CVS Health revenue and financials

CVS · NYSE · USD

$86.43−0.67%−$0.58

Close · October 6, 2026

In the fiscal year ended December 2025, CVS Health reported revenue of $402.07B (+7.85% year over year). Net income was $1.77B, a net margin of 0.4%.

Annual revenue · 2025: $402.07B
  1. $177.55B2016
  2. $184.79B2017
  3. $194.58B2018
  4. $256.78B2019
  5. $268.71B2020
  6. $292.11B2021
  7. $322.47B2022
  8. $357.78B2023
  9. $372.81B2024
  10. $402.07B2025

Fiscal year ending in December. Sources and method on the page Methodology and sources.

At a glance

Revenue growth
+7.85%
2025 vs 2024
Net income growth
−61.68%
2025 vs 2024
Net margin
0.4%
2024: 1.2%

Financial data

Amounts in millions of USD; per-share values in USD; shares in millions.

ItemQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023
Total assets253,768252,974253,538255,327258,343255,585253,215252,427252,481249,743249,728251,306
Current assets75,34674,81774,71477,10975,64973,19168,64567,34369,95267,47367,85870,143
Cash and equivalents11,3299,5428,4539,09811,78710,0768,5866,87512,5079,8018,19613,043
Short-term investments2,6292,2602,1452,1342,3862,5782,4072,8053,7553,2883,2593,145
Receivables40,30940,99239,77943,85740,65139,62536,46936,17932,38532,21735,22732,927
Inventory17,62217,77019,24618,96217,44717,38518,10717,64916,06816,34618,02517,954
Net property, plant and equipment27,61927,77828,05628,10928,33728,56028,93728,95929,93330,08230,43530,586
Goodwill85,47885,47885,47885,47891,20391,20391,27291,27291,27291,27291,27291,261
Other intangible assets24,64425,07025,50825,98426,22426,57027,32327,81728,31128,77029,23429,624
Long-term investments33,24732,40732,66931,55329,85828,90628,93428,93925,02824,07423,01921,667
Current liabilities87,04186,40688,69292,69594,16288,96184,60984,62781,38683,31979,18981,553
Accounts payable17,16716,92217,64117,76417,25816,53415,89215,71314,41613,71714,89714,874
Long-term debt59,45260,53159,23759,15157,29059,04059,23258,45161,26457,69457,31358,289
Total debt76,30678,34579,95081,75282,724———————
Total liabilities173,869175,337178,156182,217180,792178,475177,485177,321177,370175,593173,092176,796
Total equity (incl. minority)79,89977,63775,38273,11077,55177,11075,73075,10675,11174,15076,63674,510
Retained earnings65,39863,28261,19659,10763,93663,76862,83762,03862,79761,87361,60460,343
Minority interest197181168182172181170162181182175173