earnings
confidence high
sentiment negative
materiality 0.80
Centene reports FY 2025 GAAP loss of $13.53 per share; guides FY 2026 adj. EPS >$3.00
CENTENE CORP
2025-FY EPS reported
-$13.53
revenue$194,777,000,000
- Full-year GAAP diluted loss per share $(13.53) includes $6.7B goodwill impairment; adjusted diluted EPS $2.08.
- Q4 premium and service revenues $44.7B (+23% YoY); HBR 94.3% vs 89.6% due to Marketplace morbidity and PDP program changes.
- Medicaid membership fell to 12.5M from 13.0M; Marketplace membership rose to 5.5M from 4.4M.
- Signed definitive agreement to divest remaining Magellan Health businesses; recorded $513M impairment.
- 2026 guidance: adjusted diluted EPS >$3.00, with expected margin improvement and EPS growth.