What is Humana's SG&A?

Humana (HUM) reported SG&A of $4.02B in Q1 2026.

How has Humana's SG&A changed year-over-year?

Humana's SG&A increased by 19.1% year-over-year, from $3.38B to $4.02B.

What is the long-term trend for Humana's SG&A?

Over 4 years (2021 to 2025), Humana's SG&A has grown at a 11.2% compound annual growth rate (CAGR), from $10.12B to $15.45B.

Combined selling expenses (sales force, marketing, distribution) and general & administrative costs (management, legal, accounting, facilities) — the broadest opex category.

Humana HUM SG&A

SG&A at other companies

UnitedHealth GroupUNH

$15.39B+13.2%

CenteneCNC

$3.4B+1.3%

Elevance HealthELV

$6.33B+19.4%

CignaCI

$3.72B-11.7%

Alignment HealthcareALHC

$121.14M+16.7%

CencoraCOR

$1.98B+23.6%

Segments

By segment

See full

CenterWell$5.76B+24.1%

Insurance$2.78B+9.9%

Other financials

Income statement

See full

Revenue$39.6B+23.5%

Operating income$1.8B-12.9%

Net income$1.2B-4.7%

EPS (diluted)$9.83-4.6%

Balance sheet

See full

Cash & equivalents$5.0B+16.5%

Total debt$14.0B+5.2%

Total equity$18.6B+4.7%

Total assets$55.3B+8.5%

Cash flow

See full

Operating cash flow$1.3B+279%

CapEx$121.0M+27.4%

Free cash flow$1.1B+380%

Valuation

See full

Market cap$47.69B+65.7%

Enterprise value$56.73B+52.0%

P/E15×-1.9×

P/S0.4×+0.1×

Profitability

See full

Operating margin2.7%-1.7pp

Net margin3%-0.1pp

FCF margin4.2%—

Returns & leverage

See full

Return on equity18.2%+0.9pp

Debt / equity0.8×0.0×

Current ratio1.8×-0.1×

Where this comes from

Reported directly by Humana in its filing.

Tagged under the XBRL concept us-gaap:SellingGeneralAndAdministrativeExpense.

The official record: Humana’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Humana's SG&A?: Humana (HUM) reported SG&A of $4.02B in Q1 2026.
How has Humana's SG&A changed year-over-year?: Humana's SG&A increased by 19.1% year-over-year, from $3.38B to $4.02B.
What is the long-term trend for Humana's SG&A?: Over 4 years (2021 to 2025), Humana's SG&A has grown at a 11.2% compound annual growth rate (CAGR), from $10.12B to $15.45B.
What does SG&A mean?: Combined selling expenses (sales force, marketing, distribution) and general & administrative costs (management, legal, accounting, facilities) — the broadest opex category.