Growth Metrics

Centene (CNC) Operating Expenses (2016 - 2025)

Centene (CNC) has 17 years of Operating Expenses data on record, last reported at $51.5 billion in Q4 2025.

  • For Q4 2025, Operating Expenses rose 26.68% year-over-year to $51.5 billion; the TTM value through Dec 2025 reached $202.4 billion, up 26.58%, while the annual FY2025 figure was $202.4 billion, 26.58% up from the prior year.
  • Operating Expenses reached $51.5 billion in Q4 2025 per CNC's latest filing, down from $56.6 billion in the prior quarter.
  • Across five years, Operating Expenses topped out at $56.6 billion in Q3 2025 and bottomed at $28.9 billion in Q1 2021.
  • Average Operating Expenses over 5 years is $39.0 billion, with a median of $37.5 billion recorded in 2023.
  • Peak YoY movement for Operating Expenses: increased 1.03% in 2023, then surged 36.96% in 2025.
  • A 5-year view of Operating Expenses shows it stood at $32.0 billion in 2021, then rose by 12.13% to $35.8 billion in 2022, then rose by 10.63% to $39.7 billion in 2023, then grew by 2.46% to $40.6 billion in 2024, then rose by 26.68% to $51.5 billion in 2025.
  • Per Business Quant database, its latest 3 readings for Operating Expenses were $51.5 billion in Q4 2025, $56.6 billion in Q3 2025, and $49.2 billion in Q2 2025.