๐ ๐๐๐ฌ๐ฎ๐ฅ๐ญ๐ฌ
โข Adjusted EPS: $6.38
โข EPS: $6.04
โข Revenue: $112.0B (+0.4% YoY)
โข Operating Earnings: $8.0B (+53.8% YoY)
โข Medical Care Ratio: 86.7% (vs. 89.4% YoY)
โข Operating Cash Flow: $11.1B
โ
๐ฏ ๐๐ฎ๐ข๐๐๐ง๐๐
โข FY2026 Adjusted EPS: $19.50โ$20.00, raised from above $17.75
โข FY2026 EPS: $18.45โ$18.95, raised from above $17.10
โข FY2026 Operating Earnings: Above $25.45B, raised from above $24.0B
โข FY2026 Operating Cash Flow: Approximately $24.0B, raised from above $18.0B
โข FY2026 Share Repurchases: At least $5.0B, raised from approximately $2.5B
โ
๐ ๐๐๐ฒ ๐๐๐ค๐๐๐ฐ๐๐ฒ๐ฌ
โข UnitedHealthcare operating earnings rose to $3.9B from $2.1B, while its margin expanded to 4.6%
โข Optum operating earnings increased to $4.0B, with operating margin expanding 160 bps to 6.2%
โข Favorable prior-period medical reserve development contributed $860M
โข Debt-to-capital improved to 41.2%, while $4.0B of shares had been repurchased through mid-July
โ
๐ฌ ๐๐๐ง๐๐ ๐๐ฆ๐๐ง๐ญ ๐๐จ๐ฆ๐ฆ๐๐ง๐ญ๐๐ซ๐ฒ
โOur results and outlook reflect the continuing progress in our work to simplify how we operate, improve affordability and the healthcare experience, and apply modern technology to create real improvement for people.โ
