HCA Healthcare (HCA) Operating Income (2010 - 2026)
HCA Healthcare (HCA) posted quarterly Operating Income of -$566.0 million for Q1 2026, up 62.71% YoY from -$347.8 million in Q1 2025, and up 88.27% sequentially from -$4.8 billion in Q4 2025.
HCA Healthcare (HCA) Operating Income (2010 - 2026) Analysis & Trends
HCA Healthcare has disclosed Operating Income across 17 years of filings, most recently posting -$566.0 million for Q1 2026.
- In Q1 2026, Operating Income rose 62.71% year-over-year to -$566.0 million; the TTM figure through Mar 2026 stood at -$7.6 billion (up 19.89% YoY), while the FY2025 annual figure was $2.1 billion, up 15.36% from the prior year.
- Operating Income improved to -$566.0 million in Q1 2026, from -$4.8 billion in the prior quarter.
- Over the last five years, Operating Income for HCA reached as high as -$424.0 million in Q1 2024 and fell as low as -$4.8 billion in Q4 2025.
- The 5-year median for Operating Income is -$972.0 million (2023), against an average of -$1.6 billion.
- Annual changes were most pronounced in 2022 — Operating Income tumbled 272.21% — and 2025, when it jumped 69.05%.
- A 5-year view of Operating Income shows it stood at -$911.0 million in 2022, then plunged by 252.58% to -$3.2 billion in 2023, then plunged by 47.07% to -$4.7 billion in 2024, then declined by 2.12% to -$4.8 billion in 2025, then jumped by 88.27% to -$566.0 million in 2026.
- According to Business Quant data, Operating Income over the past three periods registered -$566.0 million, -$4.8 billion, and -$1.7 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 87.94 Bn | 90.32 Bn | 16.26 Bn | -566.00 Mn |
| 2 | Chemed | 18.08 Bn | 18.07 Bn | 215.76 Mn | 84.58 Mn |
| 3 | Tenet Healthcare | 16.59 Bn | 15.76 Bn | 4.41 Bn | 1.30 Bn |
| 4 | Davita | 15.37 Bn | 16.23 Bn | 1.07 Bn | 481.89 Mn |
| 5 | Encompass Health | 10.07 Bn | 10.70 Bn | 1.34 Bn | 59.70 Mn |
| 6 | Ensign | 9.52 Bn | 8.93 Bn | 293.37 Mn | 124.85 Mn |
| 7 | Universal Health Services | 9.19 Bn | 9.15 Bn | 3.21 Bn | 502.86 Mn |
| 8 | Pacs | 6.96 Bn | 6.72 Bn | 345.96 Mn | 120.04 Mn |
| 9 | Ww International | 6.14 Bn | 5.98 Bn | -149.29 Mn | -34.14 Mn |
| 10 | Brookdale Senior Living | 3.76 Bn | 3.50 Bn | 727.83 Mn | 51.78 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -566.00 Mn |
| Dec 31, 2025 | -4.82 Bn |
| Sep 30, 2025 | -1.74 Bn |
| Jun 30, 2025 | -429.00 Mn |
| Mar 31, 2025 | -1.52 Bn |
| Dec 31, 2024 | -4.72 Bn |
| Sep 30, 2024 | -1.81 Bn |
| Jun 30, 2024 | -1.39 Bn |
| Mar 31, 2024 | -424.00 Mn |
| Dec 31, 2023 | -3.21 Bn |
| Sep 30, 2023 | -787.00 Mn |
| Jun 30, 2023 | -669.00 Mn |
| Mar 31, 2023 | -972.00 Mn |
| Dec 31, 2022 | -911.00 Mn |
| Sep 30, 2022 | -1.16 Bn |
| Jun 30, 2022 | -933.00 Mn |
| Mar 31, 2022 | -507.00 Mn |
| Dec 31, 2021 | 529.00 Mn |
| Sep 30, 2021 | 694.00 Mn |
| Jun 30, 2021 | -356.00 Mn |