UHS · 10-Q · 2026Q3 · Full report

Operating Cash Flow Trends

UNIVERSAL HEALTH SERVICES INC · 2026-11-06 · Importance 35 · Surprise 22 · From source text

Net cash provided by operating activities increased $192 million, or about 15%, to $1.481 billion in the first nine months of 2026 from $1.290 billion in the comparable 2025 period. Favorable changes included $178 million in accounts receivable, $90 million in accrued insurance expense net of claim settlements, and $77 million in accrued and deferred income taxes. These benefits were partly offset by a $179 million unfavorable change in other working capital, primarily from the timing of accrued expense and accounts payable disbursements. Days sales outstanding remained 55 days at September 30 in both 2026 and 2025.

Key facts

• UHS net cash provided by operating activities was $1.481 billion in the nine months ended September 30, 2026, compared with $1.290 billion in the first nine months of 2025. source
• UHS's operating cash flow increased by $192 million in the first nine months of 2026; drivers included a $179 million unfavorable working-capital change and favorable changes of $178 million in accounts receivable, $90 million in accrued insurance expense, and $77 million in accrued and deferred income taxes. source
• UHS DSO was 55 days at both September 30, 2026 and September 30, 2025. source

Impact estimates