Centene Corporation (CNC) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	193.7B	194.8B	163.1B	154.0B	144.5B
Cost of Revenue	162.5B	170.9B	146.2B	136.7B	127.9B
Gross Profit	31.2B	23.8B	16.8B	17.3B	16.7B
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	13.4B	13.3B	12.4B	12.6B	11.6B
General & Admin Expense	7.1B	13.3B	—	—	—
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	23.3B	18.2B	1.3B	1.8B	3.7B
Total Operating Expenses	36.7B	31.5B	13.7B	14.4B	15.3B
Cost and Expenses	199.2B	202.4B	159.9B	151.1B	143.2B
Operating Income (EBIT)	(5.5B)	(7.6B)	3.2B	2.9B	1.3B
Non-Operating
Interest Income	—	—	—	—	—
Interest Expense	655.0M	678.0M	702.0M	725.0M	665.0M
Net Interest Income	(655.0M)	(678.0M)	(702.0M)	(725.0M)	(665.0M)
Other Non-Op Income/Expense	826.4M	890.4M	1.1B	668.0M	644.0M
Non-Operating Income (excl Interest)	(1.5B)	(1.2B)	(1.8B)	(1.4B)	(1.3B)
EBT (Pre-Tax Income)	(4.6B)	(6.7B)	4.3B	3.6B	2.0B
Income Tax Expense	474.0M	(51.0M)	963.0M	899.0M	760.0M
Bottom Line
Net Income	(5.1B)	(6.7B)	3.3B	2.7B	1.2B
Earnings from Cont. Ops	(5.1B)	(6.7B)	3.3B	2.7B	1.2B
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	(5.1B)	(6.7B)	3.3B	2.7B	1.2B
Per Share
Basic EPS	($10.40)	($13.61)	$6.33	$4.97	$2.09
Diluted EPS	($10.44)	($13.62)	$6.31	$4.95	$2.07
Revenue Per Share	$392.32	$396.64	$312.52	$283.44	$251.30
Shares
Basic Shares Outstanding	493.8M	491.1M	521.8M	543.3M	575.2M
Diluted Shares Outstanding	497.6M	491.1M	523.7M	545.7M	582.0M
Profitability Metrics
EBITDA	(2.9B)	(5.1B)	6.2B	5.6B	4.1B
D&A	1.1B	1.3B	1.2B	1.3B	1.4B
EBIT	(4.0B)	(6.4B)	5.0B	4.3B	2.6B

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026