HCA HealthcareHCAEarnings & Financial Report
HCA Healthcare, Inc. is an American global for-profit operator of health care facilities that was founded in 1968. It is based in Nashville, Tennessee, and, as of May 2020, owned and operated 186 hospitals and approximately 2,400 sites of care, including surgery centers, freestanding emergency rooms, urgent care centers and physician clinics in 20 states and the United Kingdom.
HCA Q4 2025 Key Financial Metrics
Revenue
$19.5B
Gross Profit
N/A
Operating Profit
N/A
Net Profit
$1.9B
Gross Margin
N/A
Operating Margin
N/A
Net Margin
9.6%
YoY Growth
6.7%
EPS
$8.09
Financial Flow
HCA Healthcare Q4 2025 Financial Summary
HCA Healthcare reported revenue of $19.5B for Q4 2025, with a net profit of $1.9B (9.6% margin). Cost of goods sold was N/A, operating expenses totaled N/A.
Key Financial Metrics
| Total Revenue | $19.5B |
|---|---|
| Net Profit | $1.9B |
| Gross Margin | N/A |
| Operating Margin | N/A |
| Report Period | Q4 2025 |
HCA Healthcare Annual Revenue by Year
HCA Healthcare annual revenue history includes year-by-year totals (for example, 2025 revenue was $75.6B).
| Year | Annual Revenue |
|---|---|
| 2025 | $75.6B |
| 2024 | $70.6B |
| 2023 | $65.0B |
| 2022 | $60.2B |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $17.34B | $17.49B | $17.49B | $18.29B | $18.32B | $18.61B | $19.16B | $19.51B |
| YoY Growth | 11.2% | 10.3% | 7.9% | 5.7% | 5.7% | 6.4% | 9.6% | 6.7% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $56.96B | $57.38B | $59.46B | $59.51B | $59.80B | $59.54B | $59.75B | $60.72B |
| Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Equity | $-1.61B | $-1.60B | $-2.18B | $-2.50B | $-3.52B | $-4.39B | $-5.33B | $-6.03B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $2.47B | $1.97B | $3.52B | $2.56B | $1.65B | $4.21B | $4.42B | $2.36B |
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