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UnitedHealth Group Incorporated Common Stock (DE)Stock · Healthcare
$425.36−$1.18 (-0.28%)as of market close, Jul 2, 2026
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How UnitedHealth Group Incorporated Common Stock (DE) makes money

Fiscal year

How does UnitedHealth Group Incorporated Common Stock (DE) make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year. Straight from SEC filings.

UnitedHealth Group Incorporated Common Stock (DE) · FY2025 · year ended 2025-12-31
Revenue$447.6BGross profit$396.9B · 89%Cost of revenue$50.7B · 11%Operating income$19.0B · 4%Operating expenses$377.9B · 84%SG&A$59.6B · 13%Other opex$318.4B · 71%Pre-tax income$13.9B · 3%Other expense$5.0B · 1%Net income$12.1B · 3%Income tax$1.9B · 0%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.