DaVita (DVA) financials
DaVita revenue and earnings by year
DaVita's revenue was $13.6 billion in the fiscal year to December 31, 2025, up 6.5% from the year before. Net income was $747 million, 5.5% of revenue. Since the fiscal year to December 31, 2016, revenue has grown 2.7% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 13.6 | 12.8 | 12.1 | 11.6 | 11.6 | 11.6 | 11.4 | 11.4 | 10.9 | 10.7 |
| Revenue growth | 6.5% | 5.6% | 4.6% | -0.1% | 0.6% | 1.4% | -0.1% | 4.9% | 1.6% | — |
| Gross profit | 4.4 | 4.2 | 3.8 | 3.4 | 3.6 | 3.6 | 3.5 | 3.2 | 3.2 | 3.3 |
| Gross margin | 32.2% | 32.9% | 31.5% | 29.3% | 31.4% | 30.8% | 30.5% | 28.1% | 29.8% | 30.6% |
| Operating income | 2.0 | 2.1 | 1.6 | 1.3 | 1.8 | 1.7 | 1.6 | 1.5 | 1.8 | 2.0 |
| Operating margin | 14.7% | 16.1% | 13.0% | 11.3% | 15.2% | 14.4% | 14.3% | 13.4% | 16.7% | 18.8% |
| Net income | 0.7 | 0.9 | 0.7 | 0.6 | 1.0 | 0.8 | 0.8 | 0.2 | 0.7 | 0.9 |
| Net margin | 5.5% | 7.3% | 5.7% | 4.8% | 8.4% | 6.7% | 7.1% | 1.4% | 6.1% | 8.2% |
| Diluted EPS | $9.84 | $10.73 | $7.42 | $5.85 | $8.90 | $6.29 | $5.37 | $0.79 | $3.46 | $4.29 |
| Free cash flow | 1.3 | 1.5 | 1.5 | 1.0 | 1.3 | 1.3 | 1.3 | 0.8 | 1.0 | 1.1 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open DVA in Markets.
How DaVita makes money
Revenue by segment in the quarter to September 30, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| U S Dialysis & Related Lab Services | $3.03B | 84.6% |
| Other Operating Segments With Intersegment | $552M | 15.4% |
See also: DVA valuation and P/E history · DVA returns
No forecast, no recommendation. This page describes DaVita from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.