HCA Q3 2025 Earnings — HCA Healthcare, Inc. Revenue & Financial Results | Market Cap Arena

HCAHCA Healthcare, Inc.

$121B

Q3 2025 Earnings

Healthcare Medical - Care Facilities

Income Statement

Revenue

$19.2B+9.6% YoY

Gross Profit

$8.0B41.8% margin

Operating Income

$3.0B15.5% margin

Net Income

$1.6B8.6% margin

EPS (Diluted)

$6.96

QoQ Revenue Growth

+3.0%

Cash Flow

Operating Cash Flow

$4.4B

Free Cash Flow

$3.1B

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$59.7B

Total Liabilities

$61.9B

Stockholders' Equity

-$5.3B

Cash & Equivalents

$997M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$19.2B	$17.5B	+9.6%
Gross Profit	$8.0B	$7.0B	+15.0%
Operating Income	$3.0B	$2.4B	+23.0%
Net Income	$1.6B	$1.3B	+29.4%

Revenue Segments

Managed Care And Other Insurers

$9.3B50%

Managed Medicare

$3.3B18%

Medicare

$2.7B15%

Medicaid

$1.8B10%

Managed Medicaid

$949M5%

International

$484M3%

Geographic Segments

American Group

$6.7B36%

Atlantic Group

$6.1B33%

National Group

$5.5B30%