CVSCVS Health Corporation

$99B

Q1 2023 Earnings

Healthcare Medical - Healthcare Plans

Income Statement

Revenue

$85.3B+11.0% YoY

Gross Profit

$13.4B15.7% margin

Operating Income

$3.4B4.0% margin

Net Income

$2.1B2.5% margin

EPS (Diluted)

$1.65

QoQ Revenue Growth

+1.7%

Cash Flow

Operating Cash Flow

$7.4B

Free Cash Flow

$6.5B

Stock-Based Comp.

$103M

Balance Sheet

Total Assets

$239.3B

Total Liabilities

$167.8B

Stockholders' Equity

$71.4B

Cash & Equivalents

$14.6B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$85.3B	$76.8B	+11.0%
Gross Profit	$13.4B	$13.4B	-0.1%
Operating Income	$3.4B	$3.5B	-2.8%
Net Income	$2.1B	$2.4B	-9.3%

Revenue Segments

Pharmacy Revenue

$52.5B62%

Premiums

$24.4B29%

Front Store Revenue

$5.6B7%

Product and Service, Other

$2.5B3%

CVS Q1 2023 Earnings — CVS Health Corporation Revenue & Financial Results | Market Cap Arena