---
schema_version: "secwatch.filing_event.v1"
accession: "0000731766-23-000049"
form_type: "8-K"
ticker: "UNH"
cik: "0000731766"
company_name: "UNITEDHEALTH GROUP INC"
filed_at: "2023-07-14T23:59:59+00:00"
generated_at: "2026-06-13T08:30:32.841650+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# UnitedHealth Q2 revenue $92.9B (+16% YoY); EPS $5.82, adjusted $6.14

## Summary
- UnitedHealthcare revenue $70.2B (+13%); people served up 1.1M YTD including 500K commercial.
- Optum revenue $56.3B (+25%); earnings $3.7B (+13%); Insight revenue backlog over $31B.
- Medical care ratio 83.2% vs 81.5%, driven by outpatient senior care; favorable reserve development $480M.
- Cash flow from operations $11.0B; returned $4.8B to shareholders; annual dividend raised 14%.
- Full-year adjusted EPS guidance raised to $24.70-$25.00; net EPS guidance $23.45-$23.75.

## SEC filing metadata
- accession: 0000731766-23-000049
- form_type: 8-K
- ticker: UNH
- cik: 0000731766
- company_name: UNITEDHEALTH GROUP INC
- filed_at: 2023-07-14T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/731766/000073176623000049/0000731766-23-000049-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/731766/000073176623000049/unh-20230714.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000731766-23-000049
- JSON: https://secwatch.observer/filing/0000731766-23-000049.json
- Plain text: https://secwatch.observer/filing/0000731766-23-000049.txt

## Key facts
- Earnings Releases
  UNITEDHEALTH GROUP INC reported second quarter 2023 results: revenue $92.9 billion, EPS $5.82 Per Share. Guidance raised.
  - Period: second quarter 2023
  - Revenue: $92.9 billion
  - EPS: $5.82 Per Share
  - Guidance: raised
  - Result: reported results
  source text: UnitedHealth Group Reports Second Quarter 2023 Results • Revenues of $92.9 Billion Grew 16% Year-Over-Year • Earnings from Operations Grew 13% • Cash Flows from Operations were $11.0 Billion • Earnings were $5.82 Per Share, Adjusted Earnings $6.14 Per Share
  evidence_url: https://www.sec.gov/Archives/edgar/data/731766/000073176623000049/0000731766-23-000049-index.htm

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