UnitedHealth Group (UNH) Revenue — Quarter Ended Jun 30, 2024
Revenue for the quarter decreased slightly from the prior quarter but increased compared to the same quarter last year. The sequential decline follows a period of strong growth in the preceding quarter.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue for the quarter decreased slightly from the prior quarter but increased compared to the same quarter last year. The sequential decline follows a period of strong growth in the preceding quarter.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$98.9B
Revenue reported for this quarter.
Quarter-over-quarter
-0.9%
Change from the immediately preceding quarter.
Year-over-year
+6.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$385.4B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 30, 2023 | $92.4B | +14.2% |
| Dec 31, 2023 | $94.4B | +14.1% |
| Mar 31, 2024 | $99.8B | +8.6% |
| Jun 30, 2024 | $98.9B | +6.4% |
Revenue performance
Revenue declined modestly from the immediately preceding quarter, reflecting a reversal of the prior quarter's robust growth. The year-over-year comparison shows a solid increase, maintaining an upward trend over the longer term.
Quarterly comparison
Compared to the prior quarter, revenue was lower, while compared to the same quarter one year earlier, revenue was higher. The sequential decline contrasts with the year-over-year gain, indicating a mixed short-term performance.
What to watch
Monitor whether the sequential revenue decline continues in the next quarter or if growth resumes.