CVS Q2 2023 Earnings — CVS Health Corporation Revenue & Financial Results | Market Cap Arena

CVSCVS Health Corporation

$99B

Q2 2023 Earnings

Healthcare Medical - Healthcare Plans

Income Statement

Revenue

$88.9B+10.3% YoY

Gross Profit

$13.6B15.3% margin

Operating Income

$3.2B3.6% margin

Net Income

$1.9B2.1% margin

EPS (Diluted)

$1.48

QoQ Revenue Growth

+4.3%

Cash Flow

Operating Cash Flow

$5.9B

Free Cash Flow

$5.3B

Stock-Based Comp.

$204M

Balance Sheet

Total Assets

$250.1B

Total Liabilities

$177.1B

Stockholders' Equity

$72.7B

Cash & Equivalents

$13.8B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$88.9B	$80.6B	+10.3%
Gross Profit	$13.6B	$13.9B	-1.8%
Operating Income	$3.2B	$4.7B	-30.7%
Net Income	$1.9B	$3.0B	-37.2%

Revenue Segments

Pharmacy Revenue

$55.1B62%

Premiums

$25.1B28%

Front Store Revenue

$5.6B6%

Product and Service, Other

$2.8B3%