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

Unitedhealth's (UNH) quarterly Cost of Revenue came in at $73.5 billion in Q1 2026, little changed year-on-year from $73.4 billion in Q1 2025, and down 10.42% on a QoQ basis from $82.0 billion in Q4 2025.

Unitedhealth (UNH) Cost of Revenue (2009 - 2026) Analysis & Trends

Unitedhealth (UNH) has 18 years of Cost of Revenue data on file, last reported at $73.5 billion in Q1 2026.

  • On a quarterly basis, Cost of Revenue changed 0.11% year-over-year to $73.5 billion in Q1 2026; TTM through Mar 2026 was $181.1 billion, a 233.12% increase from a year earlier, with the FY2025 full-year figure at $314.0 billion, up 572.45% from the prior year.
  • Cost of Revenue for Q1 2026 stood at $73.5 billion, down from $82.0 billion in the prior quarter.
  • Over the last five years, Cost of Revenue for UNH reached as high as $213.3 billion in Q4 2023 and fell as low as -$150.5 billion in Q4 2024.
  • Historically, Cost of Revenue has averaged $33.7 billion across 5 years, with a median of $12.6 billion in 2025.
  • Across the five-year window, Cost of Revenue soared 2465.77% in 2023 and plunged 170.53% in 2024, its largest moves.
  • Year by year, Cost of Revenue stood at $8.3 billion in 2022, then surged by 2465.77% to $213.3 billion in 2023, then plunged by 170.53% to -$150.5 billion in 2024, then surged by 154.53% to $82.0 billion in 2025, then retreated by 10.42% to $73.5 billion in 2026.
  • Per Business Quant data, the three most recent Cost of Revenue figures were $73.5 billion in Q1 2026, $82.0 billion in Q4 2025, and $12.6 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Unitedhealth 378.05 Bn 346.83 Bn 38.23 Bn 73.49 Bn
2 Cvs Health 136.47 Bn 124.66 Bn 22.85 Bn 10.94 Bn
3 Elevance Health 81.93 Bn 45.98 Bn 35.79 Bn 5.49 Bn
4 Cigna 76.59 Bn 68.73 Bn -44.29 Bn 54.10 Bn
5 Humana 45.95 Bn 23.98 Bn 5.94 Bn 33.71 Bn
6 Centene 31.19 Bn 7.45 Bn 43.95 Bn 702.00 Mn
7 Molina Healthcare 10.26 Bn 1.34 Bn 1.43 Bn 9.44 Bn
8 Oscar Health 8.47 Bn 1.67 Bn 1.42 Bn 3.23 Bn
9 Alignment Healthcare 3.84 Bn 3.11 Bn 144.48 Mn 1.09 Bn
10 Progyny 2.56 Bn 2.34 Bn 83.07 Mn 245.43 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 73.49 Bn
Mar 31, 2026 73.49 Bn
Dec 31, 2025 82.04 Bn
Dec 31, 2025 82.04 Bn
Sep 30, 2025 12.57 Bn
Sep 30, 2025 12.57 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 -150.46 Bn
Dec 31, 2024 -150.46 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 11.06 Bn
Mar 31, 2024 11.06 Bn
Dec 31, 2023 213.32 Bn
Dec 31, 2023 213.32 Bn