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UnitedHealth Group UNH Total costs & expenses

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Segments

By segment

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UnitedHealthcare$80.57B+1.5%
Optum Rx$34.54B+2.2%
Optum Health$22.97B-2.0%
Optum Insight$4.16B+7.7%

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:CostsAndExpenses.

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)Three Months Ended March 31, 2026Three Months Ended March 31, 2025
Operating costs15,39013,594
Cost of products sold12,82312,390
Depreciation and amortization1,0291,061
Total operating costs102,731100,456
Earnings from operations8,9909,119
Interest expense(955)(998)
Loss on sale of subsidiary and subsidiaries held for sale(72)(15)
Earnings before income taxes7,9638,106

Item 1. Financial Statements (unaudited)

FAQ

What is UnitedHealth Group's total costs & expenses?
UnitedHealth Group (UNH) reported total costs & expenses of $102.73B in Q1 2026.
How has UnitedHealth Group's total costs & expenses changed year-over-year?
UnitedHealth Group's total costs & expenses increased by 2.3% year-over-year, from $100.46B to $102.73B.
What is the long-term trend for UnitedHealth Group's total costs & expenses?
Over 4 years (2021 to 2025), UnitedHealth Group's total costs & expenses has grown at a 12.9% compound annual growth rate (CAGR), from $263.63B to $428.6B.

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