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CENTENE CORP (CNC)

For the quarter ending 2025-06-30, CNC made $48,742M in revenue. -$253M in net income. Net profit margin of -0.52%.

Overview

Revenue
$48,742M
Net Income
-$253M
Net Profit Margin
-0.52%
EPS
-$0.51
Unit: Million (M) dollars
Revenue Breakdown
    • Health Care Premium
    • Premium tax
    • Service

Unit: Million (M) dollars (except for numbers of shares and EPS)
2025-06-30
2025-03-31
2024-09-30
2024-06-30
Total revenues48,742 46,620 42,023 39,836
Selling, general and administrative expenses3,036 3,353 3,057 2,894
Medical costs38,808 36,503 32,201 30,765
Depreciation expense141 142 140 133
Cost of services641 698 692 680
Impairment55 - - -
Amortization of acquired intangible assets173 173 173 173
Premium tax expense6,346 4,217 5,095 3,962
Total operating expenses49,200 45,086 41,358 38,607
Earnings (loss) from operations-458 1,534 665 1,229
Investment and other income371 382 432 463
Interest expense170 170 176 176
Earnings (loss) before income tax-257 1,746 921 1,516
Income tax expense2 432 211 370
Net earnings (loss)-259 1,314 710 1,146
Loss attributable to noncontrolling interests-6 3 -3 -
Net earnings (loss) attributable to centene corporation-253 1,311 713 1,146
Basic (in shares)493,548,000 496,214,000 521,965,000 529,602,000
Basic earnings (loss) per common share (in dollars per share)-0.51 2.64 1.37 2.16
Diluted (in shares)493,548,000 498,180,000 523,542,000 530,755,000
Diluted earnings (loss) per common share (in dollars per share)-0.51 2.63 1.36 2.16
Unit: Million (M) dollars (except for numbers of shares and EPS)

Income Statement

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Net earnings (loss)attributable to centene...-$253M (-122.08%↓ Y/Y)Loss attributable tononcontrolling interests-$6M (0.00%↑ Y/Y)Net earnings (loss)-$259M (-122.60%↓ Y/Y)Health Care Premium$41,740M (18.78%↑ Y/Y)Service$727M (-12.73%↓ Y/Y)Earnings (loss) beforeincome tax-$257M (-116.95%↓ Y/Y)Income tax expense$2M (-99.46%↓ Y/Y)Investment and other income$371M (-19.87%↓ Y/Y)Premium tax$6,275M (62.44%↑ Y/Y)Premium and servicerevenues$42,467M (18.05%↑ Y/Y)Interest expense$170M (-3.41%↓ Y/Y)Earnings (loss) fromoperations-$458M (-137.27%↓ Y/Y)Total revenues$48,742M (22.36%↑ Y/Y)Total operatingexpenses$49,200M (27.44%↑ Y/Y)Premium tax expense$6,346M (60.17%↑ Y/Y)Amortization of acquiredintangible assets$173M (0.00%↑ Y/Y)Impairment$55M (0.00%↑ Y/Y)Cost of services$641M (-5.74%↓ Y/Y)Depreciation expense$141M (6.02%↑ Y/Y)Medical costs$38,808M (26.14%↑ Y/Y)Selling, general andadministrative expenses$3,036M (4.91%↑ Y/Y)