What is CVS Health's total cost of revenue?

CVS Health (CVS) reported total cost of revenue of $55.44B in Q1 2026.

How has CVS Health's total cost of revenue changed year-over-year?

CVS Health's total cost of revenue increased by 8.6% year-over-year, from $51.06B to $55.44B.

What is the long-term trend for CVS Health's total cost of revenue?

Over 4 years (2021 to 2025), CVS Health's total cost of revenue has grown at a 5.9% compound annual growth rate (CAGR), from $175.8B to $221.17B.

What does total cost of revenue mean?

The aggregate of all direct costs attributable to producing goods and delivering services that generated the company's revenue, including materials, labor, and overhead.

CVS Health CVS Total Cost of Revenue

Total Cost of Revenue at other companies

Dollar GeneralDG

$7.38B+2.4%

Walmart WMT

$133.06B+7.0%

UnitedHealth GroupUNH

$12.82B+3.5%

Option Care Health, Inc.OPCH

$1.09B+1.7%

AmazonAMZN

$87.46B+13.6%

CenteneCNC

$702M+0.6%

Segments

By segment

See full

Health Services$44.72B+11.5%

Pharmacy & Consumer Wellness$25.79B-0.1%

Corporate/ Other$0—

Health Care Benefits$0—

Other financials

Income statement

See full

Revenue$100.43B+6.2%

Gross profit$45.0B+3.3%

Operating income$4.7B+38.7%

Net income$2.9B+65.4%

EPS (diluted)$2.30+63.1%

Balance sheet

See full

Cash & equivalents$9.8B-5.6%

Total debt$15.2B-14.2%

Total equity$77.5B+0.7%

Total assets$252.97B-1.0%

Cash flow

See full

Operating cash flow$4.2B-6.7%

CapEx$849.0M+14.3%

Free cash flow$3.4B-10.8%

Valuation

See full

Market cap$133.54B+58.6%

Enterprise value$139B+51.7%

P/E45.6×+29.6×

P/S0.3×+0.1×

Profitability

See full

Gross margin44.7%-0.1pp

Operating margin1.5%-1.1pp

Net margin0.7%-0.7pp

FCF margin1.8%—

Returns & leverage

See full

Return on equity3.8%-3.2pp

Debt / equity0.2×0.0×

Current ratio0.9×0.0×

Where this comes from

Reported directly by CVS Health in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

The official record: CVS Health’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is CVS Health's total cost of revenue?: CVS Health (CVS) reported total cost of revenue of $55.44B in Q1 2026.
How has CVS Health's total cost of revenue changed year-over-year?: CVS Health's total cost of revenue increased by 8.6% year-over-year, from $51.06B to $55.44B.
What is the long-term trend for CVS Health's total cost of revenue?: Over 4 years (2021 to 2025), CVS Health's total cost of revenue has grown at a 5.9% compound annual growth rate (CAGR), from $175.8B to $221.17B.
What does total cost of revenue mean?: The aggregate of all direct costs attributable to producing goods and delivering services that generated the company's revenue, including materials, labor, and overhead.