联合健康(UNH)最主要的收入来源是什么？

通过最新财报数据拆解，该公司的收入主要由其核心业务板块与相关服务支持构成。您可以通过页面上的交互式图表直观查看各业务线对总营收的具体贡献比例。

如何直观分析 UNH 的财务状况与盈利模式？

瓜壳日历通过交互式桑基图(Sankey Diagram)和瀑布图(Waterfall Chart)，将该公司的总营收、销售成本、运营费用以及最终的净利润流程进行了全景可视化，方便投资者一分钟看懂其经营效率与现金流走向。

Income Statement Q1 2026
Item	Category	Value	YoY
Total revenues	revenue	111.72B	1.96%
Earnings from operations	profit	8.99B	-1.41%
Total operating costs	cost	102.73B	2.26%
Earnings before income taxes	profit	7.96B	-1.76%
Interest expense, operating and nonoperating	cost	955.00M	-4.31%
Loss on sale of subsidiary and subsidiaries held for sale	revenue	72.00M	380.00%
Medical costs	cost	73.49B	0.11%
Operating costs	cost	15.39B	13.21%
Cost of products sold	cost	12.82B	3.49%
Depreciation and amortization	cost	1.03B	-3.02%
Net earnings	profit	6.48B	0.11%
Income tax expense (benefit)	cost	1.48B	-9.19%
Net earnings	profit	6.28B	-0.19%
Net income (loss) attributable to noncontrolling interest	cost	201.00M	10.44%

Balance Sheet Q1 2026
Item	Category	Value
Cash and cash equivalent	assets	28.00B
Accounts receivable, after allowance for credit loss, current	assets	26.59B
Other receivables, net, current	assets	24.59B
Prepaid expenses and other current assets	assets	8.72B
Short-term investments	assets	3.23B
Total current assets	assets	91.13B
Goodwill	assets	110.51B
Long-term investments	assets	56.79B
Other assets, noncurrent	assets	23.46B
Intangible asset, excluding goodwill, after accumulated amortization	assets	20.09B
Property, equipment and capitalized software, net	assets	10.67B
Total assets	assets	312.64B
Total liabilities	liabilities	207.32B
Accumulated other comprehensive income (loss), net of tax	liabilities	2.56B
Total equity	liabilities	103.89B
Redeemable noncontrolling interests	liabilities	1.42B
Total current liabilities	liabilities	114.12B
Long-term debt, less current maturities	liabilities	71.44B
Other liabilities	liabilities	18.90B
Deferred income taxes	liabilities	2.86B
Aggregate	liabilities	106.46B
Liability for claims and claims adjustment expense	liabilities	39.66B
Accounts payable and accrued liabilities	liabilities	38.63B
Other current liabilities	liabilities	25.94B
Short-term borrowings and current maturities of long-term debt	liabilities	6.48B
Unearned revenues	liabilities	3.42B
Retained earnings (accumulated deficit)	liabilities	99.88B
Nonredeemable noncontrolling interests	liabilities	6.01B
Additional paid-in capital	liabilities	556.00M
Common stock, $0.01 par value - 3,000 shares authorized; 908 and 906 issued and outstanding	liabilities	9.00M

Operating Activities – 3M 2026
Item	Value
Net earnings	6.48B
Increase (decrease) in other operating assets	2.92B
Accounts payable and other liabilities	1.05B
Depreciation and amortization	1.03B
Deferred income tax expense (benefit)	540.00M
Share-based compensation	348.00M
Increase (decrease) in health care insurance liabilities	296.00M
Loss on sale of subsidiary and subsidiaries held for sale	72.00M
Unearned revenues	20.00M
Other noncash income (expense)	-304.00M
Increase (decrease) in accounts receivable	-3.54B

Investing Activities – 3M 2026
Item	Value
Maturities of investments	2.29B
Sales of investments	1.88B
Cash received from dispositions and other strategic transactions, net	1.08B
Repayments and maturities of loans	699.00M
Repayments of care provider loans - cyberattack	82.00M
Payment for (proceeds from) other investing activity	21.00M
Payments to acquire property, plant, and equipment	-763.00M
Originations and purchases of loans	-1.22B
Payments to acquire investments	-6.51B

Financing Activities – 3M 2026
Item	Value
Proceeds from short-term borrowings, net	1.10B
Customer funds administered	600.00M
Proceeds from common stock issuances	231.00M
Other, net	-1.42B
Repayments of long-term debt	-1.50B
Payments of ordinary dividends, common stock	-2.00B

Cash Balance – 3M 2026
Item	Value
Cash and cash equivalents, beginning of period	24.36B
Cash and cash equivalents, end of period	28.00B