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Centene Corporation revenue

Centene Corporation's revenue was $194.78bn in fiscal 2025, up 19.4% on the year before. Since fiscal 2009 ($4.10bn) it has grown at a compound 27.3% a year. Over the last twelve months it was $203.90bn.

Revenue history

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Centene Corporation: revenue history, annual
Fiscal year2009Dec 20092010Dec 20102011Dec 20112012Dec 20122013Dec 20132014Dec 20142015Dec 20152016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMSept 2026
Revenue4.14.45.28.110.916.622.840.648.460.174.6111.1126.0144.5154.0163.1194.8203.9
Growth on the year before—+8.4%+17.2%+55.6%+33.9%+52.4%+37.4%+78.4%+19.1%+24.3%+24.2%+48.9%+13.4%+14.7%+6.5%+5.9%+19.4%—
Gross profit———————38.746.557.772.2107.814.516.917.617.114.216.1
Gross margin———————95.4%96.2%96.0%96.7%97.0%11.5%11.7%11.5%10.5%7.3%7.9%

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Where the revenue comes from

Fiscal year to December 31, 2025
Segments
Line of business Revenue Share YoY
Medicaid $110B 56.7% ▲ 8.9%
Commercial $42B 21.6% ▲ 24.6%
Medicare $37.2B 19.1% ▲ 61.6%
All Other Segments $5.1B 2.6% ▲ 4.3%
Products and services
Line of business Revenue YoY
Total Premium and Service $175B ▲ 20.0%
Health Care Premium $172B ▲ 20.6%
Services $3B ▼ 5.5%

These categories overlap or exclude eliminations, so shares aren't shown.

From Centene Corporation's 10-K filed February 17, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Revenue against peers

Managed Health Care: the closest covered companies by revenue. Last twelve months.

CompanyRevenueGrowth3-year growth a year
Centene Corporation $203.90bn 9.7% 10.7%
Elevance Health $201.83bn 3.6% 6.2%
Humana $145.68bn 18.3% 13.8%
UnitedHealth Group $450.13bn 6.5% 8.9%
Molina Healthcare, Inc. $44.13bn -0.9% 9.9%
Oscar Health, Inc. $15.32bn 42.8% 45.6%

Compare with peers

Head to head: CNC vs ELVCNC vs HUMCNC vs UNH

More: Managed Health Care stocks compared, Health Care sector, rankings of US companies

Figures from Centene Corporation's SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Centene Corporation.