CENTENE CORP (CNC) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	194.7B	194.8B	163.1B	154.0B	144.5B
Cost of Revenue	162.7B	170.9B	146.2B	136.7B	127.9B
Gross Profit	31.9B	23.8B	16.8B	17.3B	16.7B
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	13.5B	13.3B	12.4B	12.6B	11.6B
General & Admin Expense	10.4B	13.3B	—	—	—
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	17.3B	18.2B	1.3B	1.8B	3.7B
Total Operating Expenses	30.8B	31.5B	13.7B	14.4B	15.3B
Cost and Expenses	193.5B	202.4B	159.9B	151.1B	143.2B
Operating Income (EBIT)	1.2B	(7.6B)	3.2B	2.9B	1.3B
Non-Operating
Interest Income	—	—	—	—	—
Interest Expense	634.0M	678.0M	702.0M	725.0M	665.0M
Net Interest Income	(634.0M)	(678.0M)	(702.0M)	(725.0M)	(665.0M)
Other Non-Op Income/Expense	731.4M	890.4M	1.1B	668.0M	644.0M
Non-Operating Income (excl Interest)	(1.4B)	(1.2B)	(1.8B)	(1.4B)	(1.3B)
EBT (Pre-Tax Income)	1.9B	(6.7B)	4.3B	3.6B	2.0B
Income Tax Expense	459.0M	(51.0M)	963.0M	899.0M	760.0M
Bottom Line
Net Income	1.5B	(6.7B)	3.3B	2.7B	1.2B
Earnings from Cont. Ops	1.5B	(6.7B)	3.3B	2.7B	1.2B
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	1.5B	(6.7B)	3.3B	2.7B	1.2B
Per Share
Basic EPS	$2.96	($13.61)	$6.33	$4.97	$2.09
Diluted EPS	$2.92	($13.62)	$6.31	$4.95	$2.07
Revenue Per Share	$394.00	$396.64	$312.52	$283.44	$251.30
Shares
Basic Shares Outstanding	494.1M	491.1M	521.8M	543.3M	575.2M
Diluted Shares Outstanding	494.1M	491.1M	523.7M	545.7M	582.0M
Profitability Metrics
EBITDA	3.8B	(5.1B)	6.2B	5.6B	4.2B
D&A	1.2B	1.3B	1.2B	1.3B	1.6B
EBIT	2.6B	(6.4B)	5.0B	4.3B	2.6B

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Sep 1, 2026