Centene (CNC) Operating Expenses (2009 - 2026)
Centene (CNC) posted Operating Expenses of $52.4 billion for Q2 2026, up 8.94% on a QoQ basis from $48.1 billion in Q1 2026, and up 6.47% year-over-year from $49.2 billion in Q2 2025.
Analysis
Centene (CNC) Operating Expenses (2009 - 2026) Analysis & Trends
Centene has reported Operating Expenses for 18 years, with the latest figure at $52.4 billion in Q2 2026.
- On a quarterly basis, Operating Expenses rose 6.47% year-over-year to $52.4 billion in Q2 2026; TTM through Jun 2026 was $208.6 billion, a 18.33% increase from a year earlier, with the FY2025 full-year figure at $202.4 billion, up 26.58% from the prior year.
- Operating Expenses was $52.4 billion for Q2 2026 at Centene, up from $48.1 billion in the prior quarter.
- The five-year high for Operating Expenses was $56.6 billion in Q3 2025, with the low at $35.4 billion in Q3 2022.
- Average Operating Expenses over 5 years is $42.1 billion, with a median of $39.5 billion recorded in 2023.
- The sharpest annual moves came in 2023 and 2025: Operating Expenses climbed 1.03% in 2023, then soared 36.96% in 2025.
- Over 5 years, Operating Expenses stood at $35.8 billion in 2022, then gained by 10.63% to $39.7 billion in 2023, then increased by 2.46% to $40.6 billion in 2024, then gained by 26.68% to $51.5 billion in 2025, then grew by 1.77% to $52.4 billion in 2026.
- The last three Operating Expenses figures came in at $52.4 billion (Q2 2026), $48.1 billion (Q1 2026), and $51.5 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 359.38 Bn | 333.97 Bn | 36.67 Bn | 104.04 Bn |
| 2 | Cvs Health | 123.65 Bn | 109.89 Bn | 47.23 Bn | 101.39 Bn |
| 3 | Elevance Health | 88.36 Bn | 52.55 Bn | 13.45 Bn | 48.54 Bn |
| 4 | Cigna | 74.65 Bn | 67.69 Bn | 14.97 Bn | 68.99 Bn |
| 5 | Humana | 48.21 Bn | 24.40 Bn | 5.50 Bn | 39.51 Bn |
| 6 | Centene | 33.12 Bn | 6.13 Bn | 14.55 Bn | 52.38 Bn |
| 7 | Molina Healthcare | 10.45 Bn | 1.53 Bn | 1.43 Bn | 10.73 Bn |
| 8 | Oscar Health | 8.81 Bn | 262.35 Mn | 1.09 Bn | 4.49 Bn |
| 9 | Corvel | 3.47 Bn | 3.12 Bn | - | - |
| 10 | Alignment Healthcare | 2.81 Bn | 2.10 Bn | 180.96 Mn | 1.29 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 52.38 Bn |
| Mar 31, 2026 | 48.08 Bn |
| Dec 31, 2025 | 51.47 Bn |
| Sep 30, 2025 | 56.64 Bn |
| Jun 30, 2025 | 49.20 Bn |
| Mar 31, 2025 | 45.09 Bn |
| Dec 31, 2024 | 40.63 Bn |
| Sep 30, 2024 | 41.36 Bn |
| Jun 30, 2024 | 38.61 Bn |
| Mar 31, 2024 | 39.30 Bn |
| Dec 31, 2023 | 39.65 Bn |
| Sep 30, 2023 | 37.31 Bn |
| Jun 30, 2023 | 36.44 Bn |
| Mar 31, 2023 | 37.67 Bn |
| Dec 31, 2022 | 35.84 Bn |
| Sep 30, 2022 | 35.39 Bn |
| Jun 30, 2022 | 36.07 Bn |
| Mar 31, 2022 | 35.93 Bn |
| Dec 31, 2021 | 31.97 Bn |
| Sep 30, 2021 | 31.86 Bn |