Cost of revenue · 2016–2025

UnitedHealth Group cost of revenue

$50.7B+8.5% · FY2025

UnitedHealth Group (UNH) reported $50.7B in cost of revenue for fiscal 2025, +8.5% year on year.

$24.4B2016$24.1B2017$27.0B2018$28.1B2019$30.7B2020$31.0B2021$33.7B2022$38.8B2023$46.7B2024$50.7B2025
UnitedHealth Group — Cost of revenue, 2016–2025
Fiscal yearCost of revenueChangeFiling
FY20252025-12-31$50.7B+8.5%Open →
FY20242024-12-31$46.7B+20.4%Open →
FY20232023-12-31$38.8B+15.0%Open →
FY20222022-12-31$33.7B+8.6%Open →
FY20212021-12-31$31.0B+0.9%Open →
FY20202020-12-31$30.7B+9.3%Open →
FY20192019-12-31$28.1B+4.1%Open →
FY20182018-12-31$27.0B+12.0%Open →
FY20172017-12-31$24.1B−1.2%Open →
FY20162016-12-31$24.4B—Open →

Cost of revenue — Cost of revenue is the direct cost of producing what the company sold — materials, manufacturing and the labour tied to delivery. It excludes sales, marketing and administration. Revenue minus this figure is gross profit.

Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2016–2025 compound annual growth +8.4%

Cost of revenue at companies of similar size

Cite this page

Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=UnitedHealth Group cost of revenue |url=https://companiesranked.com/en/company/unitedhealth-group/cost-of-revenue |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). UnitedHealth Group cost of revenue. CompaniesRanked. https://companiesranked.com/en/company/unitedhealth-group/cost-of-revenue

BibTeX

@misc{companiesranked-en-company-unitedhealth-group-cost-of-revenue-2026,
  author       = {{CompaniesRanked}},
  title        = {{UnitedHealth Group cost of revenue}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/unitedhealth-group/cost-of-revenue}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

The filing itself

The numbers above are read from this document: 10-K · 0000731766-26-000062 · March 2, 2026

{{cite web |title=UnitedHealth Group cost of revenue — 10-K (0000731766-26-000062) |url=https://www.sec.gov/Archives/edgar/data/731766/000073176626000062/unh-20251231.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-03-02}}

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