FINHUB Insights

UNH · Q1 FY26 · Jan 1 – Mar 31, 2026

UnitedHealth Q1 FY26: where the revenue came from and where it went

UnitedHealth Q1 FY26: revenue $111.7B (+2% year over year). Net profit $6.3B. The whole income statement as a sankey diagram from the SEC filing.

Period
Jan 1 – Mar 31, 2026
Reported
May 5, 2026 10-Q
Sankey diagram of UnitedHealth's income statement for Q1 FY26: revenue of $111.7 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$111.7B +2% year over year
Gross profit$98.9B 89% margin
Operating profit$9.0B 8% margin
Net profit$6.3B 6% margin

The numbers

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Mar 31, 2026).
ItemValueShare of revenueYear over year
Revenue 111.7 100% +2%
Cost of revenue−12.811%
Gross profit98.989% margin+0pp
SG&A−15.414%+1pp
Other−74.567%+0pp
Operating profit9.08% margin+0pp
Tax−1.5
Interest & other costs−1.2
Net profit6.36%+0pp
Filing on EDGAR More quarters of UNH

Source of the numbers: tables in the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.