| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 111.7K | 2.0% |
| Total Income | 111.7K | 2.0% |
| Expenditure | 102.7K | 2.3% |
| PBT | 8.0K | 1.8% |
| Net Profit | 6.3K | 0.2% |
| OPM | 8.05% | 0.27pp |
| NPM | 5.62% | 0.12pp |
| EPS | 6.92 | 0.3% |
UnitedHealth Group Reports Q1 2026 Revenues of $111.7 Billion, Up 2% Y-o-Y
21 Apr 2026 · 21 Apr, 3:32 pm
Summary
UnitedHealth Group reported first quarter 2026 results, with revenues of $111.7 billion, a 2% increase year-over-year. Earnings from operations were $9.0 billion, and the medical cost ratio was 83.9%. UnitedHealthcare served 49.1 million consumers, while Optum supported over 122 million consumers, generating $63.7 billion in revenue. The company anticipates full year 2026 adjusted net earnings of greater than $18.25 per share.
Key Highlights
- 1
UnitedHealth Group's first quarter 2026 revenues reached $111.7 billion, reflecting a 2% year-over-year increase.
- 2
First quarter 2026 earnings from operations totaled $9.0 billion, demonstrating improved operations and continued investments.
- 3
Adjusted net earnings for the first quarter 2026 were reported at $7.23 per share.
- 4
The medical care ratio for the first quarter 2026 was 83.9%, a decrease of 90 basis points from the first quarter 2025.
- 5
UnitedHealthcare served 49.1 million consumers and expanded operating margins by 40 basis points to 6.6% compared to 6.2% in the first quarter 2025.
- 6
Optum's revenues reached $63.7 billion with earnings of $3.3 billion, reflecting a margin of 5.2% while supporting more than 122 million consumers.
- 7
The company expects full year 2026 adjusted net earnings of greater than $18.25 per share.
Management Comments
Stephen Hemsley
We are continuing to help simplify and modernize health care for the people and care providers we serve, bringing greater value, affordability, transparency and connectivity.”
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