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    <filerInfo>
      <registrantType>IM</registrantType>
      <liveTestFlag>LIVE</liveTestFlag>
      <filer>
        <issuerCredentials>
          <cik>0002085256</cik>
          <ccc>XXXXXXXX</ccc>
          <!--Field: Pseudo-Tag; ID: Name; Data:-->
        </issuerCredentials>
      </filer>
      <flags>
        <overrideInternetFlag>false</overrideInternetFlag>
        <confirmingCopyFlag>false</confirmingCopyFlag>
      </flags>
      <periodOfReport>06/30/2026</periodOfReport>
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    <coverPage>
      <yearOrQuarter>YEAR</yearOrQuarter>
      <reportCalendarYear>2026</reportCalendarYear>
      <reportingPerson>
        <name>Cambridge Financial Group, LLC</name>
        <phoneNumber>520-531-0550</phoneNumber>
        <address>
          <com:street1>6700 N ORACLE RD.</com:street1>
          <com:street2>SUITE 324</com:street2>
          <com:city>TUCSON</com:city>
          <com:stateOrCountry>AZ</com:stateOrCountry>
          <com:zipCode>85704</com:zipCode>
        </address>
      </reportingPerson>
      <agentForService>
        <name>Bonnie Courtney</name>
        <address>
          <com:street1>6700 N Oracle Rd.</com:street1>
          <com:street2>Suite 324</com:street2>
          <com:city>Tucson</com:city>
          <com:stateOrCountry>AZ</com:stateOrCountry>
          <com:zipCode>85704</com:zipCode>
        </address>
      </agentForService>
      <reportInfo>
        <reportType>INSTITUTIONAL MANAGER NOTICE REPORT</reportType>
        <noticeExplanation>REPORTING PERSON DID NOT EXERCISE VOTING</noticeExplanation>
        <confidentialTreatment>N</confidentialTreatment>
      </reportInfo>
      <fileNumber>028-25774</fileNumber>
      <reportingCrdNumber>000117428</reportingCrdNumber>
      <explanatoryInformation>
        <explanatoryChoice>N</explanatoryChoice>
      </explanatoryInformation>
    </coverPage>
    <signaturePage>
      <reportingPerson>Cambridge Financial Group, LLC</reportingPerson>
      <txSignature>Bonnie Courtney</txSignature>
      <txPrintedSignature>Bonnie Courtney</txPrintedSignature>
      <txTitle>Ops Manager, CCO</txTitle>
      <txAsOfDate>07/13/2026</txAsOfDate>
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