Business Segments · Health care costs
Health Services — Health care costs
CVS Health Health Services — Health care costs increased by 8.1% to $1.40B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 42.5%, from $979.00M to $1.40B. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementSegment
CategoryProfitability
SignalLower is better
VolatilityModerate
First reportedQ1 2022
Last reportedQ4 2025
Rolls up toMedical costs
How to read this metric
An increase relative to revenue may indicate rising medical inflation or higher utilization of services by members.
Detailed definition
This represents the direct medical and clinical expenses incurred by the segment in providing healthcare services to mem...
Peer comparison
Standard metric for health insurers and managed care organizations to track medical loss ratios.
Metric ID:
cvs_segment_health_services_health_care_costsHistorical Data
16 periods
| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $0.00 | $0.00 | $0.00 | $0.00 | $401.75M | $401.75M | $401.75M | $401.75M | $701.00M | $791.00M | $936.00M | $979.00M | $1.05B | $1.10B | $1.29B | $1.40B |
| QoQ Change | — | — | — | — | — | +0.0% | +0.0% | +0.0% | +74.5% | +12.8% | +18.3% | +4.6% | +6.9% | +5.2% | +17.3% | +8.1% |
| YoY Change | — | — | — | — | — | — | — | — | +74.5% | +96.9% | +133.0% | +143.7% | +49.4% | +39.2% | +37.9% | +42.5% |
Range$0.00 – $1.40B
Avg YoY Growth+77.1%
Median YoY Growth+61.9%
Current Streak11+ quarters growth
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Frequently Asked Questions
- What is CVS Health's health services — health care costs?
- CVS Health (CVS) reported health services — health care costs of $1.40B in Q4 2025.
- How has CVS Health's health services — health care costs changed year-over-year?
- CVS Health's health services — health care costs increased by 42.5% year-over-year, from $979.00M to $1.40B.
- What does health services — health care costs mean?
- The direct costs of providing medical care and clinical services to patients.