Filing Flows › UnitedHealth Group (UNH) › Q3 2026
UnitedHealth Group (UNH) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 3, 2026
UnitedHealth Group (UNH) reported revenue of $112.7B for the third quarter 2026 (Q3 2026), -0.4% from a year earlier and +0.6% from the quarter before. Operating margin was 5.8%, net earnings $4.1B (3.6% of revenue).
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.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $112.7B | +0.6% | -0.4% |
| Operating profit | $6.6B | -18% | +52% |
| Net earnings | $4.1B | -25% | +75% |
| Operating cash flow | $5.1B | -54% | -14% |
| Free cash flow | $4.3B | -58% | -16% |
What changed
Revenue was $112.7B in Q3 2026, roughly flat year over year and up 1% from the previous quarter.
Operating profit was $6.6B, a 5.8% margin (up 2.0 points year over year). Total costs fell 2% while revenue was flat. Net earnings were $4.1B, up 75% year over year. The effective tax rate was 22.2%.
Operating cash flow was $5.1B (down 14% year over year), 119% of net income including minority interests. Non-cash charges added back $1.1B of depreciation and amortization and $0.22B of share-based compensation. Working capital and other items used $0.47B. Capital expenditures of $0.86B left free cash flow of $4.3B.
Questions
What was UnitedHealth Group's revenue in the third quarter 2026?
UnitedHealth Group (UNH) reported revenue of $112.7B for the third quarter 2026 (Q3 2026), -0.4% from a year earlier and +0.6% from the quarter before.
Was UnitedHealth Group profitable in the third quarter 2026?
Operating profit was $6.6B (5.8% of revenue) and net earnings $4.1B.
Source: UnitedHealth Group 10-Q on SEC EDGAR.