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Cigna (CI) Q3 2025 earnings results (third quarter 2025)

10-Q filed Oct 30, 2025

Cigna (CI) reported revenue of $69.7B for the third quarter 2025 (Q3 2025), +10% from a year earlier and +4% from the quarter before. Operating margin was 3.7%, net earnings $1.9B (2.7% of revenue).

Revenue$69.7B
Year over year+10%
Quarter over quarter+4%
Operating margin3.7%
Net earnings$1.9B

Cigna, Q3 2025: revenue $69.7B (+10% year over year), operating margin 3.7%, net earnings $1.9B, operating cash flow $3.4B. The chart follows the revenue to costs, profit and cash.

Q3 2025AmountQ/QY/Y
Revenue$69.7B+4%+10%
Operating profit$2.6B+12%+0.1%
Net earnings$1.9B+22%+153%
Operating cash flow$3.4B—74×

What changed

Revenue was $69.7B in Q3 2025, up 10% year over year and up 4% from the previous quarter.

Operating profit was $2.6B, a 3.7% margin (down 0.3 points year over year). Of the extra revenue versus a year earlier, 0% reached operating profit, below the 4% margin then. Total costs grew 10% against revenue growth of 10%. The fastest-growing cost line was Cost of revenue (+17%). Net earnings were $1.9B, up 153% year over year. The effective tax rate was 14.0%.

Operating cash flow was $3.4B (up 7330% year over year), 173% of net income including minority interests. Non-cash charges added back $0.70B of depreciation and amortization. Working capital and other items added $0.75B.

Questions

What was Cigna's revenue in the third quarter 2025?

Cigna (CI) reported revenue of $69.7B for the third quarter 2025 (Q3 2025), +10% from a year earlier and +4% from the quarter before.

Was Cigna profitable in the third quarter 2025?

Operating profit was $2.6B (3.7% of revenue) and net earnings $1.9B.

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Source: Cigna 10-Q on SEC EDGAR.