Revenue
Net premiums earned
CVS Health Net premiums earned decreased by 0.7% to $33.79B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 3.0%, from $32.82B to $33.79B. Over 4 years (FY 2021 to FY 2025), Net premiums earned shows an upward trend with a 15.3% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementIncome Statement
SectionRevenue
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ1 2017
Last reportedQ1 2026May 6, 2026
How to read this metric
An increase indicates growth in the insurance book of business, while a decrease may signal shrinking market share or increased reinsurance activity.
Detailed definition
This represents the portion of insurance premiums that the company has recognized as revenue during the reporting period...
Peer comparison
Standard across all insurance carriers; peers typically report this as the primary top-line revenue driver.
Metric ID:
net_premiums_earnedHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | 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 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $18.98B | $18.98B | $19.21B | $21.63B | $21.26B | $21.00B | $21.44B | $24.35B | $25.11B | $24.66B | $25.08B | $30.39B | $30.67B | $30.93B | $30.91B | $32.82B | $34.20B | $33.72B | $34.02B | $33.79B |
| QoQ Change | — | +0.0% | +1.2% | +12.6% | -1.7% | -1.2% | +2.1% | +13.6% | +3.1% | -1.8% | +1.7% | +21.2% | +0.9% | +0.8% | -0.0% | +6.2% | +4.2% | -1.4% | +0.9% | -0.7% |
| YoY Change | — | — | — | — | +12.0% | +10.6% | +11.6% | +12.6% | +18.1% | +17.4% | +17.0% | +24.8% | +22.1% | +25.4% | +23.3% | +8.0% | +11.5% | +9.0% | +10.0% | +3.0% |
Range$18.98B – $34.20B
CAGR+12.9%
Avg YoY Growth+14.8%
Median YoY Growth+12.3%
Net premiums earned at Other Companies
Frequently Asked Questions
- What is CVS Health's net premiums earned?
- CVS Health (CVS) reported net premiums earned of $33.79B in Q1 2026.
- How has CVS Health's net premiums earned changed year-over-year?
- CVS Health's net premiums earned increased by 3.0% year-over-year, from $32.82B to $33.79B.
- What is the long-term trend for CVS Health's net premiums earned?
- Over 4 years (2021 to 2025), CVS Health's net premiums earned has grown at a 15.3% compound annual growth rate (CAGR), from $76.13B to $134.75B.
- What does net premiums earned mean?
- The revenue recognized from insurance premiums after accounting for reinsurance.