (31 Dec 2025), Elevance Health, Inc. reported cash and cash equivalents of USD 9.49bn and long-term debt of USD 30.80bn.

Where do these numbers come from?

From Elevance Health, Inc.'s own annual filings with the SEC. Each change is calculated from the reported figures; nothing is estimated.

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Elevance Health, Inc. (ELV) 10-K: what changed year on year | LYNORIQ Insights