The Cigna Group reported US$1.5 billion in net income for the second quarter of 2025, reflecting stable earnings and continued growth across its health services and insurance operations.
Net income per share was US$5.71 for the quarter, up from US$5.45 during the same period last year. On an adjusted basis, income from operations was US$1.9 billion, or US$7.20 per share, compared to US$1.9 billion, or US$6.72 per share, in the second quarter of 2024.
Chairman and CEO David M. Cordani said the company had been adapting to clients’ needs.
“Listening, adapting, and innovating to meet the evolving needs of our patients, customers, and clients enables us to deliver meaningful value,” Cordani said in a statement. “Our performance in the second quarter reflects our disciplined execution and the strength of our business mix.”
Second-quarter total revenue reached US$67.2 billion, up from US$60.5 billion a year earlier. Adjusted revenue, which excludes certain investment-related items, was US$67.1 billion for the quarter. For the first half of 2025, Cigna reported US$132.6 billion in adjusted revenue.
The company also updated its outlook for the full year, projecting at least US$29.60 in adjusted income from operations per share. This forecast includes the expected impact of share repurchases and dividend payments through year-end.
On a segment basis, Evernorth, Cigna’s health services division, is projected to deliver at least US$7.2 billion in pre-tax adjusted income for 2025. Cigna Healthcare, which oversees medical insurance plans, is expected to contribute at least US$4.1 billion. The company reaffirmed its expected medical care ratio for the year, ranging between 83.2% and 84.2%.
Cigna said its earnings release includes reconciliations between GAAP results and adjusted metrics, which exclude investment gains, amortization of acquired intangibles, and other special items.
The company did not announce any changes to its dividend policy or capital management strategy beyond reaffirming its full-year guidance.