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UnitedHealth Group UNH Intangibles (Net)

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Other financials

Income statement

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Revenue$111.72B+2.0%
Gross profit$98.9B+1.8%
Operating income$9.0B-1.4%
Net income$6.3B-0.2%
EPS (diluted)$6.90+0.7%

Balance sheet

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Cash & equivalents$28.0B-8.8%
Total debt$77.9B-4.1%
Total equity$103.90B+3.1%
Total assets$312.64B+0.9%

Cash flow

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Operating cash flow$8.9B+63.3%
CapEx$763.0M-15.0%
Free cash flow$8.1B+78.8%

Valuation

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Market cap$374.84B+68.1%
Enterprise value$424.75B+55.3%
P/E31.1×+20.7×
P/S0.8×+0.3×

Profitability

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Gross margin88.6%+0.4pp
Operating margin4.2%-4.0pp
Net margin2.7%-2.7pp
FCF margin4.4%-1.7pp

Returns & leverage

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Return on equity11.8%-11.1pp
Debt / equity0.8×-0.1×
Current ratio0.8×-0.1×

Where this comes from

Reported directly by UnitedHealth Group in its filing.

Tagged under the XBRL concept us-gaap:IntangibleAssetsNetExcludingGoodwill.

The source filing: UnitedHealth Group’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 4:38 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000731766-26-000127
(in millions, except per share data)March 31,2026December 31,2025
Long-term investments56,78854,251
Property, equipment and capitalized software, net10,66710,762
Goodwill110,512110,499
Other intangible assets, net20,09320,474
Other assets23,45723,013
Total assets$312,644$309,581
Liabilities, redeemable noncontrolling interests and equity
Current liabilities:

Item 1. Financial Statements (unaudited)

FAQ

What is UnitedHealth Group's intangibles (net)?
UnitedHealth Group (UNH) reported intangibles (net) of $20.09B in Q1 2026.
How has UnitedHealth Group's intangibles (net) changed year-over-year?
UnitedHealth Group's intangibles (net) decreased by 12.4% year-over-year, from $22.95B to $20.09B.
What is the long-term trend for UnitedHealth Group's intangibles (net)?
Over 5 years (2020 to 2025), UnitedHealth Group's intangibles (net) has grown at a 13.5% compound annual growth rate (CAGR), from $10.86B to $20.47B.
What does intangibles (net) mean?
Identifiable intangible assets (patents, trademarks, customer relationships, technology) net of accumulated amortization — excluding goodwill.

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