Pharmacy Services — Operating Income
CVS Health Pharmacy Services — Operating Income increased by 121.6% to $4.68B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 38.7%, from $3.37B to $4.68B. Over 4 years (FY 2021 to FY 2025), Pharmacy Services — Operating Income shows a downward trend with a -23.1% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
Higher operating income indicates strong segment performance, effective cost management, and successful execution of the business strategy.
Detailed definition
This is the core measure of profitability for the pharmacy services segment, calculated as segment revenue minus cost of...
Peer comparison
Standard segment operating profit metric used by diversified healthcare and managed care companies.
cvs_segment_pharmacy_services_operating_income_lossHistorical Data
| 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 | $4.33B | $3.06B | $2.35B | $3.55B | $4.67B | -$3.92B | $3.66B | $3.45B | $3.23B | $3.69B | $3.37B | $2.27B | $3.05B | $832.00M | $2.37B | $3.37B | $2.38B | -$3.21B | $2.11B | $4.68B |
| QoQ Change | — | -29.2% | -23.4% | +51.1% | +31.7% | -183.9% | +193.4% | -5.8% | -6.2% | +14.1% | -8.6% | -32.7% | +34.1% | -72.7% | +184.6% | +42.5% | -29.4% | -234.7% | +165.9% | +121.6% |
| YoY Change | — | — | — | — | +7.9% | -228.0% | +56.0% | -2.8% | -30.7% | +194.2% | -7.8% | -34.1% | -5.8% | -77.5% | -29.8% | +48.6% | -21.8% | -485.5% | -10.8% | +38.7% |
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Frequently Asked Questions
- What is CVS Health's pharmacy services — operating income?
- CVS Health (CVS) reported pharmacy services — operating income of $4.68B in Q1 2026.
- How has CVS Health's pharmacy services — operating income changed year-over-year?
- CVS Health's pharmacy services — operating income increased by 38.7% year-over-year, from $3.37B to $4.68B.
- What is the long-term trend for CVS Health's pharmacy services — operating income?
- Over 4 years (2021 to 2025), CVS Health's pharmacy services — operating income has grown at a -23.1% compound annual growth rate (CAGR), from $13.31B to $4.66B.
- What does pharmacy services — operating income mean?
- The profit or loss generated by the pharmacy services segment from its core operations.