v3.26.3
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Revenues:        
Premium and service revenues $ 45,105 $ 44,898 $ 134,135 $ 129,854
Premium tax 5,542 4,792 20,035 15,198
Total revenues 50,647 49,690 154,170 145,052
Expenses:        
Medical costs 41,128 40,902 118,460 116,213
Cost of services 675 651 2,106 1,990
Selling, general and administrative expenses 3,235 3,145 9,735 9,534
Depreciation expense 138 147 411 430
Amortization of acquired intangible assets 161 170 488 516
Premium tax expense 5,617 4,886 20,218 15,449
Impairment 0 6,743 0 6,798
Total operating expenses 50,954 56,644 151,418 150,930
Earnings (loss) from operations (307) (6,954) 2,752 (5,878)
Other income (expense):        
Investment and other income 333 450 1,175 1,203
Gain on debt extinguishment 1 0 2 0
Interest expense (149) (170) (466) (510)
Earnings (loss) before income tax (122) (6,674) 3,463 (5,185)
Income tax (benefit) expense (57) (42) 902 392
Net earnings (loss) (65) (6,632) 2,561 (5,577)
(Earnings) loss attributable to noncontrolling interests (6) 1 0 4
Net earnings (loss) attributable to Centene Corporation $ (71) $ (6,631) $ 2,561 $ (5,573)
Net earnings (loss) per common share attributable to Centene Corporation:        
Basic earnings (loss) per common share (in dollars per share) $ (0.14) $ (13.50) $ 5.19 $ (11.29)
Diluted earnings (loss) per common share (in dollars per share) $ (0.14) $ (13.50) $ 5.15 $ (11.29)
Weighted average number of common shares outstanding:        
Basic (in shares) 494,143 491,141 493,351 493,644
Diluted (in shares) 494,143 491,141 497,643 493,644
Premium        
Revenues:        
Premium and service revenues $ 44,370 $ 44,126 $ 131,839 $ 127,578
Service        
Revenues:        
Premium and service revenues $ 735 $ 772 $ 2,296 $ 2,276