What is Centene's total cost of revenue?

Centene (CNC) reported total cost of revenue of $702M in Q1 2026.

How has Centene's total cost of revenue changed year-over-year?

Centene's total cost of revenue increased by 0.6% year-over-year, from $698M to $702M.

What is the long-term trend for Centene's total cost of revenue?

Over 4 years (2021 to 2025), Centene's total cost of revenue has grown at a -14.1% compound annual growth rate (CAGR), from $4.89B to $2.67B.

What does total cost of revenue mean?

The aggregate of all direct costs attributable to producing goods and delivering services that generated the company's revenue, including materials, labor, and overhead.

Centene CNC Total Cost of Revenue

Total Cost of Revenue at other companies

CVS HealthCVS

$55.44B+8.6%

UnitedHealth GroupUNH

$12.82B+3.5%

Elevance HealthELV

$5.46B+9.6%

Molina HealthcareMOH

$9.27B-2.2%

CencoraCOR

$74.77B+3.3%

Astrana HealthASTH

$859.36M+56.5%

Segments

By segment

See full

Other$679M+0.7%

Medicaid$23M-4.2%

Commercial$0—

Medicare$0—

Other financials

Income statement

See full

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

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

Reported directly by Centene in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

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

Ask your AI about Centene's total cost of revenue.

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

Connect your AI

Claude

Questions, answered.

What is Centene's total cost of revenue?: Centene (CNC) reported total cost of revenue of $702M in Q1 2026.
How has Centene's total cost of revenue changed year-over-year?: Centene's total cost of revenue increased by 0.6% year-over-year, from $698M to $702M.
What is the long-term trend for Centene's total cost of revenue?: Over 4 years (2021 to 2025), Centene's total cost of revenue has grown at a -14.1% compound annual growth rate (CAGR), from $4.89B to $2.67B.
What does total cost of revenue mean?: The aggregate of all direct costs attributable to producing goods and delivering services that generated the company's revenue, including materials, labor, and overhead.