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Non-Current Liabilities

Pharmacy claims and discounts payable

CVS Health Pharmacy claims and discounts payable decreased by 0.7% to $26.15B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 1.4%, from $25.8B to $26.15B. Over 4 years (FY 2021 to FY 2025), Pharmacy claims and discounts payable shows an upward trend with a 11.0% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ4 2017
Last reportedQ1 2026May 6, 2026

How to read this metric

Changes reflect the scale of pharmacy benefit management operations and the timing of settlement for complex pharmaceutical contracts.

Detailed definition

This represents long-term obligations related to pharmacy benefit management, specifically for claims processing and neg...

Peer comparison

Specific to pharmacy benefit managers and large healthcare organizations.

Metric ID: non_current_liabilities_pharmacy_claims_and_discounts_pa_655c95

Historical Data

16 periods
 Q4 '21Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$17.33B$19.16B$19.42B$20.05B$20.42B$21.5B$22.87B$22.29B$24.19B$23.92B$24.17B$25.8B$26.34B$27.09B$26.34B$26.15B
QoQ Change+10.6%+1.4%+3.2%+1.8%+5.3%+6.4%-2.6%+8.5%-1.1%+1.0%+6.7%+2.1%+2.8%-2.7%-0.7%
YoY Change+12.1%+12.2%+17.8%+11.2%+18.5%+11.3%+5.6%+15.7%+8.9%+13.2%+9.0%+1.4%
Range$17.33B$27.09B
CAGR+11.6%
Avg YoY Growth+11.4%
Median YoY Growth+11.7%
Current Streak2 quarters decline

Frequently Asked Questions

What is CVS Health's pharmacy claims and discounts payable?
CVS Health (CVS) reported pharmacy claims and discounts payable of $26.15B in Q1 2026.
How has CVS Health's pharmacy claims and discounts payable changed year-over-year?
CVS Health's pharmacy claims and discounts payable increased by 1.4% year-over-year, from $25.8B to $26.15B.
What is the long-term trend for CVS Health's pharmacy claims and discounts payable?
Over 4 years (2021 to 2025), CVS Health's pharmacy claims and discounts payable has grown at a 11.0% compound annual growth rate (CAGR), from $17.33B to $26.34B.
What does pharmacy claims and discounts payable mean?
Long-term debts related to pharmacy claims and negotiated discounts.