For the year ending 2025-12-31, CNC made $194,777M in revenue. -$6,674M in net income. Net profit margin of -3.43%.
| Income Statement | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Total revenues | 194,777 | 163,071 | 153,999 | 144,547 |
| Medical costs | 157,702 | 125,707 | 118,894 | 111,529 |
| Cost of services | 2,670 | 2,729 | 3,564 | 7,032 |
| Selling, general and administrative expenses | 12,904 | 12,400 | 12,563 | 11,589 |
| Depreciation expense | 590 | 549 | 575 | 614 |
| Amortization of acquired intangible assets | 685 | 692 | 718 | 817 |
| Premium tax expense | 20,538 | 17,806 | 14,226 | 9,330 |
| Health insurer fee expense | - | - | - | 0 |
| Impairment | 7,311 | 13 | 529 | 2,318 |
| Legal settlement | - | - | 0 | 0 |
| Total operating expenses | 202,400 | 159,896 | 151,069 | 143,229 |
| Earnings (loss) from operations | -7,623 | 3,175 | 2,930 | 1,318 |
| Investment and other income | 1,572 | 1,784 | 1,393 | 1,279 |
| Debt extinguishment | 1 | 0 | 0 | 30 |
| Interest expense | 678 | 702 | 725 | 665 |
| Earnings (loss) before income tax | -6,728 | 4,257 | 3,598 | 1,962 |
| Income tax (benefit) expense | -51 | 963 | 899 | 760 |
| Net earnings (loss) | -6,677 | 3,294 | 2,699 | 1,202 |
| Loss attributable to noncontrolling interests | -3 | -11 | -3 | 0 |
| Net earnings (loss) attributable to centene corporation | -6,674 | 3,305 | 2,702 | 1,202 |
| Basic EPS | -13.53 | 6.33 | 4.97 | 2.09 |
| Diluted EPS | -13.53 | 6.31 | 4.95 | 2.07 |
| Basic Average Shares | 493,116,000 | 521,790,000 | 543,319,000 | 575,191,000 |
| Diluted Average Shares | 493,116,000 | 523,744,000 | 545,704,000 | 582,040,000 |
CENTENE CORP (CNC)
CENTENE CORP (CNC)