HCA Healthcare (HCA) Gross Margin (2010 - 2026)

HCA Healthcare has disclosed Gross Margin across 17 years of filings, most recently posting 85.07% for Q1 2026.

• In Q1 2026, Gross Margin rose 606.0% year-over-year to 85.07%; the TTM figure through Mar 2026 stood at 77.28% (up 249.0% YoY), while the FY2025 annual figure was 78.99%, down 2.0% from the prior year.
• Gross Margin grew to 85.07% in Q1 2026, from 61.58% in the prior quarter.
• Over the last five years, Gross Margin for HCA reached as high as 85.09% in Q3 2023 and fell as low as 61.58% in Q4 2025.
• The 5-year median for Gross Margin is 80.9% (2022), against an average of 78.39%.
• Annual changes were most pronounced in 2022 — Gross Margin sank 1353 bps — and 2026, when it jumped 606 bps.
• A 5-year view of Gross Margin shows it stood at 72.81% in 2022, then retreated by 7 bps to 67.88% in 2023, then declined by 8 bps to 62.5% in 2024, then retreated by 1 bps to 61.58% in 2025, then surged by 38 bps to 85.07% in 2026.
• According to Business Quant data, Gross Margin over the past three periods registered 85.07%, 61.58%, and 78.28% for Q1 2026, Q4 2025, and Q3 2025 respectively.