Skip to content
OpenCapital
Get started
Income StatementBalance SheetCash FlowSegments
Humana logo

Humana Business Segments

Business, geographic, and product segment breakdowns

Humana generates $137.20B in annual revenue across 2 key segments: CenterWell ($23.5B), and Insurance ($131.69B). The company-wide operating margin is 2.7%. Based on the Q1 2026 filing.

CenterWell (TTM)$23.5BInsurance (TTM)$131.69B
Latest FilingQ1 2026
Report Date2026-04-29
Market Cap$44.3B
P/E Ratio13.96
ROE18.22%

Products & Services

Reinsurance Recoverables, Including Reinsurance Premium Paid

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
All Others$13M———$13M—
Protective Life Insurance Company$154M———$146M—

Revenue

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
External Revenues$28.9B$31.8B$32.1B$32.3B$32.4B$39.4B

Premiums

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Product$27.8B$30.5B$30.7B$30.7B$30.9B$37.7B

Accounts receivable

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Services$360M$365M$373M$344M$367M$324M

Services

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Services$1.2B$1.3B$1.4B$1.6B$1.5B$1.7B

Business Segments

Acquisitions

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
CenterWell$41M$0$2M$3M$67M$585M
Insurance$0$0$0$0$0$218M

Benefits

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Insurance$25.5B$26.7B$27.6B$28B$28.8B$33.7B
CenterWell$0$0$0$0$0$0

Benefits, Losses and Expenses

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Insurance$28.8B$29.4B$30.3B$30.9B$32.3B$36.6B
CenterWell$4.8B$4.7B$5.2B$5.6B$5.7B$5.8B

D&A

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Insurance$180M$154M$149M$148M$145M$142M
CenterWell$58M$59M$60M$53M$47M$49M

Goodwill

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
CenterWell$7B$7B$7B$7B$7B$7.6B
Insurance$2.7B$2.7B$2.7B$2.7B$2.7B$2.9B

Investment income

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Insurance$168M$170M$171M$210M$166M$102M
CenterWell$0$0$0$0$0$0

Operating costs

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
CenterWell$4.7B$4.6B$5.1B$5.5B$5.6B$5.8B
Insurance$3.1B$2.5B$2.6B$2.8B$3.4B$2.8B

Operating Income (Loss)

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Insurance—$1.6B$766M$251M—$1.4B
CenterWell$327M$392M$344M$305M$298M$289M

Revenue

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Insurance$28.2B$30.9B$31.1B$31.2B$31.3B$38.1B
CenterWell$5.1B$5.1B$5.5B$5.9B$6B$6.1B