UNITEDHEALTH GROUP INCORPORATED (Delaware) (UNH) Financials
Key financial figures for UNITEDHEALTH GROUP INCORPORATED (Delaware) (Q3 2026).
UnitedHealth Q3 2026 medical care ratio improved to 88.4% from 89.9% and adjusted EPS rose to $4.69 from $2.92 on revenue of $112.7 billion, and full-year adjusted EPS guidance was raised to at least $20.50. Revenue was $112.7 billion versus $113.2 billion a year earlier. Earnings from operations were $6.6 billion versus $4.3 billion, net margin was 3.6% versus 2.1%, diluted EPS was $4.56 versus $2.59 and adjusted EPS was $4.69 versus $2.92. The medical care ratio was 88.4% versus 89.9% in Q3 2025, which the company attributed to medical cost management, benefit design changes and pricing discipline; it included $610 million of net favorable prior period reserve development related to 2026 dates of service. The operating cost ratio was 12.8% versus 13.5%. On the outlook: Full-year 2026 diluted EPS of at least $19.50 and adjusted EPS of at least $20.50 (net earnings above $17,650 million, adjusted net earnings above $18,585 million), described by the company as raised guidance incorporating experience through the third quarter. Figures are for Q3 2026, as UnitedHealth Group Incorporated reported them.
- Revenue
- $112.7B
- Net Income
- $4.1B
- EPS
- $4.58
- Total Assets
- $312.8B
- Operating Cash Flow
- $5.1B
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q3 FY2026 | $112.7B | $4.1B | $4.56 | 5.82% | $4.3B |
| Q2 FY2026 | $112.0B | $5.5B | $6.04 | 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 |
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 $112.69 billion for Q3 FY2026, down 0.4% from the same period a year earlier.
Is UnitedHealth Group Incorporated profitable?
Yes. UnitedHealth Group Incorporated reported net income of $4.11 billion for Q3 FY2026, a net margin of 3.65% on revenue.
How has UnitedHealth Group Incorporated's margin trended?
Operating margin was 5.82% in Q3 FY2026, compared with 3.81% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did UnitedHealth Group Incorporated generate?
UnitedHealth Group Incorporated generated free cash flow of $4.26 billion in Q3 FY2026, after capital expenditure.
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.