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Side-by-side financial comparison of Evolent Health, Inc. (EVH) and HANCOCK WHITNEY CORP (HWC). Click either name above to swap in a different company.
Evolent Health, Inc. is the larger business by last-quarter revenue ($496.2M vs $295.0M, roughly 1.7× HANCOCK WHITNEY CORP). HANCOCK WHITNEY CORP runs the higher net margin — 16.1% vs -5.4%, a 21.4% gap on every dollar of revenue. On growth, Evolent Health, Inc. posted the faster year-over-year revenue change (2.6% vs -19.7%). Over the past eight quarters, HANCOCK WHITNEY CORP's revenue compounded faster (-9.4% CAGR vs -12.4%).
Magellan Health Inc., is an American for-profit managed health care company and subsidiary of Centene that focuses on special populations and other specialty areas of healthcare. Magellan's customers include health plans and other managed care organizations, employers, labor unions, various military and governmental agencies and third-party administrators. It ranked 390 on the Fortune 500 in 2021.
Hancock Whitney Corp. is an American bank holding company headquartered in Gulfport, Mississippi. It operates 237 branches in Mississippi, Alabama, Florida, Louisiana, and Texas. The bank is the official bank of the New Orleans Saints and issues the official debit card. The bank is also the official bank of LSU Athletics and the Louisiana Ragin' Cajuns, being the exclusive provider of credit cards for the LSU Tigers, as well as debit cards for both athletic brands.
EVH vs HWC — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $496.2M | $295.0M |
| Net Profit | $-26.6M | $47.4M |
| Gross Margin | 16.9% | — |
| Operating Margin | — | — |
| Net Margin | -5.4% | 16.1% |
| Revenue YoY | 2.6% | -19.7% |
| Net Profit YoY | — | -60.3% |
| EPS (diluted) | — | $0.57 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $496.2M | $295.0M | ||
| Q4 25 | $468.7M | $389.3M | ||
| Q3 25 | $479.5M | $385.7M | ||
| Q2 25 | $444.3M | $375.5M | ||
| Q1 25 | $483.6M | $364.7M | ||
| Q4 24 | $646.5M | $364.8M | ||
| Q3 24 | $621.4M | $367.7M | ||
| Q2 24 | $647.1M | $359.6M |
| Q1 26 | $-26.6M | $47.4M | ||
| Q4 25 | $-429.1M | — | ||
| Q3 25 | $-20.9M | $127.5M | ||
| Q2 25 | $-19.9M | — | ||
| Q1 25 | $-64.6M | — | ||
| Q4 24 | $-22.8M | — | ||
| Q3 24 | $-23.1M | $115.6M | ||
| Q2 24 | $1.6M | — |
| Q1 26 | 16.9% | — | ||
| Q4 25 | 20.7% | — | ||
| Q3 25 | 20.8% | — | ||
| Q2 25 | 22.6% | — | ||
| Q1 25 | 21.2% | — | ||
| Q4 24 | 11.7% | — | ||
| Q3 24 | 13.0% | — | ||
| Q2 24 | 16.5% | — |
| Q1 26 | — | — | ||
| Q4 25 | -87.1% | 40.7% | ||
| Q3 25 | 0.2% | 41.6% | ||
| Q2 25 | -0.3% | 38.5% | ||
| Q1 25 | -0.3% | 40.9% | ||
| Q4 24 | -2.9% | 41.3% | ||
| Q3 24 | -2.6% | 39.5% | ||
| Q2 24 | 1.2% | 40.3% |
| Q1 26 | -5.4% | 16.1% | ||
| Q4 25 | -91.6% | — | ||
| Q3 25 | -4.4% | 33.0% | ||
| Q2 25 | -4.5% | — | ||
| Q1 25 | -13.4% | — | ||
| Q4 24 | -3.5% | — | ||
| Q3 24 | -3.7% | 31.4% | ||
| Q2 24 | 0.2% | — |
| Q1 26 | — | $0.57 | ||
| Q4 25 | $-3.76 | $1.48 | ||
| Q3 25 | $-0.24 | $1.49 | ||
| Q2 25 | $-0.44 | $1.32 | ||
| Q1 25 | $-0.63 | $1.38 | ||
| Q4 24 | $-0.26 | $1.40 | ||
| Q3 24 | $-0.27 | $1.33 | ||
| Q2 24 | $-0.06 | $1.31 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $142.0M | $223.7M |
| Total DebtLower is stronger | — | $1.6B |
| Stockholders' EquityBook value | $396.4M | — |
| Total Assets | $1.9B | $35.5B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $142.0M | $223.7M | ||
| Q4 25 | $151.9M | — | ||
| Q3 25 | $116.7M | — | ||
| Q2 25 | $151.0M | — | ||
| Q1 25 | $246.5M | — | ||
| Q4 24 | $104.2M | — | ||
| Q3 24 | $96.6M | — | ||
| Q2 24 | $101.3M | — |
| Q1 26 | — | $1.6B | ||
| Q4 25 | — | $199.4M | ||
| Q3 25 | — | $210.7M | ||
| Q2 25 | — | $210.6M | ||
| Q1 25 | — | $210.6M | ||
| Q4 24 | — | $210.5M | ||
| Q3 24 | — | $236.4M | ||
| Q2 24 | — | $236.4M |
| Q1 26 | $396.4M | — | ||
| Q4 25 | $415.2M | $4.5B | ||
| Q3 25 | $842.2M | $4.5B | ||
| Q2 25 | $896.0M | $4.4B | ||
| Q1 25 | $935.5M | $4.3B | ||
| Q4 24 | $1.0B | $4.1B | ||
| Q3 24 | $1.0B | $4.2B | ||
| Q2 24 | $1.1B | $3.9B |
| Q1 26 | $1.9B | $35.5B | ||
| Q4 25 | $1.9B | $35.5B | ||
| Q3 25 | $2.5B | $35.8B | ||
| Q2 25 | $2.5B | $35.2B | ||
| Q1 25 | $2.7B | $34.8B | ||
| Q4 24 | $2.5B | $35.1B | ||
| Q3 24 | $2.5B | $35.2B | ||
| Q2 24 | $2.5B | $35.4B |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.04× | ||
| Q3 25 | — | 0.05× | ||
| Q2 25 | — | 0.05× | ||
| Q1 25 | — | 0.05× | ||
| Q4 24 | — | 0.05× | ||
| Q3 24 | — | 0.06× | ||
| Q2 24 | — | 0.06× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
EVH
| Performance Suite | $323.3M | 65% |
| Specialty Technology and Services Suite | $80.8M | 16% |
| Administrative Services | $49.6M | 10% |
| Cases | $42.6M | 9% |
HWC
Segment breakdown not available.
