Business Segments · Segment gross margin
Medicaid — Segment gross margin
Centene Medicaid — Segment gross margin increased by 0.6% to $1.62B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 13.0%, from $1.43B to $1.62B. Over 4 years (FY 2021 to FY 2025), Medicaid — Segment gross margin shows a downward trend with a -10.9% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2021
Last reportedQ1 2026
Rolls up toGross Profit
How to read this metric
Higher margins indicate effective pricing and medical cost control, while lower margins suggest competitive pressure or rising medical utilization.
Detailed definition
The difference between total Medicaid segment revenues and the direct costs of providing medical care and services. It m...
Peer comparison
Comparable to 'Segment Operating Income' or 'Gross Profit' in managed care financial reporting.
Metric ID:
cnc_segment_medicaid_segment_gross_marginHistorical 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 | $2.26B | $2.26B | $2.26B | $2.35B | $2.23B | $2.08B | $2.13B | $2.22B | $2.43B | $2.01B | $1.98B | $1.94B | $1.46B | $1.48B | $1.37B | $1.43B | $1.12B | $1.53B | $1.61B | $1.62B |
| QoQ Change | — | +0.0% | +0.0% | +3.9% | -5.0% | -6.7% | +2.5% | +4.0% | +9.8% | -17.3% | -1.7% | -1.7% | -24.8% | +1.0% | -7.4% | +4.8% | -22.0% | +37.2% | +5.0% | +0.6% |
| YoY Change | — | — | — | — | -1.3% | -8.0% | -5.7% | -5.5% | +9.2% | -3.2% | -7.2% | -12.3% | -40.0% | -26.7% | -30.9% | -26.3% | -23.5% | +3.9% | +17.8% | +13.0% |
Range$1.12B – $2.43B
CAGR-6.8%
Avg YoY Growth-9.2%
Median YoY Growth-6.4%
Current Streak3 quarters growth
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Frequently Asked Questions
- What is Centene's medicaid — segment gross margin?
- Centene (CNC) reported medicaid — segment gross margin of $1.62B in Q1 2026.
- How has Centene's medicaid — segment gross margin changed year-over-year?
- Centene's medicaid — segment gross margin increased by 13.0% year-over-year, from $1.43B to $1.62B.
- What is the long-term trend for Centene's medicaid — segment gross margin?
- Over 4 years (2021 to 2025), Centene's medicaid — segment gross margin has grown at a -10.9% compound annual growth rate (CAGR), from $9.04B to $5.69B.
- What does medicaid — segment gross margin mean?
- The profit remaining from Medicaid operations after paying for medical care and service costs.