UnitedHealth Group Incorporated (UNH)
NYSE: UNH · Real-Time Price · USD
404.19
+2.76 (0.69%)
Oct 19, 2026, 9:45 AM EDT - Market open
UnitedHealth Group Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Premiums & Annuity Revenue | 87,078 | 86,956 | 87,561 | 88,811 | 88,979 | 87,905 | 86,534 | 76,483 | 77,442 | 76,897 | 77,988 | 73,228 | 72,339 | 72,474 | 72,786 | 64,700 | 64,491 | 63,896 | 64,070 | 57,547 |
Total Interest & Dividend Income | 1,077 | 1,223 | 1,131 | 1,044 | 1,132 | 1,108 | 1,033 | 1,551 | 1,643 | 997 | 1,011 | 1,179 | 997 | 1,115 | 798 | 855 | 513 | 295 | 367 | 813 |
Non-Insurance Activities Revenue | 14,293 | 13,835 | 13,250 | 13,484 | 13,296 | 13,564 | 13,036 | 13,475 | 12,631 | 12,211 | 11,909 | 11,311 | 10,354 | 10,651 | 10,267 | 9,398 | 9,190 | 9,496 | 9,340 | 8,961 |
Other Revenue | 10,246 | 10,018 | 9,779 | 10,273 | 9,754 | 9,039 | 8,972 | 9,298 | 9,104 | 8,750 | 8,888 | 8,709 | 8,671 | 8,663 | 8,080 | 7,834 | 6,700 | 6,645 | 6,372 | 6,422 |
| 112,694 | 112,032 | 111,721 | 113,612 | 113,161 | 111,616 | 109,575 | 100,807 | 100,820 | 98,855 | 99,796 | 94,427 | 92,361 | 92,903 | 91,931 | 82,787 | 80,894 | 80,332 | 80,149 | 73,743 | |
Revenue Growth (YoY) | -0.41% | 0.37% | 1.96% | 12.70% | 12.24% | 12.91% | 9.80% | 6.76% | 9.16% | 6.41% | 8.55% | 14.06% | 14.17% | 15.65% | 14.70% | 12.26% | 11.83% | 12.63% | 14.18% | 12.64% |
Policy Benefits | 76,982 | 75,358 | 73,489 | 81,418 | 79,958 | 78,585 | 73,411 | 67,035 | 65,957 | 65,458 | 65,735 | 62,231 | 59,550 | 60,268 | 59,845 | 53,591 | 52,635 | 52,093 | 52,523 | 48,159 |
Depreciation & Amortization | 1,073 | 1,040 | 1,029 | 1,117 | 1,099 | 1,084 | 1,061 | 1,041 | 1,041 | 1,020 | 997 | 974 | 1,007 | 1,021 | 970 | 982 | 828 | 802 | 788 | 771 |
Selling, General & Administrative | 14,369 | 14,268 | 15,390 | 15,597 | 15,223 | 13,778 | 13,594 | 12,494 | 13,280 | 13,162 | 14,077 | 13,339 | 13,855 | 13,809 | 13,625 | 13,009 | 11,663 | 11,709 | 11,401 | 11,272 |
Non-Insurance Activities Expense | 13,707 | 13,375 | 12,823 | 12,680 | 12,566 | 13,019 | 12,390 | 12,464 | 11,834 | 11,340 | 11,056 | 10,194 | 9,423 | 9,748 | 9,405 | 8,314 | 8,306 | 8,596 | 8,487 | 8,000 |
Total Operating Expenses | 106,131 | 104,041 | 102,731 | 110,812 | 108,846 | 106,466 | 100,456 | 93,034 | 92,112 | 90,980 | 91,865 | 86,738 | 83,835 | 84,846 | 83,845 | 75,896 | 73,432 | 73,200 | 73,199 | 68,202 |
Operating Income | 6,563 | 7,991 | 8,990 | 2,800 | 4,315 | 5,150 | 9,119 | 7,773 | 8,708 | 7,875 | 7,931 | 7,689 | 8,526 | 8,057 | 8,086 | 6,891 | 7,462 | 7,132 | 6,950 | 5,541 |
Interest Expense | -963 | -962 | -955 | -974 | -1,003 | -1,027 | -998 | -1,003 | -1,074 | -985 | -844 | -830 | -834 | -828 | -754 | -676 | -516 | -467 | -433 | -431 |
EBT Excluding Unusual Items | 5,600 | 7,029 | 8,035 | 1,826 | 3,312 | 4,123 | 8,121 | 6,770 | 7,634 | 6,890 | 7,087 | 6,859 | 7,692 | 7,229 | 7,332 | 6,215 | 6,946 | 6,665 | 6,517 | 5,110 |
Merger & Restructuring Charges | - | - | - | -2,420 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Gain (Loss) on Sale of Assets | -76 | -61 | -72 | -126 | -83 | -41 | -15 | 21 | -20 | -1,225 | -7,086 | - | - | - | - | - | - | - | - | - |
Pretax Income | 5,524 | 6,968 | 7,963 | -720 | 3,229 | 4,082 | 8,106 | 6,791 | 7,614 | 5,665 | 1 | 6,859 | 7,692 | 7,229 | 7,332 | 6,215 | 6,946 | 6,665 | 6,517 | 5,110 |
Income Tax Expense | 1,224 | 1,298 | 1,482 | -938 | 686 | 510 | 1,632 | 1,007 | 1,356 | 1,244 | 1,222 | 1,184 | 1,654 | 1,572 | 1,558 | 1,307 | 1,562 | 1,466 | 1,369 | 919 |
Earnings From Continuing Ops. | 4,300 | 5,670 | 6,481 | 218 | 2,543 | 3,572 | 6,474 | 5,784 | 6,258 | 4,421 | -1,221 | 5,675 | 6,038 | 5,657 | 5,774 | 4,908 | 5,384 | 5,199 | 5,148 | 4,191 |
Minority Interest in Earnings | -190 | -186 | -201 | -208 | -195 | -166 | -182 | -241 | -203 | -205 | -188 | -220 | -197 | -183 | -163 | -147 | -122 | -129 | -121 | -120 |
Net Income | 4,110 | 5,484 | 6,280 | 10 | 2,348 | 3,406 | 6,292 | 5,543 | 6,055 | 4,216 | -1,409 | 5,455 | 5,841 | 5,474 | 5,611 | 4,761 | 5,262 | 5,070 | 5,027 | 4,071 |
Net Income to Common | 4,110 | 5,484 | 6,280 | 10 | 2,348 | 3,406 | 6,292 | 5,543 | 6,055 | 4,216 | -1,409 | 5,455 | 5,841 | 5,474 | 5,611 | 4,761 | 5,262 | 5,070 | 5,027 | 4,071 |
Net Income Growth (YoY) | 75.04% | 61.01% | -0.19% | -99.82% | -61.22% | -19.21% | - | 1.61% | 3.66% | -22.98% | - | 14.58% | 11.00% | 7.97% | 11.62% | 16.95% | 28.78% | 18.85% | 3.39% | 84.04% |
Shares Outstanding (Basic) | 902 | 902 | 908 | 910 | 906 | 907 | 912 | 927 | 923 | 921 | 922 | 935 | 926 | 930 | 933 | 947 | 935 | 937 | 941 | 955 |
Shares Outstanding (Diluted) | 902 | 906 | 910 | 910 | 908 | 910 | 918 | 927 | 930 | 928 | 922 | 935 | 936 | 940 | 943 | 947 | 948 | 950 | 954 | 955 |
Shares Change (YoY) | -0.66% | -0.44% | -0.87% | -1.83% | -2.37% | -1.94% | -0.43% | -0.86% | -0.64% | -1.28% | -2.23% | -1.27% | -1.27% | -1.05% | -1.15% | -0.84% | -0.73% | -0.63% | -0.31% | -0.62% |
EPS (Basic) | 4.56 | 6.08 | 6.92 | 0.01 | 2.59 | 3.76 | 6.90 | 5.98 | 6.56 | 4.58 | -1.53 | 5.83 | 6.31 | 5.89 | 6.01 | 5.03 | 5.63 | 5.41 | 5.34 | 4.26 |
EPS (Diluted) | 4.56 | 6.04 | 6.90 | 0.01 | 2.59 | 3.74 | 6.85 | 5.98 | 6.51 | 4.54 | -1.53 | 5.83 | 6.24 | 5.82 | 5.95 | 5.03 | 5.55 | 5.34 | 5.27 | 4.26 |
EPS Growth (YoY) | 75.93% | 61.50% | 0.73% | -99.91% | -60.21% | -17.62% | - | 2.56% | 4.33% | -21.99% | - | 15.97% | 12.43% | 8.99% | 12.90% | 17.94% | 29.67% | 19.73% | 3.74% | 85.34% |
Additional Metrics
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 4,264 | 10,253 | 8,149 | 160 | 5,055 | 6,302 | 4,558 | 1,457 | 12,954 | 5,893 | 401 | -6,152 | 6,064 | 10,203 | 15,567 | -5,399 | 17,825 | 6,214 | 4,764 | 2,523 |
Free Cash Flow Per Share | 4.73 | 11.32 | 8.96 | 0.18 | 5.57 | 6.92 | 4.96 | 1.57 | 13.93 | 6.35 | 0.43 | -6.58 | 6.48 | 10.85 | 16.51 | -5.70 | 18.80 | 6.54 | 4.99 | 2.64 |
Dividend Per Share | - | 2.320 | 2.210 | 2.210 | 2.210 | 2.210 | 2.100 | 2.100 | 2.100 | 2.100 | 1.880 | 1.880 | 1.880 | 1.880 | 1.650 | 1.650 | 1.650 | 1.650 | 1.450 | 1.450 |
Dividend Growth (YoY) | - | 4.98% | 5.24% | 5.24% | 5.24% | 5.24% | 11.70% | 11.70% | 11.70% | 11.70% | 13.94% | 13.94% | 13.94% | 13.94% | 13.79% | 13.79% | 13.79% | 13.79% | 16.00% | 16.00% |
Operating Margin | 5.82% | 7.13% | 8.05% | 2.46% | 3.81% | 4.61% | 8.32% | 7.71% | 8.64% | 7.97% | 7.95% | 8.14% | 9.23% | 8.67% | 8.80% | 8.32% | 9.22% | 8.88% | 8.67% | 7.51% |
Profit Margin | 3.65% | 4.90% | 5.62% | 0.01% | 2.08% | 3.05% | 5.74% | 5.50% | 6.01% | 4.26% | -1.41% | 5.78% | 6.32% | 5.89% | 6.10% | 5.75% | 6.50% | 6.31% | 6.27% | 5.52% |
Free Cash Flow Margin | 3.78% | 9.15% | 7.29% | 0.14% | 4.47% | 5.65% | 4.16% | 1.44% | 12.85% | 5.96% | 0.40% | -6.51% | 6.57% | 10.98% | 16.93% | -6.52% | 22.04% | 7.74% | 5.94% | 3.42% |
EBITDA | 7,636 | 9,031 | 10,019 | 3,917 | 5,414 | 6,234 | 10,180 | 8,814 | 9,749 | 8,895 | 8,928 | 8,663 | 9,533 | 9,078 | 9,056 | 7,873 | 8,290 | 7,934 | 7,738 | 6,312 |
EBITDA Margin | 6.78% | 8.06% | 8.97% | 3.45% | 4.78% | 5.58% | 9.29% | 8.74% | 9.67% | 9.00% | 8.95% | 9.17% | 10.32% | 9.77% | 9.85% | 9.51% | 10.25% | 9.88% | 9.65% | 8.56% |
D&A For EBITDA | 1,073 | 1,040 | 1,029 | 1,117 | 1,099 | 1,084 | 1,061 | 1,041 | 1,041 | 1,020 | 997 | 974 | 1,007 | 1,021 | 970 | 982 | 828 | 802 | 788 | 771 |
EBIT | 6,563 | 7,991 | 8,990 | 2,800 | 4,315 | 5,150 | 9,119 | 7,773 | 8,708 | 7,875 | 7,931 | 7,689 | 8,526 | 8,057 | 8,086 | 6,891 | 7,462 | 7,132 | 6,950 | 5,541 |
EBIT Margin | 5.82% | 7.13% | 8.05% | 2.46% | 3.81% | 4.61% | 8.32% | 7.71% | 8.64% | 7.97% | 7.95% | 8.14% | 9.23% | 8.67% | 8.80% | 8.32% | 9.22% | 8.88% | 8.67% | 7.51% |
Effective Tax Rate | 22.16% | 18.63% | 18.61% | - | 21.25% | 12.49% | 20.13% | 14.83% | 17.81% | 21.96% | 122200.00% | 17.26% | 21.50% | 21.75% | 21.25% | 21.03% | 22.49% | 22.00% | 21.01% | 17.98% |
Revenue as Reported | 112,694 | 112,032 | 111,721 | 113,215 | 113,161 | 111,616 | 109,575 | 100,807 | 100,820 | 98,855 | 99,796 | 94,427 | 92,361 | 92,903 | 91,931 | 82,787 | 80,894 | 80,332 | 80,149 | 73,743 |