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% quarter-over-quarter from -$181.3 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 $12.8 billion in Q1 2026.

  • Cost of Revenue for Q1 2026 came in at $12.8 billion, down 82.53% year-over-year; the trailing twelve-month figure through Mar 2026 was -$75.5 billion (down 127.77% YoY), and the FY2025 annual result was $50.7 billion, down 80.83% from the prior year.
  • Cost of Revenue rose to $12.8 billion in Q1 2026 per UNH's latest filing, from -$181.3 billion in the prior quarter.
  • Over five years, Cost of Revenue peaked at $80.0 billion in Q3 2025 and troughed at -$181.3 billion in Q4 2025.
  • A 5-year average of $22.7 billion and a median of $52.5 billion in 2022 frame the typical range for Cost of Revenue.
  • The sharpest annual moves came in 2024 and 2025: Cost of Revenue surged 599.96% in 2024, then sank 370.45% in 2025.
  • A 5-year view of Cost of Revenue shows it stood at -$123.5 billion in 2022, then soared by 150.37% to $62.2 billion in 2023, then rose by 7.72% to $67.0 billion in 2024, then tumbled by 370.45% to -$181.3 billion in 2025, then soared by 107.07% to $12.8 billion in 2026.
  • Business Quant data shows UNH's Cost of Revenue at $12.8 billion in Q1 2026, -$181.3 billion in Q4 2025, and $80.0 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Unitedhealth 363.95 Bn 334.15 Bn 98.90 Bn 12.82 Bn
2 Cvs Health 124.98 Bn 113.36 Bn 4.43 Bn 29.36 Bn
3 Elevance Health 85.46 Bn 50.04 Bn 13.88 Bn 35.62 Bn
4 Cigna 73.39 Bn 65.77 Bn -44.29 Bn 54.10 Bn
5 Humana 43.40 Bn 21.50 Bn 4.00 Bn 33.71 Bn
6 Centene 30.02 Bn 6.36 Bn 49.24 Bn 702.00 Mn
7 Molina Healthcare 9.92 Bn 668.90 Mn 1.53 Bn 9.27 Bn
8 Oscar Health 8.44 Bn 1.64 Bn -3.22 Bn 3.23 Bn
9 Alignment Healthcare 4.50 Bn 3.77 Bn 135.85 Mn 1.09 Bn
10 Clover Health Investments 2.61 Bn 2.41 Bn 154.54 Mn 589.65 Mn

Historic Data

Download Data
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