CVS Health CVS Health Services — Operating expenses, excluding other segment items

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Questions, answered.

What is CVS Health's health services — operating expenses, excluding other segment items?

CVS Health (CVS) reported health services — operating expenses, excluding other segment items of $727M in Q1 2026.

What does health services — operating expenses, excluding other segment items mean?

This metric represents the core operational costs incurred by the Health Services segment, specifically excluding non-recurring or miscellaneous segment-level charges. It captures the primary expenses associated with delivering healthcare services, including labor, administrative overhead, and direct service delivery costs. By isolating these expenses, it provides a clearer view of the underlying cost structure required to maintain the segment's service capacity and operational scale.