UnitedHealth Group Inc

Company facts

Industry

Hospital & Medical Service Plans

Headquarters

Eden Prairie, Minnesota

Most recent report

8-K, filed Sep 8, 2026

Incorporated

Delaware

Filings on record

1,009+ filings

On EDGAR

CIK 731766

Fiscal year ends

December

Filer status

Large accelerated filer

What to read: Jun 2026 10-Q

SECSift found 2 of 11 sections worth reading, with 4 positive, 4 notable, and 4 negative flags.

• Financial Statements (Item 1)

  Core financials with key earnings, cash flow, segment results, and risk items.
  Positive

  • Quarterly dividend raised to $2.32/share ($9.28 annual) from $2.21 ($8.84), a 5% increase.
  Notable

  • No commercial paper outstanding at June 30, 2026, vs $3.4B at March 31 – debt reduced.
  • Forward repurchase contracts for $2.0B: 6.4M shares at avg $312.73; settled July 1, 2026.
  • Agreed to acquire a health care company for $3.0B; closed $1.5B post-period, $1.5B payable within 1 year.
  Negative

  • DOJ opposed Special Master's summary judgment recommendation in risk-adjustment False Claims Act suit.
  • IRS NOPAs for 2017-2020 transfer pricing seek 'significantly increase taxable income'; company will contest.

• Management's Discussion (Item 2)

  Contains operating results, member counts, medical cost trends, cash flows, and capital actions.
  Positive

  • Operating earnings $8.0B vs $5.2B, up 55% from improved medical costs and pricing.
  • Diluted EPS of $6.04, up from $3.74 in Q2 2025.
  • Cash from operations $20.0B for the first half, up from $12.6B a year earlier.
  Notable

  • Consolidated revenues flat; UnitedHealthcare flat, Optum down 2% as membership contraction offset pricing.
  Negative

  • UnitedHealthcare served 1.6M fewer people, mainly in Medicare Advantage, Medicaid, and risk-based commercial.
  • Medical cost trend remains above historical levels, pressured by the No Surprises Act and provider billing.

What changed: Jun 2026 vs. Mar 2026

About 7% of UNH's Jun 2026 10-Q is new information. 12 paragraphs were added, 71 changed, and 13 removed. Below are the most important lines SECSift identified.

• Item 2 38
• Item 1 21
• Item 6 3
• Item 4 2
• Item 3 1
• Item 5 1