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Cigna CI Gross margin

Gross margin at other companies

CVS Health logo
CVS HealthCVS
44.7%-0.1pp
UnitedHealth Group logo
UnitedHealth GroupUNH
88.6%+0.4pp
Elevance Health logo
Elevance HealthELV
89.2%+0.6pp
Cencora logo
CencoraCOR
3.8%+0.4pp
Centene logo
CenteneCNC
98.7%+0.3pp
Cardinal Health logo
Cardinal HealthCAH
3.8%+0.2pp

Other financials

Income statement

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Revenue$68.5B+4.6%
Gross profit$14.4B-15.8%
Operating income$2.4B+19.6%
Net income$1.7B+25.0%
EPS (diluted)$6.26+29.1%

Balance sheet

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Cash & equivalents$7.0B-15.5%
Total equity$42.2B+4.9%
Total assets$153.27B+1.7%

Cash flow

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Operating cash flow$1.1B-41.1%

Valuation

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Market cap$75.42B-21.1%
P/E12.2×-7.1×
P/S0.3×-0.1×

Profitability

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Operating margin3.4%-0.1pp
Net margin2.2%+0.3pp

Returns & leverage

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Return on equity15%+2.8pp
Debt / equity0.0×
Current ratio0.8×0.0×

Where this comes from

Calculated from Cigna’s reported figures.

Based on trailing twelve months.

The official record: Cigna’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Cigna's gross margin?
Cigna (CI) reported gross margin of 20.6% in Q1 2026.
How has Cigna's gross margin changed year-over-year?
Cigna's gross margin decreased by 20.2% year-over-year, from 25.8% to 20.6%.
What is the long-term trend for Cigna's gross margin?
Over 4 years (2021 to 2025), Cigna's gross margin has grown at a -8.3% compound annual growth rate (CAGR), from 134.5% to 95%.
What does gross margin mean?
How much of every sales dollar is left after the direct cost of what was sold.
How do you interpret gross margin?
Higher and stable gross margins indicate pricing power and a durable cost structure. A declining trend signals input-cost pressure, pricing competition, or a shift toward lower-margin products.
How does gross margin compare across companies?
Highly comparable within an industry, less so across industries — software runs 70%+ while distributors run in single digits. Track the trend more than the absolute level across sectors.