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Cigna Reports $1.5 Billion Q2 Profit and Upholds Annual Guidance Despite Rising Costs

Evernorth’s 17 percent revenue jump offset elevated stop-loss costs that lifted the medical cost ratio to 83.2 percent ahead of expected cost pressures next year.

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Overview

  • Cigna posted $1.5 billion in Q2 net income on $67.2 billion in revenue, with adjusted earnings of $7.20 per share versus $7.13 expected.
  • Evernorth Health Services drove growth with 17 percent higher revenue alongside a 3 percent increase in pharmacy customers year over year.
  • Sales in the Cigna Healthcare segment fell 18 percent to $10.75 billion following the spring sale of the Medicare business.
  • The medical cost ratio climbed to 83.2 percent due to higher stop-loss medical costs, with executives foreseeing persistent pressures into 2026.
  • Management maintained its full-year adjusted income outlook of at least $29.60 per share after surpassing investor forecasts.