Unitedhealth (UNH) Operating Expenses (2009 - 2026)

Unitedhealth (UNH) has 18 years of Operating Expenses data on file, last reported at $102.7 billion in Q1 2026.

• Quarterly Operating Expenses rose 2.26% year-over-year to $102.7 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $430.9 billion (up 14.42% YoY) and the FY2025 annual result came in at $428.6 billion, up 16.47% from the prior year.
• Operating Expenses eased to $102.7 billion in Q1 2026 per UNH's latest filing, from $112.8 billion in the prior quarter.
• Across five years, Operating Expenses topped out at $112.8 billion in Q4 2025 and bottomed at $73.2 billion in Q1 2022.
• The 5-year median for Operating Expenses is $91.0 billion (2024), against an average of $90.3 billion.
• The widest annual swing landed in 2025, when Operating Expenses climbed 21.28%; it then increased 2.26% in 2026.
• Tracing UNH's Operating Expenses over 5 years: stood at $75.9 billion in 2022, then rose by 14.29% to $86.7 billion in 2023, then advanced by 7.26% to $93.0 billion in 2024, then gained by 21.28% to $112.8 billion in 2025, then dropped by 8.95% to $102.7 billion in 2026.
• Per Business Quant, the three latest UNH Operating Expenses figures stand at $102.7 billion (Q1 2026), $112.8 billion (Q4 2025), and $108.8 billion (Q3 2025).

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