FINHUB Insights

CI · Q3 FY24 · Jul 1 – Sep 30, 2024

Cigna Q3 FY24: where the revenue came from and where it went

Cigna Q3 FY24: revenue $63.7B (+30% year over year). Net profit $0.8B. Largest cohort Evernorth Health Services $52.5B. The whole income statement as a sankey diagram from the SEC filing.

Period
Jul 1 – Sep 30, 2024
Reported
Oct 31, 2024 10-Q
Sankey diagram of Cigna's income statement for Q3 FY24: revenue of $63.7 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$63.7B +30% year over year
Gross profit$16.1B 25% margin
Operating profit$2.6B 4% margin
Net profit$0.8B 1% margin

The numbers

All figures in billions of U.S. dollars, for Q3 FY24 (period ends Sep 30, 2024).
ItemValueShare of revenueYear over year
Revenue 63.7 100% +30%
Evernorth Health Services 52.5 82%
Cigna Healthcare 13.3 21%
Other Operations 0.2 0%
Cost of revenue−47.675%
Gross profit16.125% margin−6pp
SG&A−3.66%−2pp
Other−1016%+0pp
Operating profit2.64% margin−1pp
Tax−0.4
Interest & other costs−1.4
Net profit0.81%−2pp

Source of the numbers: tables in the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.

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