Filing Flows › HCA Healthcare (HCA) › Q3 2026
HCA Healthcare (HCA) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 29, 2026
HCA Healthcare (HCA) reported revenue of $19.8B for the third quarter 2026 (Q3 2026), +4% from a year earlier and -2% from the quarter before. Operating margin was 11.9%, net earnings $1.6B (8.0% of revenue).
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 follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $19.8B | -2% | +4% |
| Operating profit | $2.4B | -5% | -2% |
| Net earnings | $1.6B | -7% | -4% |
| Operating cash flow | $4.5B | +91% | +1% |
| Free cash flow | $3.1B | +181% | -0.8% |
What changed
Revenue was $19.8B in Q3 2026, up 4% year over year and down 2% from the previous quarter.
Operating profit was $2.4B, a 11.9% margin (down 0.7 points year over year). Operating profit fell $0.05B even though revenue rose $0.69B versus Q3 2025, so costs grew faster than sales. Total costs grew 4% against revenue growth of 4%. Net earnings were $1.6B, down 4% year over year. The effective tax rate was 22.0%.
Operating cash flow was $4.5B (up 1% year over year), 241% of net income including minority interests. Non-cash charges added back $1.0B of depreciation and amortization and $0.13B of share-based compensation. Working capital and other items added $1.5B. Capital expenditures of $1.4B left free cash flow of $3.1B.
Questions
What was HCA Healthcare's revenue in the third quarter 2026?
HCA Healthcare (HCA) reported revenue of $19.8B for the third quarter 2026 (Q3 2026), +4% from a year earlier and -2% from the quarter before.
Was HCA Healthcare profitable in the third quarter 2026?
Operating profit was $2.4B (11.9% of revenue) and net earnings $1.6B.
Source: HCA Healthcare 10-Q on SEC EDGAR.