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CVS
CVS Health CorporationStock · Consumer Staples
$104.72−$0.09 (-0.09%)as of market close, Jul 2, 2026
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How CVS Health makes money

Fiscal year

How does CVS Health make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year. Straight from SEC filings.

CVS Health Corporation · FY2025 · year ended 2025-12-31
Revenue$402.1BGross profit$180.9B · 45%Cost of revenue$221.2B · 55%Operating income$4.7B · 1%Operating expenses$176.2B · 44%Other opex$176.2B · 44%Pre-tax income$2.2B · 1%Other expense$2.5B · 1%Net income$1.8B · 0%Income tax$0 · 0%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.