Filing Flows

Filing Flows › UnitedHealth Group (UNH) › Operating margin

UnitedHealth Group (UNH) operating margin by quarter

UnitedHealth Group's operating margin was 5.8% in Q3 2026 (third quarter 2026), -1.3 pts from Q2 2026. Over the last 6 quarters it ranged from 3.8% (Q3 2025) to 8.3% (Q1 2025).

UnitedHealth Group operating margin by quarterUnitedHealth Group operating margin by quarter8.3%Q1 20254.6%Q2 20253.8%Q3 20258.0%Q1 20267.1%Q2 20265.8%Q3 2026
QuarterOperating marginQ/QY/Y
Q3 20265.8%-1.3 pts+2.0 pts
Q2 20267.1%-0.9 pts+2.5 pts
Q1 20268.0%+4.2 pts-0.3 pts
Q3 20253.8%-0.8 pts—
Q2 20254.6%-3.7 pts—
Q1 20258.3%——

Q3 2026 at a glance

UnitedHealth Group, Q3 2026: revenue $112.7B (-0.4% year over year), operating margin 5.8%, net earnings $4.1B, operating cash flow $5.1B. The chart follows the revenue to costs, profit and cash.

Questions

What is UnitedHealth Group's operating margin?

UnitedHealth Group's operating margin was 5.8% in Q3 2026 (third quarter 2026), -1.3 pts from Q2 2026.

How has UnitedHealth Group's operating margin changed?

Over the last 6 quarters it ranged from 3.8% (Q3 2025) to 8.3% (Q1 2025).

Q3 2026 results → · How UnitedHealth Group makes money →