Filing Flows › Cigna (CI) › Q4 2025
Cigna (CI) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 26, 2026
Cigna (CI) reported revenue of $72.5B for the fourth quarter 2025 (Q4 2025), +10% from a year earlier and +4% from the quarter before. Operating margin was 3.2%, net earnings $1.2B (1.7% of revenue).
Cigna, Q4 2025: revenue $72.5B (+10% year over year), operating margin 3.2%, net earnings $1.2B, operating cash flow $6.1B. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $72.5B | +4% | +10% |
| Operating profit | $2.3B | -9% | +8% |
| Net earnings | $1.2B | -34% | -13% |
| Operating cash flow | $6.1B | +80% | +18% |
What changed
Revenue was $72.5B in Q4 2025, up 10% year over year and up 4% from the previous quarter.
Operating profit was $2.3B, a 3.2% margin (down 0.1 points year over year). Of the extra revenue versus a year earlier, 3% reached operating profit, below the 3% margin then. Total costs grew 10% against revenue growth of 10%. The fastest-growing cost line was Cost of revenue (+18%). Net earnings were $1.2B, down 13% year over year. The effective tax rate was 29.9%.
Operating cash flow was $6.1B (up 18% year over year), 483% of net income including minority interests. Non-cash charges added back $0.72B of depreciation and amortization. Working capital and other items added $4.2B.
Questions
What was Cigna's revenue in the fourth quarter 2025?
Cigna (CI) reported revenue of $72.5B for the fourth quarter 2025 (Q4 2025), +10% from a year earlier and +4% from the quarter before.
Was Cigna profitable in the fourth quarter 2025?
Operating profit was $2.3B (3.2% of revenue) and net earnings $1.2B.
Source: Cigna 10-K on SEC EDGAR.