Unitedhealth UNH
NYSE UNH
$390.11 +5.26 (+1.37%)
At close: Aug 21, 2026 · 4:00 PM EDT

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

Unitedhealth (UNH) posted quarterly Cost of Revenue of $73.5 billion for Q1 2026, little changed year-over-year from $73.4 billion in Q1 2025, and down 10.42% quarter-over-quarter from $82.0 billion in Q4 2025.

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

Unitedhealth (UNH) has reported Cost of Revenue for 18 consecutive years, with $73.5 billion the latest figure, recorded in Q1 2026.

  • In Q1 2026, Cost of Revenue changed 0.11% year-over-year to $73.5 billion; the TTM figure through Mar 2026 stood at $181.1 billion (up 233.12% YoY), while the FY2025 annual figure was $314.0 billion, up 572.45% from the prior year.
  • Cost of Revenue retreated to $73.5 billion in Q1 2026 per UNH's latest filing, from $82.0 billion in the prior quarter.
  • Across five years, Cost of Revenue topped out at $213.3 billion in Q4 2023 and bottomed at -$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.
  • Annual changes were most pronounced in 2023 — Cost of Revenue surged 2465.77% — and 2024, when it slumped 170.53%.
  • Unitedhealth's Cost of Revenue stood at $8.3 billion in 2022, then soared by 2465.77% to $213.3 billion in 2023, then plunged by 170.53% to -$150.5 billion in 2024, then soared by 154.53% to $82.0 billion in 2025, then declined by 10.42% to $73.5 billion in 2026.
  • Business Quant data shows UNH's Cost of Revenue at $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 352.16 Bn 320.69 Bn 36.67 Bn 75.36 Bn
2 Cvs Health 118.83 Bn 104.87 Bn 47.23 Bn 58.86 Bn
3 Elevance Health 86.85 Bn 50.89 Bn 13.45 Bn 37.02 Bn
4 Humana 45.59 Bn 21.72 Bn 5.50 Bn 35.37 Bn
5 Centene 31.97 Bn 4.92 Bn 14.55 Bn 39.03 Bn
6 Molina Healthcare 10.21 Bn 1.30 Bn 1.43 Bn 9.44 Bn
7 Oscar Health 9.60 Bn 1.05 Bn 1.09 Bn 3.79 Bn
8 Alignment Healthcare 2.72 Bn 2.02 Bn 180.96 Mn 1.15 Bn
9 Clover Health Investments 2.17 Bn 1.93 Bn 153.00 Mn 590.17 Mn
10 Progyny 2.01 Bn 1.77 Bn 89.30 Mn 261.21 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 75.36 Bn
Jun 30, 2026 75.36 Bn
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