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Universal Health Services (UHS) operating margin by quarter

Universal Health Services' operating margin was 9.6% in Q3 2026 (third quarter 2026), -1.5 pts from Q2 2026. Over the last 7 quarters it ranged from 9.6% (Q3 2026) to 11.7% (Q2 2025).

Universal Health Services operating margin by quarterUniversal Health Services operating margin by quarter11.1%Q1 202511.7%Q2 202511.6%Q3 202511.5%Q4 202511.2%Q1 202611.1%Q2 20269.6%Q3 2026
QuarterOperating marginQ/QY/Y
Q3 20269.6%-1.5 pts-2.0 pts
Q2 202611.1%-0.0 pts-0.5 pts
Q1 202611.2%-0.3 pts+0.1 pts
Q4 202511.5%-0.1 pts—
Q3 202511.6%-0.1 pts—
Q2 202511.7%+0.6 pts—
Q1 202511.1%——

Q3 2026 at a glance

Universal Health Services, Q3 2026: revenue $4.7B (+5% year over year), operating margin 9.6%, net earnings $309M, operating cash flow $637M. The chart follows the revenue to costs, profit and cash.

Questions

What is Universal Health Services' operating margin?

Universal Health Services' operating margin was 9.6% in Q3 2026 (third quarter 2026), -1.5 pts from Q2 2026.

How has Universal Health Services' operating margin changed?

Over the last 7 quarters it ranged from 9.6% (Q3 2026) to 11.7% (Q2 2025).

Q3 2026 results → · How Universal Health Services makes money →