Income Statement
Quarterly Data

The income statement presents information on the financial results of a company business activities over a period of time. The income statement communicates how much revenue the company generated during a period and what cost it incurred in connection with generating that revenue.

UnitedHealth Group Inc., consolidated income statement (quarterly data)

US$ in millions

3 months ended:	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Premiums	76,483)	77,442)	76,897)	77,988)	73,228)	72,339)	72,474)	72,786)	64,700)	64,491)	63,896)	64,070)	57,547)	56,967)	56,233)	55,486)	50,581)	50,863)	49,394)	50,640)
Products	13,475)	12,631)	12,211)	11,909)	11,311)	10,354)	10,651)	10,267)	9,398)	9,190)	9,496)	9,340)	8,961)	8,703)	8,433)	8,340)	8,690)	8,777)	8,247)	8,431)
Services	9,298)	9,104)	8,750)	8,888)	8,709)	8,671)	8,663)	8,080)	7,834)	6,700)	6,645)	6,372)	6,422)	6,164)	6,099)	5,918)	5,751)	5,124)	4,156)	4,985)
Revenues, customers	99,256)	99,177)	97,858)	98,785)	93,248)	91,364)	91,788)	91,133)	81,932)	80,381)	80,037)	79,782)	72,930)	71,834)	70,765)	69,744)	65,022)	64,764)	61,797)	64,056)
Medical costs	(67,035)	(65,957)	(65,458)	(65,735)	(62,231)	(59,550)	(60,268)	(59,845)	(53,591)	(52,635)	(52,093)	(52,523)	(48,159)	(47,302)	(46,546)	(44,904)	(42,082)	(41,636)	(34,678)	(41,000)
Cost of products sold	(12,464)	(11,834)	(11,340)	(11,056)	(10,194)	(9,423)	(9,748)	(9,405)	(8,314)	(8,306)	(8,596)	(8,487)	(8,000)	(7,802)	(7,660)	(7,572)	(7,622)	(7,935)	(7,501)	(7,687)
Cost of revenues	(79,499)	(77,791)	(76,798)	(76,791)	(72,425)	(68,973)	(70,016)	(69,250)	(61,905)	(60,941)	(60,689)	(61,010)	(56,159)	(55,104)	(54,206)	(52,476)	(49,704)	(49,571)	(42,179)	(48,687)
Gross profit	19,757)	21,386)	21,060)	21,994)	20,823)	22,391)	21,772)	21,883)	20,027)	19,440)	19,348)	18,772)	16,771)	16,730)	16,559)	17,268)	15,318)	15,193)	19,618)	15,369)
Investment and other income	1,551)	1,643)	997)	1,011)	1,179)	997)	1,115)	798)	855)	513)	295)	367)	813)	503)	556)	452)	445)	351)	341)	365)
Operating costs	(12,494)	(13,280)	(13,162)	(14,077)	(13,339)	(13,855)	(13,809)	(13,625)	(13,009)	(11,663)	(11,709)	(11,401)	(11,272)	(10,725)	(10,359)	(10,223)	(11,514)	(10,174)	(10,001)	(10,015)
Depreciation and amortization	(1,041)	(1,041)	(1,020)	(997)	(974)	(1,007)	(1,021)	(970)	(982)	(828)	(802)	(788)	(771)	(796)	(778)	(758)	(732)	(719)	(717)	(723)
Earnings from operations	7,773)	8,708)	7,875)	7,931)	7,689)	8,526)	8,057)	8,086)	6,891)	7,462)	7,132)	6,950)	5,541)	5,712)	5,978)	6,739)	3,517)	4,651)	9,241)	4,996)
Interest expense	(1,003)	(1,074)	(985)	(844)	(830)	(834)	(828)	(754)	(676)	(516)	(467)	(433)	(431)	(422)	(410)	(397)	(401)	(395)	(430)	(437)
Loss on sale of subsidiary and subsidiaries held for sale	21)	(20)	(1,225)	(7,086)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)
Earnings before income taxes	6,791)	7,614)	5,665)	1)	6,859)	7,692)	7,229)	7,332)	6,215)	6,946)	6,665)	6,517)	5,110)	5,290)	5,568)	6,342)	3,116)	4,256)	8,811)	4,559)
Provision for income taxes	(1,007)	(1,356)	(1,244)	(1,222)	(1,184)	(1,654)	(1,572)	(1,558)	(1,307)	(1,562)	(1,466)	(1,369)	(919)	(1,099)	(1,196)	(1,364)	(764)	(1,000)	(2,115)	(1,094)
Net earnings (loss)	5,784)	6,258)	4,421)	(1,221)	5,675)	6,038)	5,657)	5,774)	4,908)	5,384)	5,199)	5,148)	4,191)	4,191)	4,372)	4,978)	2,352)	3,256)	6,696)	3,465)
Earnings attributable to noncontrolling interests	(241)	(203)	(205)	(188)	(220)	(197)	(183)	(163)	(147)	(122)	(129)	(121)	(120)	(105)	(106)	(116)	(140)	(84)	(59)	(83)
Net earnings (loss) attributable to UnitedHealth Group common shareholders	5,543)	6,055)	4,216)	(1,409)	5,455)	5,841)	5,474)	5,611)	4,761)	5,262)	5,070)	5,027)	4,071)	4,086)	4,266)	4,862)	2,212)	3,172)	6,637)	3,382)

Download chart

Income statement item	Description	The company
Revenues, customers	Amount, including tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value-added and excise.	UnitedHealth Group Inc. revenues, customers increased from Q2 2024 to Q3 2024 and from Q3 2024 to Q4 2024.
Earnings from operations	The net result for the period of deducting operating expenses from operating revenues.	UnitedHealth Group Inc. earnings from operations increased from Q2 2024 to Q3 2024 but then decreased significantly from Q3 2024 to Q4 2024.
Earnings before income taxes	Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest.	UnitedHealth Group Inc. earnings before income taxes increased from Q2 2024 to Q3 2024 but then slightly decreased from Q3 2024 to Q4 2024.
Net earnings (loss) attributable to UnitedHealth Group common shareholders	The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.	UnitedHealth Group Inc. net earnings (loss) attributable to UnitedHealth Group common shareholders increased from Q2 2024 to Q3 2024 but then slightly decreased from Q3 2024 to Q4 2024.

UnitedHealth Group Inc. (NYSE:UNH)

Income Statement Quarterly Data

Income Statement
Quarterly Data