Centene (CNC) Operating Expenses (2009 - 2026)
Centene's quarterly Operating Expenses came in at $48.1 billion in Q1 2026, up 6.65% year-on-year from $45.1 billion in Q1 2025, and down 6.58% quarter-over-quarter from $51.5 billion in Q4 2025.
Centene has reported Operating Expenses for 18 years, with the latest figure at $48.1 billion in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 6.65% year-over-year to $48.1 billion; the trailing twelve-month figure through Mar 2026 stood at $205.4 billion (up 23.97% YoY), and the FY2025 full-year result was $202.4 billion, up 26.58% from the prior year.
- Operating Expenses for Q1 2026 stood at $48.1 billion, down from $51.5 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 $41.5 billion, with a median of $39.3 billion recorded in 2024.
- Year-over-year, Operating Expenses grew 1.03% in 2023 and jumped 36.96% in 2025.
- Tracing CNC's Operating Expenses over 5 years: 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 dropped by 6.58% to $48.1 billion in 2026.
- The last three Operating Expenses figures came in at $48.1 billion (Q1 2026), $51.5 billion (Q4 2025), and $56.6 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 345.31 Bn | 315.51 Bn | 98.90 Bn | 102.73 Bn |
| 2 | Cvs Health | 115.41 Bn | 103.79 Bn | 4.43 Bn | 95.75 Bn |
| 3 | Elevance Health | 88.60 Bn | 53.18 Bn | 13.88 Bn | 47.88 Bn |
| 4 | Cigna | 72.05 Bn | 64.43 Bn | -44.29 Bn | 66.14 Bn |
| 5 | Humana | 39.05 Bn | 17.15 Bn | 4.00 Bn | 37.89 Bn |
| 6 | Centene | 30.50 Bn | 6.84 Bn | 49.24 Bn | 48.08 Bn |
| 7 | Molina Healthcare | 9.31 Bn | 60.65 Mn | 1.53 Bn | 10.71 Bn |
| 8 | Oscar Health | 6.86 Bn | 63.05 Mn | -3.22 Bn | 3.94 Bn |
| 9 | Alignment Healthcare | 2.69 Bn | 1.96 Bn | 135.85 Mn | 1.22 Bn |
| 10 | Progyny | 2.12 Bn | 1.90 Bn | 83.07 Mn | 47.69 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 31.44 Bn |
| Mar 31, 2021 | 28.93 Bn |
| Dec 31, 2020 | 28.27 Bn |
| Sep 30, 2020 | 28.23 Bn |
| Jun 30, 2020 | 25.69 Bn |
| Mar 31, 2020 | 25.84 Bn |
| Dec 31, 2019 | 18.59 Bn |
| Sep 30, 2019 | 18.80 Bn |
| Jun 30, 2019 | 17.71 Bn |
| Mar 31, 2019 | 17.76 Bn |
| Dec 31, 2018 | 16.17 Bn |
| Sep 30, 2018 | 16.14 Bn |
| Jun 30, 2018 | 13.69 Bn |
| Mar 31, 2018 | 12.65 Bn |
| Dec 31, 2017 | 12.63 Bn |
| Sep 30, 2017 | 11.56 Bn |
| Jun 30, 2017 | 11.52 Bn |
| Mar 31, 2017 | 11.48 Bn |
| Dec 31, 2016 | 11.39 Bn |
| Sep 30, 2016 | 10.50 Bn |
| Jun 30, 2016 | 10.52 Bn |
| Mar 31, 2016 | 6.93 Bn |
| Dec 31, 2015 | 6.08 Bn |
| Sep 30, 2015 | 5.64 Bn |
| Jun 30, 2015 | 5.33 Bn |
| Mar 31, 2015 | 5.00 Bn |
| Dec 31, 2014 | 4.53 Bn |
| Sep 30, 2014 | 4.24 Bn |
| Jun 30, 2014 | 3.93 Bn |
| Mar 31, 2014 | 3.39 Bn |
| Dec 31, 2013 | 2.85 Bn |
| Sep 30, 2013 | 2.71 Bn |
| Jun 30, 2013 | 2.54 Bn |
| Mar 31, 2013 | 2.49 Bn |
| Dec 31, 2012 | 1.69 Bn |
| Sep 30, 2012 | 2.48 Bn |
| Jun 30, 2012 | 2.16 Bn |
| Mar 31, 2012 | 1.68 Bn |
| Dec 31, 2011 | 1.32 Bn |
| Sep 30, 2011 | 1.25 Bn |
| Jun 30, 2011 | 1.26 Bn |
| Mar 31, 2011 | 1.18 Bn |
| Dec 31, 2010 | 1.14 Bn |
| Sep 30, 2010 | 1.08 Bn |
| Jun 30, 2010 | 1.04 Bn |
| Dec 31, 2009 | 1.05 Bn |
| Sep 30, 2009 | 1.00 Bn |
| Jun 30, 2009 | 1.01 Bn |