Centene Corporation (CNC)

Revenue Breakdown

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013	FY 2012
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014	Dec 31, 2013	Dec 31, 2012
Medicaid Revenue	110.43B	101.42B
Medicaid Revenue Growth	8.89%	0.65%
Medicare Revenue	37.21B	23.03B
Medicare Revenue Growth	61.56%	3.46%
Commercial Revenue	42.00B	33.70B
Commercial Revenue Growth	24.63%	35.65%
Other Revenue	5.13B	4.92B
Other Revenue Growth	4.27%	-19.79%
Revenue (Total)	194.78B	163.07B
Revenue (Total) Growth	19.44%	5.89%

Gross Profit

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013	FY 2012
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014	Dec 31, 2013	Dec 31, 2012
Medicaid Gross Margin	-	6.25B
Medicaid Gross Margin Growth	-	-27.72%
Medicare Gross Margin	-	2.60B
Medicare Gross Margin Growth	-	-9.49%
Commercial Gross Margin	-	7.66B
Commercial Gross Margin Growth	-	52.38%
Other Gross Margin	-	565.00M
Other Gross Margin Growth	-	-48.64%
Gross Profit (Total)	34.41B	34.64B
Gross Profit (Total) Growth	-0.66%	9.81%

Key Performance Indicators

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013	FY 2012
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014	Dec 31, 2013	Dec 31, 2012
Total Medicaid Membership	12.52M	13.00M
Total Medicaid Membership Growth	-3.73%	-10.15%
Total Other Membership	15.12M	15.60M
Total Other Membership Growth	-3.09%	19.95%
Total Membership	27.63M	28.60M
Total Membership Growth	-3.38%	4.10%
Medicaid - Health Benefits Ratio (HBR)	93.70%	92.50%
Commercial - Health Benefits Ratio (HBR)	87.90%	77.30%
Medicare - Health Benefits Ratio (HBR)	92.00%	88.70%
Centene's Health Benefits Ratio (HBR)	91.90%	88.30%

Updated Feb 6, 2026. Data Source: Fiscal.ai.