Centene Corporation (CNC)
NYSE: CNC · Real-Time Price · USD
63.91
-0.17 (-0.27%)
At close: Jul 28, 2026, 4:00 PM EDT
62.41
-1.50 (-2.35%)
After-hours: Jul 28, 2026, 7:54 PM EDT
Centene Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Net Income | 1,087 | 1,539 | -1,100 | -6,632 | -259 | 1,314 | 280 | 710 | 1,146 | 1,158 | 39 | 475 | 1,055 | 1,130 | -219 | 740 | -171 | 852 | 593 | 581 |
Depreciation & Amortization | 300 | 300 | 329 | 317 | 315 | 314 | 314 | 313 | 306 | 308 | 315 | 328 | 325 | 325 | 351 | 361 | 397 | 390 | 378 | 381 |
Stock-Based Compensation | 59 | 67 | 58 | 52 | 35 | 59 | 31 | 49 | 62 | 70 | 49 | 50 | 56 | 61 | 54 | 51 | 59 | 70 | 76 | 40 |
Other Adjustments | 56 | -65 | 427.5 | 6,872 | -78 | -12 | -18 | -26 | -78 | 17 | -21 | 704 | -15 | -211 | 167 | -487 | 1,148 | 31 | -144 | -88 |
Change in Receivables | 1,347 | -1,353 | 4,818 | -1,537 | 883 | -2,684 | -1,596 | -1,678 | 152 | -1,211 | -51 | -2,010 | 1,619 | -1,938 | -353 | 14 | 1,811 | -3,099 | -730 | -209 |
Changes in Accounts Payable | 1,344 | 2,905 | -3,338 | 2,472 | -354 | 563 | -25 | 1,201 | -293 | -1,411 | 271 | 2,509 | -930 | 1,548 | -265 | 645 | -916 | 957 | 148 | -292 |
Changes in Unearned Revenue | -247 | 217 | 85 | -26 | -187 | 208 | 4 | 60 | -84 | -34 | -1,640 | -17 | -24 | 1,919 | -1,933 | 1,889 | -6 | 81 | 60 | -86 |
Changes in Other Operating Activities | -350 | 756 | -909 | -154 | 1,375 | 1,748 | 355 | -1,616 | 960 | 647 | 1,241 | -1,018 | 460 | 1,435 | 403 | 117 | 1,033 | 1,869 | 294 | 1,475 |
Operating Cash Flow | 3,590 | 4,366 | 437 | 1,356 | 1,785 | 1,510 | -587 | -978 | 2,175 | -456 | 217 | 1,021 | 2,546 | 4,269 | -1,576 | 3,332 | 3,354 | 1,151 | 675 | 1,802 |
Operating Cash Flow Growth (YoY) | 101.12% | 189.14% | - | - | -17.93% | - | - | - | -14.57% | - | - | -69.36% | -24.09% | 270.90% | - | 84.91% | 99.05% | 2576.74% | -77.36% | - |
Investing Activities
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Capital Expenditures | -174 | -200 | -213 | -211 | -208 | -135 | -154 | -153 | -186 | -151 | -223 | -136 | -215 | -225 | -233 | -247 | -282 | -242 | -248 | -225 |
Purchases of Investments | -1,341 | -987 | -776 | -172 | -1,963 | -1,630 | -1,413 | -2,336 | -2,117 | -1,317 | -1,893 | -1,530 | -1,580 | -1,619 | -1,618 | -2,004 | -1,414 | -1,700 | -2,147 | -1,663 |
Proceeds from Sale of Investments | 1,162 | 1,276 | 1,649 | 1,623 | 1,272 | 1,236 | 1,638 | 1,650 | 1,056 | 1,441 | 1,150 | 2,080 | 1,145 | 1,148 | 960 | 837 | 958 | 1,047 | 1,389 | 1,260 |
Cash Acquisitions | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -3 | 55 | -8 | -1,504 | 0 | -394 |
Proceeds from Business Divestments | - | - | - | - | - | - | 31 | 0 | 80 | 879 | 17 | 21 | 226 | 443 | 1,115 | 1,362 | - | - | 130 | 0 |
Other Investing Activities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -2 | - | - |
Investing Cash Flow | -353 | 89 | 660 | 1,240 | -899 | -529 | 102 | -839 | -1,167 | 852 | -949 | 435 | -424 | -253 | 221 | 3 | -744 | -2,401 | -857 | -1,022 |
Financing Activities
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Long-Term Debt Issued | - | - | -750 | 0 | 0 | 750 | 950 | 0 | 0 | 350 | 165 | 889 | 994 | 287 | 3 | 26 | 231 | 100 | 20 | 6,849 |
Long-Term Debt Repaid | -258 | -1,046 | -187 | -1 | -749 | -958 | -28 | -29 | -378 | -187 | -346 | -648 | -1,322 | - | -288 | -289 | -374 | -553 | -23 | -5,161 |
Net Long-Term Debt Issued (Repaid) | -258 | -1,046 | -937 | -1 | -749 | -208 | 922 | -29 | -378 | 163 | -181 | 241 | -328 | 287 | -285 | -263 | -143 | -453 | -3 | 1,688 |
Issuance of Common Stock | 8 | 10 | 8 | 11 | 8 | 10 | 9 | 12 | 11 | 14 | 12 | 11 | 9 | 12 | 8 | 24 | 11 | 27 | - | - |
Repurchase of Common Stock | -4 | -29 | -2 | 0 | -432 | -41 | -943 | -1,227 | -803 | -151 | -31 | -774 | -405 | -423 | -1,433 | -1,243 | -349 | -71 | -248 | -16 |
Net Common Stock Issued (Repurchased) | 4 | -19 | 6 | 11 | -424 | -31 | -934 | -1,215 | -792 | -137 | -19 | -763 | -396 | -411 | -1,425 | -1,219 | -338 | -44 | -248 | -16 |
Other Financing Activities | -5 | 2 | -6 | -1 | -1 | -11 | -1 | -1 | -1 | -3 | -1 | -2 | -26 | -59 | -22 | 1 | -5 | -1 | -61 | -7 |
Financing Cash Flow | -259 | -1,063 | -187 | -10 | -1,174 | -250 | -13 | -1,245 | -1,171 | 23 | -201 | -524 | -750 | -183 | -1,732 | -1,481 | -486 | -498 | -235 | 1,643 |
Net Cash Flow
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Foreign Exchange Rate Adjustments | - | - | - | - | - | - | 1 | 0 | 1 | 6 | -51 | 26 | -9 | 2 | 26 | -28 | -42 | 33 | -3 | 16 |
Net Cash Flow | 2,978 | 3,392 | 910 | 2,586 | -288 | 731 | -497 | -3,062 | -162 | 425 | -984 | 958 | 1,363 | 3,835 | -3,061 | 1,826 | 2,082 | -1,715 | -420 | 2,439 |
Free Cash Flow
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Free Cash Flow | 3,416 | 4,166 | 224 | 1,145 | 1,577 | 1,375 | -741 | -1,131 | 1,989 | -607 | -6 | 885 | 2,331 | 4,044 | -1,809 | 3,085 | 3,072 | 909 | 427 | 1,577 |
Free Cash Flow Growth (YoY) | 116.61% | 202.98% | - | - | -20.71% | - | - | - | -14.67% | - | - | -71.31% | -24.12% | 344.88% | - | 95.63% | 114.08% | - | -84.61% | - |
FCF Margin | 6.38% | 8.34% | 0.45% | 2.30% | 3.24% | 2.95% | -1.82% | -2.69% | 4.99% | -1.50% | -0.02% | 2.33% | 6.20% | 10.40% | -5.09% | 8.60% | 8.55% | 2.44% | 1.31% | 4.87% |
Free Cash Flow Per Share | 6.86 | 8.41 | 0.46 | 2.33 | 3.20 | 2.76 | -1.48 | -2.16 | 3.75 | -1.13 | -0.01 | 1.64 | 4.24 | 7.30 | -3.23 | 5.31 | 5.26 | 1.54 | 0.72 | 2.67 |
Levered Free Cash Flow | 1,706 | 4,473 | -6,084 | -4,234 | -61 | 3,801 | 1,699 | 489 | 1,471 | 685 | -172 | 2,376 | 346 | 6,419 | -2,175 | 3,240 | -89 | 3,451 | 1,228 | 3,525 |
Unlevered Free Cash Flow | 1,749 | 5,342 | -5,290 | -4,512 | 479.44 | 3,852 | 635.21 | 317.65 | 1,632 | 228.48 | -351.25 | 2,121 | 489.08 | 5,991 | -170.71 | 3,114 | 132.53 | 3,985 | 1,147 | 1,693 |