CVS Health (CVS) Revenue — Quarter Ended Sep 30, 2025
Revenue for the quarter increased compared to both the prior quarter and the same quarter last year.
Key takeaway
Quarter ended Sep 30, 2025 · FY2025 Q3
Revenue for the quarter increased compared to both the prior quarter and the same quarter last year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$102.9B
Revenue reported for this quarter.
Quarter-over-quarter
+4.0%
Change from the immediately preceding quarter.
Year-over-year
+7.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$394.1B
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 |
|---|---|---|
| Dec 31, 2024 | $97.7B | +4.2% |
| Mar 31, 2025 | $94.6B | +7.0% |
| Jun 30, 2025 | $98.9B | +8.4% |
| Sep 30, 2025 | $102.9B | +7.8% |
Revenue performance
The quarter’s revenue was higher than the immediately preceding quarter and also higher than the year-ago quarter.
Quarterly comparison
Sequentially, revenue rose from the June quarter, and on a year-over-year basis, revenue also grew.
What to watch
Operating cash flow for the first nine months was essentially unchanged from the prior year, which may be worth monitoring.