XML 26 R16.htm IDEA: XBRL DOCUMENT v3.25.3
Segment Financial Information (Notes)
 9 Months Ended
Sep. 30, 2025
Segment Reporting [Abstract]  
Segment Reporting Disclosure Segment Financial Information
The Company’s four reportable segments are UnitedHealthcare, Optum Health, Optum Insight and Optum Rx. For more information on the Company’s segments, see Part I, Item I, “Business” and Note 14 of Notes to the Consolidated Financial Statements included in Part II, Item 8, “Financial Statements and Supplementary Data” in the 2024 10-K.
The following tables present reportable segment financial information:
  Optum  
(in millions)UnitedHealthcareOptum HealthOptum InsightOptum RxOptum EliminationsOptumCorporate and
Eliminations		Consolidated
Three Months Ended September 30, 2025
Revenues - unaffiliated customers:
Premiums$83,924 $5,055 $— $— $— $5,055 $— $88,979 
Products— 61 45 13,190 — 13,296 — 13,296 
Services2,578 4,394 1,539 1,243 — 7,176 — 9,754 
Total revenues - unaffiliated customers
86,502 9,510 1,584 14,433 — 25,527 — 112,029 
Total revenues - affiliated customers
— 15,918 3,290 25,195 (1,317)43,086 (43,086)— 
Investment and other income
568 472 41 51 — 564 — 1,132 
Total revenues$87,070 $25,900 $4,915 $39,679 $(1,317)$69,177 $(43,086)$113,161 
Total operating costs (a)$85,265 $25,645 $4,209 $38,130 $(1,317)$66,667 $(43,086)$108,846 
Earnings from operations$1,805 $255 $706 $1,549 $— $2,510 $— $4,315 
Interest expense— — — — — — (1,003)(1,003)
Loss on sale of subsidiary and subsidiaries held for sale(83)— — — — — — (83)
Earnings before income taxes
$1,722 $255 $706 $1,549 $— $2,510 $(1,003)$3,229 
Total assets$130,492 $100,895 $33,846 $62,528 $— $197,269 $(12,492)$315,269 
Purchases of property, equipment and capitalized software238 282 267 103 — 652 — 890 
Depreciation and Amortization221 309 359 210 — 878 — 1,099 
Three Months Ended September 30, 2024
Revenues - unaffiliated customers:
Premiums$71,624 $5,818 $— $— $— $5,818 $— $77,442 
Products— 84 41 12,506 — 12,631 — 12,631 
Services2,422 3,953 1,700 1,029 — 6,682 — 9,104 
Total revenues - unaffiliated customers
74,046 9,855 1,741 13,535 — 25,131 — 99,177 
Total revenues - affiliated customers
— 15,448 3,086 20,554 (1,130)37,958 (37,958)— 
Investment and other income
807 614 104 118 — 836 — 1,643 
Total revenues$74,853 $25,917 $4,931 $34,207 $(1,130)$63,925 $(37,958)$100,820 
Total operating costs (a)$70,641 $23,756 $4,140 $32,663 $(1,130)$59,429 $(37,958)$92,112 
Earnings from operations$4,212 $2,161 $791 $1,544 $— $4,496 $— $8,708 
Interest expense— — — — — — (1,074)(1,074)
Loss on sale of subsidiary and subsidiaries held for sale(20)— — — — — — (20)
Earnings before income taxes
$4,192 $2,161 $791 $1,544 $— $4,496 $(1,074)$7,614 
Total assets$120,760 $95,482 $34,666 $57,031 $— $187,179 $(8,630)$299,309 
Purchases of property, equipment and capitalized software211 256 398 126 — 780 — 991 
Depreciation and Amortization217 283 332 209 — 824 — 1,041 
(a)     Total operating costs include medical costs, operating costs, cost of products sold and depreciation and amortization, as applicable for each reportable segment.
  Optum  
(in millions)UnitedHealthcareOptum HealthOptum InsightOptum RxOptum EliminationsOptumCorporate and
Eliminations		Consolidated
Nine Months Ended September 30, 2025
Revenues - unaffiliated customers:
Premiums$248,456 $14,962 $— $— $— $14,962 $— $263,418 
Products— 191 133 39,572 — 39,896 — 39,896 
Services7,665 12,114 4,556 3,430 — 20,100 — 27,765 
Total revenues - unaffiliated customers
256,121 27,267 4,689 43,002 — 74,958 — 331,079 
Total revenues - affiliated customers
— 47,785 9,588 70,122 (3,770)123,725 (123,725)— 
Investment and other income
1,669 1,362 96 146 — 1,604 — 3,273 
Total revenues$257,790 $76,414 $14,373 $113,270 $(3,770)$200,287 $(123,725)$334,352 
Total operating costs (a)$248,684 $73,909 $11,708 $108,962 $(3,770)$190,809 $(123,725)$315,768 
Earnings from operations$9,106 $2,505 $2,665 $4,308 $— $9,478 $— $18,584 
Interest expense— — — — — — (3,028)(3,028)
Loss on sale of subsidiary and subsidiaries held for sale(139)— — — — — — (139)
Earnings before income taxes
$8,967 $2,505 $2,665 $4,308 $— $9,478 $(3,028)$15,417 
Total assets$130,492 $100,895 $33,846 $62,528 $— $197,269 $(12,492)$315,269 
Purchases of property, equipment and capitalized software626 867 895 286 — 2,048 — 2,674 
Depreciation and Amortization661 892 1,054 637 — 2,583 — 3,244 
Nine Months Ended September 30, 2024
Revenues - unaffiliated customers:
Premiums$214,867 $17,460 $— $— $— $17,460 $— $232,327 
Products— 205 123 36,423 — 36,751 — 36,751 
Services7,339 12,006 4,807 2,590 — 19,403 — 26,742 
Total revenues - unaffiliated customers
222,206 29,671 4,930 39,013 — 73,614 — 295,820 
Total revenues - affiliated customers
— 48,641 8,887 58,208 (3,275)112,461 (112,461)— 
Investment and other income
1,870 1,386 159 236 — 1,781 — 3,651 
Total revenues$224,076 $79,698 $13,976 $97,457 $(3,275)$187,856 $(112,461)$299,471 
Total operating costs (a)$211,465 $73,719 $12,149 $93,360 $(3,275)$175,953 $(112,461)$274,957 
Earnings from operations$12,611 $5,979 $1,827 $4,097 $— $11,903 $— $24,514 
Interest expense— — — — — — (2,903)(2,903)
Loss on sale of subsidiary and subsidiaries held for sale(8,331)— — — — — — (8,331)
Earnings before income taxes
$4,280 $5,979 $1,827 $4,097 $— $11,903 $(2,903)$13,280 
Total assets$120,760 $95,482 $34,666 $57,031 $— $187,179 $(8,630)$299,309 
Purchases of property, equipment and capitalized software581 724 987 295 — 2,006 — 2,587 
Depreciation and Amortization673 832 958 595 — 2,385 — 3,058 
(a)     Total operating costs include medical costs, operating costs, cost of products sold and depreciation and amortization, as applicable for each reportable segment.