HCA Healthcare Operating Expenses Growth & History (HCA)
HCA Healthcare's operating expenses was $65.77B for fiscal 2025.
View full HCA Healthcare company overviewHCA Healthcare annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $65.77B | $3.69B | +5.94% |
| 2024 | 2024-12-31 | $62.08B | $4.82B | +8.41% |
| 2023 | 2023-12-31 | $57.26B | $5.61B | +10.86% |
| 2022 | 2022-12-31 | $51.65B | $2.73B | +5.59% |
| 2021 | 2021-12-31 | $48.92B | $2.82B | +6.11% |
| 2020 | 2020-12-31 | $46.10B | $11.0M | +0.02% |
| 2019 | 2019-12-31 | $46.09B | $4.75B | +11.49% |
| 2018 | 2018-12-31 | $41.34B | $2.11B | +5.38% |
| 2017 | 2017-12-31 | $39.23B | $2.55B | +6.96% |
| 2016 | 2016-12-31 | $36.68B | — | — |
HCA Healthcare quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $5.99B | −$10.20B | −63.02% |
| Q1 2026 | 2026-03-31 | $16.82B | $828.0M | +5.18% |
| Q4 2025 | 2025-12-31 | $16.84B | $689.0M | +4.27% |
| Q3 2025 | 2025-09-30 | $16.74B | $1.16B | +7.46% |
| Q2 2025 | 2025-06-30 | $16.19B | $935.0M | +6.13% |
| Q1 2025 | 2025-03-31 | $15.99B | $902.0M | +5.98% |
| Q4 2024 | 2024-12-31 | $16.15B | $1.19B | +7.98% |
| Q3 2024 | 2024-09-30 | $15.58B | $998.0M | +6.84% |
| Q2 2024 | 2024-06-30 | $15.26B | $1.20B | +8.56% |
| Q1 2024 | 2024-03-31 | $15.09B | $1.42B | +10.41% |
| Q4 2023 | 2023-12-31 | $14.96B | $2.76B | +22.66% |
| Q3 2023 | 2023-09-30 | $14.58B | $1.32B | +9.92% |
| Q2 2023 | 2023-06-30 | $14.05B | $992.0M | +7.60% |
| Q1 2023 | 2023-03-31 | $13.67B | $538.0M | +4.10% |
| Q4 2022 | 2022-12-31 | $12.20B | −$283.0M | −2.27% |
| Q3 2022 | 2022-09-30 | $13.27B | $1.15B | +9.47% |
| Q2 2022 | 2022-06-30 | $13.06B | $742.0M | +6.02% |
| Q1 2022 | 2022-03-31 | $13.13B | $1.13B | +9.39% |
| Q4 2021 | 2021-12-31 | $12.48B | $257.0M | +2.10% |
| Q3 2021 | 2021-09-30 | $12.12B | −$204.0M | −1.66% |
| Q2 2021 | 2021-06-30 | $12.32B | $2.81B | +29.55% |
| Q1 2021 | 2021-03-31 | $12.00B | −$47.0M | −0.39% |
| Q4 2020 | 2020-12-31 | $12.22B | $305.0M | +2.56% |
| Q3 2020 | 2020-09-30 | $12.32B | $608.0M | +5.19% |
| Q2 2020 | 2020-06-30 | $9.51B | −$1.90B | −16.63% |
| Q1 2020 | 2020-03-31 | $12.05B | $994.0M | +8.99% |
| Q4 2019 | 2019-12-31 | $11.92B | $1.13B | +10.49% |
| Q3 2019 | 2019-09-30 | $11.71B | $1.33B | +12.84% |
| Q2 2019 | 2019-06-30 | $11.40B | $1.11B | +10.82% |
| Q1 2019 | 2019-03-31 | $11.06B | $1.17B | +11.87% |
| Q4 2018 | 2018-12-31 | $10.79B | — | — |
| Q3 2018 | 2018-09-30 | $10.38B | $464.0M | +4.68% |
| Q2 2018 | 2018-06-30 | $10.29B | $718.0M | +7.50% |
| Q1 2018 | 2018-03-31 | $9.88B | — | — |
| Q3 2017 | 2017-09-30 | $9.92B | — | — |
| Q2 2017 | 2017-06-30 | $9.57B | — | — |
HCA Healthcare operating expenses trends
Over the last five fiscal years, HCA Healthcare's operating expenses increased from $46.10B to $65.77B, a change of $19.66B. The latest reported quarter, Q2 2026, shows $5.99B.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review HCA Healthcare source filings ↗