Cvs Health (CVS) Cost of Revenue (2009 - 2026)
Cvs Health posted quarterly Cost of Revenue of $29.4 billion for Q1 2026, up 0.77% year-on-year from $29.1 billion in Q1 2025, and down 77.19% on a QoQ basis from $128.7 billion in Q4 2025.
Cvs Health (CVS) has 18 years of Cost of Revenue data on file, last reported at $29.4 billion in Q1 2026.
- For the quarter ending Q1 2026, Cost of Revenue rose 0.77% year-over-year to $29.4 billion; the trailing twelve-month figure through Mar 2026 stood at $200.7 billion (up 49.78% YoY), and the FY2025 full-year result was $221.2 billion, up 92.12% from the prior year.
- Cost of Revenue for Q1 2026 stood at $29.4 billion, down from $128.7 billion in the prior quarter.
- Across five years, Cost of Revenue topped out at $128.7 billion in Q4 2025 and bottomed at $10.3 billion in Q2 2024.
- The 5-year median for Cost of Revenue is $31.3 billion (2025), against an average of $41.2 billion.
- Peak annual rise in Cost of Revenue reached 213.2% in 2022, while the deepest fall reached 85.75% in 2022.
- A 5-year view of Cost of Revenue shows it stood at $18.3 billion in 2022, then soared by 211.73% to $56.9 billion in 2023, then jumped by 47.47% to $83.9 billion in 2024, then surged by 53.33% to $128.7 billion in 2025, then slumped by 77.19% to $29.4 billion in 2026.
- The last three Cost of Revenue figures came in at $29.4 billion (Q1 2026), $128.7 billion (Q4 2025), and $11.3 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 345.31 Bn | 315.51 Bn | 98.90 Bn | 12.82 Bn |
| 2 | Cvs Health | 115.41 Bn | 103.79 Bn | 4.43 Bn | 29.36 Bn |
| 3 | Elevance Health | 88.60 Bn | 53.18 Bn | 13.88 Bn | 35.62 Bn |
| 4 | Cigna | 72.05 Bn | 64.43 Bn | -44.29 Bn | 54.10 Bn |
| 5 | Humana | 39.05 Bn | 17.15 Bn | 4.00 Bn | 33.71 Bn |
| 6 | Centene | 30.50 Bn | 6.84 Bn | 49.24 Bn | 702.00 Mn |
| 7 | Molina Healthcare | 9.31 Bn | 60.65 Mn | 1.53 Bn | 9.27 Bn |
| 8 | Oscar Health | 6.86 Bn | 63.05 Mn | -3.22 Bn | 3.23 Bn |
| 9 | Alignment Healthcare | 2.69 Bn | 1.96 Bn | 135.85 Mn | 1.09 Bn |
| 10 | Progyny | 2.12 Bn | 1.90 Bn | 83.07 Mn | 245.43 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 29.36 Bn |
| Mar 31, 2026 | 29.36 Bn |
| Dec 31, 2025 | 128.70 Bn |
| Dec 31, 2025 | 128.70 Bn |
| Sep 30, 2025 | 11.29 Bn |
| Sep 30, 2025 | 11.29 Bn |
| Jun 30, 2025 | 31.32 Bn |
| Jun 30, 2025 | 31.32 Bn |
| Mar 31, 2025 | 29.14 Bn |
| Mar 31, 2025 | 29.14 Bn |
| Dec 31, 2024 | 83.94 Bn |
| Dec 31, 2024 | 83.94 Bn |
| Sep 30, 2024 | 10.56 Bn |
| Sep 30, 2024 | 10.56 Bn |
| Jun 30, 2024 | 10.34 Bn |
| Jun 30, 2024 | 10.34 Bn |
| Mar 31, 2024 | 48.07 Bn |
| Mar 31, 2024 | 48.07 Bn |
| Dec 31, 2023 | 56.92 Bn |
| Dec 31, 2023 | 56.92 Bn |
| Sep 30, 2023 | 54.69 Bn |
| Sep 30, 2023 | 54.69 Bn |
| Jun 30, 2023 | 53.54 Bn |
| Jun 30, 2023 | 53.54 Bn |
| Mar 31, 2023 | 20.45 Bn |
| Mar 31, 2023 | 20.45 Bn |
| Dec 31, 2022 | 18.26 Bn |
| Dec 31, 2022 | 18.26 Bn |
| Sep 30, 2022 | 50.37 Bn |
| Sep 30, 2022 | 50.37 Bn |
| Jun 30, 2022 | 17.49 Bn |
| Jun 30, 2022 | 17.49 Bn |
| Mar 31, 2022 | 45.51 Bn |
| Mar 31, 2022 | 45.51 Bn |
| Dec 31, 2021 | 128.12 Bn |
| Dec 31, 2021 | 128.12 Bn |
| Sep 30, 2021 | 16.08 Bn |
| Sep 30, 2021 | 16.08 Bn |
| Jun 30, 2021 | 43.52 Bn |
| Jun 30, 2021 | 43.52 Bn |
| Mar 31, 2021 | 40.89 Bn |
| Mar 31, 2021 | 40.89 Bn |
| Dec 31, 2020 | 42.45 Bn |
| Dec 31, 2020 | 42.45 Bn |
| Sep 30, 2020 | 40.94 Bn |
| Sep 30, 2020 | 40.94 Bn |
| Jun 30, 2020 | 40.24 Bn |
| Jun 30, 2020 | 40.24 Bn |
| Mar 31, 2020 | 40.35 Bn |
| Mar 31, 2020 | 40.35 Bn |
| Dec 31, 2019 | 13.13 Bn |
| Dec 31, 2019 | 13.13 Bn |
| Sep 30, 2019 | 40.44 Bn |
| Sep 30, 2019 | 40.44 Bn |
| Jun 30, 2019 | 38.97 Bn |
| Jun 30, 2019 | 38.97 Bn |
| Mar 31, 2019 | 13.46 Bn |
| Mar 31, 2019 | 13.46 Bn |
| Dec 31, 2018 | -109.29 Bn |
| Dec 31, 2018 | -109.29 Bn |
| Sep 30, 2018 | 39.50 Bn |
| Sep 30, 2018 | 39.50 Bn |
| Jun 30, 2018 | 38.88 Bn |
| Jun 30, 2018 | 38.88 Bn |
| Mar 31, 2018 | 1.33 Bn |
| Mar 31, 2018 | 1.33 Bn |
| Dec 31, 2017 | 139.38 Bn |
| Dec 31, 2017 | 139.38 Bn |
| Sep 30, 2017 | 39.06 Bn |
| Sep 30, 2017 | 39.06 Bn |
| Jun 30, 2017 | 38.76 Bn |
| Jun 30, 2017 | 38.76 Bn |
| Mar 31, 2017 | 37.94 Bn |
| Mar 31, 2017 | 37.94 Bn |
| Dec 31, 2016 | -91.86 Bn |
| Dec 31, 2016 | -91.86 Bn |
| Sep 30, 2016 | 37.12 Bn |
| Sep 30, 2016 | 37.12 Bn |
| Jun 30, 2016 | 36.71 Bn |
| Jun 30, 2016 | 36.71 Bn |
| Mar 31, 2016 | 36.47 Bn |
| Mar 31, 2016 | 36.47 Bn |
| Dec 31, 2015 | 33.85 Bn |
| Dec 31, 2015 | 33.85 Bn |
| Sep 30, 2015 | 31.98 Bn |
| Sep 30, 2015 | 31.98 Bn |
| Jun 30, 2015 | 30.77 Bn |
| Jun 30, 2015 | 30.77 Bn |
| Mar 31, 2015 | 30.17 Bn |
| Mar 31, 2015 | 30.17 Bn |
| Dec 31, 2014 | 30.42 Bn |
| Dec 31, 2014 | 30.42 Bn |
| Sep 30, 2014 | 28.55 Bn |
| Sep 30, 2014 | 28.55 Bn |
| Jun 30, 2014 | 28.28 Bn |
| Jun 30, 2014 | 28.28 Bn |
| Mar 31, 2014 | 26.75 Bn |
| Mar 31, 2014 | 26.75 Bn |
| Dec 31, 2013 | 26.49 Bn |
| Dec 31, 2013 | 26.49 Bn |
| Sep 30, 2013 | 25.91 Bn |
| Sep 30, 2013 | 25.91 Bn |
| Jun 30, 2013 | 25.41 Bn |
| Jun 30, 2013 | 25.41 Bn |
| Mar 31, 2013 | 25.17 Bn |
| Mar 31, 2013 | 25.17 Bn |
| Dec 31, 2012 | 25.10 Bn |
| Dec 31, 2012 | 25.10 Bn |
| Sep 30, 2012 | 24.58 Bn |
| Sep 30, 2012 | 24.58 Bn |
| Jun 30, 2012 | 25.27 Bn |
| Jun 30, 2012 | 25.27 Bn |
| Mar 31, 2012 | 25.69 Bn |
| Mar 31, 2012 | 25.69 Bn |
| Dec 31, 2011 | 22.74 Bn |
| Dec 31, 2011 | 22.74 Bn |
| Sep 30, 2011 | 21.50 Bn |
| Sep 30, 2011 | 21.50 Bn |
| Jun 30, 2011 | 21.33 Bn |
| Jun 30, 2011 | 21.33 Bn |
| Mar 31, 2011 | 20.95 Bn |
| Mar 31, 2011 | 20.95 Bn |
| Dec 31, 2010 | 19.14 Bn |
| Dec 31, 2010 | 19.14 Bn |
| Sep 30, 2010 | 18.70 Bn |
| Sep 30, 2010 | 18.70 Bn |
| Jun 30, 2010 | 18.99 Bn |
| Jun 30, 2010 | 18.99 Bn |
| Mar 31, 2010 | 19.01 Bn |
| Mar 31, 2010 | 19.01 Bn |
| Dec 31, 2009 | 19.76 Bn |
| Dec 31, 2009 | 19.76 Bn |
| Sep 30, 2009 | 19.63 Bn |
| Sep 30, 2009 | 19.63 Bn |
| Jun 30, 2009 | 19.82 Bn |
| Jun 30, 2009 | 19.82 Bn |
| Mar 31, 2009 | 18.65 Bn |
| Mar 31, 2009 | 18.65 Bn |