FINHUB Insights

CNC · Q3 FY24 · Jul 1 – Sep 30, 2024

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

Centene Q3 FY24: revenue $42B (+10% year over year). Net profit $0.7B. Largest cohort Medicaid $26.4B. The whole income statement as a sankey diagram from the SEC filing.

Period
Jul 1 – Sep 30, 2024
Reported
Oct 25, 2024 10-Q
Sankey diagram of Centene's income statement for Q3 FY24: revenue of $42 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$42B +10% year over year
Gross profit$4B 10% margin
Operating profit$0.7B 2% margin
Net profit$0.7B 2% 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 42 100% +10%
Medicaid 26.4 63%
Commercial 8.7 21%
Medicare 5.6 13%
Other/Eliminations 1.2 3%
Cost of revenue−3890%
Gross profit410% margin−3pp
SG&A−37%−1pp
Other−0.31%+0pp
Operating profit0.72% margin+0pp
Tax−0.3
Net profit0.72%+0pp
Filing on EDGAR More quarters of CNC

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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