UnitedHealth Group Optum — Total operating costs increased by 3.9% to $66.67B in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 12.2%, from $59.43B to $66.67B. Over 2 years (FY 2022 to FY 2024), Optum — Total operating costs shows an upward trend with a 18.3% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
A decrease relative to revenue indicates improved operational efficiency, while an increase may signal rising service delivery costs.
The total expenses incurred by the Optum segment to deliver its healthcare services, including medical costs, pharmacy c...
Comparable to total operating expenses for large healthcare service and pharmacy benefit management companies.
unh_segment_optum_total_operating_costs| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $42.18B | $42.18B | $42.18B | $42.18B | $52.67B | $52.67B | $52.67B | $52.67B | $57.52B | $59.01B | $59.43B | $60.30B | $59.99B | $64.15B | $66.67B |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +24.9% | +0.0% | +0.0% | +0.0% | +9.2% | +2.6% | +0.7% | +1.5% | -0.5% | +6.9% | +3.9% |
| YoY Change | — | — | — | — | +24.9% | +24.9% | +24.9% | +24.9% | +9.2% | +12.0% | +12.8% | +14.5% | +4.3% | +8.7% | +12.2% |
We use cookies for analytics. See our Privacy and Cookie Policy.