The Cigna Group (CI) Revenue — Quarter Ended Jun 30, 2024
Revenue for the reporting quarter increased. It was higher than both the immediately preceding quarter and the same quarter one year earlier.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue for the reporting quarter increased. It was higher than both the immediately preceding quarter and the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$60.5B
Revenue reported for this quarter.
Quarter-over-quarter
+5.7%
Change from the immediately preceding quarter.
Year-over-year
+24.6%
Change from the comparable year-ago quarter.
Trailing four quarters
$217.9B
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 |
|---|---|---|
| Sep 30, 2023 | $49B | +8.3% |
| Dec 31, 2023 | $51.1B | +11.7% |
| Mar 31, 2024 | $57.3B | +23.1% |
| Jun 30, 2024 | $60.5B | +24.6% |
Revenue performance
Each of the company's revenue categories—pharmacy, premiums, fees, and investment income—was higher than in the same quarter of the prior year.
Quarterly comparison
Revenue increased sequentially from the immediately preceding quarter and was higher than the same quarter one year earlier.
What to watch
The year-over-year revenue growth rate has accelerated over recent quarters, a trend worth monitoring.