CVS Health (CVS) Revenue — Quarter Ended Mar 31, 2023
Revenue increased for the quarter. The growth compares favorably with both the prior quarter and the same quarter a year earlier.
Key takeaway
Quarter ended Mar 31, 2023 · FY2023 Q1
Revenue increased for the quarter. The growth compares favorably with both the prior quarter and the same quarter a year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$85.3B
Revenue reported for this quarter.
Quarter-over-quarter
+1.7%
Change from the immediately preceding quarter.
Year-over-year
+11.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$330.9B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2022 | $80.6B | +11.0% |
| Sep 30, 2022 | $81.2B | +10.0% |
| Dec 31, 2022 | $83.8B | +9.5% |
| Mar 31, 2023 | $85.3B | +11.0% |
Revenue performance
The reported revenue rose versus the immediately preceding quarter and showed a strong increase compared with the same quarter one year prior.
Quarterly comparison
Sequentially, revenue improved from the prior quarter. On an annual basis, revenue was higher than the same quarter last year, continuing the upward trend seen in recent quarters.
What to watch
The filing contains risk factors and management discussion; any changes in those areas may affect future revenue.