What is Centene's gross profit?

Centene (CNC) reported gross profit of $49.24B in Q1 2026.

How has Centene's gross profit changed year-over-year?

Centene's gross profit increased by 7.2% year-over-year, from $45.92B to $49.24B.

What is the long-term trend for Centene's gross profit?

Over 4 years (2021 to 2025), Centene's gross profit has grown at a 12.2% compound annual growth rate (CAGR), from $121.09B to $192.11B.

What does gross profit mean?

Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

Centene CNC Gross Profit

Gross Profit at other companies

UnitedHealth GroupUNH

$98.9B+1.8%

Elevance HealthELV

$44.72B+1.8%

CencoraCOR

$3.59B+17.3%

Astrana HealthASTH

$105.74M+48.2%

Evolent Health, Inc.EVH

$83.77M-18.2%

ARD

Ardent Health PartnersARDT

$1.56B+6.7%

Segments

By segment

See full

Commercial$2.36B-7.2%

Medicaid$1.62B+13.0%

Medicare$1.55B+29.1%

Other$120M+9.1%

Other financials

Income statement

See full

Revenue$49.9B+7.1%

Operating income$1.9B+21.3%

Net income$1.5B+17.5%

EPS (diluted)$3.11+18.3%

Balance sheet

See full

Cash & equivalents$21.3B+43.5%

Total debt$16.4B-10.6%

Total equity$21.4B-23.2%

Total assets$81.2B-6.7%

Cash flow

See full

Operating cash flow$4.4B+189%

CapEx$200.0M+48.1%

Free cash flow$4.2B+203%

Valuation

See full

Market cap$32.46B+20.7%

Enterprise value$27.56B-8.0%

P/S0.2×0.0×

Profitability

See full

Gross margin98.7%+0.3pp

Operating margin-3.7%-5.8pp

Net margin-3.3%-5.3pp

FCF margin3.6%+2.7pp

Returns & leverage

See full

Return on equity-26.1%-38.7pp

Debt / equity0.8×+0.1×

Current ratio1.1×0.0×

Where this comes from

Calculated from Centene’s reported figures.

$49.9Btotal revenue−$702.0Mtotal cost of revenue=$49.24B

The official record: Centene’s 10-Q, filed April 28, 2026, on SEC EDGAR. View the filing →

Ask your AI about Centene's gross profit.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Centene's gross profit?: Centene (CNC) reported gross profit of $49.24B in Q1 2026.
How has Centene's gross profit changed year-over-year?: Centene's gross profit increased by 7.2% year-over-year, from $45.92B to $49.24B.
What is the long-term trend for Centene's gross profit?: Over 4 years (2021 to 2025), Centene's gross profit has grown at a 12.2% compound annual growth rate (CAGR), from $121.09B to $192.11B.
What does gross profit mean?: Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.