Cigna 1Q Revenue Rises on Evernorth Growth

By Kelly Cloonan

Cigna Group logged higher profit and revenue in its latest quarter as its pharmacy-benefit business Evernorth continues to grow, helping offset the company's divestiture of its Medicare and related businesses last year.

The healthcare company posted a first-quarter profit of $1.65 billion, or $6.26 a share, compared with $1.32 billion, or $4.85 a share, a year earlier.

Adjusted earnings per share were $7.79, compared with estimates of $7.60 a share according to analysts polled by FactSet.

Revenue rose about 5% to $68.49 billion, compared with analyst estimates of $66.29 billion.

Cigna said the growth was primarily driven by its Evernorth Health Services business, which includes pharmacy benefit services and specialty and care services. Adjusted revenue for Evernorth rose 9% in the quarter.

The growth was partially offset by a 21% decline in adjusted revenue for Cigna's namesake segment, which provides medical plans and other benefits. The decrease was driven by the company's divestiture of Medicare and related businesses last March, it said.

For the full year, the company now forecasts adjusted earnings per share of at least $30.35, up from its prior forecast of $30.25.

Write to Kelly Cloonan at kelly.cloonan@wsj.com

(END) Dow Jones Newswires

April 30, 2026 06:15 ET (10:15 GMT)