UNH · 10-Q · 2026Q2 · Full report

Operating Cash Flow Trends

UNITEDHEALTH GROUP INC · 2026-08-10 · Importance 69 · Surprise 64 · In source text

Cash provided by operating activities increased $7.320 billion year over year to $19.964 billion for the six months ended June 30, 2026. The improvement was driven by increased earnings, favorable timing of government payments, working-capital dynamics and Inflation Reduction Act changes affecting pharmacy rebates. Cash received from dispositions and other strategic transactions was $1.091 billion, while cash paid for acquisitions and other transactions was $98 million. Purchases of property, equipment and capitalized software declined $222 million to $1.562 billion.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
cashpositiverealized+2.4%Total cash provided by operating activities for the six months ended June 30, 2026 was $19,964 million compared to $12,644 million for the…