Growth Metrics

Unitedhealth (UNH) Cost of Revenue (2009 - 2026)

Unitedhealth (UNH) reported Cost of Revenue of $12.8 billion for Q1 2026, down 82.53% year-over-year from $73.4 billion in Q1 2025, and up 107.07% on a QoQ basis from -$181.3 billion in Q4 2025.

Unitedhealth (UNH) has 18 years of Cost of Revenue data on file, last reported at $12.8 billion in Q1 2026.

  • Quarterly Cost of Revenue fell 82.53% year-over-year to $12.8 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$75.5 billion (down 127.77% YoY) and the FY2025 annual result came in at $50.7 billion, down 80.83% from the prior year.
  • Cost of Revenue grew to $12.8 billion in Q1 2026 per UNH's latest filing, from -$181.3 billion in the prior quarter.
  • Across five years, Cost of Revenue topped out at $80.0 billion in Q3 2025 and bottomed at -$181.3 billion in Q4 2025.
  • The 5-year median for Cost of Revenue is $52.5 billion (2022), against an average of $22.7 billion.
  • The widest annual swing landed in 2024, when Cost of Revenue soared 599.96%; it then tumbled 370.45% in 2025.
  • Tracing UNH's Cost of Revenue over 5 years: stood at -$123.5 billion in 2022, then jumped by 150.37% to $62.2 billion in 2023, then grew by 7.72% to $67.0 billion in 2024, then sank by 370.45% to -$181.3 billion in 2025, then jumped by 107.07% to $12.8 billion in 2026.
  • Per Business Quant, the three latest UNH Cost of Revenue figures stand at $12.8 billion (Q1 2026), -$181.3 billion (Q4 2025), and $80.0 billion (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Unitedhealth 345.31 Bn 315.51 Bn 98.90 Bn 12.82 Bn
2 Cvs Health 115.41 Bn 103.79 Bn 4.43 Bn 29.36 Bn
3 Elevance Health 88.60 Bn 53.18 Bn 13.88 Bn 35.62 Bn
4 Cigna 72.05 Bn 64.43 Bn -44.29 Bn 54.10 Bn
5 Humana 39.05 Bn 17.15 Bn 4.00 Bn 33.71 Bn
6 Centene 30.50 Bn 6.84 Bn 49.24 Bn 702.00 Mn
7 Molina Healthcare 9.31 Bn 60.65 Mn 1.53 Bn 9.27 Bn
8 Oscar Health 6.86 Bn 63.05 Mn -3.22 Bn 3.23 Bn
9 Alignment Healthcare 2.69 Bn 1.96 Bn 135.85 Mn 1.09 Bn
10 Progyny 2.12 Bn 1.90 Bn 83.07 Mn 245.43 Mn

Historic Data

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DateValue
Mar 31, 2026 12.82 Bn
Mar 31, 2026 12.82 Bn
Dec 31, 2025 -181.30 Bn
Dec 31, 2025 -181.30 Bn
Sep 30, 2025 79.96 Bn
Sep 30, 2025 79.96 Bn
Jun 30, 2025 13.02 Bn
Jun 30, 2025 13.02 Bn
Mar 31, 2025 73.41 Bn
Mar 31, 2025 73.41 Bn
Dec 31, 2024 67.04 Bn
Dec 31, 2024 67.04 Bn
Sep 30, 2024 65.96 Bn
Sep 30, 2024 65.96 Bn
Jun 30, 2024 65.46 Bn
Jun 30, 2024 65.46 Bn
Mar 31, 2024 65.74 Bn
Mar 31, 2024 65.74 Bn
Dec 31, 2023 62.23 Bn
Dec 31, 2023 62.23 Bn
Sep 30, 2023 9.42 Bn
Sep 30, 2023 9.42 Bn
Jun 30, 2023 9.75 Bn
Jun 30, 2023 9.75 Bn
Mar 31, 2023 9.41 Bn
Mar 31, 2023 9.41 Bn
Dec 31, 2022 -123.55 Bn
Dec 31, 2022 -123.55 Bn
Sep 30, 2022 52.64 Bn
Sep 30, 2022 52.64 Bn
Jun 30, 2022 52.09 Bn
Jun 30, 2022 52.09 Bn
Mar 31, 2022 52.52 Bn
Mar 31, 2022 52.52 Bn
Dec 31, 2021 163.88 Bn
Dec 31, 2021 163.88 Bn
Sep 30, 2021 47.30 Bn
Sep 30, 2021 47.30 Bn
Jun 30, 2021 46.55 Bn
Jun 30, 2021 46.55 Bn
Mar 31, 2021 44.90 Bn
Mar 31, 2021 44.90 Bn
Dec 31, 2020 7.62 Bn
Dec 31, 2020 7.62 Bn
Sep 30, 2020 7.94 Bn
Sep 30, 2020 7.94 Bn
Jun 30, 2020 7.50 Bn
Jun 30, 2020 7.50 Bn
Mar 31, 2020 41.00 Bn
Mar 31, 2020 41.00 Bn
Dec 31, 2019 6.51 Bn
Dec 31, 2019 6.51 Bn
Sep 30, 2019 6.63 Bn
Sep 30, 2019 6.63 Bn
Jun 30, 2019 39.18 Bn
Jun 30, 2019 39.18 Bn
Mar 31, 2019 38.94 Bn
Mar 31, 2019 38.94 Bn
Dec 31, 2018 36.96 Bn
Dec 31, 2018 36.96 Bn
Sep 30, 2018 6.72 Bn
Sep 30, 2018 6.72 Bn
Jun 30, 2018 6.47 Bn
Jun 30, 2018 6.47 Bn
Mar 31, 2018 6.18 Bn
Mar 31, 2018 6.18 Bn
Dec 31, 2017 112.40 Bn
Dec 31, 2017 112.40 Bn
Sep 30, 2017 6.07 Bn
Sep 30, 2017 6.07 Bn
Jun 30, 2017 32.55 Bn
Jun 30, 2017 32.55 Bn
Mar 31, 2017 5.68 Bn
Mar 31, 2017 5.68 Bn
Dec 31, 2016 6.31 Bn
Dec 31, 2016 6.31 Bn
Sep 30, 2016 6.13 Bn
Sep 30, 2016 6.13 Bn
Jun 30, 2016 6.11 Bn
Jun 30, 2016 6.11 Bn
Mar 31, 2016 28.43 Bn
Mar 31, 2016 28.43 Bn
Dec 31, 2015 7.86 Bn
Dec 31, 2015 7.86 Bn
Sep 30, 2015 25.73 Bn
Sep 30, 2015 25.73 Bn
Jun 30, 2015 1.12 Bn
Jun 30, 2015 1.12 Bn
Mar 31, 2015 1.11 Bn
Mar 31, 2015 1.11 Bn
Dec 31, 2014 90.86 Bn
Dec 31, 2014 90.86 Bn
Sep 30, 2014 955.00 Mn
Sep 30, 2014 955.00 Mn
Jun 30, 2014 23.52 Bn
Jun 30, 2014 23.52 Bn
Mar 31, 2014 23.21 Bn
Mar 31, 2014 23.21 Bn
Dec 31, 2013 22.87 Bn
Dec 31, 2013 22.87 Bn
Sep 30, 2013 731.00 Mn
Sep 30, 2013 731.00 Mn
Jun 30, 2013 22.17 Bn
Jun 30, 2013 22.17 Bn
Mar 31, 2013 22.57 Bn
Mar 31, 2013 22.57 Bn
Dec 31, 2012 20.80 Bn
Dec 31, 2012 20.80 Bn
Sep 30, 2012 19.47 Bn
Sep 30, 2012 19.47 Bn
Jun 30, 2012 20.01 Bn
Jun 30, 2012 20.01 Bn
Mar 31, 2012 19.94 Bn
Mar 31, 2012 19.94 Bn
Dec 31, 2011 623.00 Mn
Dec 31, 2011 623.00 Mn
Sep 30, 2011 609.00 Mn
Sep 30, 2011 609.00 Mn
Jun 30, 2011 554.00 Mn
Jun 30, 2011 554.00 Mn
Mar 31, 2011 18.73 Bn
Mar 31, 2011 18.73 Bn
Dec 31, 2010 -49.47 Bn
Dec 31, 2010 -49.47 Bn
Sep 30, 2010 536.00 Mn
Sep 30, 2010 536.00 Mn
Jun 30, 2010 17.22 Bn
Jun 30, 2010 17.22 Bn
Mar 31, 2010 483.00 Mn
Mar 31, 2010 483.00 Mn
Dec 31, 2009 497.00 Mn
Dec 31, 2009 497.00 Mn
Sep 30, 2009 16.17 Bn
Sep 30, 2009 16.17 Bn
Jun 30, 2009 422.00 Mn
Jun 30, 2009 422.00 Mn
Mar 31, 2009 404.00 Mn
Mar 31, 2009 404.00 Mn