Centene revenue and financials
$64.30Change from previous close: +2.08%Absolute change: +$1.31
In the fiscal year ended December 2025, Centene reported revenue of $194.78B (+19.44% year over year). The net loss was $6.67B.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +19.44%
- 2025 vs 2024
- Net margin
- -3.4%
- 2024: 2.0%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 194,777 | 163,071 | 153,999 | 144,547 | 125,982 | 111,115 | 74,639 | 60,116 | 48,382 | 40,607 |
| Cost of revenue | 2,670 | 2,729 | 3,564 | 7,032 | 4,894 | 3,303 | 2,465 | 2,386 | 1,847 | 1,864 |
| Gross profit | 14,209 | 17,069 | 17,637 | 16,918 | 14,487 | — | — | — | — | — |
| Selling, general and administrative | 12,904 | 12,400 | 12,563 | 11,589 | — | — | — | — | — | — |
| Operating income | -7,623 | 3,175 | 2,930 | 1,318 | 1,784 | 3,082 | 1,781 | 1,458 | 1,199 | 1,263 |
| EBIT | 1,286 | 4,923 | 4,913 | 4,379 | 4,078 | — | — | — | — | — |
| EBITDA | 2,561 | 6,164 | 6,206 | 5,809 | 5,413 | — | — | — | — | — |
| Interest expense | 678 | 702 | 725 | 665 | 665 | 728 | 412 | 343 | 255 | 217 |
| Pre-tax income | -6,728 | 4,257 | 3,598 | 1,962 | 1,813 | — | — | — | — | — |
| Income tax | -51.0 | 963 | 899 | 760 | 477 | 979 | 473 | 474 | 326 | 599 |
| Net income | -6,674 | 3,305 | 2,702 | 1,202 | 1,347 | 1,808 | 1,321 | 900 | 828 | 562 |
| Net income to common shareholders | -6,674 | 3,305 | 2,702 | 1,202 | 1,347 | — | — | — | — | — |
| Basic EPS | -13.53 | 6.33 | 4.97 | 2.09 | 2.31 | 3.17 | 3.19 | 2.31 | 2.40 | 1.76 |
| Diluted EPS | -13.53 | 6.31 | 4.95 | 2.07 | 2.28 | 3.12 | 3.14 | 2.26 | 2.34 | 1.71 |
| Average shares (basic) | 493 | 522 | 543 | 575 | 583 | — | — | — | — | — |
| Average shares (diluted) | 493 | 524 | 546 | 582 | 591 | 579 | 420 | 399 | 353 | 328 |