FINHUB Insights

CVS · Q1 FY26 · Jan 1 – Mar 31, 2026

CVS Health Q1 FY26: where the revenue came from and where it went

CVS Health Q1 FY26: revenue $100.4B (+6% year over year). Net profit $2.9B. Largest cohort Health services $42.6B. The whole income statement as a sankey diagram from the SEC filing.

Period
Jan 1 – Mar 31, 2026
Reported
May 6, 2026 10-Q
Sankey diagram of CVS Health's income statement for Q1 FY26: revenue of $100.43 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

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

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Mar 31, 2026).
ItemValueShare of revenueYear 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−55.4455%
Gross profit44.9845% margin−1pp
Operating expenses−40.3040%+0pp
Operating profit4.685% margin+1pp
Tax−0.98
Interest & other costs−0.76
Net profit2.943%+1pp
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.