CVS Health (CVS) Revenue — Quarter Ended Dec 31, 2023
Revenue increased in the quarter. The growth was positive compared with both the immediately preceding quarter and the same quarter one year earlier.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 Q4
Revenue increased in the quarter. The growth was positive compared with both the immediately preceding quarter and the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$93.8B
Revenue reported for this quarter.
Quarter-over-quarter
+4.5%
Change from the immediately preceding quarter.
Year-over-year
+11.9%
Change from the comparable year-ago quarter.
Trailing four quarters
$357.8B
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 |
|---|---|---|
| Mar 31, 2023 | $85.3B | +11.0% |
| Jun 30, 2023 | $88.9B | +10.3% |
| Sep 30, 2023 | $89.8B | +10.6% |
| Dec 31, 2023 | $93.8B | +11.9% |
Revenue performance
Reported revenue moved higher during the quarter, continuing the upward trajectory observed across recent periods. The year-earlier comparison also showed an increase.
Quarterly comparison
The current quarter's revenue exceeded both the prior quarter's level and the level from the same quarter one year ago. The filing context does not provide specific explanations for these movements.
What to watch
Note that the revenue for the quarter was the highest among the four reported quarters in the trailing twelve months.