Cigna (CI) Operating Expenses (2018 - 2026)

Cigna (CI) reported Operating Expenses of $66.1 billion for Q1 2026, up 4.1% on a YoY basis from $63.5 billion in Q1 2025, and down 5.69% sequentially from $70.1 billion in Q4 2025.

Cigna (CI) Operating Expenses (2018 - 2026) Analysis & Trends

Cigna (CI) has 9 years of Operating Expenses data on file, last reported at $66.1 billion in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 4.1% year-over-year to $66.1 billion; the trailing twelve-month figure through Mar 2026 stood at $268.3 billion (up 8.96% YoY), and the FY2025 full-year result was $265.7 billion, up 11.78% from the prior year.
  • Operating Expenses slipped to $66.1 billion in Q1 2026, from $70.1 billion in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $70.1 billion in Q4 2025 to a low of $41.8 billion in Q1 2022.
  • A 5-year average of $54.6 billion and a median of $55.0 billion in 2024 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses dropped 0.3% in 2022 and surged 30.57% in 2024, its largest moves.
  • Tracing CI's Operating Expenses over 5 years: stood at $44.0 billion in 2022, then increased by 11.48% to $49.1 billion in 2023, then grew by 29.4% to $63.5 billion in 2024, then gained by 10.48% to $70.1 billion in 2025, then decreased by 5.69% to $66.1 billion in 2026.
  • Business Quant data shows CI's Operating Expenses at $66.1 billion in Q1 2026, $70.1 billion in Q4 2025, and $67.2 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Unitedhealth 384.70 Bn 354.90 Bn 38.23 Bn 102.73 Bn
2 Cvs Health 136.05 Bn 124.42 Bn 22.85 Bn 95.75 Bn
3 Elevance Health 82.25 Bn 46.44 Bn 35.79 Bn 48.54 Bn
4 Cigna 75.16 Bn 67.54 Bn -44.29 Bn 66.14 Bn
5 Humana 47.47 Bn 25.57 Bn 5.94 Bn 37.89 Bn
6 Centene 31.35 Bn 7.64 Bn 43.95 Bn 48.08 Bn
7 Molina Healthcare 10.44 Bn 1.19 Bn 1.43 Bn 10.73 Bn
8 Oscar Health 8.62 Bn 1.83 Bn 1.42 Bn 3.94 Bn
9 Alignment Healthcare 4.13 Bn 3.41 Bn 144.48 Mn 1.22 Bn
10 Progyny 2.48 Bn 2.26 Bn 83.07 Mn 47.69 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 66.14 Bn
Dec 31, 2025 70.13 Bn
Sep 30, 2025 67.17 Bn
Jun 30, 2025 64.87 Bn
Mar 31, 2025 63.53 Bn
Dec 31, 2024 63.48 Bn
Sep 30, 2024 61.12 Bn
Jun 30, 2024 58.11 Bn
Mar 31, 2024 55.00 Bn
Dec 31, 2023 49.05 Bn
Sep 30, 2023 46.81 Bn
Jun 30, 2023 46.37 Bn
Mar 31, 2023 44.50 Bn
Dec 31, 2022 44.00 Bn
Sep 30, 2022 43.14 Bn
Jun 30, 2022 43.11 Bn
Mar 31, 2022 41.82 Bn
Dec 31, 2021 44.14 Bn
Sep 30, 2021 41.99 Bn
Jun 30, 2021 40.98 Bn