HCA Healthcare (HCA) Revenue — Quarter Ended Mar 31, 2025
Revenue for the current quarter increased compared to both the immediately preceding quarter and the same quarter one year earlier. The growth was modest sequentially but more substantial on a year-over-year basis.
Key takeaway
Quarter ended Mar 31, 2025 · FY2025 Q1
Revenue for the current quarter increased compared to both the immediately preceding quarter and the same quarter one year earlier. The growth was modest sequentially but more substantial on a year-over-year basis.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$18.3B
Revenue reported for this quarter.
Quarter-over-quarter
+0.2%
Change from the immediately preceding quarter.
Year-over-year
+5.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$71.6B
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, 2024 | $17.5B | +10.3% |
| Sep 30, 2024 | $17.5B | +7.9% |
| Dec 31, 2024 | $18.3B | +5.7% |
| Mar 31, 2025 | $18.3B | +5.7% |
Revenue performance
The reported revenue was slightly above the level of the prior quarter, reflecting a marginal sequential uptick. Year over year, revenue rose at a moderate pace.
Quarterly comparison
Sequentially, revenue remained nearly flat with a very slight increase. On an annual basis, revenue was higher than the same quarter last year.
What to watch
Cash provided by operating activities declined compared to the prior year's first quarter, as noted in the filing.