The Cigna Group reported a net income of $1.53 billion in the second quarter of 2025, compared to $1.55 billion during the same quarter last year, according to its July 31 financial report.
Total revenue was $67.2 billion for the three months ended June 30, up 11% year over year. Cigna said the increase was primarily driven by Evernorth Health Services and includes growth of existing client relationships and strong specialty pharmacy growth.
Adjusted income from operations was $1.93 billion, up 1% over the same period last year.
Evernorth Health Service’s adjusted revenues increased 17% year over year to $57.8 billion.
Cigna Healthcare, the insurance side of the business, saw adjusted revenue decrease 18% year over year to $10.8 billion. The company said the decrease was primarily driven by its acquisition of Health Care Service Corp.’s Medicare Advantage business. Excluding that transaction, adjusted revenue would have increased 7% over the second quarter of 2024, driven by premium increases to cover expected increases in medical costs.
Cigna’s medical loss ratio was 83.2% in the second quarter, up from 82.3% during the same period last year. The company attributed the increase to expected higher stop-loss medical costs.
The company reaffirmed its 2025 outlook for adjusted income of at least $29.60 per share.
As of June 30, Cigna had 18 million total medical members, down 6% from Dec. 31, primarily reflecting the effect of the HCSC transaction. Excluding the transaction, total medical customers, as of June 30, were consistent relative to Dec. 31.
