---
schema_version: "secwatch.filing_event.v1"
accession: "0000950159-23-000159"
form_type: "8-K"
ticker: "CI"
cik: "0001739940"
company_name: "Cigna Group"
filed_at: "2023-05-05T23:59:59+00:00"
generated_at: "2026-06-15T17:13:15.467020+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Cigna Q1 EPS $5.41 (adj.) on $46.5B revenue; raises FY adj. EPS outlook to at least $24.70

## Summary
- Shareholders' net income $1.3B ($4.24 GAAP EPS); adjusted income from ops $1.6B ($5.41), down from $1.9B in Q1 2022 primarily from divested businesses.
- Total revenues $46.5B, up 6% YoY; Evernorth revenues $36.2B (+8%), Cigna Healthcare $12.7B (+12%).
- 2023 outlook raised: adjusted income from ops per share at least $24.70 (up $0.10), revenues at least $188B. Cigna Healthcare MCR guided 81.5%-82.3%.
- Medical customers 19.5M (+8% from Dec 2022); pharmacy customers 98.7M (+5%). Debt-to-cap ratio 42.2%.
- Year-to-date share repurchases of 3.7M shares for ~$1.1B.

## SEC filing metadata
- accession: 0000950159-23-000159
- form_type: 8-K
- ticker: CI
- cik: 0001739940
- company_name: Cigna Group
- filed_at: 2023-05-05T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1739940/000095015923000159/0000950159-23-000159-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1739940/000095015923000159/cigna8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950159-23-000159
- JSON: https://secwatch.observer/filing/0000950159-23-000159.json
- Plain text: https://secwatch.observer/filing/0000950159-23-000159.txt

## Key facts
- Earnings Releases
  Cigna Group reported three months ended March 31, 2023 results: revenue $46.5 billion, net income $1.3 billion, EPS $4.24 per share. Guidance raised.
  - Period: three months ended March 31, 2023
  - Revenue: $46.5 billion
  - Net income: $1.3 billion
  - EPS: $4.24 per share
  - Guidance: raised
  - Result: reported results
  source text: The Cigna Group Reports Strong First Quarter 2023 Results, Raises 2023 Outlook • Total revenues in the first quarter were $46.5 billion • Shareholders’ net income for the first quarter was $1.3 billion, or $4.24 per share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1739940/000095015923000159/0000950159-23-000159-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.