The Cigna Group · NYSE:CI
The Cigna — Q1 2026 Earnings Presentation
13 slides from The Cigna's earnings presentation, Apr 30, 2026
Slide 1: Quarterly Financial Supplement
The Cigna Group Quarterly Financial Supplement March 31, 2026 This document is dated April 30, 2026. The data contained in this document may not be accurate after such date and The Cigna Group does not undertake to update or keep it accurate after such date.
Slide 2: Table of Contents
The Cigna Group March 31, 2026 Quarterly Financial Supplement Table of Contents Financial Highlights........................................................................................................................................................................................................
Slide 3: Financial Highlights
The Cigna Group Financial Highlights (unaudited) (Dollars in millions, except per share amounts) Three Months Ended March 31, 2026 2025 % Change Total revenues $ 68,494 $ 65,502 5 % Net investment results from certain equity method investments 23 (50) N/M Adjusted revenues $ 68,517 $ 65,452 5 % Shar
Slide 4: Consolidated Income Statements
The Cigna Group Consolidated Income Statements (unaudited) (Dollars in millions) Three Months Ended March 31, 2026 2025 % Change Revenues Pharmacy revenues $ 54,037 $ 48,633 11 % Premiums 9,812 12,736 (23) Fees and other revenues 4,443 3,895 14 Net investment income 202 238 (15) Total revenues 68,49
Slide 5: Evernorth Health Services Segment Results
The Cigna Group Evernorth Health Services Segment Results (unaudited) (Dollars in millions) Three Months Ended March 31, 2026 2025 % Change Revenues Pharmacy revenues 1 $ 54,294 $ 50,226 8 % Fees and other revenues 1 4,123 3,424 20 Net investment income 25 31 (19) Total revenues (1) 58,442 53,681 9
Slide 6: Evernorth Health Services Selected Financial Information
The Cigna Group Evernorth Health Services Selected Financial Information (unaudited) (Dollars and pharmacy scripts in millions) Three Months Ended March 31, 2026 2025 % Change Total adjusted revenues Pharmacy Benefit Services (1) $ 33,002 $ 29,742 11 % Specialty and Care Services (1) 25,440 23,939 6
Slide 7: Cigna Healthcare Segment Results
The Cigna Group Cigna Healthcare Segment Results (unaudited) (Dollars in millions) Three Months Ended March 31, 2026 2025 % Change Revenues Premiums 1 $ 9,605 $ 12,628 (24) % Fees and other revenues 1 1,746 1,771 (1) Net investment income 103 133 (23) Total revenues 11,454 14,532 (21) Benefits and e
Slide 8: Cigna Healthcare Premium Revenue and Medical Care Ratio
The Cigna Group Cigna Healthcare Premium Revenue and Medical Care Ratio (unaudited) (Dollars in millions) Three Months Ended March 31, 2026 2025 % Change Premiums: U.S. Healthcare Employer insured $ 4,996 $ 4,688 7 % Stop loss 2,116 1,868 13 Individual and Family Plans 873 859 2 Other 507 457 11 U.S
Slide 9: Cigna Healthcare Total Medical Customers
The Cigna Group Cigna Healthcare Total Medical Customers (unaudited) MEDICAL CUSTOMERS (1) BY As of March 31, As of December 31, MEDICAL CUSTOMERS (1) BY As of March 31, As of December 31, FUNDING TYPE: 2026 2025 (5) % Change 2025 % Change MARKET SEGMENT: (4) 2026 2025 (5) % Change 2025 (5) % Change
Slide 10: Cigna Healthcare Unpaid Claims Liability
The Cigna Group Cigna Healthcare Unpaid Claims Liability (unaudited) (1) (Dollars in millions) Three Months Ended March 31, Year Ended 2026 2025 December 31, 2025 Beginning balance $ 4,241 $ 5,018 $ 5,018 Less: Reinsurance and other amounts recoverable 147 159 159 Beginning balance, net 4,094 4,859
Slide 11: Corporate and Other Operations Results
The Cigna Group Corporate and Other Operations Results (unaudited) (Dollars in millions) Three Months Ended March 31, 2026 2025 % Change Revenues Total revenues and eliminations (1) $ (1,402) $ (2,711) (48) % Expenses Total expenses and eliminations excluding special items (1) (1,369) (2,647) (48) S
Slide 12: Consolidated Balance Sheets
The Cigna Group Consolidated Balance Sheets (unaudited) (Dollars in millions) As of As of As of As of March 31, December 31, March 31, December 31, 2026 2025 2026 2025 Assets Liabilities Current Assets Current Liabilities Cash and cash equivalents $ 7,040 $ 7,676 Current insurance and contractholder
Slide 13: Condensed Consolidated Statements of Cash Flows
The Cigna Group Condensed Consolidated Statements of Cash Flows (unaudited) (Dollars in millions) Three Months Ended March 31, 2026 2025 CASH FLOWS FROM OPERATING ACTIVITIES Net income $ 1,861 $ 1,409 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation and