NYSE$CI

Cigna Group · Q2 2026 earnings

Q2 2026 earnings · · Before market open · Investor relations

Briefing

The Cigna Group reported strong second quarter 2026 results with 7% revenue growth and raised full-year outlook.

The Cigna Group achieved total revenues of $71.7 billion in Q2 2026, up 7% year-over-year, driven by growth in Evernorth Health Services and Cigna Healthcare. Shareholders' net income reached $1.7 billion or $6.29 per share, while adjusted income from operations was $2.1 billion or $7.78 per share. The company raised its 2026 adjusted income from operations outlook to at least $30.45 per share.

  • Total revenues increased 7% to $71.7 billion, fueled by both Evernorth and Cigna Healthcare segments.
  • Adjusted income from operations rose 6% to $2.1 billion or $7.78 per share.
  • Cigna Healthcare medical care ratio was 84.5%, with adjusted pre-tax income up 17%.
  • Full-year 2026 adjusted EPS outlook raised to at least $30.45, reflecting operational strength.

Headline financials

Total Revenue

$71.7B

Previous: $67.2B+6.7%
EPS (adj)

$7.78

Previous: $5.71+36.3%
Adjusted SG&A Expense Ratio

4.6%

No prior period
Medical Care Ratio

84.5%

No prior period
Total Customer Relationships

182.8M

No prior period
Total Pharmacy Customers

118.2M

No prior period
Total Medical Customers

18.4M

No prior period
SG&A Expense Ratio

4.8%

No prior period
Net Income

$1.66B

Previous: $1.63B+1.7%
Operating Income

$2.05B

Previous: $2.31B-10.9%

Revenue & EPS history

Cigna · Revenue · Quarterly

$71.7B

Q2 2026+6.7%vs Q2 2025
Beat estimate in 13 of 16 quarters(81%)
ActualEstimate

Revenue by segment

Cigna · $73.2B total across 3 segments · Q2 2026

  • Pharmacy Benefit Services
    $34.5B
  • Specialty and Care Services
    $27B
  • Cigna Healthcare
    $11.7B

Forward guidance

Full year 2026 adjusted income from operations outlook raised to at least $30.45 per share.

Tailwinds

  • Raised adjusted EPS guidance by $0.10
  • Cigna Healthcare adjusted pre-tax income outlook at least $4.55 billion

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports

Historical avg

-0.9%

Avg return

Earnings day

-1.1%

Avg return

5 days after

-0.4%

Avg return

30 days after

48%

31 / 65 earnings

Positive

+8.6%

Q1 2023

Best reaction

-17.4%

Q3 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026
Q4 2025-0.6%-5.7%-5.2%
Q1 2026-2.5%-5.7%-5.2%
Q3 2025-17.4%-11.5%-7.3%
Q2 2025-10.2%-9.1%+1.0%
Q1 2025-0.5%-0.2%-5.5%
Q4 2024-6.7%-3.9%+1.8%
Q3 2024+1.2%+1.8%+8.0%
Q2 2024-3.3%-5.6%+3.8%
Q1 2024-4.4%-2.9%-3.5%
Q4 2023+4.5%+7.6%+8.3%
Q3 2023+0.4%-4.6%-13.1%
Q2 2023-4.3%-2.4%-7.6%
Q1 2023+8.6%+8.1%+5.5%
Q4 2022-4.3%-3.8%-4.8%
Q3 2022+0.4%+2.1%+2.0%
Q2 2022+3.7%+4.9%+5.9%
Q1 2022+4.4%+1.9%-0.7%
Q4 2021-3.8%+0.8%+5.0%
Q3 2021-1.9%-0.9%-8.4%
Q2 2021-9.6%-8.9%-6.3%
Q1 2021+3.9%+0.7%-1.6%
Q4 2020-7.3%-3.8%+5.1%
Q3 2020-4.3%+4.5%+3.3%
Q2 2020-5.0%-4.6%-0.4%
Q1 2020-4.5%-2.8%+0.7%
Q4 2019+1.2%+4.2%-5.3%
Q3 2019+1.7%+3.1%+13.3%
Q2 2019-3.1%-3.6%-9.4%
Q1 2019-5.7%-4.2%-8.6%
Q4 2018-3.9%-6.2%-10.8%
Q3 2018-0.3%+0.2%+4.5%
Q2 2018+3.5%+2.9%+3.0%
Q1 2018-0.7%-1.0%-0.9%
Q4 2017-1.9%-5.2%-7.3%
Q3 2017+2.1%+3.9%+5.3%
Q2 2017-0.0%+1.2%+4.0%
Q1 2017+3.2%+3.9%+4.9%
Q4 2016+1.1%+0.2%+2.9%
Q3 2016+3.2%+9.3%+13.2%
Q2 2016-6.8%-8.4%-6.1%
Q1 2016-2.6%
Q4 2015+0.4%
Q3 2015+0.4%
Q2 2015-0.9%
Q1 2015-0.9%
Q4 2014+1.5%
Q3 2014+5.9%
Q2 2014-2.9%
Q1 2014+3.3%
Q4 2013-10.1%
Q3 2013+5.0%
Q2 2013-0.7%
Q1 2013+2.7%
Q4 2012+3.8%
Q3 2012+4.1%
Q2 2012+4.6%
Q1 2012-2.8%
Q4 2011+2.9%
Q3 2011-6.0%
Q2 2011+1.8%
Q1 2011+2.4%
Q4 2010+4.3%
Q3 2010+2.0%
Q2 2010-6.3%
Q1 2010+1.6%

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