HCA Healthcare (HCA) Revenue — Quarter Ended Mar 31, 2026
Revenue for the quarter declined compared to the immediately preceding quarter, but rose compared to the same period one year earlier. The sequential decrease follows several quarters of growth, while the year-over-year gain reflects continued expansion.
Key takeaway
Quarter ended Mar 31, 2026 · FY2026 Q1
Revenue for the quarter declined compared to the immediately preceding quarter, but rose compared to the same period one year earlier. The sequential decrease follows several quarters of growth, while the year-over-year gain reflects continued expansion.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$19.1B
Revenue reported for this quarter.
Quarter-over-quarter
-2.1%
Change from the immediately preceding quarter.
Year-over-year
+4.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$76.4B
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, 2025 | $18.6B | +6.4% |
| Sep 30, 2025 | $19.2B | +9.6% |
| Dec 31, 2025 | $19.5B | +6.7% |
| Mar 31, 2026 | $19.1B | +4.3% |
Revenue performance
The company reported lower revenue versus the prior quarter, breaking a streak of increases. However, revenue was higher than the same quarter a year ago, indicating sustained demand.
Quarterly comparison
After three consecutive quarters of growth, revenue edged down in the latest period. Compared to the year-ago period, the top line was still ahead.
What to watch
Investors should monitor whether the sequential decline marks the start of a new trend or is a temporary pause.