UNITEDHEALTH GROUP INCORPORATED (Delaware) (UNH) Financials
Key financial figures for UNITEDHEALTH GROUP INCORPORATED (Delaware) (Q2 2026).
UnitedHealth Q2 2026 adjusted EPS of $6.38 beats $4.91 estimate as medical care ratio improves to 86.7%; raises full-year adjusted EPS guidance to $19.50-$20.00. UnitedHealth Group reported Q2 2026 revenue of $112.0 billion (+0.4% YoY) and adjusted diluted EPS of $6.38, well above the $4.91 consensus estimate and up from $4.08 a year ago. The medical care ratio (MCR) improved to 86.7% from 89.4% in Q2 2025, which management attributed to benefit design changes, improved medical management, and better-aligned pricing; the ratio included $860 million of net favorable prior-period reserve development, most of it tied to 2026 dates of service. On the outlook: Full-year 2026 adjusted diluted EPS; Current Range: $19.50 to $20.00; Prior Range: greater than $18.25 (set after Q1 2026; original January 2026 outlook was greater than $17.75); Action: raised; Additional Guidance: Full-year 2026 GAAP diluted EPS guided to $18.45-$18.95, Full-year 2026 medical care ratio guided to approximately 88.1% (+/- 25 basis points), UnitedHealthcare full-year 2026 operating earnings guided to at least $12 billion, Full-year 2026 share repurchases on track for at least $5.0 billion ($4.0 billion completed through mid-July 2026). Figures are for Q2 2026, as UnitedHealth Group Incorporated reported them.
- Revenue
- $112.0B
- Net Income
- $5.7B
- EPS
- $6.06
- Total Assets
- $309.7B
- Operating Cash Flow
- $11.1B
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q2 FY2026 | $112.0B | $5.5B | $6.05 | 7.13% | $10.3B |
| Q1 FY2026 | $111.7B | $6.3B | $6.90 | 8.05% | $8.1B |
| Q4 FY2025 | $113.2B | $10M | $0.01 | 0.34% | $160M |
| Q3 FY2025 | $113.2B | $2.3B | $2.59 | 3.81% | $5.1B |
| Q2 FY2025 | $111.6B | $3.4B | $3.74 | 4.61% | $6.3B |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $447.6B | $12.1B | $13.23 | 4.24% | $16.1B |
| FY2024 | $400.3B | $14.4B | $15.51 | 8.07% | $20.7B |
| FY2023 | $371.6B | $22.4B | $23.86 | 8.71% | $25.7B |
Frequently asked questions
What was UnitedHealth Group Incorporated's revenue last quarter?
UnitedHealth Group Incorporated reported revenue of $112.03 billion for Q2 FY2026, up 0.4% from the same period a year earlier.
Is UnitedHealth Group Incorporated profitable?
Yes. UnitedHealth Group Incorporated reported net income of $5.48 billion for Q2 FY2026, a net margin of 4.9% on revenue.
How has UnitedHealth Group Incorporated's margin trended?
Operating margin was 7.13% in Q2 FY2026, compared with 4.61% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
When does UnitedHealth Group Incorporated report next?
UnitedHealth Group Incorporated is scheduled to report results on 2026-10-13. The company has confirmed that date.
Full income statement, balance sheet and cash flow for UNITEDHEALTH GROUP INCORPORATED (Delaware) on SentiSense, with up to forty quarters and twenty fiscal years of history.