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| Date | Value |
|---|---|
| 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 |