UnitedHealth Q1 revenue $111.72B

UnitedHealth Group reported $111.72 billion in first-quarter 2026 revenue on April 21 and raised its full-year profit outlook. (unitedhealthgroup.com) (cnbc.com) The company said first-quarter net income was $6.28 billion, or $6.90 a share, and adjusted earnings were $7.23 a share. Analysts surveyed by LSEG had expected $6.57 a share on $109.57 billion in revenue. (cnbc.com) (unitedhealthgroup.com) UnitedHealth said it now expects 2026 adjusted net earnings of more than $18.25 a share, up from more than $17.75 previously. It kept full-year revenue guidance above $439 billion. (cnbc.com) (unitedhealthgroup.com) A key insurance cost measure improved. UnitedHealth’s medical cost ratio was 83.9% in the quarter, down 90 basis points from a year earlier and better than analysts expected. (unitedhealthgroup.com) (cnbc.com) The quarter is part of a broader reset under Chief Executive Officer Stephen Hemsley. UnitedHealth said it has refreshed nearly half of its top 100 leadership roles and is exiting non-U.S. businesses. (unitedhealthgroup.com) (fool.com) The company also said it is accelerating investments in artificial intelligence, cybersecurity, prior authorization changes, transparency and data interoperability. It agreed during the quarter to buy Alegeus Technologies, with the deal expected to close in the second half of 2026 and be neutral to 2026 earnings. (unitedhealthgroup.com) At the same time, investors are being asked to vote on a governance proposal at UnitedHealth’s June 1, 2026 annual meeting. The proposal would require any future board chair to be an independent director, and the board has urged shareholders to vote against it. (unitedhealthgroup.com) (finance.yahoo.com) UnitedHealth’s proxy says the company has already named a lead independent director, added a new independent director and created a Public Responsibility Committee of the board. The filing argues those steps provide oversight without requiring a separate chair. (unitedhealthgroup.com 1) (unitedhealthgroup.com 2) Shares jumped about 8% in morning trading after the earnings report, as investors responded to the beat and the higher outlook. The move also lifted other managed-care stocks facing the same pressure from elevated medical costs. (cnbc.com) (247wallst.com) For now, the story is two tracks at once: stronger quarterly numbers and a live debate over who should oversee the board. Both will stay in focus through the June 1 shareholder vote. (unitedhealthgroup.com 1) (unitedhealthgroup.com 2)