NYSE$AGL

agilon health inc. · Q2 2024 earnings

Q2 2024 earnings · · Investor relations

Briefing

agilon health's Q2 2024 results were reported, showing revenue increase and maintained medical margin and Adjusted EBITDA guidance.

agilon health reported a 39% increase in revenue to $1.48 billion for Q2 2024. The company is maintaining its medical margin and Adjusted EBITDA guidance for the full year.

  • Total members on the agilon platform increased to 645,000 as of June 30, 2024, including 513,000 Medicare Advantage members and 132,000 ACO model beneficiaries.
  • Medicare Advantage membership increased 38%, with 6% growth in same partner geographies.
  • Total revenue of $1.48 billion in the second quarter 2024 increased 39% compared to $1.07 billion in the second quarter 2023.
  • Net loss was $31 million in the second quarter 2024 compared to $17 million in the second quarter 2023.

Headline financials

Total Revenue

$1.48B

Previous: $1.15B+29.0%
EPS

-$0.07

Previous: -$0.04-75.0%
Medicare Advantage Members

513.0K

Previous: 408.9K+25.5%
Avg. MA Members

507.0K

Previous: 409.7K+23.7%
Capital Expenditures

-$6.45M

Previous: -$7.81M+17.4%
Free Cash Flow

-$37.1M

Previous: -$24.6M-51.2%
Net Income

-$30.7M

Previous: -$16.7M-83.2%
Operating Income

-$43.3M

Previous: -$29.8M-45.3%
Cash & Equivalents

$109M

Previous: $191M-42.7%
Total Assets

$2.16B

Previous: $2.35B-8.1%

Revenue & EPS history

agilon health · Revenue · Quarterly

$1.48B

Q2 2024+29%vs Q2 2023
Beat estimate in 10 of 14 quarters(71%)
ActualEstimate

Revenue by segment

agilon health · $1.15B total across 2 segments · Q2 2023

  • Medical Services Revenue
    $1.15B+71.4%
  • Other Operating Revenue
    $2.01M+111.4%

Forward guidance

agilon health maintains its 2024 Medical Margin and Adjusted EBITDA Guidance.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q2 2024

Historical avgQ2 2024

-2.6%

Avg return

Earnings day

-0.0%

Avg return

5 days after

+6.7%

Avg return

30 days after

50%

10 / 20 earnings

Positive

+20.2%

Q4 2025

Best reaction

-36.1%

Q3 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+4.2%+122.0%+256.9%
Q4 2025+20.2%+13.4%-20.8%
Q3 2025+5.1%-9.0%-9.9%
Q1 2025-25.6%-33.4%-51.6%
Q4 2024-7.4%-17.9%+23.7%
Q3 2024-36.1%-35.1%-24.7%
Q2 2024-12.7%-14.6%-36.8%
Q1 2024+7.5%+7.5%+40.8%
Q4 2023+3.1%-2.1%-1.1%
Q3 2023-13.1%-19.0%-33.1%
Q2 2023+0.7%+3.7%-7.9%
Q1 2023-3.4%-6.6%-18.9%
Q4 2022+15.4%+14.8%+12.0%
Q3 2022-12.7%-7.9%-8.6%
Q2 2022-3.3%-0.4%-20.3%
Q1 2022-8.6%-19.4%+1.3%
Q4 2021+10.6%+2.4%+31.7%
Q3 2021+2.7%+3.6%-9.5%
Q2 2021-3.8%-6.3%-3.4%
Q1 2021+6.3%+4.0%+14.0%
Q4 2020
Q3 2020
Q2 2020
Q1 2020
Q4 2019

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