NYSE$AGL

agilon health inc. · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

agilon health reported Q4 2021 results with revenue growth driven by Medicare Advantage membership.

agilon health announced a 44% increase in revenue for the fourth quarter, driven by a 42% growth in Medicare Advantage membership. Total members on the agilon platform grew by 82% to 238,000. The company's outlook for 2022 includes significant gains in Adjusted EBITDA while maintaining strong revenue growth.

  • Total revenue increased 44% during the fourth quarter, driven by 42% growth in Medicare Advantage membership, including 15% membership growth in same geographies.
  • Total members live on the agilon platform increased 82% to 238,000 as of December 31, including 186,300 Medicare Advantage members and 51,700 Direct Contracting beneficiaries.
  • Net loss of $57 million in the fourth quarter compared to a net loss of $24 million in the fourth quarter 2020.
  • Medical margin of $31 million in the fourth quarter compared to $27 million in the fourth quarter 2020.

Headline financials

Total Revenue

$463M

Previous: $321M+44.2%
EPS (adj)

-$0.14

Previous: -$0.06-122.5%
Medicare Advantage Members

186.3K

No prior period
Avg. MA Members

186.2K

No prior period
Net Income

-$57M

Previous: -$24.2M-135.4%
Operating Income

-$47.9M

Previous: -$39.7M-20.5%
Cash & Equivalents

$1.04B

No prior period
Total Assets

$1.59B

No prior period

Revenue & EPS history

agilon health · Revenue · Quarterly

$463M

Q4 2021+44.2%vs Q4 2020
Beat estimate in 11 of 11 quarters(100%)
ActualEstimate

Revenue by segment

agilon health · $463M total across 2 segments · Q4 2021

  • Medical Services Revenue
    $462M
  • Other Operating Revenue
    $887K

Forward guidance

agilon health provided its outlook for the first quarter and full fiscal year 2022, including membership and financial 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 Q4 2021

Historical avgQ4 2021

-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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