HighGravityDataUnitedHealth Group — Apr 21, 2026 release
Fiscal 2026 first-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000731766-26-000121
Showing in the filing
Stock repurchase
“at least $2.0 billion”
Period
Q2 FY2026
Measure
Declared action
Source
Prose
All guidance in this release · 12
Earnings outlook for FY2026
“Greater Than $17.35 Per Share”
Adjusted earnings outlook for FY2026
“Greater Than $18.25 Per Share”
Alegeus Technologies acquisition earnings im… for FY2026
“earnings neutral to 2026”
Share repurchase for Q2 FY2026
“at least $2 billion”
Long-term debt-to-capital ratio target for the long term
“approximately 40.0%”
Timing to reach long-term debt-to-capital ra… for the long term
“expects to reach that level in the back half of 2026”
Stock repurchase for Q2 FY2026
“at least $2.0 billion”
Projected 2026 expected reduction of loss co… for FY2026
“$402 million”
Net earnings attributable to UnitedHealth Gr… for FY2026
“> $15,800”
Adjusted net earnings attributable to United… for FY2026
“> $16,610”
Diluted earnings per share for FY2026
“> $17.35”
Adjusted diluted earnings per share for FY2026
“> $18.25”
Exhibit 99.1 · the passage around this item
… earlier in the release
• Debt-to-capital ratio was 42.9% as of March 31, 2026, compared to 43.9% in the fourth quarter 2025 and 44.6% in the first quarter 2025. The company continues to target a long-term debt-to-capital ratio of approximately 40.0% and expects to reach that level in the back half of 2026. • The company expects to repurchase at least $2.0 billion of its common stock by the end of the second quarter 2026.
Page 4 of 16 UnitedHealthcare First Quarter 2026 Results UnitedHealthcare provides health care benefits to individuals and employers, as well as Government Program beneficiaries. UnitedHealthcare is dedicated to improving the value customers and consumers receive by improving health and wellness, enhancing the quality of care received, simplifying the health care experience and reducing the total cost of care. Quarterly Financial Performance Three Months Ended March 31, 2026 March 31, 2025 December 31, 2025 Revenues $86.3 billion $84.6 billion $87.1 billion Earnings from Operations $5.7 billion $5.2 billion $0.3 billion Operating Margin 6.6% 6.2% 0.4% UnitedHealthcare • UnitedHealthcare first quarter 2026 revenues of $86.3 billion compared to $84.6 billion in the first quarter 2025. UnitedHealthcare served 49.1 million people in the first quarter 2026 compared to 49.8 million people at year end 2025. • UnitedHealthcare’s first quarter 2026 earnings from operations were $5.7 billion compared to $5.2 billion in the first quarter 2025. Operating margin of 6.6% compared to 6.2% in the first quarter 2025, primar
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.