Cvs Health (CVS) Cost of Revenue (2009 - 2026)
Cvs Health's (CVS) quarterly Cost of Revenue came in at $10.9 billion in Q1 2026, down 78.57% YoY from $51.1 billion in Q1 2025, and down 81.47% on a QoQ basis from $59.1 billion in Q4 2025.
Cvs Health (CVS) Cost of Revenue (2009 - 2026) Analysis & Trends
Cvs Health (CVS) has 18 years of Cost of Revenue data on file, last reported at $10.9 billion in Q1 2026.
- Quarterly Cost of Revenue fell 78.57% year-over-year to $10.9 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $158.4 billion (down 48.26% YoY) and the FY2025 annual result came in at $221.2 billion, up 7.21% from the prior year.
- Cost of Revenue declined to $10.9 billion in Q1 2026, from $59.1 billion in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $175.1 billion in Q4 2024 to a low of -$47.6 billion in Q4 2022.
- A 5-year average of $39.4 billion and a median of $31.3 billion in 2025 frame the typical range for Cost of Revenue.
- Annual changes were most pronounced in 2024 — Cost of Revenue jumped 677.61% — and 2026, when it sank 78.57%.
- Tracing CVS's Cost of Revenue over 5 years: stood at -$47.6 billion in 2022, then surged by 147.34% to $22.5 billion in 2023, then jumped by 677.61% to $175.1 billion in 2024, then sank by 66.27% to $59.1 billion in 2025, then sank by 81.47% to $10.9 billion in 2026.
- The last three Cost of Revenue figures came in at $10.9 billion (Q1 2026), $59.1 billion (Q4 2025), and $57.0 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 352.16 Bn | 320.69 Bn | 36.67 Bn | 75.36 Bn |
| 2 | Cvs Health | 118.83 Bn | 104.87 Bn | 47.23 Bn | 58.86 Bn |
| 3 | Elevance Health | 86.85 Bn | 50.89 Bn | 13.45 Bn | 37.02 Bn |
| 4 | Humana | 45.59 Bn | 21.72 Bn | 5.50 Bn | 35.37 Bn |
| 5 | Centene | 31.97 Bn | 4.92 Bn | 14.55 Bn | 39.03 Bn |
| 6 | Molina Healthcare | 10.21 Bn | 1.30 Bn | 1.43 Bn | 9.44 Bn |
| 7 | Oscar Health | 9.60 Bn | 1.05 Bn | 1.09 Bn | 3.79 Bn |
| 8 | Alignment Healthcare | 2.72 Bn | 2.02 Bn | 180.96 Mn | 1.15 Bn |
| 9 | Clover Health Investments | 2.17 Bn | 1.93 Bn | 153.00 Mn | 590.17 Mn |
| 10 | Progyny | 2.01 Bn | 1.77 Bn | 89.30 Mn | 261.21 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 58.86 Bn |
| Jun 30, 2026 | 58.86 Bn |
| Mar 31, 2026 | 10.94 Bn |
| Mar 31, 2026 | 10.94 Bn |
| Dec 31, 2025 | 59.06 Bn |
| Dec 31, 2025 | 59.06 Bn |
| Sep 30, 2025 | 57.05 Bn |
| Sep 30, 2025 | 57.05 Bn |
| Jun 30, 2025 | 31.32 Bn |
| Jun 30, 2025 | 31.32 Bn |
| Mar 31, 2025 | 51.06 Bn |
| Mar 31, 2025 | 51.06 Bn |
| Dec 31, 2024 | 175.10 Bn |
| Dec 31, 2024 | 175.10 Bn |
| Sep 30, 2024 | 29.92 Bn |
| Sep 30, 2024 | 29.92 Bn |
| Jun 30, 2024 | 50.00 Bn |
| Jun 30, 2024 | 50.00 Bn |
| Mar 31, 2024 | 48.07 Bn |
| Mar 31, 2024 | 48.07 Bn |