Tax

Income Tax

Centene Income Tax increased by 226.4% to $560.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 29.6%, from $432.00M to $560.00M. Over 4 years (FY 2021 to FY 2025), Income Tax shows a downward trend with a -42.8% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementIncome Statement
SectionTax
CategoryProfitability
SignalLower is better
VolatilityStable
First reportedQ1 2014
Last reportedQ1 2026

How to read this metric

An increase relative to pre-tax income may signal a higher effective tax rate or changes in tax legislation, while a decrease may indicate tax benefits or lower jurisdictional rates.

Detailed definition

Represents the total provision for income taxes recognized by the company during the reporting period, including both cu...

Peer comparison

Highly dependent on the company's geographic footprint and tax planning strategies compared to peers.

Metric ID: income_tax_expense

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value-$7.00M$139.00M$101.00M$296.00M-$65.00M$269.00M$260.00M$261.00M$360.00M$293.00M$0.00$315.00M$370.00M$211.00M$67.00M$432.00M$2.00M-$42.00M-$443.00M$560.00M
QoQ Change>999%-27.3%+193.1%-122.0%+513.8%-3.3%+0.4%+37.9%-18.6%-100.0%+17.5%-43.0%-68.2%+544.8%-99.5%<-999%-954.8%+226.4%
YoY Change-828.6%+93.5%+157.4%-11.8%+653.8%+8.9%-100.0%+20.7%+2.8%-28.0%+37.1%-99.5%-119.9%-761.2%+29.6%
Range-$443.00M$560.00M
CAGR+151.6%
Avg YoY Growth-63.0%
Median YoY Growth+2.8%

Frequently Asked Questions

What is Centene's income tax?
Centene (CNC) reported income tax of $560.00M in Q1 2026.
How has Centene's income tax changed year-over-year?
Centene's income tax increased by 29.6% year-over-year, from $432.00M to $560.00M.
What is the long-term trend for Centene's income tax?
Over 4 years (2021 to 2025), Centene's income tax has grown at a -42.8% compound annual growth rate (CAGR), from $477.00M to -$51.00M.
What does income tax mean?
The total amount of income tax the company is required to pay on its earnings.