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Humana HUM External Revenues — Revenue

Other product segments

Services
$1.78B+27.1%

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Other financials

Income statement

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Revenue$40.9B+26.2%
Operating income$1.4B+23.9%
Net income$694.0M+27.3%
EPS (diluted)$5.73+27.1%

Balance sheet

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Cash & equivalents$6.9B+70.6%
Total debt$14.2B+13.2%
Total equity$19.2B+5.4%
Total assets$57.2B+13.6%

Cash flow

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Operating cash flow$2.0B+54.7%
CapEx$132.0M+15.8%
Free cash flow$1.8B+58.5%

Valuation

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Market cap$43.69B+41.5%
Enterprise value$51.04B+29.5%
P/E16.7×-2.1×
P/S0.3×0.0×

Profitability

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Operating margin2.7%-1.7pp
Net margin3%-0.1pp
FCF margin4.2%

Returns & leverage

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Return on equity18.2%+0.9pp
Debt / equity0.7×+0.1×
Current ratio1.7×-0.2×

Where this comes from

Reported directly by Humana in its filing.

Tagged under the XBRL concept us-gaap:Revenues.

The source filing: Humana’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 2:11 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000049071-26-000050
Three months ended June 30, 2026Insurance / (in millions)Center Well / (in millions)Eliminations/Corporate / (in millions)Consolidated / (in millions)
External revenues
Premiums revenue$38,834$38,834
Services revenue1991,5811,780
Total external revenues39,0331,58140,614
Intersegment revenues25,209(5,211)
Net investment income105148253
Total revenues39,1406,790(5,063)40,867
Operating expenses:

Item 6. Exhibits [53](#ia86f76420e744c99a4e0b1c9d7af6cd5_127)

FAQ

What is Humana's external revenues — revenue?
Humana (HUM) reported external revenues — revenue of $40.61B in Q2 2026.
How has Humana's external revenues — revenue changed year-over-year?
Humana's external revenues — revenue increased by 26.5% year-over-year, from $32.12B to $40.61B.
What is the long-term trend for Humana's external revenues — revenue?
Over 3 years (2021 to 2025), Humana's external revenues — revenue has grown at a 15.8% compound annual growth rate (CAGR), from $82.88B to $128.66B.
What does external revenues — revenue mean?
This metric represents the total gross revenue generated from external customers for a specific business segment or product line, excluding any intercompany eliminations. It serves as a primary indicator of the segment's market reach and its ability to capture value from third-party payers or members. By isolating external revenue, investors can assess the standalone commercial performance and growth trajectory of the business unit independent of internal corporate transfers.

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