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CVS Health

CVS HealthCVSEarnings & Financial Report

NYSE · Health Care · Health Care Services

CVS Health Corporation is an American multinational healthcare company that owns CVS Pharmacy, a retail pharmacy chain; CVS Caremark, a pharmacy benefits manager; and Aetna, a health insurance provider, among many other brands. The company is the world's second largest healthcare company, behind UnitedHealth Group. In 2023, the company was ranked 64th in the Forbes Global 2000. CVS started in Lowell, Massachusetts by brothers Stanley and Sidney Goldstein and their partner Ralph Hoagland.

NextMay 1, 2026

CVS Q4 2025 Key Financial Metrics

营收

$105.7B

毛利润

$46.6B

营业利润

$2.1B

净利润

$2.9B

毛利率

44.1%

营业利润率

2.0%

净利率

2.8%

同比增长

8.2%

EPS

$2.31

资金流向

CVS Health Q4 2025 Financial Summary

CVS Health reported revenue of $105.7B for Q4 2025, with a net profit of $2.9B (2.8% margin). Cost of goods sold was $59.1B, operating expenses totaled $44.5B.

Key Financial Metrics

Total Revenue$105.7B
Net Profit$2.9B
Gross Margin44.1%
Operating Margin2.0%
Report PeriodQ4 2025

CVS Health Annual Revenue by Year

CVS Health annual revenue history includes year-by-year totals (for example, 2025 revenue was $402.1B).

YearAnnual Revenue
2025$402.1B
2024$372.8B
2023$357.8B
2022$322.5B

利润表

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
营收$88.44B$91.23B$95.43B$97.71B$94.59B$98.92B$102.87B$105.69B
同比增长3.7%2.6%6.3%4.2%7.0%8.4%7.8%8.2%

资产负债表

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
总资产$249.74B$252.48B$252.43B$253.22B$255.59B$258.34B$255.33B$253.54B
总负债$175.59B$177.37B$177.32B$177.49B$178.47B$180.79B$182.22B$178.16B
股东权益$73.97B$74.93B$74.94B$75.56B$76.93B$77.38B$72.93B$75.21B

现金流量表

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
经营性现金流$4.90B$3.09B$-745.0M$1.86B$4.56B$1.90B$796.0M$3.39B