HCA Q4 2025 Earnings — HCA Healthcare, Inc. Revenue & Financial Results | Market Cap Arena

HCAHCA Healthcare, Inc.

$121B

Q4 2025 Earnings

Healthcare Medical - Care Facilities

Income Statement

Revenue

$19.5B+6.7% YoY

Gross Profit

$8.2B41.9% margin

Operating Income

$3.2B16.3% margin

Net Income

$1.9B9.6% margin

EPS (Diluted)

$8.14

QoQ Revenue Growth

+1.8%

Cash Flow

Operating Cash Flow

$2.4B

Free Cash Flow

$870M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$60.7B

Total Liabilities

$63.5B

Stockholders' Equity

-$6.0B

Cash & Equivalents

$1.0B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$19.5B	$18.3B	+6.7%
Gross Profit	$8.2B	$7.6B	+7.9%
Operating Income	$3.2B	$2.8B	+11.7%
Net Income	$1.9B	$1.4B	+30.6%

Revenue Segments

Managed Care And Other Insurers

$9.5B51%

Managed Medicare

$3.5B19%

Medicare

$2.8B15%

Medicaid

$1.5B8%

Managed Medicaid

$966M5%

International

$474M3%

Geographic Segments

American Group

$6.9B37%

Atlantic Group

$6.3B34%

National Group

$5.5B29%