Financial Statements — UNH
Balance Sheet
(in billions USD)| Metric | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Cash & Equivalents | 28.00 | 27.21 | 28.60 | 30.72 | 32.40 | 26.29 | 28.41 | 38.92 | 41.81 | 41.91 | 38.85 | 24.61 | 25.48 | 21.09 | 19.83 | 19.95 |
| Short-term Investments | 3.23 | 3.40 | 3.42 | 3.57 | 4.73 | 5.04 | 4.30 | 5.18 | 4.47 | 4.58 | 3.68 | 3.35 | 2.91 | 2.79 | 2.73 | 2.96 |
| Total Current Assets | 91.13 | 95.07 | 93.70 | 96.29 | 92.26 | 92.04 | 88.94 | 91.91 | 89.87 | 93.90 | 82.94 | 68.36 | 69.03 | 61.61 | 58.92 | 59.51 |
| Total Assets | 312.64 | 315.27 | 308.57 | 309.79 | 299.31 | 286.06 | 284.21 | 282.06 | 280.16 | 283.68 | 243.06 | 230.17 | 221.24 | 213.05 | 210.29 | 205.17 |
| Total Current Liabilities | 114.12 | 115.53 | 110.78 | 113.47 | 101.57 | 104.67 | 104.43 | 114.18 | 112.98 | 116.48 | 100.94 | 88.70 | 88.17 | 79.58 | 76.56 | 80.64 |
| Long-term Debt | 71.44 | 72.40 | 73.50 | 71.29 | 74.10 | 63.73 | 63.85 | 58.08 | 59.27 | 60.66 | 45.44 | 45.80 | 40.80 | 43.35 | 44.35 | 37.42 |
| Total Liabilities | 207.33 | 209.46 | 203.79 | 204.62 | 194.85 | 186.82 | 187.29 | 188.08 | 188.01 | 193.06 | 160.14 | 149.04 | 143.59 | 138.41 | 136.97 | 134.59 |
| Retained Earnings | 99.88 | 97.60 | 97.25 | 97.93 | 96.52 | 92.40 | 90.12 | 93.17 | 89.99 | 88.85 | 83.72 | 80.54 | 78.78 | 75.12 | 73.09 | 71.22 |
| Total Stockholder Equity* | 105.32 | 105.81 | 104.78 | 105.17 | 104.46 | 99.23 | 96.92 | 93.98 | 92.16 | 90.62 | 82.92 | 81.13 | 77.65 | 74.63 | 73.32 | 70.58 |
* Derived from reported values
Income Statement
(in billions USD) (except per-share rows)| Metric | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 | Q2
2021 |
|---|
| Net Premiums Earned | 87.56 | 88.81 | 88.98 | 87.91 | 86.53 | 76.48 | 77.44 | 76.90 | 77.99 | 73.23 | 72.34 | 72.47 | 72.79 | 64.70 | 64.49 | 63.90 | 64.07 | 57.55 | 56.97 | 56.23 |
| Total Revenue | 111.72 | 113.22 | 113.16 | 111.62 | 109.58 | 100.81 | 100.82 | 98.86 | 99.80 | 94.43 | 92.36 | 92.90 | 91.93 | 82.79 | 80.89 | 80.33 | 80.15 | 73.74 | 72.34 | 71.32 |
| Benefits & Claims | 73.49 | 82.04 | 79.96 | 78.58 | 73.41 | 67.04 | 65.96 | 65.46 | 65.74 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Operating Income | 8.99 | 0.38 | 4.32 | 5.15 | 9.12 | 7.77 | 8.71 | 7.88 | 7.93 | 7.69 | 8.53 | 8.06 | 8.09 | 6.89 | 7.46 | 7.13 | 6.95 | 5.54 | 5.71 | 5.98 |
| Tax Provision | 1.48 | (0.94) | 0.69 | 0.51 | 1.63 | 1.01 | 1.36 | 1.24 | 1.22 | 1.18 | 1.65 | 1.57 | 1.56 | 1.31 | 1.56 | 1.47 | 1.37 | 0.92 | 1.10 | 1.20 |
| Net Income | 6.28 | 0.01 | 2.35 | 3.41 | 6.29 | 5.54 | 6.06 | 4.22 | (1.41) | 5.46 | 5.84 | 5.47 | 5.61 | 4.76 | 5.26 | 5.07 | 5.03 | 4.07 | 4.09 | 4.27 |
| Diluted EPS | 6.90 | 0.05 | 2.59 | 3.74 | 6.85 | 5.99 | 6.51 | 4.54 | (1.53) | 5.85 | 6.24 | 5.82 | 5.95 | 5.02 | 5.55 | 5.34 | 5.27 | 4.26 | 4.28 | 4.46 |
Cash Flow Statement
(in billions USD)| Metric | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 | Q2
2021 |
|---|
| Operating Cash Flow | 8.91 | 1.11 | 5.95 | 7.19 | 5.46 | 2.37 | 13.95 | 6.75 | 1.14 | (5.19) | 6.90 | 11.03 | 16.33 | (4.53) | 18.55 | 6.87 | 5.32 | 3.22 | 7.58 | 5.54 |
| Capital Expenditures | 0.76 | 0.95 | 0.89 | 0.89 | 0.90 | 0.91 | 0.99 | 0.85 | 0.74 | 0.96 | 0.84 | 0.83 | 0.76 | 0.87 | 0.72 | 0.66 | 0.56 | 0.70 | 0.63 | 0.56 |
| Free Cash Flow* | 8.15 | 0.16 | 5.06 | 6.30 | 4.56 | 1.46 | 12.95 | 5.89 | 0.40 | (6.15) | 6.06 | 10.20 | 15.57 | (5.40) | 17.83 | 6.21 | 4.76 | 2.52 | 6.95 | 4.98 |
| Investing Cash Flow | (2.45) | (2.61) | (4.56) | (1.44) | (0.07) | (1.12) | (5.65) | (7.42) | (6.34) | (1.19) | (2.64) | (0.73) | (11.02) | (15.37) | (0.85) | (8.59) | (3.67) | 0.72 | (1.88) | (5.50) |
| Financing Cash Flow | (2.99) | (1.03) | (2.76) | (7.95) | 0.10 | (8.34) | (2.20) | (1.20) | 8.23 | (7.16) | (7.10) | (10.46) | 13.19 | 4.39 | (3.42) | 0.95 | 2.30 | (3.63) | (4.40) | (0.22) |
* Derived from reported values
Dividends Per Share
(USD)| Metric | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 | Q2
2021 |
|---|
| Dividends Per Share | 2.21 | 2.21 | 2.21 | 2.21 | 2.10 | 2.10 | 2.10 | 2.10 | 1.88 | 1.88 | 1.88 | 1.88 | 1.65 | 1.65 | 1.65 | 1.65 | 1.45 | 1.45 | 1.45 | 1.45 |
