---
schema_version: "secwatch.filing_event.v1"
accession: "0000049071-26-000005"
form_type: "8-K"
ticker: "HUM"
cik: "0000049071"
company_name: "HUMANA INC"
filed_at: "2026-02-11T23:59:59+00:00"
generated_at: "2026-05-16T03:26:22.544502+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Humana reports Q4 GAAP loss per share of $6.61, FY2025 adjusted EPS $17.14; FY2026 guided at least $8.89 GAAP

## Summary
- 4Q25 GAAP net loss per share $6.61; adjusted net loss per share $3.96; FY2025 GAAP EPS $9.84, adjusted EPS $17.14.
- FY2026 guidance: GAAP EPS at least $8.89, adjusted EPS at least $9.00, decline due to Star Ratings headwind.
- Insurance segment benefit ratio FY2025 90.4% slightly above guidance; individual MA membership up ~20% to 6.28M in Jan 2026.
- CenterWell added 100,600 patients in Senior Primary Care (over 25% growth); Medicaid footprint now 13 states.
- FY2025 operating cash flows $921M vs $2,966M prior year; debt-to-capitalization 41.1%.

## SEC filing metadata
- accession: 0000049071-26-000005
- form_type: 8-K
- ticker: HUM
- cik: 0000049071
- company_name: HUMANA INC
- filed_at: 2026-02-11T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/49071/000004907126000005/0000049071-26-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/49071/000004907126000005/hum-20260211.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000049071-26-000005
- JSON: https://secwatch.observer/filing/0000049071-26-000005.json
- Plain text: https://secwatch.observer/filing/0000049071-26-000005.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.