Unitedhealth (UNH) Operating Income (2009 - 2026)
Unitedhealth (UNH) posted quarterly Operating Income of $9.0 billion for Q1 2026, down 1.41% year-over-year from $9.1 billion in Q1 2025, and up 2265.79% quarter-over-quarter from $380.0 million in Q4 2025.
Unitedhealth (UNH) Operating Income (2009 - 2026) Analysis & Trends
Unitedhealth (UNH) has reported Operating Income for 18 consecutive years, with $9.0 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Income fell 1.41% year-over-year to $9.0 billion; the TTM figure through Mar 2026 stood at $18.8 billion (down 43.73% YoY), while the FY2025 annual figure was $19.0 billion, down 41.26% from the prior year.
- Operating Income improved to $9.0 billion in Q1 2026 per UNH's latest filing, from $380.0 million in the prior quarter.
- Across five years, Operating Income topped out at $9.1 billion in Q1 2025 and bottomed at $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.
- Annual changes were most pronounced in 2022 — Operating Income soared 30.64% — and 2025, when it plunged 95.11%.
- Unitedhealth's Operating Income stood at $6.9 billion in 2022, then climbed by 11.58% to $7.7 billion in 2023, then grew by 1.09% to $7.8 billion in 2024, then slumped by 95.11% to $380.0 million in 2025, then surged by 2265.79% to $9.0 billion in 2026.
- Business Quant data shows UNH's Operating Income at $9.0 billion in Q1 2026, $380.0 million in Q4 2025, and $4.3 billion in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 352.16 Bn | 320.69 Bn | 36.67 Bn | 7.99 Bn |
| 2 | Cvs Health | 118.83 Bn | 104.87 Bn | 47.23 Bn | 4.70 Bn |
| 3 | Elevance Health | 86.85 Bn | 50.89 Bn | 13.45 Bn | 704.00 Mn |
| 4 | Humana | 45.59 Bn | 21.72 Bn | 5.50 Bn | 1.36 Bn |
| 5 | Centene | 31.97 Bn | 4.92 Bn | 14.55 Bn | 1.20 Bn |
| 6 | Molina Healthcare | 10.21 Bn | 1.30 Bn | 1.43 Bn | 145.00 Mn |
| 7 | Oscar Health | 9.60 Bn | 1.05 Bn | 1.09 Bn | 388.64 Mn |
| 8 | Alignment Healthcare | 2.72 Bn | 2.02 Bn | 180.96 Mn | 42.10 Mn |
| 9 | Clover Health Investments | 2.17 Bn | 1.93 Bn | 153.00 Mn | 28.00 Mn |
| 10 | Progyny | 2.01 Bn | 1.77 Bn | 89.30 Mn | 40.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 7.99 Bn |
| 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 |