The Cigna Group (CI) Revenue — Quarter Ended Dec 31, 2023
Revenue increased in the quarter, continuing the upward trajectory observed throughout the year. The growth rate accelerated compared to the prior quarter and was significantly higher than the same period last year.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 Q4
Revenue increased in the quarter, continuing the upward trajectory observed throughout the year. The growth rate accelerated compared to the prior quarter and was significantly higher than the same period last year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$51.1B
Revenue reported for this quarter.
Quarter-over-quarter
+4.2%
Change from the immediately preceding quarter.
Year-over-year
+11.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$195.3B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2023 | $46.5B | +5.7% |
| Jun 30, 2023 | $48.6B | +6.8% |
| Sep 30, 2023 | $49B | +8.3% |
| Dec 31, 2023 | $51.1B | +11.7% |
Revenue performance
The reported revenue rose from the immediately preceding quarter, marking a sequential improvement. Compared to the same quarter one year earlier, revenue also showed a substantial increase.
Quarterly comparison
Revenue was higher than both the prior quarter and the same quarter a year ago. The year-over-year gain was notably larger than the sequential gain, indicating a stronger annual comparison.
What to watch
Monitor whether the revenue growth rate can sustain its upward momentum in the coming quarters.