Products & Services · Revenues from external customers

Pharmacy — Revenues from external customers

CVS Health Pharmacy — Revenues from external customers increased by 3.5% to $61.62B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 9.6%, from $56.24B to $61.62B. Over 4 years (FY 2021 to FY 2025), Pharmacy — Revenues from external customers shows an upward trend with a 5.5% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ1 2018
Last reportedQ4 2025

How to read this metric

An increase suggests growth in prescription volume, higher drug pricing, or successful expansion of pharmacy service offerings, while a decrease may indicate competitive pressure, changes in reimbursement rates, or shifts in patient utilization.

Detailed definition

This metric represents the total gross revenue generated by the pharmacy services segment from transactions with third-p...

Peer comparison

Comparable to net sales or segment revenue reported by other large-scale pharmacy retailers and pharmacy benefit managers, though variations exist based on how companies account for rebates and pass-through costs.

Metric ID: cvs_segment_pharmacy_revenues_from_external_customers

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$45.93B$47.03B$48.70B$47.49B$51.33B$52.38B$53.93B$52.50B$55.06B$56.20B$59.69B$48.40B$50.98B$54.66B$56.24B$52.51B$55.35B$59.55B$61.62B
QoQ Change+2.4%+3.5%-2.5%+8.1%+2.0%+3.0%-2.7%+4.9%+2.1%+6.2%-18.9%+5.3%+7.2%+2.9%-6.6%+5.4%+7.6%+3.5%
YoY Change+11.7%+11.4%+10.7%+10.5%+7.3%+7.3%+10.7%-7.8%-7.4%-2.7%-5.8%+8.5%+8.6%+8.9%+9.6%
Range$45.93B$61.62B
CAGR+6.7%
Avg YoY Growth+5.4%
Median YoY Growth+8.6%
Current Streak3 quarters growth

Frequently Asked Questions

What is CVS Health's pharmacy — revenues from external customers?
CVS Health (CVS) reported pharmacy — revenues from external customers of $61.62B in Q4 2025.
How has CVS Health's pharmacy — revenues from external customers changed year-over-year?
CVS Health's pharmacy — revenues from external customers increased by 9.6% year-over-year, from $56.24B to $61.62B.
What is the long-term trend for CVS Health's pharmacy — revenues from external customers?
Over 4 years (2021 to 2025), CVS Health's pharmacy — revenues from external customers has grown at a 5.5% compound annual growth rate (CAGR), from $184.62B to $229.03B.
What does pharmacy — revenues from external customers mean?
The total sales generated by the pharmacy business segment from external customers.