Business Segments · Revenue

Pharmacy Services — Revenue

CVS Health Pharmacy Services — Revenue decreased by 5.0% to $100.43B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 6.2%, from $94.59B to $100.43B. Over 3 years (FY 2020 to FY 2025), Pharmacy Services — Revenue shows an upward trend with a 24.4% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ1 2025
Last reportedQ1 2026
Rolls up toTotal Revenue

How to read this metric

Growth indicates expansion in market share, higher drug pricing, or increased volume of claims processed, while a decline may signal loss of contracts or pricing pressure.

Detailed definition

The total gross revenue generated by the Pharmacy Services segment from all sources, including intersegment and external...

Peer comparison

Standard revenue metric for PBMs and pharmacy service providers; comparable to top-line segment reporting at major healthcare distributors.

Metric ID: cvs_segment_pharmacy_services_revenues

Historical Data

27 periods
 Q2 '21Q2 '21Q3 '21Q3 '21Q4 '21Q4 '21Q1 '22Q1 '22Q2 '22Q2 '22Q3 '22Q3 '22Q4 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$72.62B$38.31B$73.79B$39.05B$76.60B$39.34B$76.83B$39.46B$80.64B$42.81B$81.16B$43.22B$83.85B$43.75B$85.28B$88.92B$89.76B$93.81B$88.44B$91.23B$95.43B$97.71B$94.59B$98.92B$102.87B$105.69B$100.43B
QoQ Change-47.2%+92.6%-47.1%+96.2%-48.6%+95.3%-48.6%+104.3%-46.9%+89.6%-46.8%+94.0%-47.8%+94.9%+4.3%+0.9%+4.5%-5.7%+3.2%+4.6%+2.4%-3.2%+4.6%+4.0%+2.7%-5.0%
YoY Change+11.0%-41.0%+10.0%-41.4%+9.5%-42.9%+11.0%+10.3%+10.6%+11.9%+3.7%+2.6%+6.3%+4.2%+7.0%+8.4%+7.8%+8.2%+6.2%
Range$38.31B$105.69B
CAGR+5.1%
Avg YoY Growth+0.2%
Median YoY Growth+7.8%

Frequently Asked Questions

What is CVS Health's pharmacy services — revenue?
CVS Health (CVS) reported pharmacy services — revenue of $100.43B in Q1 2026.
How has CVS Health's pharmacy services — revenue changed year-over-year?
CVS Health's pharmacy services — revenue increased by 6.2% year-over-year, from $94.59B to $100.43B.
What is the long-term trend for CVS Health's pharmacy services — revenue?
Over 3 years (2020 to 2025), CVS Health's pharmacy services — revenue has grown at a 24.4% compound annual growth rate (CAGR), from $208.68B to $402.07B.
What does pharmacy services — revenue mean?
Total sales generated by the pharmacy services business segment.