Business Segments · Segment gross margin
Medicare — Segment gross margin
Centene Medicare — Segment gross margin increased by 311.1% to $1.55B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 29.1%, from $1.20B to $1.55B. Over 4 years (FY 2021 to FY 2025), Medicare — Segment gross margin shows an upward trend with a 7.1% 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 suggest effective pricing, strong medical management, or favorable member risk profiles.
Detailed definition
Calculated as the difference between Medicare segment revenues and the direct medical costs incurred to provide care. Th...
Peer comparison
Comparable to 'Segment Operating Margin' or 'Gross Profit' for Medicare business units at competitors.
Metric ID:
cnc_segment_medicare_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 | $566.50M | $566.50M | $566.50M | $711.00M | $813.00M | $909.00M | $679.00M | $868.00M | $781.00M | $968.00M | $250.00M | $546.00M | $645.00M | $675.00M | $729.00M | $1.20B | $863.00M | $538.00M | $378.00M | $1.55B |
| QoQ Change | — | +0.0% | +0.0% | +25.5% | +14.3% | +11.8% | -25.3% | +27.8% | -10.0% | +23.9% | -74.2% | +118.4% | +18.1% | +4.7% | +8.0% | +65.2% | -28.3% | -37.7% | -29.7% | +311.1% |
| YoY Change | — | — | — | — | +43.5% | +60.5% | +19.9% | +22.1% | -3.9% | +6.5% | -63.2% | -37.1% | -17.4% | -30.3% | +191.6% | +120.5% | +33.8% | -20.3% | -48.1% | +29.1% |
Range$250.00M – $1.55B
CAGR+23.7%
Avg YoY Growth+19.2%
Median YoY Growth+13.2%
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Frequently Asked Questions
- What is Centene's medicare — segment gross margin?
- Centene (CNC) reported medicare — segment gross margin of $1.55B in Q1 2026.
- How has Centene's medicare — segment gross margin changed year-over-year?
- Centene's medicare — segment gross margin increased by 29.1% year-over-year, from $1.20B to $1.55B.
- What is the long-term trend for Centene's medicare — segment gross margin?
- Over 4 years (2021 to 2025), Centene's medicare — segment gross margin has grown at a 7.1% compound annual growth rate (CAGR), from $2.27B to $2.98B.
- What does medicare — segment gross margin mean?
- The profit remaining from Medicare premiums after paying for member medical care.