Filing Flows › UnitedHealth Group (UNH) › Q3 2026 › vs Q2 2026
UnitedHealth Group (UNH) Q3 2026 vs Q2 2026 (quarter over quarter)
UnitedHealth Group's revenue rose $662M (+0.6%) from $112.0B in Q2 2026 to $112.7B in Q3 2026. Operating margin 5.8% against 7.1% (-1.3 pts).
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 draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 5.8% | 7.1% | -1.3 pts |
| Net margin | 3.6% | 4.9% | -1.2 pts |
| Free cash flow margin | 3.8% | 9.2% | -5.4 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $112.7B | $112.0B | $662M | +0.6% |
| Operating profit | $6.6B | $8.0B | −$1.4B | -18% |
| Costs & expenses | $106.1B | $104.0B | $2.1B | +2% |
| Pre-tax earnings | $5.5B | $7.0B | −$1.4B | -21% |
| Other expense, net | $1.0B | $1.0B | $16.0M | +2% |
| Cost of revenue | $13.7B | $13.4B | $332M | +2% |
| SG&A | $14.4B | $14.3B | $101M | +0.7% |
| Other operating costs | $78.1B | $76.4B | $1.7B | +2% |
| Net earnings | $4.1B | $5.5B | −$1.4B | -25% |
| Minority interests | $190M | $186M | $4.0M | +2% |
| Income tax | $1.2B | $1.3B | −$74.0M | -6% |
| Depreciation & amortization | $1.1B | $1.0B | $33.0M | +3% |
| Share-based compensation | $219M | $276M | −$57.0M | -21% |
| Working capital & other | $279M | −$4.3B | $4.5B | — |
| Operating cash flow | $5.1B | $11.1B | −$5.9B | -54% |
| Free cash flow (OCF − capex) | $4.3B | $10.3B | −$6.0B | -58% |
| Capital expenditures | $859M | $799M | $60.0M | +8% |
Questions
How much did UnitedHealth Group's revenue grow quarter over quarter in Q3 2026?
UnitedHealth Group's revenue rose $662M (+0.6%) from $112.0B in Q2 2026 to $112.7B in Q3 2026. Operating margin 5.8% against 7.1% (-1.3 pts).