U.S. COMPANY FILING
UNITEDHEALTH GROUP INC — Form 10-K filed 2026-03-02
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UnitedHealth Group's 2025 revenues grew 12% to $447.6B, but operating earnings fell 41% to $19.0B due to elevated medical cost trend, restructuring actions, and comparison to 2024 portfolio gains. Diluted EPS was $13.23. Operating cash flow was $19.7B. The company took restructuring actions with a $2.5B impact, including real estate rationalization and loss reserves. Quarterly dividend increased to $8.84 annual rate.
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