HCA Healthcare (HCA) Revenue — Quarter Ended Jun 30, 2025
Revenue for the quarter increased compared with the immediately preceding quarter and also rose relative to the same quarter one year earlier. The year-over-year growth was more pronounced than the sequential change.
Key takeaway
Quarter ended Jun 30, 2025 · FY2025 Q2
Revenue for the quarter increased compared with the immediately preceding quarter and also rose relative to the same quarter one year earlier. The year-over-year growth was more pronounced than the sequential change.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$18.6B
Revenue reported for this quarter.
Quarter-over-quarter
+1.6%
Change from the immediately preceding quarter.
Year-over-year
+6.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$72.7B
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, 2024 | $17.5B | +7.9% |
| Dec 31, 2024 | $18.3B | +5.7% |
| Mar 31, 2025 | $18.3B | +5.7% |
| Jun 30, 2025 | $18.6B | +6.4% |
Revenue performance
Reported revenue moved higher, continuing the upward trend observed in recent periods. The quarter's total exceeded both the prior quarter and the comparable period a year ago.
Quarterly comparison
Sequentially, revenue increased from the prior quarter. On a year-over-year basis, revenue also registered a gain, with the annual increase outpacing the sequential change.
What to watch
The filing includes a discussion of a substantial rise in operating cash flows and a shift from positive to negative working capital, which may warrant attention in future periods.