Form 10-Q · Quarterly report
Humana 10-Q, filed Jul 29, 2026
- Filed
- CIK
- 0000049071
- Accession no.
- 0000049071-26-000050
Summary
Humana reported second-quarter 2026 net income attributable to the company of $694 million, or $5.73 per diluted share, up from $545 million, or $4.51 per diluted share, a year earlier, and first-half 2026 net income of $1.9 billion versus $1.8 billion. The company also disclosed that it acquired Florida-based primary care platform MaxHealth on February 13, 2026 for about $908 million in cash and recorded $56 million of second-quarter charges tied to a multi-year cost-reduction and transformation program.
Key points
- The MaxHealth acquisition was allocated to approximately $800 million of goodwill, $71 million of other intangible assets and $59 million of net tangible assets, with the purchase price allocation still preliminary.
- Value creation and transformation charges were $56 million for the quarter and $154 million for the six months ended June 30, 2026, versus $29 million and $53 million a year earlier, primarily for severance, asset impairments and external consulting.
- Impairment charges of $21 million on minority-interest investments were recorded in the 2026 periods, compared with $32 million on indefinite-lived intangible assets in the 2025 periods.
- At June 30, 2026, about 4,118,700 members, or 64% of individual Medicare Advantage members, were in value-based relationships, versus 3,542,300 members, or 68%, a year earlier.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
ITEM 2. MANAGEMENT’S DISCUSSION Executive Overview General Humana Inc., headquartered in Louisville, Kentucky, is a leading U.S. healthcare company. Through our Humana insurance services and our CenterWell healthcare services, we make it easier for the millions of people we serve to achieve their best health – delivering the care and service they need, when they need it. These efforts are leading to a better quality of life for people with Medicare and Medicaid, families, individuals, military service personnel, and communities at large. Our industry relies on two key statistics to measure performance. …
An excerpt of the text as filed with the SEC, cut for length.
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