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Cigna CI Evernorth Health Services — Non Investment Revenue

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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 ci:NonInvestmentRevenue.

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
Three months ended June 30, 2026
Revenues from external customers$61,077$10,268$51$71,396
Intersegment revenues3721,3957(1,774)
Net investment income19175735272
Total revenues61,46811,838131(1,769)71,668
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

Item 1. Financial Statements (Unaudited)

FAQ

What is Cigna's evernorth health services — non investment revenue?
Cigna (CI) reported evernorth health services — non investment revenue of $61.08B in Q2 2026.
How has Cigna's evernorth health services — non investment revenue changed year-over-year?
Cigna's evernorth health services — non investment revenue increased by 6.2% year-over-year, from $57.49B to $61.08B.
What is the long-term trend for Cigna's evernorth health services — non investment revenue?
Over 4 years (2021 to 2025), Cigna's evernorth health services — non investment revenue has grown at a 16.1% compound annual growth rate (CAGR), from $127.69B to $232.1B.
What does evernorth health services — non investment revenue mean?
This represents the total revenue generated from core pharmacy benefit management, specialty pharmacy, and medical management services, excluding income derived from investment portfolios. It serves as a primary indicator of the operational scale and market demand for the company's core health service offerings.

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