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HCA earnings date & Q2 2026 results · HCA Healthcare
US GAAP · $M · vs Q2 2025 · reported 07/24/2026
HCA Healthcare, Inc. is an American global for-profit operator of health care facilities that was founded in 1968. · Wikipedia
More about the company
It is based in Nashville, Tennessee, and, as of May 2020, owned and operated 186 hospitals and approximately 2,400 sites of care, including surgery centers, freestanding emergency rooms, urgent care centers and physician clinics in 20 states and the United Kingdom. As of 2024, HCA Healthcare is ranked #61 on the Fortune 500 rankings of the largest United States corporations by total revenue. In the 1990s, the company engaged in illegal accounting and other crimes that resulted in the payment of more than $2 billion in federal fines and other penalties, and the dismissal of the CEO Rick Scott by the board of directors.
Key growth driver: Diluted EPS grew faster (+11.6%) than net income (+2.8%) due to aggressive buybacks that cut diluted share count from 241.9M to 222.8M. · by the Q2 2026 report
When is HCA’s next earnings date?
Tuesday, October 27, 2026confirmed · before market open
HCA Healthcare (HCA) is scheduled to report results for the quarter ending Sep 2026 on Oct 27, 2026. Consensus EPS forecast: $6.73 (9 analysts), vs $6.96 in the same quarter last year.
What time does HCA report? Usually before market open: the last 4 results releases reached the SEC at 7:45 am, 7:40 am, 7:11 am, 7:12 am ET.
Last report: Jul 24, 2026 (Q2 2026) — broken down in the Sankey chart below. Dates and consensus: Nasdaq / Zacks Investment Research; companies do reschedule. Who else reports this week →
All figures in $M.
Revenue
$20,230
+8.7%
Operating income
$3,093
+5.5%
Net income
$1,699
+2.8%
$7.62 diluted EPS · +11.6%
Verdict: a healthy top-line quarter (+8.7% revenue) masked underlying margin pressure from a ~$400M unfavorable ACA exchange payer-mix shift, offset almost entirely by a one-time ~$400M Medicaid supplemental payment benefit, leaving adjusted EBITDA growth (+4.6%) trailing revenue growth and net income to HCA shareholders up just 2.8%.
Operating cash flow $2,335M (vs $4,210M PY); $2,064M of buybacks in Q2 (4.752M shares); quarterly dividend $0.78/share; FY2026 revenue guidance narrowed to $77.0-79.5B, net income guidance cut to $6.3-6.7B from $6.495-7.035B.
Source and notation
* marks non-cash / ≈ estimated. Source: HCA Healthcare press release / 10-Q (SEC EDGAR).
Open the chart as a PNG image ↗ · for sharing and presentations · free to reuse, CC BY 4.0
HCA earnings history: past report dates
| Apr 24, 2026 Fri | 7:11 ambefore market open | Mar 31, 2026 | — | $7.15+11% y/y |
| Jan 27, 2026 Tue | 7:12 ambefore market open | Dec 31, 2025 | — | ≈$8.09+43% y/y |
| Oct 24, 2025 Fri | 7:16 ambefore market open | Sep 30, 2025 | — | $6.96+43% y/y |
| Jul 25, 2025 Fri | 7:46 ambefore market open | Jun 30, 2025 | — | $6.83+24% y/y |
| Apr 25, 2025 Fri | 7:48 ambefore market open | Mar 31, 2025 | — | $6.45+9% y/y |
| Jan 24, 2025 Fri | 7:40 ambefore market open | Dec 31, 2024 | — | ≈$5.66−4% y/y |
| Oct 25, 2024 Fri | 7:38 ambefore market open | Sep 30, 2024 | — | $4.88+25% y/y |
| Jul 23, 2024 Tue | 8:03 ambefore market open | Jun 30, 2024 | — | $5.53+29% y/y |
How we count
Report date and time — when the company filed its results press release with the SEC (Form 8-K, Item 2.02); the regular session runs 9:30 am – 4:00 pm ET. Revenue and diluted EPS — the company’s XBRL filings, EPS adjusted for stock splits; ≈ — fourth quarter derived as full year minus three quarters. Source: SEC EDGAR.
HCA Healthcare: 5-year financials
| 2020 | 51,533 |
| 2019 | 51,336 |
| 2018 | 46,677 |
| 2017 | 43,614 |
| 2016 | 41,490 |
$ millions, annual 10-K reports on SEC EDGAR (US GAAP).
How we calculate
Figures are the annual report lines as filed, no adjustments. Free cash flow is operating cash flow minus capital expenditures; dividends are cash paid to common shareholders during the year. “—” means the line isn’t in the filing.
Corporate governance
2/2good
How the company treats minority shareholders: 2 — well, 0 — systematically poorly.
More
- Feb 2016HCA agreed to pay $215M to settle a class action by shareholders who bought in the 2011 IPO; the final approval hearing is set for April 11, 2016. sec.gov ↗
- May 2016Repurchase of 9.36M shares from KKR affiliates at $80.12 — the closing price minus 1% — under the general buyback program. sec.gov ↗
- Feb 2026Per the 2025 10-K: one class of shares; four $0.72 dividends in 2025 and 26.7M shares repurchased; the Frist group owns ~31%. sec.gov ↗
- Dec 2025Diluted share count fell 30.3% over 2020→2025 (XBRL 10-K). data.sec.gov ↗
Scoring: 2.0 −0.25 (criterion 9: shareholder suit over the 2011 IPO, $215M, approved April 2016 — more than 10 years old, half of −0.5) = 1.75 → 2.0
- Share classes
- Single class of common stock; the Frist family (~32%) nominates two directors under a shareholder agreement — no super-voting shares.
- Dilution
- Diluted share count 2020→2025 −30.3% thanks to buybacks (26.7M shares in 2025); SBC 0.5%.
- Disclosure
- 10-Ks and 10-Qs filed on time, audited US GAAP financials; no deduction.
- Dividends
- Quarterly dividend of $0.72 in 2025, $0.78 from 2026; the 2010/2012 special dividends came before/after the IPO and are more than 10 years old; no policy violations.
- Lawsuits & regulators
- IPO shareholder suit — $215M (2016, half weight); current cases are industry-wide (Medicare/DOJ), no deduction.
- Related parties
- Repurchase from KKR (former sponsor) in 2016 at the closing price minus 1%; a 2026 share exchange with Frisco (the Frists) reduced the share count by 72K — no deduction.
How the score works · checked as of Sep 2026
HCA Healthcare (HCA) earnings: FAQ
When is HCA's next earnings date?
HCA Healthcare (HCA) is scheduled to report on Oct 27, 2026, before market open.
What time does HCA report earnings?
HCA Healthcare is scheduled to report before market open on Oct 27, 2026. Its last results releases were filed before market open, most recently at 7:45 am ET on Jul 24, 2026.
When did HCA last report earnings?
HCA Healthcare reported Q2 2026 results on Jul 24, 2026.
What is the EPS estimate for HCA's next earnings?
The consensus EPS forecast is $6.73 (9 analysts), vs $6.96 in the same quarter last year.
Where can I find HCA Healthcare's financial statements?
On SEC EDGAR: quarterly reports (10-Q), the annual report (10-K) and earnings releases (8-K). The “Verified” badge next to the chart links to HCA's filings; this page breaks the latest report down in a Sankey chart.
What was HCA's net income in Q2 2026?
HCA Healthcare reported net income of $1,699M for Q2 2026 (+2.8% year over year), under US GAAP.
New to earnings reports? Start with how to read an earnings report.
How this page was made: the figures come from the company's own report on SEC EDGAR; the summary and nuances were drafted by our model from that report. Figures checked against the filing on 08/25/2026. How we make the breakdowns · Report an error
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