UnitedHealth reports $112 billion second quarter revenue
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- UnitedHealth Group generated $112 billion in consolidated revenues and $8 billion in operations earnings during the second quarter.
- The company increased its full-year 2026 adjusted earnings guidance to a range of $19.50 to $20 per share.
- The business stated that its updated outlook reflects year-to-date performance and targeted investments in modern technology.
UnitedHealth Group (NYSE:UNH) reported second-quarter 2026 consolidated revenues of $112 billion and earnings from operations of $8 billion.
The company recorded an operating cost ratio of 12.7 percent for the quarter, representing an increase from the 12.3 percent ratio reported in the second quarter of 2025.
"Our results and outlook reflect the continuing progress in our work to simplify how we operate," said UnitedHealth Group Chief Executive Officer Stephen Hemsley.
The healthcare business reported second-quarter cash flows from operations of $11.1 billion alongside a debt-to-capital ratio of 41.2 percent as of June 30.
The company expects full-year adjusted net earnings to range between $19.50 and $20 per share.
The business stated that its second-quarter medical cost ratio of 86.7 percent was achieved through strict cost and pricing discipline across all benefit offerings.
Management attributed the year-over-year increase in its operating cost ratio to targeted corporate investments in technology, operations, and community programs.
