cnc: the income statement

MyFinsight

For the quarter ending 2025-09-30, CNC made $49,690M in revenue. -$6,631M in net income. Net profit margin of -13.34%.

Unit: Million (M) dollars (except for numbers of shares and EPS)

Income Statement	2025-09-30	2025-06-30	2025-03-31	2024-09-30
Total revenues	49,690	48,742	46,620	42,023
Medical costs	40,902	38,808	36,503	32,201
Cost of services	651	641	698	692
Selling, general and administrative expenses	3,145	3,036	3,353	3,057
Depreciation expense	147	141	142	140
Amortization of acquired intangible assets	170	173	173	173
Premium tax expense	4,886	6,346	4,217	5,095
Impairment	6,743	55	0	0
Total operating expenses	56,644	49,200	45,086	41,358
Earnings (loss) from operations	-6,954	-458	1,534	665
Investment and other income	450	371	382	432
Interest expense	170	170	170	176
Earnings (loss) before income tax	-6,674	-257	1,746	921
Income tax (benefit) expense	-42	2	432	211
Net earnings (loss)	-6,632	-259	1,314	710
Loss attributable to noncontrolling interests	-1	-6	3	-3
Net earnings (loss) attributable to centene corporation	-6,631	-253	1,311	713

Basic (in shares)	491,141,000	493,548,000	496,214,000	521,965,000
Basic earnings (loss) per common share (in dollars per share)	-13.5	-0.51	2.64	1.37
Diluted (in shares)	491,141,000	493,548,000	498,180,000	523,542,000
Diluted earnings (loss) per common share (in dollars per share)	-13.5	-0.51	2.63	1.36