FINHUB Insights

CVS · Q3 FY24 · Jul 1 – Sep 30, 2024

CVS Health Q3 FY24: where the revenue came from and where it went

CVS Health Q3 FY24: revenue $95.4B (+6% year over year). Net profit $0.1B. Largest cohort Health Services $40.8B. The whole income statement as a sankey diagram from the SEC filing.

Period
Jul 1 – Sep 30, 2024
Reported
Nov 6, 2024 10-Q
Sankey diagram of CVS Health's income statement for Q3 FY24: revenue of $95.4 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$95.4B +6% year over year
Gross profit$42.5B 45% margin
Operating profit$0.8B 1% margin
Net profit$0.1B 0% margin

The numbers

All figures in billions of U.S. dollars, for Q3 FY24 (period ends Sep 30, 2024).
ItemValueShare of revenueYear over year
Revenue 95.4 100% +6%
Health Services 40.8 43%
Health Care Benefits 32.6 34%
Premiums 30.9 32%
Front Store 5.2 5%
Cost of revenue−52.955%
Gross profit42.545% margin+5pp
Operating expenses−41.644%+0pp
Operating profit0.81% margin−3pp
Interest & other costs−0.7
Net profit0.10%−2pp
Filing on EDGAR More quarters of CVS

Source of the numbers: tables in the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.

Older quarters