Cigna Group
For the period ended Mar 31, 2024. Filed May 2, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 2, 2024
CI$303.13+2.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Income
| The Cigna GroupConsolidated Statements of Income | ||
|---|---|---|
| Unaudited | ||
| Three Months Ended March 31, | ||
| (In millions, except per share amounts) | 2024 | 2023 |
| Revenues | ||
| Pharmacy revenues | $42,036 | $32,144 |
| Premiums | 11,603 | 11,025 |
| Fees and other revenues | 3,326 | 3,071 |
| Net investment income | 290 | 277 |
| TOTAL REVENUES | 57,255 | 46,517 |
| Benefits and expenses | ||
| Pharmacy and other service costs | 41,431 | 31,459 |
| Medical costs and other benefit expenses | 9,440 | 9,046 |
| Selling, general and administrative expenses | 3,705 | 3,538 |
| Amortization of acquired intangible assets | 423 | 459 |
| TOTAL BENEFITS AND EXPENSES | 54,999 | 44,502 |
| Income from operations | 2,256 | 2,015 |
| Interest expense and other | (322) | (358) |
| Loss on sale of businesses | (19) | — |
| Net realized investment losses | (1,836) | (56) |
| Income before income taxes | 79 | 1,601 |
| TOTAL INCOME TAXES | 291 | 295 |
| Net (loss) income | (212) | 1,306 |
| Less: Net income attributable to noncontrolling interests | 65 | 39 |
| SHAREHOLDERS' NET (LOSS) INCOME | $(277) | $1,267 |
| Shareholders' net (loss) income per share | ||
| Basic | $(0.97) | $4.28 |
| Diluted | $(0.97) | $4.24 |
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