FINHUB Insights

HCA · Q1 FY25 · Jan 1 – Mar 31, 2025

HCA Healthcare Q1 FY25: where the revenue came from and where it went

HCA Healthcare Q1 FY25: revenue $18.3B (+6% year over year). Net profit $1.6B. Largest cohort Care & insurers $9.0B. The whole income statement as a sankey diagram from the SEC filing.

Period
Jan 1 – Mar 31, 2025
Reported
May 1, 2025 10-Q
Sankey diagram of HCA Healthcare's income statement for Q1 FY25: revenue of $18.32 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$18.32B +6% year over year
Operating profit$2.33B 13% margin
Net profit$1.61B 9% margin

The numbers

All figures in billions of U.S. dollars, for Q1 FY25 (period ends Mar 31, 2025).
ItemValueShare of revenueYear over year
Revenue 18.32 100% +6%
Care & insurers 9.04 49%
Managed medicare 3.30 18%
Medicare 2.90 16%
Medicaid 1.19 6%
Managed medicaid 0.88 5%
Other 0.57 3%
International (Managed care 0.45 2%
Compensation−8.0044%−1pp
D&A−0.865%+0pp
Interest−0.553%+0pp
Underwriting−3.8521%+0pp
G&A−0.131%+0pp
Other−2.6214%+0pp
Operating profit2.3313% margin+0pp
Tax−0.50
Interest & other costs−0.22
Net profit1.619%+0pp
Filing on EDGAR More quarters of HCA

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.