UnitedHealth Group Incorporated (UNH) income statement
NYSE · Healthcare · Medical - Healthcare Plans · 390,000 employees · CEO Stephen J. Hemsley
- Price
- $406.97 -0.96%
- Market cap
- $365B
- Enterprise value
- $414B
- Last report
- Q3 '26 filed 2026-10-13
- Next report
- 2027-01-20 EPS est. $2.28
UnitedHealth Group Incorporated (UNH) reported revenue of $113B for Q3 '26 (-0.4% year on year), operating income of $6.56B (5.8% of revenue) and net income of $4.11B. Over the last four quarters revenue was $450B.
Income statement
| Income statement | Trend | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $94.4B | $99.8B | $98.9B | $101B | $101B | $110B | $112B | $113B | $113B | $112B | $112B | $113B | |
| Cost of revenue | $72.4B | $76.8B | $76.8B | $77.8B | $79.5B | $85.8B | $91.6B | $92.5B | $94.7B | $86.3B | $75.4B | $90.7B | |
| Gross profit | $22B | $23B | $22.1B | $23B | $21.3B | $23.8B | $20B | $20.6B | $18.5B | $25.4B | $36.7B | $22B | |
| General & administrative | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $15.4B | $0 | $0 | |
| Other operating expenses | $14.3B | $15.1B | $14.2B | $14.3B | $13.5B | $14.7B | $14.9B | $16.3B | $18.1B | $1.03B | $28.7B | $15.4B | |
| Operating expenses | $14.3B | $15.1B | $14.2B | $14.3B | $13.5B | $14.7B | $14.9B | $16.3B | $18.1B | $16.4B | $28.7B | $15.4B | |
| Operating income | $7.69B | $7.93B | $7.88B | $8.71B | $7.77B | $9.12B | $5.15B | $4.32B | $380M | $8.99B | $7.99B | $6.56B | |
| Interest expense | $830M | $844M | $985M | $1.07B | $1B | $998M | $1.03B | $1B | $974M | $955M | $962M | $963M | |
| Other non-operating income (gains on investments, FX ...) | $0 | $7.09B | $1.23B | $20M | -$21M | $15M | $41M | $83M | $126M | -$72M | $61M | $76M | |
| Total non-operating income | -$830M | -$7.93B | -$2.21B | -$1.09B | -$982M | -$1.01B | -$1.07B | -$1.09B | -$1.1B | -$1.03B | -$1.02B | -$1.04B | |
| Income before tax | $6.86B | $1M | $5.67B | $7.61B | $6.79B | $8.11B | $4.08B | $3.23B | -$720M | $7.96B | $6.97B | $5.52B | |
| Income tax | $1.18B | $1.22B | $1.24B | $1.36B | $1.01B | $1.63B | $510M | $686M | -$938M | $1.48B | $1.3B | $1.22B | |
| Net income | $5.46B | -$1.41B | $4.22B | $6.06B | $5.54B | $6.29B | $3.41B | $2.35B | $10M | $6.28B | $5.48B | $4.11B | |
| EPS (basic) | $5.90 | -$1.53 | $4.58 | $6.56 | $5.98 | $6.91 | $3.76 | $2.59 | $0.01 | $6.90 | $6.05 | $4.56 | |
| EPS (diluted) | $5.83 | -$1.53 | $4.54 | $6.51 | $5.98 | $6.85 | $3.74 | $2.59 | $0.01 | $6.90 | $6.05 | $4.56 | |
| Shares (basic, weighted) | 924M | 920M | 921M | 923M | 927M | 918M | 910M | 908M | 910M | 910M | 906M | 902M | |
| Shares (diluted, weighted) | 935M | 922M | 928M | 930M | 927M | 918M | 910M | 912M | 910M | 910M | 906M | 902M | |
| Depreciation & amortization | $974M | $997M | $1.02B | $1.04B | $1.04B | $1.06B | $1.08B | $1.1B | $1.12B | $1.03B | $1.04B | $1.07B | |
| EBITDA | $8.66B | $1.84B | $7.67B | $9.73B | $8.84B | $10.2B | $6.19B | $5.33B | $1.37B | $10.1B | $8.97B | $7.56B |
| Income statement | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $185B | $201B | $226B | $242B | $257B | $288B | $324B | $372B | $400B | $448B | |
| Cost of revenue | $141B | $154B | $172B | $185B | $190B | $218B | $245B | $281B | $311B | $365B | |
| Gross profit | $43.4B | $47B | $53.8B | $57.6B | $67B | $69.7B | $79.6B | $91B | $89.4B | $82.9B | |
| Other operating expenses | $30.5B | $31.8B | $36.5B | $37.9B | $44.6B | $45.7B | $51.2B | $58.6B | $57.1B | $64B | |
| Operating expenses | $30.5B | $31.8B | $36.5B | $37.9B | $44.6B | $45.7B | $51.2B | $58.6B | $57.1B | $64B | |
| Operating income | $12.9B | $15.2B | $17.3B | $19.7B | $22.4B | $24B | $28.4B | $32.4B | $32.3B | $19B | |
| Interest expense | $1.07B | $1.19B | $1.4B | $1.7B | $1.66B | $1.66B | $2.09B | $3.25B | $3.91B | $4B | |
| Other non-operating income (gains on investments, FX ...) | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $8.31B | $265M | |
| Total non-operating income | -$1.07B | -$1.19B | -$1.4B | -$1.7B | -$1.66B | -$1.66B | -$2.09B | -$3.25B | -$12.2B | -$4.27B | |
| Income before tax | $11.9B | $14B | $15.9B | $18B | $20.7B | $22.3B | $26.3B | $29.1B | $20.1B | $14.7B | |
| Income tax | $4.79B | $3.2B | $3.56B | $3.74B | $4.97B | $4.58B | $5.7B | $5.97B | $4.83B | $1.89B | |
| Net income | $7.02B | $10.6B | $12B | $13.8B | $15.4B | $17.3B | $20.1B | $22.4B | $14.4B | $12.1B | |
| EPS (basic) | $7.37 | $10.95 | $12.45 | $14.55 | $16.28 | $18.33 | $21.54 | $24.12 | $15.64 | $13.23 | |
| EPS (diluted) | $7.25 | $10.72 | $12.19 | $14.33 | $16.03 | $18.08 | $21.18 | $23.86 | $15.51 | $13.23 | |
| Shares (basic, weighted) | 952M | 964M | 963M | 951M | 946M | 943M | 934M | 928M | 929M | 910M | |
| Shares (diluted, weighted) | 968M | 985M | 983M | 966M | 961M | 956M | 950M | 938M | 929M | 910M | |
| Depreciation & amortization | $2.06B | $2.25B | $2.43B | $2.72B | $2.89B | $3.1B | $3.4B | $3.97B | $4.1B | $4.36B | |
| EBITDA | $15B | $17.5B | $19.8B | $22.4B | $25.3B | $27.1B | $31.8B | $36.3B | $28.1B | $23.1B |
Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics, estimates: Financial Modeling Prep. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30, 10-Q 2024-06-30
Data as of 2026-11-01