HCA Healthcare (HCA) Revenue — Quarter Ended Jun 30, 2023
Revenue for the quarter increased compared to both the immediately preceding quarter and the same quarter one year earlier. This extends the positive trajectory seen in recent periods.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q2
Revenue for the quarter increased compared to both the immediately preceding quarter and the same quarter one year earlier. This extends the positive trajectory seen in recent periods.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$15.9B
Revenue reported for this quarter.
Quarter-over-quarter
+1.7%
Change from the immediately preceding quarter.
Year-over-year
+7.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$61.9B
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 |
|---|---|---|
| Sep 30, 2022 | $15B | -2.0% |
| Dec 31, 2022 | $15.5B | +2.9% |
| Mar 31, 2023 | $15.6B | +4.3% |
| Jun 30, 2023 | $15.9B | +7.0% |
Revenue performance
Revenue rose during the quarter, building on prior gains.
Quarterly comparison
The current quarter's revenue was higher than both the prior quarter and the same period a year ago, reflecting continued growth.
What to watch
Working capital decreased primarily due to an increase in long-term debt maturing within one year, a factor to monitor in upcoming periods.