Business Segments · Non Investment Revenue
Evernorth — Non Investment Revenue
Cigna Evernorth — Non Investment Revenue decreased by 7.1% to $58.21B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 11.9%, from $52B to $58.21B. Over 4 years (FY 2021 to FY 2025), Evernorth — Non Investment Revenue shows an upward trend with a 16.1% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ1 2018
Last reportedQ1 2026Apr 30, 2026
How to read this metric
An increase indicates growth in core service volume or pricing power, while a decrease may signal contract losses or reduced utilization.
Detailed definition
This represents the total revenue generated from core pharmacy benefit management, specialty pharmacy, and medical manag...
Peer comparison
Comparable to core service revenue metrics in other PBMs or health services organizations.
Metric ID:
ci_segment_evernorth_health_services_non_investment_revenueHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $31.55B | $32.67B | $34.05B | $32.29B | $33.72B | $34.67B | $35.11B | $34.51B | $36.72B | $37.23B | $39.13B | $44.89B | $48.25B | $51.55B | $53.49B | $52B | $57.49B | $59.98B | $62.63B | $58.21B |
| QoQ Change | — | +3.5% | +4.2% | -5.2% | +4.4% | +2.8% | +1.3% | -1.7% | +6.4% | +1.4% | +5.1% | +14.7% | +7.5% | +6.8% | +3.8% | -2.8% | +10.5% | +4.3% | +4.4% | -7.1% |
| YoY Change | — | — | — | — | +6.9% | +6.1% | +3.1% | +6.9% | +8.9% | +7.4% | +11.4% | +30.1% | +31.4% | +38.5% | +36.7% | +15.9% | +19.1% | +16.4% | +17.1% | +11.9% |
Range$31.55B – $62.63B
CAGR+13.8%
Avg YoY Growth+16.7%
Median YoY Growth+13.9%
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Frequently Asked Questions
- What is Cigna's evernorth — non investment revenue?
- Cigna (CI) reported evernorth — non investment revenue of $58.21B in Q1 2026.
- How has Cigna's evernorth — non investment revenue changed year-over-year?
- Cigna's evernorth — non investment revenue increased by 11.9% year-over-year, from $52B to $58.21B.
- What is the long-term trend for Cigna's evernorth — non investment revenue?
- Over 4 years (2021 to 2025), Cigna's evernorth — non investment revenue has grown at a 16.1% compound annual growth rate (CAGR), from $127.69B to $232.1B.
- What does evernorth — non investment revenue mean?
- Revenue earned directly from core pharmacy and health management services, excluding investment income.