Largest healthcare companies by revenue

Revenue is total net sales for the fiscal year, taken from each company's own annual filing. Figures are for fiscal year 2025 and are read directly from each company's SEC filings; the source column on every row links to the document.

Ranks 1–100 of 322 · Fiscal year 2025 · Data as of September 25, 2026

UnitedHealth Group (UNH) tops the list with $448B in revenue for fiscal 2025, ahead of McKesson ($403B) and CVS Health ($402B). The top 10 together report $2.69T in revenue; the gap between #1 and #10 is ×4.75. 322 companies in Healthcare report revenue, 11.3% of the 2853-filer universe. The last place on the list, Neurocrine Biosciences, comes in at $2.9B.

Revenue
#CompanyRevenueYoY15-year trend
1UnitedHealth GroupUNHUS$448B+11.8%
2McKessonMCKUS$403B+12.4%
3CVS HealthCVSUS$402B+7.8%
4CencoraCORUS$321B+9.3%
5Cigna GroupCIUS$275B+11.2%
6Cardinal HealthCAHUS$223B−1.9%
7Elevance HealthELVUS$199B+12.5%
8CenteneCNCUS$195B+19.4%
9HumanaHUMUS$130B+10.1%
10Johnson & JohnsonJNJUS$94.2B+6.0%
11HCA HealthcareHCAUS$75.6B+7.1%
12Eli LillyLLYUS$65.2B+44.7%
13MerckMRKUS$65.0B+1.3%
14PfizerPFEUS$62.6B−1.6%
15AbbVieABBVUS$61.2B+8.6%
16AstraZenecaAZNGB$58.7B+8.6%
17Bristol Myers SquibbBMYUS$48.2B−0.2%
18Novo Nordisk A SNVODK$46.8B+11.0%
19Molina HealthcareMOHUS$45.4B+11.7%
20Abbott LaboratoriesABTUS$44.3B+5.7%
21GSKGSKGB$43.1B+7.4%
22AmgenAMGNUS$36.8B+10.0%
23MedtronicMDTIE$36.4B+8.4%
24Gilead SciencesGILDUS$29.4B+2.4%
25MedlineMDLNUS$28.4B+11.5%
26StrykerSYKUS$25.1B+11.2%
273MMMMUS$24.9B+1.5%
28Fresenius Medical CareFMSDE$22.2B+6.0%
29Becton DickinsonBDXUS$21.8B+8.2%
30Tenet HealthcareTHCUS$21.3B+3.1%
31GE Healthcare TechnologiesGEHCUS$20.6B+4.8%
32Koninklijke PhilipsPHGNL$20.2B+3.3%
33Boston ScientificBSXUS$20.1B+19.9%
34Universe PharmaceuticalsUPCCN$17.9B−22.4%
35Universal Health ServicesUHSUS$17.4B+9.7%
36Teva Pharmaceutical IndustriesTEVAIL$17.3B+4.3%
37AflacAFLUS$17.2B−9.3%
38IQVIA HoldingsIQVUS$16.3B+5.9%
39Principal FinancialPFGUS$15.6B−3.1%
40Regeneron PharmaceuticalsREGNUS$14.3B+1.0%
41ViatrisVTRSUS$14.3B−3.0%
42Labcorp HoldingsLHUS$14.0B+7.2%
43DavitaDVAUS$13.6B+6.5%
44Unum GroupUNMUS$13.1B+1.5%
45Brightspring Health ServicesBTSGUS$12.9B+28.2%
46Community Health SystemsCYHUS$12.5B−1.2%
47Vertex PharmaceuticalsVRTXUS$12.0B+8.9%
48Oscar HealthOSCRUS$11.7B+27.5%
49Baxter InternationalBAXUS$11.2B+5.7%
50Quest DiagnosticsDGXUS$11.0B+11.8%
51AlconALCUS$10.4B+4.9%
52Bausch Health CompaniesBHCCA$10.3B+6.7%
53Intuitive SurgicalISRGUS$10.1B+20.5%
54BiogenBIIBUS$9.9B+2.2%
55ZoetisZTSUS$9.5B+2.3%
56SolventumSOLVUS$8.3B+0.9%
57IconICLRIE$8.3B+0.8%
58Zimmer BiometZBHUS$8.2B+7.2%
59Ardent HealthARDTUS$6.3B+6.0%
60OrganonOGNUS$6.2B−2.9%
61Smith & NephewSNNGB$6.2B+6.1%
62Edwards LifesciencesEWUS$6.1B+11.5%
63SterisSTEIE$5.9B+8.7%
64Encompass HealthEHCUS$5.9B+10.5%
65Agilon HealthAGLUS$5.9B−2.1%
66Option Care HealthOPCHUS$5.6B+13.0%
67Beone MedicinesONCCH$5.3B+40.2%
68Pacs GroupPACSUS$5.3B+29.3%
69ResmedRMDUS$5.1B+9.8%
70IncyteINCYUS$5.1B+21.2%
71Bausch & LombBLCOCA$5.1B+6.5%
72Ensign GroupENSGUS$5.1B+18.7%
73HerbalifeHLFKY$5.0B+0.9%
74Elanco Animal HealthELANUS$4.7B+6.2%
75DexcomDXCMUS$4.7B+15.6%
76Cno FinancialCNOUS$4.5B+0.9%
77Idexx LaboratoriesIDXXUS$4.3B+10.4%
78Jazz PharmaceuticalsJAZZIE$4.3B+4.9%
79PerrigoPRGOIE$4.3B−2.8%
80Cooper CompaniesCOOUS$4.1B+5.1%
81Align TechnologyALGNUS$4.0B+0.9%
82Charles River Laboratories InternationalCRLUS$4.0B−0.9%
83Alignment HealthcareALHCUS$3.9B+46.1%
84GenmabGMABDK$3.7B+19.2%
85Alnylam PharmaceuticalsALNYUS$3.7B+65.2%
86Dentsply SironaXRAYUS$3.7B−3.0%
87Acadia HealthcareACHCUS$3.3B+5.0%
88Surgery PartnersSGRYUS$3.3B+6.2%
89Exact SciencesEXASUS$3.2B+17.7%
90AdapthealthAHCOUS$3.2B−0.5%
91BiontechBNTXDE$3.2B+8.9%
92Biomarin PharmaceuticalBMRNUS$3.2B+12.9%
93Brookdale Senior LivingBKDUS$3.2B+2.2%
94United TherapeuticsUTHRUS$3.2B+10.6%
95Minimed GroupMMEDUS$3.1B+14.3%
96West Pharmaceutical ServicesWSTUS$3.1B+6.3%
97Amneal PharmaceuticalsAMRXUS$3.0B+8.0%
98Globus MedicalGMEDUS$2.9B+16.7%
99Bright Horizons Family SolutionsBFAMUS$2.9B+9.2%
100Neurocrine BiosciencesNBIXUS$2.9B+21.4%

All figures from SEC filings · FY2025 · 100

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<p style="max-width:680px;font:13px system-ui,sans-serif">Source: <a href="https://companiesranked.com/en/largest-healthcare-companies-by-revenue">Largest healthcare companies by revenue</a> — CompaniesRanked, compiled from SEC EDGAR filings</p>

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{{cite web |title=Largest healthcare companies by revenue |url=https://companiesranked.com/en/largest-healthcare-companies-by-revenue |website=CompaniesRanked |date=2026-09-25 |language=en}}

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CompaniesRanked. (September 25, 2026). Largest healthcare companies by revenue. CompaniesRanked. https://companiesranked.com/en/largest-healthcare-companies-by-revenue

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@misc{companiesranked-en-largest-healthcare-companies-by-revenue-2026,
  author       = {{CompaniesRanked}},
  title        = {{Largest healthcare companies by revenue}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/largest-healthcare-companies-by-revenue}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

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