The Cigna Group reported $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 $5.71 for the quarter, up from $5.45 during the same period last year. On an adjusted basis, income from operations was $1.9 billion, or $7.20 per share, compared to $1.9 billion, or $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 $67.2 billion, up from $60.5 billion a year earlier. Adjusted revenue, which excludes certain investment-related items, was $67.1 billion for the quarter. For the first half of 2025, Cigna reported $132.6 billion in adjusted revenue.
The company also updated its outlook for the full year, projecting at least $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 $7.2 billion in pre-tax adjusted income for 2025. Cigna Healthcare, which oversees medical insurance plans, is expected to contribute at least $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.
