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UnitedHealth Group UNH Optum Health — Total operating costs

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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$382.09B+49.3%
Enterprise value$432.01B+40.9%
P/E31.7×+19.7×
P/S0.9×+0.2×

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 official record: UnitedHealth Group’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is UnitedHealth Group's optum health — total operating costs?
UnitedHealth Group (UNH) reported optum health — total operating costs of $22.97B in Q1 2026.
How has UnitedHealth Group's optum health — total operating costs changed year-over-year?
UnitedHealth Group's optum health — total operating costs decreased by 2.0% year-over-year, from $23.43B to $22.97B.
What is the long-term trend for UnitedHealth Group's optum health — total operating costs?
Over 3 years (2022 to 2025), UnitedHealth Group's optum health — total operating costs has grown at a 16.1% compound annual growth rate (CAGR), from $65.14B to $101.97B.
What does optum health — total operating costs mean?
The total expenses incurred by the Optum Health segment to deliver healthcare services, including medical costs, administrative expenses, and personnel costs. This metric measures the efficiency of the segment's cost structure relative to its revenue generation. Monitoring these costs is critical for evaluating the segment's operating margin and cost-containment effectiveness.