Cvs Health (CVS) Cost of Revenue (2009 - 2026)

Cvs Health (CVS) posted Cost of Revenue of $10.9 billion for Q1 2026, down 81.47% on a QoQ basis from $59.1 billion in Q4 2025, and down 78.57% year-over-year from $51.1 billion in Q1 2025.

Cvs Health (CVS) Cost of Revenue (2009 - 2026) Analysis & Trends

Cvs Health's Cost of Revenue history runs 18 years deep, the most recent figure standing at $10.9 billion for 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 was $10.9 billion for Q1 2026 at Cvs Health, down from $59.1 billion in the prior quarter.
  • Across five years, Cost of Revenue topped out at $175.1 billion in Q4 2024 and bottomed at -$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 plunged 78.57%.
  • Cvs Health's Cost of Revenue stood at -$47.6 billion in 2022, then jumped by 147.34% to $22.5 billion in 2023, then soared by 677.61% to $175.1 billion in 2024, then tumbled by 66.27% to $59.1 billion in 2025, then tumbled by 81.47% to $10.9 billion in 2026.
  • Business Quant data shows CVS's Cost of Revenue at $10.9 billion in Q1 2026, $59.1 billion in Q4 2025, and $57.0 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Unitedhealth 378.05 Bn 346.83 Bn 38.23 Bn 73.49 Bn
2 Cvs Health 136.47 Bn 124.66 Bn 22.85 Bn 10.94 Bn
3 Elevance Health 81.93 Bn 45.98 Bn 35.79 Bn 5.49 Bn
4 Cigna 76.59 Bn 68.73 Bn -44.29 Bn 54.10 Bn
5 Humana 45.95 Bn 23.98 Bn 5.94 Bn 33.71 Bn
6 Centene 31.19 Bn 7.45 Bn 43.95 Bn 702.00 Mn
7 Molina Healthcare 10.26 Bn 1.34 Bn 1.43 Bn 9.44 Bn
8 Oscar Health 8.47 Bn 1.67 Bn 1.42 Bn 3.23 Bn
9 Alignment Healthcare 3.84 Bn 3.11 Bn 144.48 Mn 1.09 Bn
10 Progyny 2.56 Bn 2.34 Bn 83.07 Mn 245.43 Mn

Historic Data

Download Data
DateValue
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
Dec 31, 2023 22.52 Bn
Dec 31, 2023 22.52 Bn