Humana (HUM) Operating Expenses (2009 - 2026)
Humana's quarterly Operating Expenses came in at $37.9 billion in Q1 2026, up 25.9% year-on-year from $30.1 billion in Q1 2025, and up 13.72% quarter-over-quarter from $33.3 billion in Q4 2025.
Humana has reported Operating Expenses for 18 years, with the latest figure at $37.9 billion in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 25.9% year-over-year to $37.9 billion; the trailing twelve-month figure through Mar 2026 stood at $134.8 billion (up 15.25% YoY), and the FY2025 full-year result was $127.0 billion, up 10.21% from the prior year.
- Operating Expenses for Q1 2026 stood at $37.9 billion, up from $33.3 billion in the prior quarter.
- The five-year high for Operating Expenses was $37.9 billion in Q1 2026, with the low at $652.0 million in Q4 2022.
- Average Operating Expenses over 5 years is $26.5 billion, with a median of $28.4 billion recorded in 2024.
- Year-over-year, Operating Expenses slumped 96.89% in 2022 and jumped 4011.96% in 2023.
- Tracing HUM's Operating Expenses over 5 years: stood at $652.0 million in 2022, then jumped by 4011.96% to $26.8 billion in 2023, then advanced by 10.99% to $29.8 billion in 2024, then gained by 11.99% to $33.3 billion in 2025, then advanced by 13.72% to $37.9 billion in 2026.
- The last three Operating Expenses figures came in at $37.9 billion (Q1 2026), $33.3 billion (Q4 2025), and $32.2 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 345.31 Bn | 315.51 Bn | 98.90 Bn | 102.73 Bn |
| 2 | Cvs Health | 115.41 Bn | 103.79 Bn | 4.43 Bn | 95.75 Bn |
| 3 | Elevance Health | 88.60 Bn | 53.18 Bn | 13.88 Bn | 47.88 Bn |
| 4 | Cigna | 72.05 Bn | 64.43 Bn | -44.29 Bn | 66.14 Bn |
| 5 | Humana | 39.05 Bn | 17.15 Bn | 4.00 Bn | 37.89 Bn |
| 6 | Centene | 30.50 Bn | 6.84 Bn | 49.24 Bn | 48.08 Bn |
| 7 | Molina Healthcare | 9.31 Bn | 60.65 Mn | 1.53 Bn | 10.71 Bn |
| 8 | Oscar Health | 6.86 Bn | 63.05 Mn | -3.22 Bn | 3.94 Bn |
| 9 | Alignment Healthcare | 2.69 Bn | 1.96 Bn | 135.85 Mn | 1.22 Bn |
| 10 | Progyny | 2.12 Bn | 1.90 Bn | 83.07 Mn | 47.69 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 37.89 Bn |
| Dec 31, 2025 | 33.32 Bn |
| Sep 30, 2025 | 32.25 Bn |
| Jun 30, 2025 | 31.29 Bn |
| Mar 31, 2025 | 30.10 Bn |
| Dec 31, 2024 | 29.76 Bn |
| Sep 30, 2024 | 28.67 Bn |
| Jun 30, 2024 | 28.40 Bn |
| Mar 31, 2024 | 28.38 Bn |
| Dec 31, 2023 | 26.81 Bn |
| Sep 30, 2023 | 25.22 Bn |
| Jun 30, 2023 | 25.31 Bn |
| Mar 31, 2023 | 25.02 Bn |
| Dec 31, 2022 | 652.00 Mn |
| Sep 30, 2022 | 21.63 Bn |
| Jun 30, 2022 | 22.45 Bn |
| Mar 31, 2022 | 22.68 Bn |
| Dec 31, 2021 | 20.99 Bn |
| Sep 30, 2021 | 20.07 Bn |
| Jun 30, 2021 | 19.41 Bn |
| Mar 31, 2021 | 19.45 Bn |
| Dec 31, 2020 | 19.41 Bn |
| Sep 30, 2020 | 18.25 Bn |
| Jun 30, 2020 | 16.65 Bn |
| Mar 31, 2020 | 17.86 Bn |
| Dec 31, 2019 | 15.93 Bn |
| Sep 30, 2019 | 15.37 Bn |
| Jun 30, 2019 | 15.13 Bn |
| Mar 31, 2019 | 15.26 Bn |
| Dec 31, 2018 | 13.65 Bn |
| Sep 30, 2018 | 13.25 Bn |
| Jun 30, 2018 | 13.40 Bn |
| Mar 31, 2018 | 13.52 Bn |
| Dec 31, 2017 | 12.62 Bn |
| Sep 30, 2017 | 12.42 Bn |
| Jun 30, 2017 | 12.43 Bn |
| Mar 31, 2017 | 12.02 Bn |
| Dec 31, 2016 | 13.32 Bn |
| Sep 30, 2016 | 12.75 Bn |
| Jun 30, 2016 | 13.32 Bn |
| Mar 31, 2016 | 13.25 Bn |
| Dec 31, 2015 | 13.07 Bn |
| Sep 30, 2015 | 12.67 Bn |
| Jun 30, 2015 | 13.16 Bn |
| Mar 31, 2015 | 13.04 Bn |
| Dec 31, 2014 | 11.96 Bn |
| Sep 30, 2014 | 11.65 Bn |
| Jun 30, 2014 | 11.54 Bn |
| Mar 31, 2014 | 10.99 Bn |
| Dec 31, 2013 | 10.20 Bn |
| Sep 30, 2013 | 9.70 Bn |
| Jun 30, 2013 | 9.63 Bn |
| Mar 31, 2013 | 9.72 Bn |
| Dec 31, 2012 | 9.25 Bn |
| Sep 30, 2012 | 8.95 Bn |
| Jun 30, 2012 | 9.11 Bn |
| Mar 31, 2012 | 9.80 Bn |
| Dec 31, 2011 | 8.72 Bn |
| Sep 30, 2011 | 8.58 Bn |
| Jun 30, 2011 | 8.53 Bn |
| Mar 31, 2011 | 8.67 Bn |
| Dec 31, 2010 | 8.08 Bn |
| Sep 30, 2010 | 7.70 Bn |
| Jun 30, 2010 | 8.03 Bn |
| Mar 31, 2010 | 7.94 Bn |
| Dec 31, 2009 | 6.99 Bn |
| Sep 30, 2009 | 7.22 Bn |
| Jun 30, 2009 | 7.43 Bn |
| Mar 31, 2009 | 7.39 Bn |