Centene (CNC) Cost of Revenue (2009 - 2026)
Centene (CNC) recorded quarterly Cost of Revenue of $702.0 million in Q1 2026, up 100.62% quarter-over-quarter from -$113.5 billion in Q4 2025, and down 98.08% on a YoY basis from $36.5 billion in Q1 2025.
Centene (CNC) Cost of Revenue (2009 - 2026) Analysis & Trends
Centene's Cost of Revenue history runs 18 years deep, the most recent figure standing at $702.0 million for Q1 2026.
- In Q1 2026, Cost of Revenue fell 98.08% year-over-year to $702.0 million; the TTM figure through Mar 2026 stood at -$71.3 billion (down 154.31% YoY), while the FY2025 annual figure was $2.7 billion, down 97.88% from the prior year.
- Cost of Revenue was $702.0 million for Q1 2026 at Centene, up from -$113.5 billion in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $40.9 billion in Q3 2025 to a low of -$113.5 billion in Q4 2025.
- Historically, Cost of Revenue has averaged $8.7 billion across 5 years, with a median of $28.1 billion in 2022.
- Biggest YoY gain for Cost of Revenue was 5356.35% in 2025; the steepest drop was 456.95% in 2025.
- A 5-year view of Cost of Revenue shows it stood at $28.3 billion in 2022, then tumbled by 399.62% to -$84.7 billion in 2023, then jumped by 137.56% to $31.8 billion in 2024, then sank by 456.95% to -$113.5 billion in 2025, then surged by 100.62% to $702.0 million in 2026.
- The last three Cost of Revenue figures came in at $702.0 million (Q1 2026), -$113.5 billion (Q4 2025), and $40.9 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 363.95 Bn | 334.15 Bn | 98.90 Bn | 12.82 Bn |
| 2 | Cvs Health | 124.98 Bn | 113.36 Bn | 4.43 Bn | 29.36 Bn |
| 3 | Elevance Health | 85.46 Bn | 50.04 Bn | 13.88 Bn | 35.62 Bn |
| 4 | Cigna | 73.39 Bn | 65.77 Bn | -44.29 Bn | 54.10 Bn |
| 5 | Humana | 43.40 Bn | 21.50 Bn | 4.00 Bn | 33.71 Bn |
| 6 | Centene | 30.02 Bn | 6.36 Bn | 49.24 Bn | 702.00 Mn |
| 7 | Molina Healthcare | 9.92 Bn | 668.90 Mn | 1.53 Bn | 9.27 Bn |
| 8 | Oscar Health | 8.44 Bn | 1.64 Bn | -3.22 Bn | 3.23 Bn |
| 9 | Alignment Healthcare | 4.50 Bn | 3.77 Bn | 135.85 Mn | 1.09 Bn |
| 10 | Clover Health Investments | 2.61 Bn | 2.41 Bn | 154.54 Mn | 589.65 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 702.00 Mn |
| Mar 31, 2026 | 702.00 Mn |
| Dec 31, 2025 | -113.54 Bn |
| Dec 31, 2025 | -113.54 Bn |
| Sep 30, 2025 | 40.90 Bn |
| Sep 30, 2025 | 40.90 Bn |
| Jun 30, 2025 | 641.00 Mn |
| Jun 30, 2025 | 641.00 Mn |
| Mar 31, 2025 | 36.50 Bn |
| Mar 31, 2025 | 36.50 Bn |
| Dec 31, 2024 | 31.81 Bn |
| Dec 31, 2024 | 31.81 Bn |
| Sep 30, 2024 | 32.20 Bn |
| Sep 30, 2024 | 32.20 Bn |
| Jun 30, 2024 | 30.77 Bn |
| Jun 30, 2024 | 30.77 Bn |
| Mar 31, 2024 | 669.00 Mn |
| Mar 31, 2024 | 669.00 Mn |
| Dec 31, 2023 | -84.70 Bn |
| Dec 31, 2023 | -84.70 Bn |