FY2025 · ended Dec 31, 2025 · Revenue $174.58B, +20.0% YoY · Filed Feb 17, 2026
Centene Corporation (CNC) files with the SEC under industry code 6324, Hospital & Medical Service Plans. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $174.6 billion and a net loss of $6.7 billion. Free cash flow was $4.3 billion. As of Sep 30, 2026 it held $38.4 billion in cash and investments and $15.5 billion in total debt.
Revenue (TTM)
$178.86B
+7.7% vs year-ago TTM
Net income (TTM)
$1.46B
+127.6% vs year-ago TTM
Operating cash flow (TTM)
$4.72B
+16.2% vs year-ago TTM
Free cash flow (TTM)
$3.94B
+17.5% vs year-ago TTM
EPS (TTM)
$2.94
+127.6% vs year-ago TTM
Dividend per share
None
Shares outstanding
491.77M
-0.9% vs prior year
Net cash
$22.84B
as of Sep 30, 2026
Operating margin
0.6%
FY 2026
Company profile
- Industry
- Hospital & Medical Service Plans (SIC 6324)
- Listed as
- CNC (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- St Louis, MO
- SEC filer status
- Large accelerated filer
- SEC CIK
- 1071739
Other Hospital & Medical Service Plans companies
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $174.6B | $145.5B | $140.1B | $135.5B | $118.0B |
| Operating income | -$7.6B | $3.2B | $2.9B | $1.3B | $1.8B |
| Net income | -$6.7B | $3.3B | $2.7B | $1.2B | $1.3B |
| Diluted EPS | -$13.53 | $6.31 | $4.95 | $2.07 | $2.28 |
| Operating cash flow | $5.1B | $154.0M | $8.1B | $6.3B | $4.2B |
| Free cash flow | $4.3B | -$490.0M | $7.3B | $5.3B | $3.3B |
| Total assets | $76.7B | $82.4B | $84.6B | $76.9B | $78.4B |
| Total liabilities | $56.7B | $55.9B | $58.7B | $52.6B | $51.4B |
| Stockholders' equity | $20.0B | $26.4B | $25.8B | $24.1B | $26.8B |
| Cash and investments | $37.4B | $34.1B | $35.9B | $29.1B | $28.7B |
| Total debt | $18.3B | $19.5B | $19.0B | $21.5B | $22.8B |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K |
Current report
Results of operations
|
Oct 27, 2026 | Oct 27, 2026 |
| 10-Q | Quarterly report | Oct 27, 2026 | Sep 30, 2026 |
| 8-K |
Current report
Other events
|
Oct 8, 2026 | Oct 8, 2026 |
| 8-K |
Current report
Regulation FD disclosure
|
Sep 16, 2026 | Sep 16, 2026 |
| 8-K |
Current report
Officer or director change, Regulation FD disclosure
|
Aug 17, 2026 | Aug 12, 2026 |
| 8-K |
Current report
Other events
|
Jul 29, 2026 | Jul 29, 2026 |
All 1001 Centene Corporation SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.