Unitedhealth (UNH) Operating Income (2009 - 2026)
Unitedhealth's (UNH) quarterly Operating Income came in at $9.0 billion in Q1 2026, down 1.41% year-on-year from $9.1 billion in Q1 2025, and up 2265.79% on a QoQ basis from $380.0 million in Q4 2025.
Unitedhealth (UNH) Operating Income (2009 - 2026) Analysis & Trends
Unitedhealth (UNH) has 18 years of Operating Income data on file, last reported at $9.0 billion in Q1 2026.
- On a quarterly basis, Operating Income fell 1.41% year-over-year to $9.0 billion in Q1 2026; TTM through Mar 2026 was $18.8 billion, a 43.73% decrease from a year earlier, with the FY2025 full-year figure at $19.0 billion, down 41.26% from the prior year.
- Operating Income for Q1 2026 stood at $9.0 billion, up from $380.0 million in the prior quarter.
- Over the last five years, Operating Income for UNH reached as high as $9.1 billion in Q1 2025 and fell as low as $380.0 million in Q4 2025.
- Historically, Operating Income has averaged $7.1 billion across 5 years, with a median of $7.8 billion in 2024.
- Across the five-year window, Operating Income jumped 30.64% in 2022 and slumped 95.11% in 2025, its largest moves.
- Year by year, Operating Income stood at $6.9 billion in 2022, then increased by 11.58% to $7.7 billion in 2023, then rose by 1.09% to $7.8 billion in 2024, then slumped by 95.11% to $380.0 million in 2025, then jumped by 2265.79% to $9.0 billion in 2026.
- Per Business Quant data, the three most recent Operating Income figures were $9.0 billion in Q1 2026, $380.0 million in Q4 2025, and $4.3 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 384.70 Bn | 354.90 Bn | 38.23 Bn | 8.99 Bn |
| 2 | Cvs Health | 136.05 Bn | 124.42 Bn | 22.85 Bn | 4.68 Bn |
| 3 | Elevance Health | 82.25 Bn | 46.44 Bn | 35.79 Bn | 704.00 Mn |
| 4 | Cigna | 75.16 Bn | 67.54 Bn | -44.29 Bn | 202.00 Mn |
| 5 | Humana | 47.47 Bn | 25.57 Bn | 5.94 Bn | 1.75 Bn |
| 6 | Centene | 31.35 Bn | 7.64 Bn | 43.95 Bn | 1.86 Bn |
| 7 | Molina Healthcare | 10.44 Bn | 1.19 Bn | 1.43 Bn | 145.00 Mn |
| 8 | Oscar Health | 8.62 Bn | 1.83 Bn | 1.42 Bn | 60.61 Mn |
| 9 | Alignment Healthcare | 4.13 Bn | 3.41 Bn | 144.48 Mn | 15.50 Mn |
| 10 | Progyny | 2.48 Bn | 2.26 Bn | 83.07 Mn | 35.38 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 8.99 Bn |
| Dec 31, 2025 | 380.00 Mn |
| Sep 30, 2025 | 4.32 Bn |
| Jun 30, 2025 | 5.15 Bn |
| Mar 31, 2025 | 9.12 Bn |
| Dec 31, 2024 | 7.77 Bn |
| Sep 30, 2024 | 8.71 Bn |
| Jun 30, 2024 | 7.88 Bn |
| Mar 31, 2024 | 7.93 Bn |
| Dec 31, 2023 | 7.69 Bn |
| Sep 30, 2023 | 8.53 Bn |
| Jun 30, 2023 | 8.06 Bn |
| Mar 31, 2023 | 8.09 Bn |
| Dec 31, 2022 | 6.89 Bn |
| Sep 30, 2022 | 7.46 Bn |
| Jun 30, 2022 | 7.13 Bn |
| Mar 31, 2022 | 6.95 Bn |
| Dec 31, 2021 | 5.54 Bn |
| Sep 30, 2021 | 5.71 Bn |
| Jun 30, 2021 | 5.98 Bn |