Centene revenue and financials
$64.27Change from previous close: −0.05%Absolute change: −$0.03
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 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 3,590 | 4,366 | 437 | 1,356 | 1,785 | 1,510 | -587 | -978 | 2,175 | -456 | 217 | 1,021 |
| Depreciation and amortization | 300 | 300 | 329 | 317 | 315 | 314 | 314 | 313 | 306 | 308 | 315 | 328 |
| Capital expenditure | -174 | -200 | -213 | -211 | -208 | — | — | — | — | — | — | — |
| Investing cash flow | -353 | 89.0 | 660 | 1,240 | -899 | -529 | 102 | -839 | -1,167 | 852 | -949 | 435 |
| Financing cash flow | -259 | -1,063 | -187 | -10.0 | -1,174 | -250 | -13.0 | -1,245 | -1,171 | 23.0 | -201 | -524 |
| Share repurchases | -4.0 | -29.0 | -2.0 | 0.0 | -432 | — | — | — | — | — | — | — |
| Debt issued | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 750 | 950 | — | — | 350 | 165 | 889 |
| Debt repaid | -258 | -1,046 | -187 | -1.0 | -749 | — | — | — | — | — | — | — |
| Effect of exchange rates | — | — | 0.0 | 0.0 | 0.0 | 0.0 | 1.0 | — | 1.0 | 6.0 | -51.0 | 26.0 |
| Net change in cash | 2,901 | 3,396 | 772 | 2,586 | -288 | 731 | -494 | -3,065 | -162 | 425 | -998 | 922 |
| Free cash flow | 3,416 | 4,166 | 224 | 1,145 | 1,577 | 1,375 | -741 | -1,131 | 1,989 | -607 | -6.0 | 885 |
| Levered free cash flow | 2,977 | 3,731 | -30.4 | 2,858 | 208 | 1,937 | -674 | 42.6 | 1,080 | 141 | -210 | 1,000 |