agilon health Q2 2024 Earnings Report
Key Takeaways
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.
agilon health
agilon health
agilon health Revenue by Segment
Forward Guidance
agilon health maintains its 2024 Medical Margin and Adjusted EBITDA Guidance.
Revenue & Expenses
Visualization of income flow from segment revenue to net income