Cigna (CI) Gross Margin (2018 - 2026)
Cigna (CI) posted Gross Margin of 20.88% for Q2 2026, up 0.17 percentage points from 20.71% a year earlier but down 0.13 percentage points from the prior quarter.
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Analysis
Cigna (CI) Gross Margin (2018 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Gross Margin at Cigna was 20.63%, down 3.71 percentage points year-over-year; for FY2025, it came in at 21.79%, down 4.35 percentage points from FY2024.
- Annual Gross Margin shows a five-year change of -13.69 percentage points (FY2020 to FY2025).
- In prior years, Cigna's Gross Margin was 26.15% in FY2024 (-5.33 pp), 31.48% in FY2023 (+0.63 pp), 30.85% in FY2022 (-1.62 pp) and 32.47% in FY2021 (-3.02 pp).
- Quarterly Gross Margin has run from a low of 20.25% in Q4 2025 to a high of 32.37% in Q1 2023 over five years.
- On a year-over-year basis, Gross Margin increased in 1 of the last eight quarters, with an average year-over-year change of -4.25 percentage points.
- The strongest year-over-year quarter for Gross Margin in the past five years was Q3 2023, with a gain of 1.59 percentage points; the weakest was Q3 2024, with a drop of 6.09 percentage points.
- According to Business Quant data, Gross Margin for the three prior quarters was 21.01% (Q1 2026), 20.25% (Q4 2025) and 20.38% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 359.00 Bn | 239.64 Bn | 35.71 Bn | 31.69% |
| 2 | Mckesson | 123.95 Bn | 105.32 Bn | 3.96 Bn | 3.57% |
| 3 | Cvs Health | 111.19 Bn | 59.95 Bn | 47.21 Bn | 43.56% |
| 4 | Elevance Health | 91.22 Bn | -51.36 Bn | 13.65 Bn | 26.54% |
| 5 | Cigna | 78.47 Bn | 47.34 Bn | 15.09 Bn | 20.48% |
| 6 | Cencora | 66.32 Bn | 55.22 Bn | 3.61 Bn | 4.26% |
| 7 | Cardinal Health | 63.37 Bn | 46.54 Bn | 2.60 Bn | 3.85% |
| 8 | Humana | 51.41 Bn | -36.45 Bn | 5.50 Bn | 13.45% |
| 9 | Centene | 33.72 Bn | -60.99 Bn | 9.52 Bn | 18.79% |
| 10 | Molina Healthcare | 10.44 Bn | -24.56 Bn | 1.36 Bn | 12.30% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 20.48% |
| 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% |
API Access
Cigna Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=CI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "CI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=CI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();