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
DateValue
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