CVS Q3 2025 Earnings — Income Statement Breakdown
For its Q3 2025 period (ending 2025-09-30), CVS reported revenue of $102.9B, gross profit of $13.8B (13.4% gross margin), operating income of −$3.2B, and net income of −$4.0B (-3.9% net margin). The flow of revenue into costs and profit is visualized below.
What changed
CVS reported a net loss; no comparable cached period is available.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | Not available | Not available | Not available |
| Quarter over quarter | Not available | Not available | Not available |
Consensus estimate data is not available for this report.
CVS Q3 2025 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $102.9B | 100% |
| Cost of Revenue | −$89.1B | 86.6% |
| Gross Profit | $13.8B | 13.4% |
| Research & Development | — | 0.0% |
| Selling, General & Administrative | — | 0.0% |
| Other Operating Expenses | −$17.0B | 16.5% |
| Operating Income | −$3.2B | -3.1% |
| Interest Expense | −$784M | 0.8% |
| Other Income, net | $509M | 0.5% |
| Income Tax Expense | −$508M | 0.5% |
| Net Income | −$4.0B | -3.9% |
Source: original SEC filing (filed 2025-10-29). Accession 0000064803-25-000036. Data normalized by EarningsFyi.