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Revenue Recognition (Tables) | 3 Months Ended
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Mar. 31, 2025
Revenue from Contract with Customer [Abstract] |
Schedule of Disaggregation of Revenue | The following table represents Evolent’s revenue disaggregated by line of business and product type (in thousands):
|  |  | For the Three Months Ended March 31,
|  |  |  |  | 2025 |  | 2024 |  |
Medicaid |  |  |  |  | $ | 188,124 |  |  | $ | 215,124 |  |  |
Medicare |  |  |  |  | 115,318 |  |  | 286,960 |  |  |
Commercial and other |  |  |  |  | 180,207 |  |  | 137,569 |  |  |
Total |  |  |  |  | $ | 483,649 |  |  | $ | 639,653 |  |  |
Performance Suite |  |  |  |  | $ | 303,021 |  |  | $ | 448,218 |  |  |
Specialty Technology and Services Suite |  |  |  |  | 82,821 |  |  | 89,003 |  |  |
Administrative Services |  |  |  |  | 57,191 |  |  | 58,569 |  |  |
Cases |  |  |  |  | 40,616 |  |  | 43,863 |  |  |
Total |  |  |  |  | $ | 483,649 |  |  | $ | 639,653 |  |  |
Schedule of Contract with Customer, Asset and Liability | The following table provides information about receivables, contract assets and deferred revenue from contracts with customers as of March 31, 2025 and December 31, 2024 (in thousands):
| March 31, 2025 |  | December 31, 2024
Short-term receivables (1) | $ | 429,161 |  |  | $ | 413,346 |
Short-term deferred revenue | 5,017 |  |  | 2,507 |
———————— (1)Excludes pharmacy rebate receivable and pharmacy claims receivable. Changes in deferred revenue for the three months ended March 31, 2025 are as follows (in thousands):
Deferred revenue |
Balance as of beginning-of-period | $ | 2,507 |
Reclassification to revenue, as a result of performance obligations satisfied | (1,093) |
Cash received in advance of satisfaction of performance obligations | 3,603 |
Balance as of end of period | $ | 5,017 |

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- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-10 + Details
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- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-5 + Details
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