---
schema_version: "secwatch.filing_event.v1"
accession: "0000731766-26-000121"
form_type: "8-K"
ticker: "UNH"
cik: "0000731766"
company_name: "UNITEDHEALTH GROUP INC"
filed_at: "2026-04-21T23:59:59+00:00"
generated_at: "2026-05-15T05:13:31.431333+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# UnitedHealth Q1 EPS $6.90; FY guidance raised; Alegeus deal, $2B buyback

## Summary
- Q1 revenues $111.7B (+2% YoY); GAAP EPS $6.90, adjusted $7.23.
- Medical cost ratio improved 90 bps to 83.9%; operating cost ratio up to 13.8%.
- FY2026 guidance raised: GAAP EPS >$17.35, adjusted >$18.25.
- Agreed to acquire Alegeus Technologies (earnings neutral, close H2 2026).
- At least $2B stock buyback expected by end of Q2 2026; Optum UK sale netted $400M.

## SEC filing metadata
- accession: 0000731766-26-000121
- form_type: 8-K
- ticker: UNH
- cik: 0000731766
- company_name: UNITEDHEALTH GROUP INC
- filed_at: 2026-04-21T23:59:59+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/731766/000073176626000121/0000731766-26-000121-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/731766/000073176626000121/unh-20260421.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000731766-26-000121
- JSON: https://secwatch.observer/filing/0000731766-26-000121.json
- Plain text: https://secwatch.observer/filing/0000731766-26-000121.txt

## Key facts
- Earnings Releases
  UNITEDHEALTH GROUP INC reported first quarter 2026 results: revenue $111.7 billion, EPS $6.90 per share. Guidance raised.
  - Period: first quarter 2026
  - Revenue: $111.7 billion
  - EPS: $6.90 per share
  - Guidance: raised
  - Result: reported results
  source text: UnitedHealth Group Reports First Quarter 2026 Results • First Quarter 2026 Revenues of $111.7 Billion Grew 2% Year-over-Year • Earnings of $6.90 Per Share and Adjusted Earnings of $7.23 Per Share • Full Year 2026 Earnings Outlook Raised to Greater Than $17.35 Per Share; Adjusted Earnings of Greater Than $18.25 Per Share
  evidence_url: https://www.sec.gov/Archives/edgar/data/731766/000073176626000121/0000731766-26-000121-index.htm

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