What is Centene's SG&A?

Centene (CNC) reported SG&A of $3.4B in Q1 2026.

How has Centene's SG&A changed year-over-year?

Centene's SG&A increased by 1.3% year-over-year, from $3.35B to $3.4B.

What is the long-term trend for Centene's SG&A?

Over 4 years (2021 to 2025), Centene's SG&A has grown at a 7.7% compound annual growth rate (CAGR), from $9.6B to $12.9B.

Combined selling expenses (sales force, marketing, distribution) and general & administrative costs (management, legal, accounting, facilities) — the broadest opex category.

Centene CNC SG&A

SG&A at other companies

HumanaHUM

$4.02B+19.1%

UnitedHealth GroupUNH

$15.39B+13.2%

Elevance HealthELV

$6.33B+19.4%

Oscar HealthOSCR

$706.23M+46.3%

CencoraCOR

$1.98B+23.6%

Alignment HealthcareALHC

$121.14M+16.7%

Other financials

Income statement

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Revenue$49.9B+7.1%

Gross profit$49.2B+7.2%

Operating income$1.9B+21.3%

Net income$1.5B+17.5%

EPS (diluted)$3.11+18.3%

Balance sheet

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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

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Operating cash flow$4.4B+189%

CapEx$200.0M+48.1%

Free cash flow$4.2B+203%

Valuation

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Market cap$31.7B+19.0%

Enterprise value$26.8B-9.7%

P/S0.2×0.0×

Profitability

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Gross margin98.7%+0.3pp

Operating margin-3.7%-5.8pp

Net margin-3.3%-5.3pp

FCF margin3.6%+2.7pp

Returns & leverage

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Return on equity-26.1%-38.7pp

Debt / equity0.8×+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:SellingGeneralAndAdministrativeExpense.

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

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Questions, answered.

What is Centene's SG&A?: Centene (CNC) reported SG&A of $3.4B in Q1 2026.
How has Centene's SG&A changed year-over-year?: Centene's SG&A increased by 1.3% year-over-year, from $3.35B to $3.4B.
What is the long-term trend for Centene's SG&A?: Over 4 years (2021 to 2025), Centene's SG&A has grown at a 7.7% compound annual growth rate (CAGR), from $9.6B to $12.9B.
What does SG&A mean?: Combined selling expenses (sales force, marketing, distribution) and general & administrative costs (management, legal, accounting, facilities) — the broadest opex category.