Cigna beats Q3 adjusted revenue on segment growth, raises FY outlook
CI•Cigna's Q3 adjusted revenue was $73.79 billion, above the $72.72 billion analyst consensus. The company raised its 2026 adjusted income from operations outlook to at least $30.60 per share.
1. Quarterly results
Cigna reported Q3 adjusted revenue of $73.79 billion, beating the $72.72 billion consensus estimate from 17 analysts. Adjusted income from operations per share was stable year over year at $7.98.
2. Outlook and drivers
The company raised its 2026 adjusted income from operations outlook to at least $30.60 per share. It expects Evernorth adjusted income from operations, pre-tax, of at least $6.9 billion and narrowed its Cigna Healthcare medical care ratio outlook to 84.2%, plus or minus 25 basis points. Revenue growth came from both Evernorth Health Services and Cigna Healthcare; lower pharmacy customer numbers reflected expected client transitions and reduced membership from health plan clients.
