CI Q1 2024 Earnings — Cigna Corporation Revenue & Financial Results | Market Cap Arena

CICigna Corporation

$71B

Q1 2024 Earnings

Healthcare Medical - Healthcare Plans

Income Statement

Revenue

$57.3B+23.1% YoY

Gross Profit

$6.4B11.2% margin

Operating Income

$2.3B3.9% margin

Net Income

-$277M-0.5% margin

EPS (Diluted)

$-0.97

QoQ Revenue Growth

+12.0%

Cash Flow

Operating Cash Flow

$4.8B

Free Cash Flow

$4.5B

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$153.1B

Total Liabilities

$111.8B

Stockholders' Equity

$41.2B

Cash & Equivalents

$8.4B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$57.3B	$46.5B	+23.1%
Gross Profit	$6.4B	$6.0B	+6.2%
Operating Income	$2.3B	$2.0B	+12.0%
Net Income	-$277M	$1.3B	-121.9%

Revenue Segments

Product

$42.0B92%

Service

$3.3B7%

Service, Other

$90M0%