UnitedHealth Reports $112.7 Billion Revenue in Third Quarter 2026
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اقرأ بالعربيةUnitedHealth Group announced revenue of $112.7 billion in the third quarter of 2026, with adjusted earnings per share of $4.69, and raised its full-year guidance to at least $20.50 per share.
What this means
UnitedHealth Group, one of the largest health insurance and healthcare companies in the United States, released its financial results for the third quarter of 2026 and demonstrated growth in revenue and earnings. The company operates through two main segments: UnitedHealthcare (health insurance) serving 48.3 million consumers, and Optum (healthcare services and pharmacy) serving more than 120 million patients and consumers. The company's raise in annual guidance indicates confidence in its future performance, though the medical care ratio of 88.4% reflects elevated healthcare costs paid by the company relative to insurance premiums collected.
Details
**Revenue and Earnings** UnitedHealth Group recorded revenue of $112.7 billion in the third quarter of 2026, according to the company's filing. Operating income reached $6.6 billion, while the company achieved earnings per share (EPS) of $4.56 per share. Adjusted earnings per share (Adjusted EPS), which excludes exceptional items to provide a clearer picture of operational performance, reached $4.69 per share in the third quarter. **Cash Flows and Financial Indicators** The company generated operating cash flows of $5.1 billion during the third quarter, according to the filing. Net profit margin reached 3.6%, representing the ratio of net income to revenue. The medical care ratio stood at 88.4%, representing the ratio of healthcare costs paid by the company to insurance premiums collected. Operating cost ratio reached 12.8%. Debt-to-capital ratio was 41.7% as of September 30, 2026, an indicator of leverage relative to shareholders' equity. **Segment Performance** The UnitedHealthcare segment, focused on health insurance, served 48.3 million consumers and generated revenue of $86.3 billion in the third quarter, according to the company's filing. The Optum segment, which provides healthcare services and pharmacy services, served more than 120 million patients and consumers and generated revenue of $66.9 billion. **Full-Year 2026 Guidance** UnitedHealth Group raised its full-year 2026 guidance, expecting to achieve earnings per share of at least $19.50, and adjusted earnings per share of at least $20.50, according to the company's filing.
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