Cigna Q1 FY26: where the revenue came from and where it went
The whole income statement of Cigna for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Jan 1 – Mar 31, 2026
- Reported
- Apr 30, 2026
Revenue$68.5B
+5% year over year
Gross profit$14.4B
21% margin
Operating profit$2.4B
3% margin
Net profit$1.7B
2% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Segment revenue | 70.0 | 102% | |
| Home delivery & specialty | 19.8 | 29% | |
| Premiums | 9.8 | 14% | |
| Cigna healthcare | 9.6 | 14% | |
| Other revenue | 8.8 | 13% | |
| U.S. healthcare | 8.5 | 12% | |
| Employer insured | 5.0 | 7% | |
| Services | 4.4 | 7% | |
| Service, fees and other | 4.1 | 6% | |
| Eliminations | −1.5 | −2% | |
| Net revenue | 68.5 | 100% | +5% |
| Cost of revenue | −54.1 | 79% | |
| Gross profit | 14.4 | 21% margin | −5pp |
| SG&A | −3.7 | 6% | −1pp |
| Other | −8.3 | 12% | +0pp |
| Operating profit | 2.4 | 3% margin | +0pp |
| Interest & other costs | −0.3 | ||
| Tax | −0.4 | ||
| Net profit | 1.7 | 2% margin | +0pp |
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