CVS Well being Company Reviews Fourth Quarter and Full Yr 2025 Outcomes – The Journal of Healthcare Contracting

CVS Well being Company Reviews Fourth Quarter and Full Yr 2025 Outcomes – The Journal of Healthcare Contracting

February 11, 2026-

Highlights from the fourth quarter

  • Complete income rose to $105.7 billion, a rise of 8.2% in comparison with final 12 months
  • GAAP diluted earnings per share of $2.30 and adjusted earnings per share of $1.09

Highlights of the complete 12 months

  • Complete revenues rose to a file excessive of $402.1 billion, up 7.8% from final 12 months
  • GAAP diluted earnings per share of $1.39 and adjusted earnings per share of $6.75
  • Generated money circulate from operations of $10.6 billion

Operational highlights

  • CVS Pharmacy® has efficiently accomplished the transition to cost-based reimbursement for its Business, Third-Get together Low cost, Medicare and Medicaid companies.
  • Etna® continues to enhance the expertise for healthcare professionals and their sufferers, with greater than 95% of all eligible prior authorizations authorized inside 24 hours, with many accomplished instantly.
  • Healthcare model® shut out 2025 with important buyer wins and robust retention, offering momentum for 2026.

Steering for the complete 12 months 2026

  • Up to date money circulate from working steering from a minimal of $10.0 billion to a minimal of $9.0 billion
  • Confirmed GAAP earnings per share steering of $5.94 to $6.14
  • Confirmed adjusted EPS steering from $7.00 to $7.20

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