Form 10-Q · Quarterly report
CVS Health 10-Q, filed Nov 4, 2026
- Filed
- CIK
- 0000064803
- Accession no.
- 0000064803-26-000108
Summary
CVS Health announced on Nov. 4, 2026, that it intends to separate into two independent publicly traded companies: a healthcare solutions company comprising Aetna, CVS Caremark, CVS Specialty, Oak Street Health, and Signify Health, and a retail pharmacy and community healthcare company named CVS Pharmacy comprising retail pharmacy, mail pharmacy, MinuteClinic, and Health100. For Q3 2026, CVS Health reported total revenues of $108.4 billion and net income attributable to CVS Health of $2.17 billion, compared with a net loss of $3.98 billion in Q3 2025.
Key points
- The separation is expected to be completed in the first half of 2028, subject to final CVS Health Board of Directors approval, effectiveness of a Form 10 registration statement, and confirmation that it is expected to be tax-free to CVS Health and its shareholders.
- Q3 2026 total revenues rose 5.4% to $108.399 billion, and net income attributable to CVS Health was $2.172 billion, compared with a net loss of $3.975 billion in Q3 2025.
- Q3 2026 operating income was $3.566 billion, compared with an operating loss of $3.207 billion in Q3 2025, which included a $5.725 billion goodwill impairment charge.
- Nine-month 2026 total revenues were $314.921 billion and net income attributable to CVS Health was $8.094 billion.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations (“MD&A”) Overview of Business CVS Health Corporation, together with its subsidiaries (collectively, “CVS Health,” the “Company,” “we,” “our” or “us”), is a leading health solutions company simplifying health care one person, one family and one community at a time. As of September 30, 2026, the Company had approximately 9,000 retail locations, more than 1,000 walk-in and primary care medical clinics and a leading pharmacy benefits manager with approximately 87 million plan members and expanding specialty pharmacy solutions. …
An excerpt of the text as filed with the SEC, cut for length.
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