Filing Flows › Humana (HUM) › Q3 2026 › vs Q3 2025
Humana (HUM) Q3 2026 vs Q3 2025 (year over year)
Humana's revenue rose $8.5B (+26%) from $32.6B in Q3 2025 to $41.2B in Q3 2026. Operating margin 0.2% against 1.2% (-1.0 pts).
Humana, Q3 2026: revenue $41.2B (+26% year over year), operating margin 0.2%, net earnings $161M, operating cash flow $2.2B. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 0.2% | 1.2% | -1.0 pts |
| Net margin | 0.4% | 0.6% | -0.2 pts |
| Free cash flow margin | 4.9% | 2.6% | +2.4 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $41.2B | $32.6B | $8.5B | +26% |
| Other income, net | $126M | −$292M | $418M | — |
| Operating profit | $75.0M | $400M | −$325M | -81% |
| Costs & expenses | $41.1B | $32.2B | $8.8B | +27% |
| Pre-tax earnings | $201M | $108M | $93.0M | +86% |
| SG&A | $4.6B | $4.1B | $513M | +13% |
| Other operating costs | $36.5B | $28.2B | $8.3B | +30% |
| Net earnings | $161M | $194M | −$33.0M | -17% |
| Income tax | $40.0M | −$86.0M | $126M | — |
| Depreciation & amortization | $158M | $173M | −$15.0M | -9% |
| Share-based compensation | $67.0M | $83.0M | −$16.0M | -19% |
| Working capital & other | $1.8B | $521M | $1.3B | +241% |
| Operating cash flow | $2.2B | $971M | $1.2B | +123% |
| Free cash flow (OCF − capex) | $2.0B | $836M | $1.2B | +142% |
| Capital expenditures | $137M | $135M | $2.0M | +1% |
Questions
How much did Humana's revenue grow year over year in Q3 2026?
Humana's revenue rose $8.5B (+26%) from $32.6B in Q3 2025 to $41.2B in Q3 2026. Operating margin 0.2% against 1.2% (-1.0 pts).