UnitedHealth Group (UNH) Revenue — Quarter Ended Dec 31, 2025
Revenue remained unchanged from the prior quarter but grew strongly compared to the same quarter last year. The flat sequential performance marks a pause after several quarters of steady increases.
Key takeaway
Quarter ended Dec 31, 2025 · FY2025 Q4
Revenue remained unchanged from the prior quarter but grew strongly compared to the same quarter last year. The flat sequential performance marks a pause after several quarters of steady increases.
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
+0.0%
Change from the immediately preceding quarter.
Year-over-year
+12.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$447.6B
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 |
|---|---|---|
| Mar 31, 2025 | $109.6B | +9.8% |
| Jun 30, 2025 | $111.6B | +12.9% |
| Sep 30, 2025 | $113.2B | +12.2% |
| Dec 31, 2025 | $113.2B | +12.3% |
Revenue performance
Year-over-year revenue growth was robust, supported by broad business momentum. On a sequential basis, revenue was flat after a series of quarterly gains.
Quarterly comparison
Compared to the immediately preceding quarter, revenue was flat. Relative to the same quarter one year earlier, revenue increased significantly.
What to watch
The lack of sequential growth warrants attention, especially after sustained increases in earlier quarters.