---
schema_version: "secwatch.filing_event.v1"
accession: "0000064803-26-000051"
form_type: "8-K"
ticker: "CVS"
cik: "0000064803"
company_name: "CVS HEALTH Corp"
filed_at: "2026-05-06T23:59:59+00:00"
generated_at: "2026-05-14T23:00:28.130261+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.78
calibrated_materiality_score: 0.78
confidence: "high"
source: SEC EDGAR
---

# CVS Q1 revenue $100.4B (+6.2% YoY); raises FY26 EPS guidance to $7.30-7.50

## Summary
- GAAP diluted EPS $2.30 vs $1.41 YoY; Adjusted EPS $2.57 vs $2.25 YoY.
- Health Care Benefits MBR improved to 84.6% (down 270 bps); adjusted op income up 52.6% to $3.04B.
- Health Services segment revenue $48.2B (+11.0%) but adj op income -7.1% on client price improvements.
- Pharmacy & Consumer Wellness adj op income -8.8% due to reimbursement pressure and seasonal illness decline.
- FY26 guidance raised: GAAP EPS $6.24-6.44 (from $5.94-6.14); cash from ops at least $9.5B (from $9.0B).

## SEC filing metadata
- accession: 0000064803-26-000051
- form_type: 8-K
- ticker: CVS
- cik: 0000064803
- company_name: CVS HEALTH Corp
- filed_at: 2026-05-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.78
- calibrated_materiality_score: 0.78
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/64803/000006480326000051/0000064803-26-000051-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/64803/000006480326000051/cvs-20260506.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000064803-26-000051
- JSON: https://secwatch.observer/filing/0000064803-26-000051.json
- Plain text: https://secwatch.observer/filing/0000064803-26-000051.txt

## Source-grounded claims
- claim_id: 0d40ce1d8b55e5cfe44dff5fd6bb3128f45e941f
  claim: CVS HEALTH Corp reported the three months ended March 31, 2026 results: revenue $100.4 billion, net income $2,957, EPS $2.30. Guidance raised.
  evidence_excerpt: CVS HEALTH CORPORATION REPORTS STRONG FIRST QUARTER 2026 RESULTS AND RAISES FULL-YEAR 2026 GUIDANCE • First quarter total revenues increased to $100.4 billion, up 6.2% year-over-year • First quarter GAAP diluted EPS of $2.30 and Adjusted EPS of $2.57
  evidence_url: https://www.sec.gov/Archives/edgar/data/64803/000006480326000051/0000064803-26-000051-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.