Elevance Health, Inc. (ELV) Q2 2026 Earnings Call Transcript

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Company Participants

Nathan Rich – Vice President of Investor Relations
Gail Boudreaux – President, CEO & Director
Mark Kaye – Executive VP & CFO
Felicia Norwood – Executive VP & Chief Health Benefits Officer
Aimee Dailey – President of Government Business
Morgan Kendrick

Conference Call Participants

Albert Rice – UBS Investment Bank, Research Division
Justin Lake – Wolfe Research, LLC
Stephen Baxter – Wells Fargo Securities, LLC, Research Division
Ann Hynes – Mizuho Securities USA LLC, Research Division
Andrew Mok – Barclays Bank PLC, Research Division
Lance Wilkes – Bernstein Institutional Services LLC, Research Division
Lisa Gill – JPMorgan Chase & Co, Research Division
Kevin Fischbeck – BofA Securities, Research Division
Scott Fidel – Goldman Sachs Group, Inc., Research Division
David Windley – Jefferies LLC, Research Division
Ryan Langston – TD Cowen, Research Division
Elizabeth Anderson – Evercore ISI Institutional Equities, Research Division
Erin Wilson Wright – Morgan Stanley, Research Division
Jason Cassorla – Guggenheim Securities, LLC, Research Division
George Hill – Deutsche Bank AG, Research Division

Presentation

Operator

Ladies and gentlemen, thank you for standing by, and welcome to the Elevance Health Second Quarter Earnings Conference Call. [Operator Instructions] As a reminder, today’s conference is being recorded. I would now like to turn the conference over to the company’s management. Please go ahead.

Nathan Rich
Vice President of Investor Relations

Good morning, and welcome to Elevance Health’s Second Quarter 2026 Earnings Conference Call. My name is Nathan Rich, Vice President of Investor Relations. With us on the earnings call are Gail Boudreaux, President and CEO; Mark Kaye, our CFO; Felicia Norwood, our Chief Health Benefits Officer; Morgan Kendrick, President of our Commercial Health Benefits business; and Aimee Dailey, President of our Government Health Benefits business.

Gail will begin with a review of our second quarter results, the progress we have made against our

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