UnitedHealth Group (UNH) Revenue — Quarter Ended Sep 30, 2025
Revenue increased sequentially and rose sharply compared with the same quarter a year earlier. The reported revenue direction was higher for the current quarter.
Key takeaway
Quarter ended Sep 30, 2025 · FY2025 Q3
Revenue increased sequentially and rose sharply compared with the same quarter a year earlier. The reported revenue direction was higher for the current quarter.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$113.2B
Revenue reported for this quarter.
Quarter-over-quarter
+1.4%
Change from the immediately preceding quarter.
Year-over-year
+12.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$435.2B
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 |
|---|---|---|
| Dec 31, 2024 | $100.8B | +6.8% |
| Mar 31, 2025 | $109.6B | +9.8% |
| Jun 30, 2025 | $111.6B | +12.9% |
| Sep 30, 2025 | $113.2B | +12.2% |
Revenue performance
The sequential gain was moderate, while the year-over-year increase remained strong.
Quarterly comparison
Revenue was higher than in the immediately prior quarter and also exceeded the level reported in the same quarter of the previous year.
What to watch
The sequential growth rate moderated compared with the prior quarter's trend.