secwatch.observer — SEC 8-K summary
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Issuer:     CENTENE CORP (CNC)
CIK:        0001071739
Form:       8-K
Filed at:   2026-02-06T23:59:59+00:00
Accession:  0001071739-26-000031
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Centene reports FY 2025 GAAP loss of $13.53 per share; guides FY 2026 adj. EPS >$3.00
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1071739/000107173926000031/0001071739-26-000031-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1071739/000107173926000031/cnc-20260206.htm
  HTML page:      https://secwatch.observer/filing/0001071739-26-000031

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer