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Business Segments · Adjusted operating income (loss)

Health Services — Adjusted operating income (loss)

CVS Health Health Services — Adjusted operating income (loss) decreased by 22.6% to $1.49B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 7.1%, from $1.6B to $1.49B. Over 4 years (FY 2021 to FY 2025), Health Services — Adjusted operating income (loss) shows relatively stable performance with a 1.0% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityStable
First reportedQ1 2021
Last reportedQ1 2026May 6, 2026

How to read this metric

An increase indicates improved operational efficiency and stronger core business performance.

Detailed definition

This represents the segment's profitability after accounting for core operational revenues and expenses, adjusted for no...

Peer comparison

Standard adjusted operating profit metric used across all public companies to compare core performance.

Metric ID: cvs_segment_health_services_adjusted_operating_income_loss

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$1.71B$1.71B$1.71B$1.64B$1.86B$1.88B$1.41B$1.68B$1.89B$1.88B$1.86B$1.36B$1.92B$2.2B$1.76B$1.6B$1.58B$2.05B$1.92B$1.49B
QoQ Change+0.0%+0.0%-4.6%+13.4%+1.2%-24.7%+18.9%+12.7%-0.8%-1.0%-26.7%+40.5%+15.1%-20.1%-9.0%-1.7%+30.2%-6.2%-22.6%
YoY Change+8.2%+9.5%-17.6%+2.7%+2.1%+0.1%+31.6%-18.9%+1.1%+17.4%-5.3%+17.6%-17.8%-7.0%+9.2%-7.1%
Range$1.36B$2.2B
CAGR-2.9%
Avg YoY Growth+1.6%
Median YoY Growth+1.6%
Current Streak2 quarters decline

Frequently Asked Questions

What is CVS Health's health services — adjusted operating income (loss)?
CVS Health (CVS) reported health services — adjusted operating income (loss) of $1.49B in Q1 2026.
How has CVS Health's health services — adjusted operating income (loss) changed year-over-year?
CVS Health's health services — adjusted operating income (loss) decreased by 7.1% year-over-year, from $1.6B to $1.49B.
What is the long-term trend for CVS Health's health services — adjusted operating income (loss)?
Over 4 years (2021 to 2025), CVS Health's health services — adjusted operating income (loss) has grown at a 1.0% compound annual growth rate (CAGR), from $6.86B to $7.15B.
What does health services — adjusted operating income (loss) mean?
The core profit or loss of the segment, excluding one-time or non-operational items.