CVS Health (CVS) Revenue — Quarter Ended Jun 30, 2024
Revenue for the quarter increased compared to both the prior quarter and the same quarter last year. The sequential growth reversed a decline from the previous period, while the year-over-year rise continued a trend of expansion.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue for the quarter increased compared to both the prior quarter and the same quarter last year. The sequential growth reversed a decline from the previous period, while the year-over-year rise continued a trend of expansion.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$91.2B
Revenue reported for this quarter.
Quarter-over-quarter
+3.2%
Change from the immediately preceding quarter.
Year-over-year
+2.6%
Change from the comparable year-ago quarter.
Trailing four quarters
$363.2B
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 |
|---|---|---|
| Sep 30, 2023 | $89.8B | +10.6% |
| Dec 31, 2023 | $93.8B | +11.9% |
| Mar 31, 2024 | $88.4B | +3.7% |
| Jun 30, 2024 | $91.2B | +2.6% |
Revenue performance
Reported revenue was higher than the preceding quarter, marking a recovery from the prior period’s decline. Year-over-year revenue also increased, maintaining positive momentum.
Quarterly comparison
Compared to the immediately preceding quarter, revenue rose, reversing the previous quarter's decrease. Relative to the same quarter one year earlier, revenue was also higher, reflecting continued growth.
What to watch
The sequential revenue rebound after a prior-quarter decline may warrant attention for sustainability in coming periods.