UnitedHealth Group Incorporated (UNH)

UnitedHealth Group beat expectations on both revenue and adjusted EPS in the second fiscal quarter of 2026, reported July 16, 2026, based on preliminary results, as revenue came in at about $112.0 billion versus roughly $110.8 billion consensus, about +1.1%, and adjusted EPS reached $6.38 against a $4.94 estimate, about +29.1%. Revenue rose 0.4% to about $112.0 billion from about $111.6 billion a year ago, while operating margin was roughly 7% and gross margin near 33%; operating income was about $8.0 billion. Net income climbed 61.0% to about $5.5 billion from $3.4 billion, and adjusted EPS was up 56.4% from $4.08 a year earlier. The company generated operating cash flow of about $11.1 billion, repurchased about $1.7 billion of stock, and paid about $2.1 billion in dividends. For the next period, consensus calls for EPS of $4.06 on revenue of $111.32 billion.