Centene said its GAAP diluted loss per share for Q3 2025 was $(13.50) and adjusted diluted EPS was $0.50, and explained that the GAAP loss per share was driven by goodwill impairment.

10-QQuarterly reportFiled Oct 29, 2025Period of report Sep 30, 2025Summary published (UTC) Oct 11, 2026

Key points

AI summary

Centene said its GAAP diluted loss per share for Q3 2025 was $(13.50) and adjusted diluted EPS was $0.50, and explained that the GAAP loss per share was driven by goodwill impairment.
The company completed its quantitative goodwill impairment analysis in October 2025 and recorded a non-cash goodwill impairment of $6.7 billion in Q3 2025, and said that fair values of certain reporting units declined.
Centene said its HBR for Q3 2025 was 92.7%, higher than 89.2% for Q3 2024, and premium and service revenues for Q3 were $44.9 billion, representing 22% growth year-over-year.
Centene said operating activities provided cash of $4.7 billion for the 9 months ended September 30, 2025, and its debt-to-capital ratio as of September 30 was 45.5% compared to 41.2% as of December 31, 2024.

Key figures

Quarter ended September 30, 2025

Operating income: −$7.0B
Net income: −$6.6B
EPS: −$13.50
Gross profit: $3.3B

From the XBRL financial data filed with the SEC · not processed by AI.

Summary

AI-written

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

Q3 2025 GAAP Loss Per Share and Adjusted Earnings Per Share

Centene said its GAAP diluted loss per share for Q3 2025 was $(13.50) and adjusted diluted EPS was $0.50, and explained that the GAAP loss per share was driven by goodwill impairment.

Source · Based on the MD&A text of the filing

Goodwill Impairment of $6.7 billion Recorded

The company completed its quantitative goodwill impairment analysis in October 2025 and recorded a non-cash goodwill impairment of $6.7 billion in Q3 2025, and said that fair values of certain reporting units declined.

Source · Based on the MD&A text of the filing

Q3 HBR of 92.7% and Premium and Service Revenues

Centene said its HBR for Q3 2025 was 92.7%, higher than 89.2% for Q3 2024, and premium and service revenues for Q3 were $44.9 billion, representing 22% growth year-over-year.

Source · Based on the MD&A text of the filing

Operating Cash Flows for 9 Months and Debt-to-Capital Ratio

Centene said operating activities provided cash of $4.7 billion for the 9 months ended September 30, 2025, and its debt-to-capital ratio as of September 30 was 45.5% compared to 41.2% as of December 31, 2024.

Source · Based on the MD&A text of the filing

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

View the original filing on SEC EDGAR ↗

Unauthorized scraping, data storage and database creation prohibited

Without prior written consent, you must not crawl or scrape data compiled and organized by Chickstock or its analysis and summaries, or collect them repeatedly or in bulk for storage, ingestion or database creation. Repurposing, redistribution, sale and use to build other services are also prohibited.

Unauthorized use may result in access restrictions, demands to stop infringement and delete copies, and claims for damages. Violations of applicable law may also give rise to criminal liability.

Uses permitted by law, the Terms of Service or a separate agreement remain subject to their respective scope. Rights in individual source materials, including original filings, remain with their respective rights holders.