Form 10-Q · Quarterly report
UnitedHealth Group 10-Q, filed Nov 3, 2026
- Filed
- CIK
- 0000731766
- Accession no.
- 0000731766-26-000266
Summary
UnitedHealth Group reported third-quarter 2026 diluted earnings per common share of $4.56 and earnings from operations of $6.6 billion, up from $4.3 billion a year earlier, as consolidated revenues were roughly flat and UnitedHealthcare served 1.8 million fewer people following benefit design and pricing actions, reduced Medicaid eligibility and an exit from one state. The company said Medicare Advantage funding pressures and elevated medical cost trends drove benefit and pricing actions and membership contraction, and that it has pledged to rebate 2026 profits on its individual exchange products to customers.
Key points
- Third-quarter 2026 consolidated revenues were $112.7 billion, essentially flat year over year, with UnitedHealthcare and Optum revenues down 1% and 3% respectively.
- UnitedHealthcare served 1.8 million fewer people, which UnitedHealth attributed to benefit design and pricing actions, reduced Medicaid eligibility and an exit from one state.
- Cash flows from operations for the nine months ended September 30, 2026 were $25.1 billion.
- UnitedHealth recorded $415 million of net gains from portfolio divestiture actions in the first nine months of 2026 and made a $400 million contribution to the United Health Foundation funded by the disposition of an Optum Insight business.
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 UnitedHealth Group is a health care and well-being company with a mission to help people live healthier lives and help make the health system work better for everyone. Our two distinct, yet complementary businesses — Optum and UnitedHealthcare — are working to help build a modern, high-performing health system through improved access, affordability, outcomes and experiences for the individuals and organizations we are privileged to serve. We have four reportable segments: •Optum Health; •Optum Insight; •Optum Rx; …
An excerpt of the text as filed with the SEC, cut for length.
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