Cigna (CI) Gross Margin (2018 - 2026)
Cigna's (CI) quarterly Gross Margin came in at 20.88% in Q2 2026, up 17.0% year-over-year from 17.85% in Q2 2025, and down 0.64% quarter-over-quarter from 21.01% in Q1 2026.
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Cigna (CI) Gross Margin (2018 - 2026) Analysis & Trends
Cigna has disclosed Gross Margin across 9 years of filings, most recently posting 20.88% for Q2 2026.
- In Q2 2026, Gross Margin rose 17.0% year-over-year to 20.88%; the TTM figure through Jun 2026 stood at 20.63% (down 371.0% YoY), while the FY2025 annual figure was 21.79%, down 435.0% from the prior year.
- Gross Margin came in at 20.88% for Q2 2026 at Cigna, down from 21.01% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 32.37% in Q1 2023 to a low of 20.25% in Q4 2025.
- Average Gross Margin over 5 years is 26.86%, with a median of 27.06% recorded in 2024.
- Year-over-year, Gross Margin soared 159 bps in 2023 and plunged 609 bps in 2024.
- Over 5 years, Gross Margin stood at 29.85% in 2022, then gained by 4 bps to 31.01% in 2023, then declined by 18 bps to 25.33% in 2024, then fell by 20 bps to 20.25% in 2025, then climbed by 3 bps to 20.88% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 20.88% in Q2 2026, 21.01% in Q1 2026, and 20.25% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 352.42 Bn | 320.96 Bn | 36.67 Bn | 32.74% |
| 2 | Cvs Health | 121.84 Bn | 107.88 Bn | 47.23 Bn | 44.52% |
| 3 | Elevance Health | 90.86 Bn | 54.91 Bn | 13.45 Bn | 26.65% |
| 4 | Cigna | 73.56 Bn | 66.30 Bn | 14.97 Bn | 20.88% |
| 5 | Humana | 48.30 Bn | 24.43 Bn | 5.50 Bn | 13.45% |
| 6 | Centene | 32.37 Bn | 5.31 Bn | 14.55 Bn | 27.16% |
| 7 | Molina Healthcare | 10.16 Bn | 1.24 Bn | 1.43 Bn | 13.19% |
| 8 | Oscar Health | 9.70 Bn | 1.15 Bn | 1.09 Bn | 22.25% |
| 9 | Corvel | 3.48 Bn | 3.13 Bn | - | - |
| 10 | Alignment Healthcare | 2.66 Bn | 1.95 Bn | 180.96 Mn | 13.55% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.88% |
| Mar 31, 2026 | 21.01% |
| Dec 31, 2025 | 20.25% |
| Sep 30, 2025 | 20.38% |
| Jun 30, 2025 | 20.71% |
| Mar 31, 2025 | 26.11% |
| Dec 31, 2024 | 25.33% |
| Sep 30, 2024 | 25.32% |
| Jun 30, 2024 | 26.49% |
| Mar 31, 2024 | 27.64% |
| Dec 31, 2023 | 31.01% |
| Sep 30, 2023 | 31.42% |
| Jun 30, 2023 | 31.17% |
| Mar 31, 2023 | 32.37% |
| Dec 31, 2022 | 29.85% |
| Sep 30, 2022 | 29.82% |
| Jun 30, 2022 | 31.51% |
| Mar 31, 2022 | 32.25% |
| Dec 31, 2021 | 31.59% |
| Sep 30, 2021 | 32.10% |