Quarterly ResultApr 21, 2026, 06:07 AM
UnitedHealth Q1 2026 Revenue Up 2% to $111.7B; Adj. EPS $7.23
AI Summary
UnitedHealth Group reported strong first-quarter 2026 results, with revenues growing 2% year-over-year to $111.7 billion and adjusted earnings per share of $7.23. The company's medical cost ratio improved by 90 basis points to 83.9%, reflecting operational efficiencies. Strategic actions include exiting non-U.S. businesses, leadership changes, and investments in AI and cybersecurity. The company also announced the acquisition of Alegeus Technologies and a $2 billion share buyback program, while reaffirming its full-year adjusted net earnings outlook of over $18.25 per share.
Key Highlights
- Q1 2026 revenues reached $111.7 billion, a 2% year-over-year increase.
- Adjusted earnings per share for Q1 2026 were $7.23.
- Medical cost ratio improved to 83.9% in Q1 2026, down 90 basis points from Q1 2025.
- Full year 2026 adjusted net earnings are expected to be greater than $18.25 per share.
- Cash flows from operations were $8.9 billion, 1.4x net income.