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agilon health Reports Second Quarter 2021 Results Exhibit 99.1 LONG BEACH , Calif . – August 4 , 2021 – agilon health , inc . ( NYSE : AGL ) , the company transforming health care for seniors by empowering primary - care physicians to focus on the entire health of their patients , announced results for the second quarter ended June 30 , 2021 . Second Quarter 2021 Results : Total revenue of $ 499 million increased 70 % from 2020 and would have increased approximately 58 % normalized for retroactive members associated with the first quarter . Total revenue increased 56 % year - to - date from 2020 . • Members of approximately 181,700 as of June 30 increased 45 % from 2020 . • Same geography membership growth of 17 % from 2020 . • • Net loss of $ 299 million , compared to a net loss of $ 8 million in 2020. Second quarter 2021 results include $ 275 million in non - cash stock - based compensation expenses primarily related to the IPO . Medical Margin of $ 55 million , compared to $ 72 million in 2020. The year - over - year change in Medical Margin in part reflects the impact from COVID on healthcare utilization in the prior year quarter . Adjusted EBITDA of negative $ 2 million , compared to positive $ 14 million in 2020 . " agilon's second quarter results reflect continued momentum across our business . Medicare Advantage membership increased 45 % on a year - over - year basis , including 17 % growth within Same Geographies . Total members on the platform grew to over 280,000 , inclusive of more than 50,000 DCE members that went live in April 2021 , and 49,000 Medicare Advantage members being implemented for January 2022. Our performance underscores the flexibility of our platform and strong demand among healthcare stakeholders for primary - care centric delivery models , ” said Steve Sell , Chief Executive Officer . “ During the quarter , we also partnered with 10 organizations including the American Academy of Family Physicians and the American College of Physicians in launching Primary Care for America . Through this collaboration , we will further advance the role of primary - care , which will improve access to comprehensive , proactive healthcare and better outcomes for patients and communities . " Outlook for Third Quarter and Fiscal Year 2021 : Ending members Total revenues ( $ M ) Adjusted EBITDA ( $ M ) Quarter Ending September 30 , 2021 Year Ending December 31 , 2021 Low 183,000 $ 450 High Low High 184,000 184,000 185,000 $ 453 $ 1,810 ( $ 41 ) $ 1,820 The Adjusted EBITDA loss reflected in the full year 2021 outlook is expected to be weighted to the fourth quarter . ( $ 38 ) We have not reconciled guidance for Adjusted EBITDA to net income ( loss ) , the most directly comparable GAAP measure , and have not provided forward - looking guidance for net income ( loss ) , because of the uncertainty around certain items that may impact net income ( loss ) , including stock - based compensation , that are not within our control or cannot be reasonably predicted . Membership Details Membership as of June 30 , 2021 , was approximately 181,700 , an increase of 45 % from 2020. Same geography membership growth increased 17 % year - over - year during the second quarter 2021 , reflecting broad - based growth across markets and strong retention . Average membership during the second quarter 2021 was approximately 194,000 , an increase of 57 % from 2020 .