Cost of Revenue

Total Cost of Revenue

UnitedHealth Group Total Cost of Revenue increased by 1.1% to $12.82B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 3.5%, from $12.39B to $12.82B. Over 4 years (FY 2021 to FY 2025), Total Cost of Revenue shows an upward trend with a 13.0% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementIncome Statement
SectionCost of Revenue
CategoryProfitability
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026May 5, 2026

How to read this metric

An increase relative to revenue suggests rising production costs or margin compression, while a decrease suggests improved operational efficiency.

Detailed definition

Total cost of revenue includes the direct costs attributable to the production of goods or the delivery of services sold...

Peer comparison

Varies by industry; for medical device manufacturers, this includes significant manufacturing and supply chain costs.

Metric ID: total_cost_of_revenue

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$7.66B$7.80B$8.00B$8.49B$8.60B$8.31B$8.31B$9.41B$9.75B$9.42B$10.19B$11.06B$11.34B$11.83B$12.46B$12.39B$13.02B$12.57B$12.68B$12.82B
QoQ Change+1.9%+2.5%+6.1%+1.3%-3.4%+0.1%+13.1%+3.6%-3.3%+8.2%+8.5%+2.6%+4.4%+5.3%-0.6%+5.1%-3.5%+0.9%+1.1%
YoY Change+12.2%+6.5%+3.9%+10.8%+13.4%+13.4%+22.6%+17.6%+16.3%+25.6%+22.3%+12.1%+14.8%+6.2%+1.7%+3.5%
Range$7.66B$13.02B
CAGR+11.5%
Avg YoY Growth+12.7%
Median YoY Growth+12.8%
Current Streak2 quarters growth

Frequently Asked Questions

What is UnitedHealth Group's total cost of revenue?
UnitedHealth Group (UNH) reported total cost of revenue of $12.82B in Q1 2026.
How has UnitedHealth Group's total cost of revenue changed year-over-year?
UnitedHealth Group's total cost of revenue increased by 3.5% year-over-year, from $12.39B to $12.82B.
What is the long-term trend for UnitedHealth Group's total cost of revenue?
Over 4 years (2021 to 2025), UnitedHealth Group's total cost of revenue has grown at a 13.0% compound annual growth rate (CAGR), from $31.03B to $50.66B.
What does total cost of revenue mean?
The direct costs incurred to produce the goods or services that a company sold during a specific period.