CNC · 10-Q · 2026Q1 · Full report

Medicare Revenue Growth

CENTENE CORP · 2026-04-28 · Importance 74 · Surprise 58

Medicare total revenues were $10,326 million in Q1 2026, an 18% increase versus $8,759 million in Q1 2025, primarily driven by increased PDP premiums and PDP membership.,Medicare PDP membership was 8,780,600 at March 31, 2026, up from 7,867,800 at March 31, 2025, contributing meaningfully to premium yield and revenue growth.,Medicare gross margin rose $350 million in Q1 2026 versus Q1 2025, aided by rate increases and the absence of a premium deficiency reserve (PDR) in 2026 that had been present in 2025.

Key facts

• Medicare total revenues increased 18% in Q1 2026 compared to Q1 2025.

Impact estimates