Cigna Corporation

EDGAR

Annual consolidated revenue for 2025: about USD 274.9B, using the latest reported figures. The previous period, 2024, was about USD 247.1B.

Watchlist

Latest quarter

Revenue

71.7 billion USD

2026 Q2 · USD

Exact inputs and evidence
  • Revenue: 71668000000 USD Source

Operating margin

3.73%

2026 Q2 · %

Exact inputs and evidence
  • Operating Income: 2676000000 USD Source
  • Revenue: 71668000000 USD Source

Operating cash flow

-421 million USD

2026 Q2 · USD

Exact inputs and evidence
  • Operating Cash Flow: 710000000 USD Source
  • Operating Cash Flow: 1131000000 USD Source
Cash and cash equivalents
6.3 billion USD Source
Exact value

6298000000 USD

Long-term debt including current maturities
Not available
Shares outstanding
263 million shares Source
Exact value

263464000 shares

Reported share-count change

-3.77% · -10.3 million shares

Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.

Exact inputs and evidence
  • 273789000 shares · 2024-12-31· Source
  • 263464000 shares · 2025-12-31· Source

Trailing twelve months

The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.

Revenue

282 billion USD

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Revenue: 69748000000 USD · 2025-07-01 – 2025-09-30 Source
  • Revenue: 274900000000 USD · 2025-01-01 – 2025-12-31 Source
  • Revenue: 202428000000 USD · 2025-01-01 – 2025-09-30 Source
  • Revenue: 68494000000 USD · 2026-01-01 – 2026-03-31 Source
  • Revenue: 71668000000 USD · 2026-04-01 – 2026-06-30 Source

Operating cash flow

10.3 billion USD

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Operating cash flow: 3452000000 USD · 2025-01-01 – 2025-09-30 Source
  • Operating cash flow: 34000000 USD · 2025-01-01 – 2025-06-30 Source
  • Operating cash flow: 9601000000 USD · 2025-01-01 – 2025-12-31 Source
  • Operating cash flow: 3452000000 USD · 2025-01-01 – 2025-09-30 Source
  • Operating cash flow: 1131000000 USD · 2026-01-01 – 2026-03-31 Source
  • Operating cash flow: 710000000 USD · 2026-01-01 – 2026-06-30 Source
  • Operating cash flow: 1131000000 USD · 2026-01-01 – 2026-03-31 Source

Capital expenditure

1.05 billion USD

2019-01-01 – 2019-12-31

Exact inputs and evidence
  • Capital expenditure: 194000000 USD · 2019-01-01 – 2019-03-31 Source
  • Capital expenditure: 497000000 USD · 2019-01-01 – 2019-06-30 Source
  • Capital expenditure: 194000000 USD · 2019-01-01 – 2019-03-31 Source
  • Capital expenditure: 740000000 USD · 2019-01-01 – 2019-09-30 Source
  • Capital expenditure: 497000000 USD · 2019-01-01 – 2019-06-30 Source
  • Capital expenditure: 1050000000 USD · 2019-01-01 – 2019-12-31 Source
  • Capital expenditure: 740000000 USD · 2019-01-01 – 2019-09-30 Source

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-07-30.

Financial data available through: 2025-12-31.

Coverage by financial measure
  • Revenue: 10 of 11 periods available· newest 2025-12-31
  • Operating income: 10 of 11 periods available· newest 2025-12-31
  • Net income: 3 of 11 periods available· newest 2025-12-31
  • Operating cash flow: 10 of 11 periods available· newest 2025-12-31
  • Capital expenditure: 4 of 11 periods available· newest 2019-12-31
  • Total assets: 9 of 11 periods available· newest 2025-12-31
  • Total liabilities: 9 of 11 periods available· newest 2025-12-31
  • Current assets: 9 of 11 periods available· newest 2025-12-31
  • Current liabilities: 9 of 11 periods available· newest 2025-12-31
  • Cash and cash equivalents: 10 of 11 periods available· newest 2025-12-31
  • long term debt: No compatible figures in this window
  • Shares outstanding: 10 of 11 periods available· newest 2025-12-31

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    +11.2%

    Prior period

    USD 247.12 billion

    –

    Current period

    USD 274.9 billion

    –

    Exact inputs and evidence

    274900000000 − 247121000000 = 27779000000 USD

    247121000000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    274900000000 USD · 2025-01-01 – 2025-12-31

    Inspect current input Current source
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  • Net income

    +73.5%

    Prior period

    USD 3.43 billion

    –

    Current period

    USD 5.96 billion

    –

    Exact inputs and evidence

    5957000000 − 3434000000 = 2523000000 USD

    3434000000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    5957000000 USD · 2025-01-01 – 2025-12-31

    Inspect current input Current source
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  • Operating cash flow

    -7.4%

    Prior period

    USD 10.36 billion

    –

    Current period

    USD 9.6 billion

    –

    Exact inputs and evidence

    9601000000 − 10363000000 = -762000000 USD

    10363000000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    9601000000 USD · 2025-01-01 – 2025-12-31

    Inspect current input Current source
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Comparable inputs unavailable for: Capital expenditure.

Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2025 2025-01-01 – 2025-12-31

  • Revenue USD 274.9 billion 100% of revenue
  • Operating costs Derived USD 265.7 billion 97% of revenue
  • Operating income USD 9.2 billion 3.3% of revenue
  • Tax, interest and other Derived USD 3.24 billion 1.2% of revenue
  • Net income USD 5.96 billion 2.2% of revenue

Cash

  • Operating cash flow USD 9.6 billion 3.5% of revenue
  • Capital expenditure Unavailable An input is unavailable.
  • Free cash flow Derived Unavailable An input is unavailable.

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2016 Not shown: operating income or net income is not reported.
  • 2017 Not shown: operating income or net income is not reported.
  • 2018 Not shown: operating income or net income is not reported.
  • 2019 Not shown: operating income or net income is not reported.
  • 2020 Not shown: operating income or net income is not reported.
  • 2021 Not shown: operating income or net income is not reported.
  • 2022 Not shown: operating income or net income is not reported.
  • 2023 96%
  • 2024 96%
  • 2025 97%
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2016 2016-01-01 – 2016-12-3139838000000 36750000000 Derived 3088000000 UnavailableUnavailable3565000000 Derived
Source
2017 2017-01-01 – 2017-12-3141806000000 37864000000 Derived 3942000000 UnavailableUnavailable3615000000 Derived
Source
2018 2018-01-01 – 2018-12-3148650000000 44490000000 Derived 4160000000 UnavailableUnavailable3242000000 Derived
Source
2019 2019-01-01 – 2019-12-31153566000000 145489000000 Derived 8077000000 UnavailableUnavailable8435000000 Derived
Source
2020 2020-01-01 – 2020-12-31160401000000 152248000000 Derived 8153000000 UnavailableUnavailableUnavailable
Source
2021 2021-01-01 – 2021-12-31174069000000 166128000000 Derived 7941000000 UnavailableUnavailableUnavailable
Source
2022 2022-01-01 – 2022-12-31180518000000 172068000000 Derived 8450000000 UnavailableUnavailableUnavailable
Source
2023 2023-01-01 – 2023-12-31195265000000 186729000000 Derived 8536000000 3372000000 Derived 5164000000 Unavailable
Source
2024 2024-01-01 – 2024-12-31247121000000 237704000000 Derived 9417000000 5983000000 Derived 3434000000 Unavailable
Source
2025 2025-01-01 – 2025-12-31274900000000 265700000000 Derived 9200000000 3243000000 Derived 5957000000 Unavailable
Source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 274.9B 2025
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.296.9B222.7B148.4B74.2B0.0201620212025
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Revenue39838000000
2017Revenue41806000000
2018Revenue48650000000
2019Revenue153566000000
2020Revenue160401000000
2021Revenue174069000000
2022Revenue180518000000
2023Revenue195265000000
2024Revenue247121000000
2025Revenue274900000000

Revenue growth

Change in revenue from the same financial period one year earlier.

11.2% 2025
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.233%175%116%58%0%201620212025
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2016Year over yearNo prior comparable period
2017Year over year4.9%
2018Year over year16.4%
2019Year over year215.7%
2020Year over year4.5%
2021Year over year8.5%
2022Year over year3.7%
2023Year over year8.2%
2024Year over year26.6%
2025Year over year11.2%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin 3.3% 2025
Net margin 2.2% 2025
Free cash flow margin 5.5% 2019
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.10.2%7.6%5.1%2.5%0.0%201620212025
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2016Operating margin7.8%
2017Operating margin9.4%
2018Operating margin8.6%
2019Operating margin5.3%
2020Operating margin5.1%
2021Operating margin4.6%
2022Operating margin4.7%
2023Operating margin4.4%
2024Operating margin3.8%
2025Operating margin3.3%
2016-12-31Net marginNot reported
2017-12-31Net marginNot reported
2018-12-31Net marginNot reported
2019-12-31Net marginNot reported
2020-12-31Net marginNot reported
2021-12-31Net marginNot reported
2022-12-31Net marginNot reported
2023Net margin2.6%
2024Net margin1.4%
2025Net margin2.2%
2016Free cash flow margin8.9%
2017Free cash flow margin8.6%
2018Free cash flow margin6.7%
2019Free cash flow margin5.5%
2020Free cash flow marginNot reported
2021Free cash flow marginNot reported
2022Free cash flow marginNot reported
2023Free cash flow marginNot reported
2024Free cash flow marginNot reported
2025Free cash flow marginNot reported

Operating cash flow

Cash generated by the company’s normal business operations.

USD 9.6B 2025
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.12.8B9.6B6.4B3.2B0.0201620212025
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Operating cash flow4026000000
2017Operating cash flow4086000000
2018Operating cash flow3770000000
2019Operating cash flow9485000000
2020Operating cash flow10350000000
2021Operating cash flow7191000000
2022Operating cash flow8656000000
2023Operating cash flow11813000000
2024Operating cash flow10363000000
2025Operating cash flow9601000000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

USD 8.4B 2019
Free cash flow historyOperating cash flow minus capital expenditure for the same period and unit. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.9.1B6.8B4.6B2.3B0.0201620212025
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Free cash flow3565000000
2017Free cash flow3615000000
2018Free cash flow3242000000
2019Free cash flow8435000000
2020Free cash flowUnavailable
2021Free cash flowUnavailable
2022Free cash flowUnavailable
2023Free cash flowUnavailable
2024Free cash flowUnavailable
2025Free cash flowUnavailable

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

73.5% 2025
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.84%63%42%21%0%2016-12-3120212025
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2016-12-31Liabilities / assetsNot reportedNo source recorded
2017Liabilities / assets77.7%
2018Liabilities / assets73.2%
2019Liabilities / assets70.9%
2020Liabilities / assets67.6%
2021Liabilities / assets69.5%
2022Liabilities / assets68.9%
2023Liabilities / assets69.7%
2024Liabilities / assets73.5%
2025Liabilities / assets73.5%

Current assets to current liabilities

Current assets divided by current liabilities.

0.85× 2025
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.0.92×0.69×0.46×0.23×0.00×2016-12-3120212025
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2016-12-31Current assets / current liabilitiesNot reportedNo source recorded
2017Current assets / current liabilities0.85×
2018Current assets / current liabilities0.64×
2019Current assets / current liabilities0.74×
2020Current assets / current liabilities0.77×
2021Current assets / current liabilities0.83×
2022Current assets / current liabilities0.73×
2023Current assets / current liabilities0.77×
2024Current assets / current liabilities0.84×
2025Current assets / current liabilities0.85×

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2016 2016-01-01 – 2016-12-31
Unavailable Not reported for this period.
USD 4.03 billion
Exact value

Exact value: 4026000000 USD

2016-01-01 – 2016-12-31: 4026000000 USD Inspect Operating Cash Flow Open source
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USD 461 million
Exact value

Exact value: 461000000 USD

2016-01-01 – 2016-12-31: 461000000 USD Inspect Capital Expenditure Open source
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USD 3.57 billion
Calculation and evidence

4026000000 − 461000000 USD

Exact free cash flow: 3565000000 USD

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2017 2017-01-01 – 2017-12-31
Unavailable Not reported for this period.
USD 4.09 billion
Exact value

Exact value: 4086000000 USD

2017-01-01 – 2017-12-31: 4086000000 USD Inspect Operating Cash Flow Open source
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USD 471 million
Exact value

Exact value: 471000000 USD

2017-01-01 – 2017-12-31: 471000000 USD Inspect Capital Expenditure Open source
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USD 3.62 billion
Calculation and evidence

4086000000 − 471000000 USD

Exact free cash flow: 3615000000 USD

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2018 2018-01-01 – 2018-12-31
Unavailable Not reported for this period.
USD 3.77 billion
Exact value

Exact value: 3770000000 USD

2018-01-01 – 2018-12-31: 3770000000 USD Inspect Operating Cash Flow Open source
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USD 528 million
Exact value

Exact value: 528000000 USD

2018-01-01 – 2018-12-31: 528000000 USD Inspect Capital Expenditure Open source
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USD 3.24 billion
Calculation and evidence

3770000000 − 528000000 USD

Exact free cash flow: 3242000000 USD

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2019 2019-01-01 – 2019-12-31
Unavailable Not reported for this period.
USD 9.49 billion
Exact value

Exact value: 9485000000 USD

2019-01-01 – 2019-12-31: 9485000000 USD Inspect Operating Cash Flow Open source
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USD 1.05 billion
Exact value

Exact value: 1050000000 USD

2019-01-01 – 2019-12-31: 1050000000 USD Inspect Capital Expenditure Open source
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USD 8.44 billion
Calculation and evidence

9485000000 − 1050000000 USD

Exact free cash flow: 8435000000 USD

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2020 2020-01-01 – 2020-12-31
Unavailable Not reported for this period.
USD 10.35 billion
Exact value

Exact value: 10350000000 USD

2020-01-01 – 2020-12-31: 10350000000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2021 2021-01-01 – 2021-12-31
Unavailable Not reported for this period.
USD 7.19 billion
Exact value

Exact value: 7191000000 USD

2021-01-01 – 2021-12-31: 7191000000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2022 2022-01-01 – 2022-12-31
Unavailable Not reported for this period.
USD 8.66 billion
Exact value

Exact value: 8656000000 USD

2022-01-01 – 2022-12-31: 8656000000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2023 2023-01-01 – 2023-12-31
USD 5.16 billion
Exact value

Exact value: 5164000000 USD

2023-01-01 – 2023-12-31: 5164000000 USD Inspect Net Income Open source
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USD 11.81 billion
Exact value

Exact value: 11813000000 USD

2023-01-01 – 2023-12-31: 11813000000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2024 2024-01-01 – 2024-12-31
USD 3.43 billion
Exact value

Exact value: 3434000000 USD

2024-01-01 – 2024-12-31: 3434000000 USD Inspect Net Income Open source
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USD 10.36 billion
Exact value

Exact value: 10363000000 USD

2024-01-01 – 2024-12-31: 10363000000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2025 2025-01-01 – 2025-12-31
USD 5.96 billion
Exact value

Exact value: 5957000000 USD

2025-01-01 – 2025-12-31: 5957000000 USD Inspect Net Income Open source
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USD 9.6 billion
Exact value

Exact value: 9601000000 USD

2025-01-01 – 2025-12-31: 9601000000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

64 filings · 4,761 latest values · 4,761 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0001739940, 1739940, CI, edgar:1739940

Also known as CIGNA Corporation, Cigna Corp, Cigna Corporation, Cigna Group, Halfmoon Parent, Inc., The Cigna Group