Unitedhealth (UNH) Operating Expenses (2009 - 2026)

Unitedhealth (UNH) has reported Operating Expenses for 18 consecutive years, with $104.0 billion the latest figure, recorded in Q2 2026.

• On a quarterly basis, Operating Expenses fell 2.28% year-over-year to $104.0 billion in Q2 2026; TTM through Jun 2026 was $428.5 billion, a 9.28% increase from a year earlier, with the FY2025 full-year figure at $428.6 billion, up 16.47% from the prior year.
• Operating Expenses was $104.0 billion for Q2 2026 at Unitedhealth, up from $102.7 billion in the prior quarter.
• Over five years, Operating Expenses peaked at $112.8 billion in Q4 2025 and troughed at $73.2 billion in Q1 2022.
• A 5-year average of $91.0 billion and a median of $91.4 billion in 2024 frame the typical range for Operating Expenses.
• Across the five-year window, Operating Expenses grew 21.28% in 2025 and declined 2.28% in 2026, its largest moves.
• Over 5 years, Operating Expenses stood at $75.9 billion in 2022, then gained by 14.29% to $86.7 billion in 2023, then climbed by 7.26% to $93.0 billion in 2024, then advanced by 21.28% to $112.8 billion in 2025, then decreased by 7.79% to $104.0 billion in 2026.
• The last three Operating Expenses figures came in at $104.0 billion (Q2 2026), $102.7 billion (Q1 2026), and $112.8 billion (Q4 2025), per Business Quant data.