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Cigna CI Cigna Healthcare — Medical costs and other benefit expenses

Other segment segments

Evernorth Health Services
$0

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Other financials

Income statement

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Revenue$71.7B+6.7%
Gross profit$15.0B+7.6%
Operating income$2.7B+16.0%
Net income$1.7B+1.7%
EPS (diluted)$6.29+10.2%

Balance sheet

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Cash & equivalents$6.3B+45.5%
Total debt$31.9B
Total equity$42.6B+6.0%
Total assets$157.08B+3.6%

Cash flow

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Operating cash flow$1.1B-41.1%

Valuation

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Market cap$71.48B-0.8%
Enterprise value$97.06B
P/E11.5×-1.9×
P/S0.3×0.0×

Profitability

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Gross margin20.6%-3.7pp
Operating margin3.5%+0.1pp
Net margin2.2%+0.1pp
FCF margin5.5%

Returns & leverage

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Return on equity15%+1.8pp
Debt / equity0.7×
Current ratio0.8×+0.1×

Where this comes from

Reported directly by Cigna in its filing.

Tagged under the XBRL concept us-gaap:PolicyholderBenefitsAndClaimsIncurredNet.

The source filing: Cigna’s 10-Q, filed July 30, 2026.

Filed
Jul 30, 2026, 12:37 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001739940-26-000065
(In millions)Evernorth Health ServicesCigna HealthcareOther OperationsCorporate and EliminationsTotal
Net investment results from certain equity method investments(110)(110)
Adjusted revenues$61,468$11,728$131$(1,769)$71,558
Pharmacy and other service costs58,531
Medical costs8,161
Selling, general and administrative expenses1,0442,293
Other segment items (1)
Interest (expense) and other2
Less: Income attributable to noncontrolling interests230

Item 1. Financial Statements (Unaudited)

FAQ

What is Cigna's cigna healthcare — medical costs and other benefit expenses?
Cigna (CI) reported cigna healthcare — medical costs and other benefit expenses of $8.16B in Q2 2026.
How has Cigna's cigna healthcare — medical costs and other benefit expenses changed year-over-year?
Cigna's cigna healthcare — medical costs and other benefit expenses increased by 9.1% year-over-year, from $7.48B to $8.16B.
What is the long-term trend for Cigna's cigna healthcare — medical costs and other benefit expenses?
Over 3 years (2022 to 2025), Cigna's cigna healthcare — medical costs and other benefit expenses has grown at a 2.5% compound annual growth rate (CAGR), from $31.12B to $33.47B.
What does cigna healthcare — medical costs and other benefit expenses mean?
Represents the total medical claims and benefit expenses paid out by the insurance segment to cover member healthcare services. This is the primary variable cost for an insurance business and is a key driver of the medical loss ratio.

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