HCA Healthcare (HCA) Cost of Revenue (2010 - 2026)

HCA Healthcare (HCA) has 17 years of Cost of Revenue data on file, last reported at $2.9 billion in Q1 2026.

• Quarterly Cost of Revenue fell 25.8% year-over-year to $2.9 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $17.4 billion (down 3.81% YoY) and the FY2025 annual result came in at $15.9 billion, up 7.2% from the prior year.
• Cost of Revenue declined to $2.9 billion in Q1 2026 per HCA's latest filing, from $7.5 billion in the prior quarter.
• Across five years, Cost of Revenue topped out at $7.5 billion in Q4 2025 and bottomed at $2.3 billion in Q1 2022.
• The 5-year median for Cost of Revenue is $2.9 billion (2023), against an average of $3.7 billion.
• The widest annual swing landed in 2022, when Cost of Revenue jumped 104.81%; it then retreated 25.8% in 2026.
• Tracing HCA's Cost of Revenue over 5 years: stood at $4.2 billion in 2022, then soared by 31.9% to $5.6 billion in 2023, then gained by 23.39% to $6.9 billion in 2024, then gained by 9.32% to $7.5 billion in 2025, then tumbled by 61.94% to $2.9 billion in 2026.
• Per Business Quant, the three latest HCA Cost of Revenue figures stand at $2.9 billion (Q1 2026), $7.5 billion (Q4 2025), and $4.2 billion (Q3 2025).

Peer Comparison