Filing Flows › HCA Healthcare (HCA) › Q3 2026 › vs Q3 2025
HCA Healthcare (HCA) Q3 2026 vs Q3 2025 (year over year)
HCA Healthcare's revenue rose $688M (+4%) from $19.2B in Q3 2025 to $19.8B in Q3 2026. Operating margin 11.9% against 12.6% (-0.7 pts).
HCA Healthcare, Q3 2026: revenue $19.8B (+4% year over year), operating margin 11.9%, net earnings $1.6B, operating cash flow $4.5B. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 11.9% | 12.6% | -0.7 pts |
| Net margin | 8.0% | 8.6% | -0.6 pts |
| Free cash flow margin | 15.6% | 16.3% | -0.7 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $19.8B | $19.2B | $688M | +4% |
| Operating profit | $2.4B | $2.4B | −$48.0M | -2% |
| Costs & expenses | $17.5B | $16.7B | $736M | +4% |
| Pre-tax earnings | $2.4B | $2.4B | −$48.0M | -2% |
| General & admin | $146M | $139M | $7.0M | +5% |
| Other operating costs | $17.3B | $16.6B | $729M | +4% |
| Net earnings | $1.6B | $1.6B | −$64.0M | -4% |
| Minority interests | $270M | $260M | $10.0M | +4% |
| Income tax | $521M | $515M | $6.0M | +1% |
| Depreciation & amortization | $954M | $889M | $65.0M | +7% |
| Share-based compensation | $133M | $104M | $29.0M | +28% |
| Working capital & other | $1.8B | $1.8B | $15.0M | +0.8% |
| Operating cash flow | $4.5B | $4.4B | $45.0M | +1% |
| Free cash flow (OCF − capex) | $3.1B | $3.1B | −$24.0M | -0.8% |
| Capital expenditures | $1.4B | $1.3B | $69.0M | +5% |
Questions
How much did HCA Healthcare's revenue grow year over year in Q3 2026?
HCA Healthcare's revenue rose $688M (+4%) from $19.2B in Q3 2025 to $19.8B in Q3 2026. Operating margin 11.9% against 12.6% (-0.7 pts).