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Cigna vs Centene: CI and CNC compared
Cigna is the larger company: $73.7B of revenue in its latest quarter (Q3 2026) against $50.6B for Centene (Q3 2026). Cigna is growing faster (+6% against +2% a year earlier). Cigna is more profitable, with an operating margin of 3.3% against -0.6%.
Where the money goes: CI and CNC
Cigna (CI) · Q3 2026
Cigna, Q3 2026: revenue $73.7B (+6% year over year), operating margin 3.3%, net earnings $1.4B, operating cash flow $2.6B. The chart follows the revenue to costs, profit and cash.
Centene (CNC) · Q3 2026
Centene, Q3 2026: revenue $50.6B (+2% year over year), operating margin -0.6%, net loss $65.0M, operating cash flow −$3.7B. The chart follows the revenue to costs, profit and cash.
| Cigna (CI) | Centene (CNC) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $73.7B | $50.6B |
| Revenue growth, Y/Y | +6% | +2% |
| Operating margin | 3.3% | -0.6% |
| Net earnings | $1.4B | −$65.0M |
| Net margin | 2.0% | -0.1% |
| Operating cash flow | $2.6B | −$3.7B |
| Market value | $79.5B | $36.7B |
| P/E | 11.9× | 24.6× |
| Analysts’ mean target | $342.56 | $75.39 |
Where the revenue comes from
Centene
- Medicaid: $29.6B (58%)
- Medicare: $11.3B (22%)
- Commercial: $8.7B (17%)
- Other: $1.1B (2%)
Questions
Which is bigger, Cigna or Centene?
Cigna is the larger company: $73.7B of revenue in its latest quarter (Q3 2026) against $50.6B for Centene (Q3 2026).
Is Cigna or Centene growing faster?
Cigna is growing faster (+6% against +2% a year earlier).
Which is more profitable, Cigna or Centene?
Cigna is more profitable, with an operating margin of 3.3% against -0.6%.
More: Cigna earnings · how Cigna makes money · Centene earnings · how Centene makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 5, 2026; 10-Q filed Oct 27, 2026). Fiscal quarters can end on different dates. Not investment advice.