HCA Healthcare (HCA) Revenue & Revenue Breakdown

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HCA Healthcare Revenue Highlights

Latest Revenue (Y)

$75.60B

Latest Revenue (Q)

$19.16B

Main Segment (Y)

Managed Care And Other Insurers

Main Geography (Y)

American Group

HCA Healthcare Revenue by Period

HCA Healthcare Revenue by Year

Date	Revenue	Change
2025-12-31	$75.60B	7.08%
2024-12-31	$70.60B	8.67%
2023-12-31	$64.97B	7.86%
2022-12-31	$60.23B	2.52%
2021-12-31	$58.75B	14.01%
2020-12-31	$51.53B	0.38%
2019-12-31	$51.34B	9.98%
2018-12-31	$46.68B	7.02%
2017-12-31	$43.61B	5.12%
2016-12-31	$41.49B	4.57%
2015-12-31	$39.68B	7.48%
2014-12-31	$36.92B	8.00%
2013-12-31	$34.18B	3.54%
2012-12-31	$33.01B	1.56%
2011-12-31	$32.51B	5.94%
2010-12-31	$30.68B	2.10%
2009-12-31	$30.05B	5.91%
2008-12-31	$28.37B	5.64%
2007-12-31	$26.86B	5.42%
2006-12-31	$25.48B	4.18%
2005-12-31	$24.45B	4.05%
2004-12-31	$23.50B	7.77%
2003-12-31	$21.81B	10.54%
2002-12-31	$19.73B	9.89%
2001-12-31	$17.95B	7.70%
2000-12-31	$16.67B	0.08%
1999-12-31	$16.66B	-10.83%
1998-12-31	$18.68B	-0.73%
1997-12-31	$18.82B	-5.47%
1996-12-31	$19.91B	12.51%
1995-12-31	$17.70B	58.96%
1994-12-31	$11.13B	8.58%
1993-12-31	$10.25B	-

HCA Healthcare generated $75.60B in revenue during NA 2025, up 7.08% compared to the previous quarter, and up 146.70% compared to the same period a year ago.

HCA Healthcare Revenue by Quarter

Date	Revenue	Change
2025-09-30	$19.16B	2.99%
2025-06-30	$18.61B	1.55%
2025-03-31	$18.32B	0.20%
2024-12-31	$18.29B	4.56%
2024-09-30	$17.49B	-0.03%
2024-06-30	$17.49B	0.88%
2024-03-31	$17.34B	0.21%
2023-12-31	$17.30B	6.72%
2023-09-30	$16.21B	2.22%
2023-06-30	$15.86B	1.73%
2023-03-31	$15.59B	0.61%
2022-12-31	$15.50B	3.51%
2022-09-30	$14.97B	1.02%
2022-06-30	$14.82B	-0.84%
2022-03-31	$14.95B	-0.79%
2021-12-31	$15.06B	-1.39%
2021-09-30	$15.28B	5.83%
2021-06-30	$14.44B	3.28%
2021-03-31	$13.98B	-2.21%
2020-12-31	$14.29B	7.38%
2020-09-30	$13.31B	20.27%
2020-06-30	$11.07B	-13.94%
2020-03-31	$12.86B	-4.90%
2019-12-31	$13.52B	6.53%
2019-09-30	$12.69B	0.73%
2019-06-30	$12.60B	0.68%
2019-03-31	$12.52B	1.98%
2018-12-31	$12.27B	7.19%
2018-09-30	$11.45B	-0.68%
2018-06-30	$11.53B	0.93%
2018-03-31	$11.42B	-1.20%
2017-12-31	$11.56B	8.10%
2017-09-30	$10.70B	-0.34%
2017-06-30	$10.73B	1.04%
2017-03-31	$10.62B	-0.17%
2016-12-31	$10.64B	3.61%
2016-09-30	$10.27B	-0.47%
2016-06-30	$10.32B	0.58%
2016-03-31	$10.26B	0.11%
2015-12-31	$10.25B	3.99%
2015-09-30	$9.86B	-0.41%
2015-06-30	$9.90B	2.28%
2015-03-31	$9.68B	0.42%
2014-12-31	$9.64B	4.51%
2014-09-30	$9.22B	-0.11%
2014-06-30	$9.23B	4.51%
2014-03-31	$8.83B	-0.05%
2013-12-31	$8.84B	4.49%
2013-09-30	$8.46B	0.07%
2013-06-30	$8.45B	0.12%
2013-03-31	$8.44B	0.07%
2012-12-31	$8.43B	4.61%
2012-09-30	$8.06B	-0.62%
2012-06-30	$8.11B	-11.82%
2012-03-31	$9.20B	10.33%
2011-12-31	$8.34B	3.58%
2011-09-30	$8.05B	-0.16%
2011-06-30	$8.06B	0.10%
2011-03-31	$8.05B	4.12%
2010-12-31	$7.74B	1.16%
2010-09-30	$7.65B	-1.41%
2010-06-30	$7.76B	2.81%
2010-03-31	$7.54B	-0.80%
2009-12-31	$7.61B	0.96%
2009-09-30	$7.53B	0.67%
2009-06-30	$7.48B	0.70%
2009-03-31	$7.43B	2.28%
2008-12-31	$7.26B	3.76%
2008-09-30	$7.00B	0.32%
2008-06-30	$6.98B	-2.06%
2008-03-31	$7.13B	3.54%
2007-12-31	$6.88B	-

HCA Healthcare generated $19.16B in revenue during Q3 2025, up 2.99% compared to the previous quarter, and up 109.54% compared to the same period a year ago.

HCA Healthcare Revenue Breakdown

HCA Healthcare Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 25	Dec 24	Dec 23	Dec 22	Dec 21
Medicare	$11.27B	$10.78B	$10.59B	$10.45B	$10.45B
Medicaid	$5.91B	$4.68B	$3.61B	$2.64B	$2.29B
Managed Medicare	$13.44B	$11.99B	$10.50B	$9.20B	$8.42B
Managed Medicaid	$3.69B	$3.98B	$3.88B	$4.00B	$3.12B
Managed Care And Other Insurers	$36.97B	$34.95B	$31.82B	$29.12B	$30.30B
International	$1.86B	$1.68B	$1.51B	$1.32B	$1.34B
Product and Service, Other	-	-	$3.07B	$3.51B	$2.84B

HCA Healthcare's latest annual revenue breakdown by segment (product or service), as of Dec 25: Managed Care And Other Insurers (50.54%), Managed Medicare (18.37%), Medicare (15.41%), Medicaid (8.08%), Managed Medicaid (5.05%), and International (2.55%).

Quarterly Revenue by Product

Product/Service	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21
Medicare	$2.85B	$2.73B	$2.80B	$2.90B	$2.74B	$2.58B	$2.62B	$2.84B	$2.72B	$2.56B	$2.57B	$2.74B	$2.66B	$2.57B	$2.50B	$2.73B	$2.63B	$2.65B	$2.61B	$2.56B
Managed Care And Other Insurers	$9.54B	$9.27B	$9.12B	$9.04B	$9.36B	$8.50B	$8.55B	$8.54B	$8.68B	$7.69B	$7.83B	$7.62B	$7.64B	$7.18B	$7.14B	$7.15B	$8.00B	$8.00B	$7.42B	$6.88B
Managed Medicaid	$966.00M	$949.00M	$899.00M	$879.00M	$938.00M	$1.03B	$1.03B	$978.00M	$1.03B	$1.04B	$894.00M	$913.00M	$995.00M	$939.00M	$954.00M	$1.11B	$755.00M	$813.00M	$831.00M	$725.00M
International	$474.00M	$484.00M	$461.00M	$445.00M	$430.00M	$424.00M	$416.00M	$412.00M	$382.00M	$375.00M	$377.00M	$375.00M	$325.00M	$311.00M	$325.00M	$356.00M	$341.00M	$324.00M	$338.00M	$333.00M
Managed Medicare	$3.48B	$3.31B	$3.35B	$3.30B	$3.10B	$2.95B	$2.91B	$3.03B	$2.86B	$2.54B	$2.54B	$2.56B	$2.39B	$2.23B	$2.26B	$2.32B	$2.14B	$2.12B	$2.10B	$2.05B
Medicaid	$1.50B	$1.78B	$1.44B	$1.19B	$1.36B	$1.21B	$1.11B	$1.00B	$1.13B	$1.00B	$742.00M	$735.00M	$649.00M	$797.00M	$611.00M	$579.00M	$568.00M	$692.00M	$503.00M	$527.00M
Product and Service, Other	-	-	-	-	-	-	-	-	$500.00M	$1.02B	$910.00M	$648.00M	$843.00M	$942.00M	$1.03B	$698.00M	$680.00M	$630.00M	$895.00M	-

HCA Healthcare's latest quarterly revenue breakdown by segment (product or service), as of Dec 25: Managed Care And Other Insurers (50.73%), Managed Medicare (18.50%), Medicare (15.15%), Medicaid (7.96%), Managed Medicaid (5.14%), and International (2.52%).

HCA Healthcare Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 25	Dec 24	Dec 23	Dec 22	Dec 21
National Group	$21.28B	$19.61B	$18.11B	-	-
American Group	$26.45B	$24.60B	$22.32B	$26.86B	$26.15B
Atlantic Group	$24.71B	$23.17B	$21.17B	-	-
Corporate and Other	-	-	$3.38B	-	-

HCA Healthcare's latest annual revenue breakdown by geography, as of Dec 25: American Group (36.51%), Atlantic Group (34.11%), and National Group (29.38%).

Quarterly Revenue by Country

Country	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Sep 21	Jun 21	Mar 21	Dec 20
National Group	$5.49B	$5.53B	$5.20B	$5.07B	$5.11B	$4.89B	$4.82B	$4.79B	$4.76B	-	-	-	-	-	-	-	-	-	-	-
American Group	$6.93B	$6.69B	$6.49B	$6.33B	$6.69B	$6.02B	$5.98B	$5.91B	$6.09B	$5.49B	$5.54B	$5.20B	$6.99B	$6.60B	$6.66B	$6.62B	$6.77B	$6.50B	$6.29B	$6.67B
Atlantic Group	$6.28B	$6.14B	$6.12B	$6.17B	$6.20B	$5.58B	$5.72B	$5.68B	$5.55B	-	-	-	-	-	-	-	-	-	-	-
Corporate and Other	-	-	-	-	-	-	-	$953.00M	$896.00M	-	-	-	-	-	-	-	-	-	-	-

HCA Healthcare's latest quarterly revenue breakdown by geography, as of Dec 25: American Group (37.08%), Atlantic Group (33.57%), and National Group (29.35%).

HCA Healthcare Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
CVS	CVS Health	$402.07B	$102.87B
MCK	McKesson	$308.95B	$106.16B
HCA	HCA Healthcare	$75.60B	$19.16B
PFE	Pfizer	$62.58B	$16.65B
BMY	Bristol-Myers Squibb	$48.19B	$12.22B
SNY	Sanofi	$43.07B	$11.12B
MDT	Medtronic	$33.54B	$9.02B
GSK	GSK	$30.33B	$7.36B
SYK	Stryker	$25.12B	$6.06B
THC	Tenet Healthcare	$21.31B	$5.29B
VRTX	Vertex Pharmaceuticals	$12.00B	$3.08B

HCA Revenue FAQ

What is HCA Healthcare’s yearly revenue?

HCA Healthcare's yearly revenue for 2025 was $75.6B, representing an increase of 7.08% compared to 2024. The company's yearly revenue for 2024 was $70.6B, representing an increase of 8.67% compared to 2023. HCA's yearly revenue for 2023 was $64.97B, representing an increase of 7.86% compared to 2022.

What is HCA Healthcare’s quarterly revenue?

HCA Healthcare's quarterly revenue for Q3 2025 was $19.16B, a 2.99% increase from the previous quarter (Q2 2025), and a 9.57% increase year-over-year (Q3 2024). The company's quarterly revenue for Q2 2025 was $18.6B, a 1.55% increase from the previous quarter (Q1 2025), and a 6.36% increase year-over-year (Q2 2024). HCA's quarterly revenue for Q1 2025 was $18.32B, a 0.20% increase from the previous quarter (Q4 2024), and a 5.66% increase year-over-year (Q1 2024).

What is HCA Healthcare’s revenue growth rate?

HCA Healthcare's revenue growth rate for the last 3 years (2023-2025) was 16.36%, and for the last 5 years (2021-2025) was 28.68%.

What are HCA Healthcare’s revenue streams?

HCA Healthcare's revenue streams in c 25 are Medicare, Medicaid, Managed Medicare, Managed Medicaid, Managed Care And Other Insurers, and International. Medicare generated $11.27B in revenue, accounting 15.41% of the company's total revenue, up 4.57% year-over-year. Medicaid generated $5.91B in revenue, accounting 8.08% of the company's total revenue, up 26.31% year-over-year. Managed Medicare generated $13.44B in revenue, accounting 18.37% of the company's total revenue, up 12.08% year-over-year. Managed Medicaid generated $3.69B in revenue, accounting 5.05% of the company's total revenue, down -7.21% year-over-year. Managed Care And Other Insurers generated $36.97B in revenue, accounting 50.54% of the company's total revenue, up 5.76% year-over-year. International generated $1.86B in revenue, accounting 2.55% of the company's total revenue, up 10.82% year-over-year.

What is HCA Healthcare’s main source of revenue?

For the fiscal year ending Dec 25, the largest source of revenue of HCA Healthcare was Managed Care And Other Insurers. This segment made a revenue of $36.97B, representing 50.54% of the company's total revenue.