Filing Flows › Cigna (CI) › Q1 2025
Cigna (CI) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 2, 2025
Cigna (CI) reported revenue of $65.5B for the first quarter 2025 (Q1 2025), +14% from a year earlier and -0.2% from the quarter before. Operating margin was 3.0%, net earnings $1.3B (2.0% of revenue).
Cigna, Q1 2025: revenue $65.5B (+14% year over year), operating margin 3.0%, net earnings $1.3B, operating cash flow $1.9B. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $65.5B | -0.2% | +14% |
| Operating profit | $2.0B | -9% | -13% |
| Net earnings | $1.3B | -7% | — |
| Operating cash flow | $1.9B | -63% | -60% |
What changed
Revenue was $65.5B in Q1 2025, up 14% year over year and roughly flat from the previous quarter.
Operating profit was $2.0B, a 3.0% margin (down 0.9 points year over year). Operating profit fell $0.28B even though revenue rose $8.2B versus a year earlier, so costs grew faster than sales. Total costs grew 16% against revenue growth of 14%. The fastest-growing cost line was Cost of revenue (+17%). Net earnings were $1.3B. The effective tax rate was 14.5%.
Operating cash flow was $1.9B (down 60% year over year), 136% of net income including minority interests. Non-cash charges added back $0.67B of depreciation and amortization. Working capital and other items used $0.16B.
Questions
What was Cigna's revenue in the first quarter 2025?
Cigna (CI) reported revenue of $65.5B for the first quarter 2025 (Q1 2025), +14% from a year earlier and -0.2% from the quarter before.
Was Cigna profitable in the first quarter 2025?
Operating profit was $2.0B (3.0% of revenue) and net earnings $1.3B.
Source: Cigna 10-Q on SEC EDGAR.