Humana (HUM) Gross Margin (2009 - 2026)

Humana (HUM) recorded quarterly Gross Margin of 10.61% in Q1 2026, down 9.05% quarter-over-quarter from 11.67% in Q4 2025, and up 189974.0% on a YoY basis from N/an in Q1 2025.

Humana (HUM) Gross Margin (2009 - 2026) Analysis & Trends

Humana's Gross Margin history runs 18 years deep, the most recent figure standing at 10.61% for Q1 2026.

  • In Q1 2026, Gross Margin rose 189974.0% year-over-year to 10.61%; the TTM figure through Mar 2026 stood at 11.68% (down 51638.0% YoY), while the FY2025 annual figure was 14.54%, up 218635.0% from the prior year.
  • Gross Margin was 10.61% for Q1 2026 at Humana, down from 11.67% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 130.17% in Q4 2024 to a low of 2741.28% in Q4 2022.
  • Historically, Gross Margin has averaged 253.07% across 5 years, with a median of 14.27% in 2025.
  • The sharpest annual moves came in 2022 and 2023: Gross Margin tumbled 276572 bps in 2022, then jumped 275062 bps in 2023.
  • A 5-year view of Gross Margin shows it stood at 2741.28% in 2022, then soared by 100 bps to 9.34% in 2023, then soared by 1294 bps to 130.17% in 2024, then plunged by 91 bps to 11.67% in 2025, then slipped by 9 bps to 10.61% in 2026.
  • The last three Gross Margin figures came in at 10.61% (Q1 2026), 11.67% (Q4 2025), and 14.27% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Unitedhealth 370.74 Bn 340.93 Bn 98.90 Bn 88.52%
2 Cvs Health 129.62 Bn 118.00 Bn 4.43 Bn 13.12%
3 Elevance Health 88.73 Bn 53.31 Bn 13.88 Bn 28.04%
4 Cigna 78.23 Bn 70.61 Bn -44.29 Bn -451.37%
5 Humana 45.63 Bn 23.73 Bn 4.00 Bn 10.61%
6 Centene 32.06 Bn 8.39 Bn 49.24 Bn 98.59%
7 Molina Healthcare 10.16 Bn 905.08 Mn 1.53 Bn 14.13%
8 Oscar Health 8.44 Bn 1.64 Bn -3.22 Bn -56,385.78%
9 Alignment Healthcare 4.05 Bn 3.33 Bn 135.85 Mn 11.08%
10 Clover Health Investments 2.46 Bn 2.27 Bn 154.54 Mn 20.77%

Historic Data

Download Data
DateValue
Mar 31, 2026 10.61%
Dec 31, 2025 11.67%
Sep 30, 2025 14.27%
Jun 30, 2025 10.26%
Mar 31, 2025 -1,889.13%
Dec 31, 2024 130.17%
Sep 30, 2024 14.55%
Jun 30, 2024 15.24%
Mar 31, 2024 15.15%
Dec 31, 2023 9.34%
Sep 30, 2023 17.70%
Jun 30, 2023 17.71%
Mar 31, 2023 14.45%
Dec 31, 2022 -2,741.28%
Sep 30, 2022 19.36%
Jun 30, 2022 14.22%
Mar 31, 2022 13.56%
Dec 31, 2021 24.44%
Sep 30, 2021 16.34%
Jun 30, 2021 16.93%