CVS Health Q1 FY26: where the revenue came from and where it went
The whole income statement of CVS Health for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Jan 1 – Mar 31, 2026
- Reported
- May 6, 2026
Revenue$100.43B
+6% year over year
Gross profit$44.98B
45% margin
Operating profit$4.68B
5% margin
Net profit$2.94B
3% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 100.43 | 100% | +6% |
| Health services | 42.61 | 42% | |
| Health care benefits | 35.48 | 35% | |
| Pharmacy & consumer wellness | 21.75 | 22% | |
| Other | 0.57 | 1% | |
| Corporate/ other | 0.01 | 0% | |
| Cost of revenue | −55.44 | 55% | |
| Gross profit | 44.98 | 45% margin | −1pp |
| Operating expenses | −40.30 | 40% | |
| Operating profit | 4.68 | 5% margin | +1pp |
| Interest & other costs | −0.76 | ||
| Tax | −0.98 | ||
| Net profit | 2.94 | 3% margin | +1pp |
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