NYSE$AGL

agilon health inc. · Q2 2025 earnings

Q2 2025 earnings · · After market close · Investor relations

Briefing

agilon health inc. reported its Q2 2025 financial results with a net loss of $104 million on lower membership and revenue.

Total revenues declined 6% year-over-year to $1.39 billion due to lower Medicare Advantage membership and unfavorable risk adjustment development. The company recorded a medical margin loss of $53 million and an Adjusted EBITDA loss of $83 million. Net loss attributable to common shares was $104 million, or $0.25 per share.

  • Medicare Advantage membership fell 3% to 497,500 as of June 30, 2025 from partnership exits in 2024.
  • Medical services revenue decreased 6% to $1.39 billion amid lower membership and higher Part D costs.
  • Gross profit turned negative at $52 million loss versus $32 million profit in Q2 2024.
  • Cash and cash equivalents stood at $171 million with continued negative operating cash flow of $67 million year-to-date.

Headline financials

Total Revenue

$1.39B

Previous: $1.48B-5.9%
EPS (adj)

-$0.25

Previous: -$0.07-257.1%
Medicare Advantage Members

497.5K

Previous: 513.0K-3.0%
Capital Expenditures

-$7.1M

Previous: -$6.45M-10.0%
Net Income

-$104M

Previous: -$30.7M-240.2%
Operating Income

-$116M

Previous: -$43.3M-167.7%
Cash & Equivalents

$171M

Previous: $109M+56.6%

Revenue & EPS history

agilon health · Revenue · Quarterly

$1.39B

Q2 2025-5.9%vs Q2 2024
Beat estimate in 10 of 15 quarters(67%)
ActualEstimate

Revenue by segment

agilon health · $1.39B total across 2 segments · Q2 2025

  • Medical Services
    $1.39B
  • Other Operating
    $2.94M

Forward guidance

No explicit forward guidance provided in the 10-Q filing.

Historical earnings impact

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

Avg. return before/after earnings

Based on 19 quarterly earnings reports

Historical avg

-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
Q2 2025
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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