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Centene CNC Net Income

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Other financials

Income statement

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Revenue$53.6B+9.9%
Gross profit$52.9B+9.9%
Operating income$1.2B+362%
EPS (diluted)$2.19+529%

Balance sheet

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Cash & equivalents$24.2B+66.4%
Total debt$16.1B-8.4%
Total equity$22.6B-17.7%
Total assets$83.0B-3.9%

Cash flow

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Operating cash flow$3.6B+101%
CapEx$174.0M-16.3%
Free cash flow$3.4B+117%

Valuation

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Market cap$32.34B+128%
Enterprise value$24.3B+41.0%
P/S0.2×+0.1×

Profitability

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Gross margin98.6%+0.2pp
Operating margin-2.8%-3.9pp
Net margin-2.5%-3.7pp
FCF margin4.4%+3.8pp

Returns & leverage

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Return on equity-20.4%-27.9pp
Debt / equity0.7×+0.1×
Current ratio1.1×0.0×

Where this comes from

Reported directly by Centene in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

The source filing: Centene’s 10-Q, filed July 28, 2026.

Filed
Jul 27, 2026, 8:00 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001071739-26-000153
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Income tax expense3992959434
Net earnings (loss)1,087(259)2,6261,055
Loss attributable to noncontrolling interests4663
Net earnings (loss) attributable to Centene Corporation$1,091$(253)$2,632$1,058
Net earnings (loss) per common share attributable to Centene Corporation:
Basic earnings (loss) per common share$2.21$(0.51)$5.34$2.14
Diluted earnings (loss) per common share$2.19$(0.51)$5.30$2.13
Weighted average number of common shares outstanding:

Item 1. Financial Statements.

FAQ

What is Centene's net income?
Centene (CNC) reported net income of $1.09B in Q2 2026.
How has Centene's net income changed year-over-year?
Centene's net income increased by 531.2% year-over-year, from -$253M to $1.09B.
What is the long-term trend for Centene's net income?
Over 3 years (2021 to 2025), Centene's net income has grown at a 70.5% compound annual growth rate (CAGR), from $1.35B to -$6.67B.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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