Centene Corporation (CNC) Q2 2025 10-Q Quarterly Report

Filed: Jul 25, 2025Period ending Jun 30, 2025
Financials
Hospital & Medical Service PlansSEC EDGAR

Centene Corporation (CNC) 10-Q quarterly report for Q2 2025, filed with SEC EDGAR on Jul 25, 2025 for the fiscal period ending Jun 30, 2025. This page provides AI-powered analysis including management discussion & analysis (MD&A), risk factor updates, and key quarterly financial data such as revenue and net income extracted from XBRL.

Centene Corporation Q2 2025 10-Q Analysis

Risk Factors

  • New risk: 2025 Marketplace morbidity higher than expected due to independent actuarial data and increased Medicaid costs in behavioral health and drugs
  • Most updated risk: Expiration of COVID-19 Public Health Emergency increased Medicaid member acuity, raising health benefits ratio and delaying adequate rate adjustments
+3 more insights

Centene Corporation Q2 2025 Quarterly Financials
XBRL

Revenue

$42.5B

+18.1% YoY -0.1% QoQ

Net Income

-$253M

-122.1% YoY -119.3% QoQ

Gross Margin

7.1%

-548bp YoY -534bp QoQ

Operating Margin

-1.1%

-449bp YoY -469bp QoQ

Net Margin

-0.6%

-378bp YoY -368bp QoQ

EPS (Diluted)

$-0.50

-123.1% YoY -119.0% QoQ

Operating Cash Flow

$1.8B

-17.9% YoY +18.2% QoQ

Source: XBRL data from Centene Corporation Q2 2025 10-Q filing on SEC EDGAR. All figures in USD.

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