HCA Healthcare, Inc. (HCA) Revenue by Segment

HCA Healthcare revenue by segment at a glance

In Q2 fiscal 2026 (the quarter ended June 30, 2026), HCA Healthcare's largest business segment was Atlantic Group, with $7.57 billion or 39% of revenue, up 23.7% from a year earlier. Next: American Group (34%) and National Group (27%).

By product or service, Managed Care and Other Insurers brought in 46%, Managed Medicare brought in 17% and Medicare brought in 15% of revenue in Q2 fiscal 2026.

The fastest-growing business segment from a year earlier was Atlantic Group (+23.7%).

From company filings, in USD; latest quarter ended June 30, 2026; quarterly data from Q3 fiscal 2017.

HCA Healthcare, Inc.

HCAHealthcare

United States

Healthcare

Revenue breakdown

Fiscal quarters, from company filings

Segments by quarter (USD)

Click a bar to see that period below. Striped bars are calculated fourth quarters; an empty slot means it could not be calculated on the same basis i

American GroupNational GroupAtlantic GroupCorporate and Other

Q2 FY26 breakdown

Fiscal quarter ended Jun 30, 2026

Item	Revenue	Share	vs year before
Atlantic Group	USD 7.57B	39.0%	+23.7%
American Group	USD 6.58B	33.9%	+1.4%
National Group	USD 5.25B	27.1%	+1.0%
Corporate and Otheri	USD 824.00M		+4.3%

Sum of items USD 19.41B; corporate items and eliminations USD 824.00M. Shares are of the items shown. Click an item with › to see its parts.

Also reported by:

All periods

Every item and period in one grid. Purple = calculated; "–" = not available.

Item	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24	Q1 FY24	Q4 FY23	Q3 FY23	Q2 FY23	Q1 FY23	Q4 FY22	Q3 FY22	Q2 FY22	Q1 FY22	Q4 FY21	Q3 FY21	Q2 FY21	Q1 FY21	Q4 FY20	Q3 FY20	Q2 FY20	Q1 FY20	Q4 FY19	Q3 FY19	Q2 FY19	Q1 FY19	Q4 FY18	Q3 FY18	Q2 FY18	Q1 FY18	Q4 FY17	Q3 FY17
American Group	6.6B	6.6B	6.9B	6.7B	6.5B	6.3B	6.6B	6.1B	6.0B	6.0B	–	5.5B	5.5B	5.2B	–	5.1B	5.2B	5.2B	6.6B	6.8B	6.5B	6.3B	6.7B	6.1B	5.1B	5.7B	6.2B	5.8B	5.6B	5.6B	5.8B	5.4B	5.4B	5.3B	–	5.2B
National Group	5.3B	5.3B	5.5B	5.5B	5.2B	5.1B	5.0B	4.9B	4.9B	4.8B	–	4.4B	4.4B	4.6B	–	4.1B	4.1B	4.2B	7.7B	7.8B	7.3B	7.1B	7.0B	6.6B	5.5B	6.5B	6.8B	6.4B	6.4B	6.3B	5.9B	5.5B	5.6B	5.6B	–	5.0B
Atlantic Group	7.6B	6.4B	6.3B	6.1B	6.1B	6.2B	6.0B	5.7B	5.9B	5.8B	–	5.5B	5.0B	5.1B	–	5.0B	4.7B	4.7B	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Corporate and Other	824.0M	859.0M	814.0M	806.0M	790.0M	758.0M	737.0M	740.0M	712.0M	710.0M	–	900.0M	915.0M	667.0M	–	811.0M	827.0M	851.0M	791.0M	722.0M	631.0M	630.0M	579.0M	605.0M	419.0M	643.0M	597.0M	516.0M	532.0M	605.0M	566.0M	513.0M	530.0M	528.0M	–	480.0M

HCA Healthcare revenue by business segment, last 4 quarters

Business segment	Q2 FY26	Q1 FY26	Q3 FY25	Q2 FY25	Share
Atlantic Group	$7.6B	$6.4B	$6.1B	$6.1B	39%
American Group	$6.6B	$6.6B	$6.7B	$6.5B	34%
National Group	$5.3B	$5.3B	$5.5B	$5.2B	27%

In USD, fiscal quarters as reported; share = part of Q2 FY26 revenue.

HCA Healthcare revenue by product or service, last 4 quarters

Product or service	Q2 FY26	Q1 FY26	Q3 FY25	Q2 FY25	Share
Managed Care and Other Insurers	$9.0B	$9.1B	$9.3B	$9.1B	46%
Managed Medicare	$3.4B	$3.5B	$3.3B	$3.4B	17%
Medicare	$2.9B	$3.1B	$2.7B	$2.8B	15%
Medicaid	$2.8B	$1.4B	$1.8B	$1.4B	14%
Managed Medicaid	$997.0M	$939.0M	$949.0M	$899.0M	5%
International	$491.0M	$499.0M	$484.0M	$461.0M	2%

In USD, fiscal quarters as reported; share = part of Q2 FY26 revenue.

Questions and answers

What are HCA Healthcare's business segments?

Atlantic Group, American Group and National Group (as reported for Q2 fiscal 2026).

Which business segment makes the most money for HCA Healthcare?

Atlantic Group: $7.57 billion, or 39% of revenue, in Q2 fiscal 2026.

What are HCA Healthcare's main products and services?

By revenue in Q2 fiscal 2026: Managed Care and Other Insurers (46%), Managed Medicare (17%), Medicare (15%) and Medicaid (14%).

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Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.