Universal Health Services (UHS) Operating Expenses (2009 - 2026)

Universal Health Services has reported Operating Expenses for 18 years, with the latest figure at $4.0 billion in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses rose 9.53% year-over-year to $4.0 billion; the trailing twelve-month figure through Mar 2026 stood at $15.7 billion (up 9.64% YoY), and the FY2025 full-year result was $15.4 billion, up 8.66% from the prior year.
• Operating Expenses for Q1 2026 stood at $4.0 billion, up from $4.0 billion in the prior quarter.
• The five-year high for Operating Expenses was $4.0 billion in Q1 2026, with the low at $3.1 billion in Q1 2022.
• Historically, Operating Expenses has averaged $3.5 billion across 5 years, with a median of $3.5 billion in 2024.
• Annual changes were most pronounced in 2022 — Operating Expenses climbed 12.61% — and 2023, when it increased 4.21%.
• Universal Health Services' Operating Expenses stood at $3.2 billion in 2022, then increased by 5.86% to $3.4 billion in 2023, then grew by 7.97% to $3.6 billion in 2024, then advanced by 9.0% to $4.0 billion in 2025, then advanced by 0.59% to $4.0 billion in 2026.
• The last three Operating Expenses figures came in at $4.0 billion (Q1 2026), $4.0 billion (Q4 2025), and $4.0 billion (Q3 2025), per Business Quant data.