Centene (CNC) Operating Income (2009 - 2026)
Centene (CNC) posted Operating Income of $1.2 billion for Q2 2026, down 35.63% on a QoQ basis from $1.9 billion in Q1 2026, and up 361.57% year-over-year from $259.5 million in Q2 2025.
Analysis
Centene (CNC) Operating Income (2009 - 2026) Analysis & Trends
Centene has reported Operating Income for 18 years, with the latest figure at $1.2 billion in Q2 2026.
- On a quarterly basis, Operating Income rose 361.57% year-over-year to $1.2 billion in Q2 2026; TTM through Jun 2026 was -$5.6 billion, a 394.36% decrease from a year earlier, with the FY2025 full-year figure at -$7.6 billion, down 340.09% from the prior year.
- Operating Income was $1.2 billion for Q2 2026 at Centene, down from $1.9 billion in the prior quarter.
- The five-year high for Operating Income was $1.9 billion in Q1 2026, with the low at -$7.0 billion in Q3 2025.
- Average Operating Income over 5 years is $158.8 million, with a median of $700.0 million recorded in 2023.
- The sharpest annual moves came in 2023 and 2025: Operating Income soared 1007.75% in 2023, then plunged 1145.71% in 2025.
- Over 5 years, Operating Income stood at -$282.0 million in 2022, then jumped by 31.21% to -$194.0 million in 2023, then soared by 190.21% to $175.0 million in 2024, then slumped by 1097.14% to -$1.7 billion in 2025, then soared by 168.65% to $1.2 billion in 2026.
- The last three Operating Income figures came in at $1.2 billion (Q2 2026), $1.9 billion (Q1 2026), and -$1.7 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 354.24 Bn | 322.77 Bn | 36.67 Bn | 7.99 Bn |
| 2 | Cvs Health | 122.38 Bn | 108.42 Bn | 47.23 Bn | 4.70 Bn |
| 3 | Elevance Health | 86.47 Bn | 50.52 Bn | 13.45 Bn | 704.00 Mn |
| 4 | Cigna | 73.02 Bn | 65.76 Bn | 14.97 Bn | 2.68 Bn |
| 5 | Humana | 48.22 Bn | 24.35 Bn | 5.50 Bn | 1.36 Bn |
| 6 | Centene | 31.79 Bn | 4.73 Bn | 14.55 Bn | 1.20 Bn |
| 7 | Molina Healthcare | 9.95 Bn | 1.03 Bn | 1.43 Bn | 145.00 Mn |
| 8 | Oscar Health | 9.53 Bn | 976.50 Mn | 1.09 Bn | 388.64 Mn |
| 9 | Corvel | 3.41 Bn | 3.06 Bn | - | - |
| 10 | Alignment Healthcare | 2.70 Bn | 2.00 Bn | 180.96 Mn | 42.10 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.20 Bn |
| Mar 31, 2026 | 1.86 Bn |
| Dec 31, 2025 | -1.75 Bn |
| Sep 30, 2025 | -6.95 Bn |
| Jun 30, 2025 | -458.00 Mn |
| Mar 31, 2025 | 1.53 Bn |
| Dec 31, 2024 | 175.00 Mn |
| Sep 30, 2024 | 665.00 Mn |
| Jun 30, 2024 | 1.23 Bn |
| Mar 31, 2024 | 1.11 Bn |
| Dec 31, 2023 | -194.00 Mn |
| Sep 30, 2023 | 735.00 Mn |
| Jun 30, 2023 | 1.17 Bn |
| Mar 31, 2023 | 1.22 Bn |
| Dec 31, 2022 | -282.00 Mn |
| Sep 30, 2022 | 476.00 Mn |
| Jun 30, 2022 | -129.00 Mn |
| Mar 31, 2022 | 1.25 Bn |
| Dec 31, 2021 | 603.00 Mn |
| Sep 30, 2021 | 545.00 Mn |