Centene Corporation (CNC) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 49.94B | 49.73B | 49.69B | 48.74B | 46.62B | 40.8B | 42.02B | 39.84B | 40.41B | 39.46B | 38.04B | 37.61B | 38.89B | 35.56B | 35.87B | 35.94B | 37.19B | 32.57B | 32.41B | 31.02B |
| Revenue Growth % | 7.13% | 21.86% | 18.24% | 22.36% | 15.38% | 3.41% | 10.46% | 5.92% | 3.9% | 10.96% | 6.07% | 4.65% | 4.58% | 9.19% | 10.67% | 15.83% | 24.02% | 15.13% | 11.4% | 11.96% |
| Cost of Goods Sold | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| COGS % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | 10.94B | 7.55B | 8.14B | 2.95B | 5.2B | 3.72B | 4.04B | 4.43B | 4.64B | 3.66B | 4.55B | 4.53B | 4.57B | 3.85B | 3.97B | 4.48B | 4.35B | 3.63B | 3.66B | 3.29B |
| Gross Margin % | 21.9% | 15.18% | 16.38% | 6.05% | 11.16% | 9.12% | 9.6% | 11.12% | 11.5% | 9.28% | 11.96% | 12.05% | 11.76% | 10.82% | 11.07% | 12.48% | 11.71% | 11.16% | 11.28% | 10.61% |
| Gross Profit Growth % | 110.28% | 102.89% | 101.66% | -33.46% | 11.99% | 1.64% | -11.34% | -2.23% | 1.55% | -4.86% | 14.58% | 1.03% | 5.08% | 5.86% | 8.64% | 36.17% | 20.38% | 9.99% | -6.45% | -32.09% |
| Operating Expenses | 9.08B | 9.29B | 15.09B | 3.4B | 3.67B | 3.54B | 3.37B | 3.2B | 3.54B | 3.85B | 3.82B | 3.36B | 3.36B | 4.13B | 3.5B | 4.61B | 3.1B | 3.03B | 3.11B | 3.71B |
| OpEx % of Revenue | 18.18% | 18.68% | 30.37% | 6.99% | 7.87% | 8.69% | 8.02% | 8.03% | 8.76% | 9.77% | 10.03% | 8.93% | 8.63% | 11.61% | 9.75% | 12.84% | 8.34% | 9.31% | 9.6% | 11.96% |
| Selling, General & Admin | 3.4B | 3.73B | 3.15B | 3.04B | 3.35B | 3.23B | 3.06B | 2.89B | 3.22B | 3.49B | 3.05B | 3.02B | 3.01B | 3.2B | 2.85B | 2.8B | 2.75B | 2.84B | 2.54B | 2.14B |
| SG&A % of Revenue | 6.8% | 7.5% | 6.33% | 6.23% | 7.19% | 7.92% | 7.27% | 7.26% | 7.96% | 8.84% | 8.01% | 8.02% | 7.74% | 8.99% | 7.94% | 7.79% | 7.38% | 8.73% | 7.83% | 6.89% |
| Research & Development | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Income | 1.86B | -1.74B | -6.95B | -458M | 1.53B | 175M | 665M | 1.23B | 1.11B | -194M | 735M | 1.17B | 1.22B | -282M | 476M | -129M | 1.25B | 603M | 545M | -418M |
| Operating Margin % | 3.73% | -3.5% | -13.99% | -0.94% | 3.29% | 0.43% | 1.58% | 3.09% | 2.74% | -0.49% | 1.93% | 3.11% | 3.13% | -0.79% | 1.33% | -0.36% | 3.37% | 1.85% | 1.68% | -1.35% |
| Operating Income Growth % | 21.32% | -1094.5% | -1145.71% | -137.27% | 38.7% | 190.21% | -9.52% | 4.95% | -9.2% | 31.21% | 54.41% | 1007.75% | -2.79% | -146.77% | -12.66% | 69.14% | 18.88% | 3920% | -36.7% | -120.71% |
| EBITDA | 2.26B | -1.41B | -6.64B | -143M | 1.85B | 489M | 978M | 1.53B | 1.41B | 121M | 1.06B | 1.5B | 1.54B | 93M | 837M | 234M | 1.64B | 981M | 926M | -62M |
| EBITDA Margin % | 4.53% | -2.84% | -13.36% | -0.29% | 3.97% | 1.2% | 2.33% | 3.85% | 3.5% | 0.31% | 2.79% | 3.98% | 3.97% | 0.26% | 2.33% | 0.65% | 4.42% | 3.01% | 2.86% | -0.2% |
| EBITDA Growth % | 22.39% | -388.62% | -778.73% | -109.32% | 30.76% | 304.13% | -8% | 2.61% | -8.36% | 30.11% | 27% | 539.32% | -6.09% | -90.52% | -9.61% | 477.42% | 16.11% | 174.02% | -20.1% | -102.64% |
| D&A (Non-Cash Add-back) | 0 | 329M | 316M | 315M | 315M | 314M | 313M | 306M | 308M | 315M | 328M | 325M | 325M | 375M | 361M | 363M | 390M | 378M | 381M | 356M |
| EBIT | 2.26B | -1.74B | -6.5B | -87M | 1.92B | 519M | 1.1B | 1.69B | 1.65B | 207M | 949M | 1.6B | 1.57B | 215M | 1.18B | -74M | 1.31B | 856M | 890M | -379M |
| Net Interest Income | -164M | -168M | -170M | -170M | -170M | -172M | -176M | -176M | -178M | -183M | -181M | -181M | -180M | -174M | -169M | -162M | -160M | -162M | -170M | -163M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 164M | 168M | 170M | 170M | 170M | 172M | 176M | 176M | 178M | 183M | 181M | 181M | 180M | 174M | 169M | 162M | 160M | 162M | 170M | 163M |
| Other Income/Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Pretax Income | 2.1B | -1.54B | -6.67B | -257M | 1.75B | 347M | 921M | 1.52B | 1.47B | 24M | 768M | 1.42B | 1.39B | 41M | 1.01B | -236M | 1.15B | 694M | 720M | -542M |
| Pretax Margin % | 4.2% | -3.1% | -13.43% | -0.53% | 3.75% | 0.85% | 2.19% | 3.81% | 3.65% | 0.06% | 2.02% | 3.76% | 3.58% | 0.12% | 2.81% | -0.66% | 3.09% | 2.13% | 2.22% | -1.75% |
| Income Tax | 560M | -442.96M | -42M | 2M | 432M | 67M | 211M | 370M | 315M | -15M | 293M | 360M | 261M | 260M | 269M | -65M | 296M | 101M | 139M | -7M |
| Effective Tax Rate % | 26.68% | 28.71% | 0.63% | -0.78% | 24.74% | 19.31% | 22.91% | 24.41% | 21.38% | -62.5% | 38.15% | 25.44% | 18.76% | 634.15% | 26.66% | 27.54% | 25.78% | 14.55% | 19.31% | 1.29% |
| Net Income | 1.54B | -1.1B | -6.63B | -253M | 1.31B | 283M | 713M | 1.15B | 1.16B | 45M | 469M | 1.06B | 1.13B | -213M | 738M | -172M | 849M | 599M | 584M | -535M |
| Net Margin % | 3.09% | -2.21% | -13.34% | -0.52% | 2.81% | 0.69% | 1.7% | 2.88% | 2.88% | 0.11% | 1.23% | 2.81% | 2.91% | -0.6% | 2.06% | -0.48% | 2.28% | 1.84% | 1.8% | -1.72% |
| Net Income Growth % | 17.54% | -488.69% | -1030.01% | -122.08% | 12.73% | 528.89% | 52.03% | 8.32% | 2.92% | 121.13% | -36.45% | 715.12% | 33.1% | -135.56% | 26.37% | 67.85% | 21.46% | 5091.67% | 2.82% | -144.36% |
| Net Income (Continuing) | 1.54B | -1.1B | -6.63B | -259M | 1.31B | 280M | 710M | 1.15B | 1.16B | 39M | 475M | 1.05B | 1.13B | -219M | 740M | -171M | 852M | 593M | 581M | -535M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 75M | 103M | 107M | 97M | 103M | 100M | 102M | 106M | 106M | 116M | 121M | 116M | 144M | 180M | 222M | 274M | 261M | 227M | 208M | 217M |
| EPS (Diluted) | 3.11 | -2.24 | -13.50 | -0.51 | 2.63 | 0.56 | 1.36 | 2.16 | 2.16 | 0.08 | 0.87 | 1.92 | 2.04 | -0.39 | 1.27 | -0.29 | 1.44 | 1.01 | 0.99 | -0.92 |
| EPS Growth % | 18.25% | -500% | -1092.65% | -123.61% | 21.76% | 569.06% | 56.32% | 12.5% | 5.88% | 121.46% | -31.5% | 762.07% | 41.67% | -138.61% | 28.28% | 68.48% | 21.01% | 4979.23% | 2.06% | -144.88% |
| EPS (Basic) | 3.13 | -2.24 | -13.50 | -0.51 | 2.64 | 0.57 | 1.37 | 2.16 | 2.17 | 0.08 | 0.87 | 1.93 | 2.05 | -0.39 | 1.29 | -0.29 | 1.46 | 1.03 | 1.00 | -0.92 |
| Diluted Shares Outstanding | 495.59M | 491.07M | 491.14M | 493.55M | 498.18M | 501.98M | 523.54M | 530.75M | 538.06M | 537.61M | 541.27M | 550.31M | 553.85M | 559.93M | 580.61M | 583.64M | 590.66M | 591.76M | 590.7M | 582.8M |
| Basic Shares Outstanding | 492.07M | 491.07M | 491.14M | 493.55M | 496.21M | 500.42M | 521.97M | 529.6M | 535.11M | 534.25M | 539.53M | 548.93M | 550.78M | 559.93M | 573.96M | 583.64M | 583.23M | 583.42M | 583.24M | 582.8M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |