UnitedHealth Q3 26 Earnings: - Revenue: $112.69B (est $111.03B) - Adjusted EPS: $4.69 (est $4.12) - EPS: $4.56 vs $2.59 Y/Y - UnitedHealthcare Segment Revenue: $86.33B (est $84.87B) - Optum Revenue: $66.88B (est $66.48B) - Total Enrollments: 48.30M (est 48.62M) - Medical Care Ratio: 88.4% (est 89.9%) - Operating Cost Ratio: 12.8% (est 12.6%) - Operating Margin: 5.8% vs 3.8% Y/Y - Sees 2026 Adjusted EPS: At Least $20.50 (saw $19.50 To $20) - Sees FY EPS: At Least $19.50 (saw $18.45 To $18.95)

UNITEDHEALTH GROUP $UNH Q3’26 EARNINGS HIGHLIGHTS 🔹 Revenue: $112.7B (Est. $111.4B) 🟢; flat YoY 🔹 Adj. EPS: $4.69 (Est. $4.14) 🟢; +61% YoY 🔹 Medical Cost Ratio: 88.4% (Est. 90.1%) 🟢 🔹 Earnings from Operations: $6.6B Raises FY26 Guide: 🔹 Adj. EPS: At least $20.50 (Est. $19.86) 🟢 🔹 GAAP EPS: At least $19.50 Segment Revenue: 🔹 UnitedHealthcare: $86.3B; -1% YoY 🔹 Optum: $66.9B; -3% YoY Segment Earnings from Operations: 🔹 UnitedHealthcare: $2.8B; 3.3% margin 🔹 Optum: $3.7B Other Q3 Metrics: 🔹 GAAP EPS: $4.56; +76% YoY 🔹 Operating Cost Ratio: 12.8%; -70 bps YoY 🔹 UnitedHealthcare People Served: 48.3M 🔹 Cash Flows from Operations: $5.1B Key Updates: 🔹 Prior-period reserve development: $610M net favorable 🔹 Share Repurchases: $5.0B year-to-date 🔹 Dividends: $6.2B year-to-date 🔹 Debt-to-Capital Ratio: 41.7% Comments: 🔸 “Our third quarter results reflect the discipline and execution our teams are bringing to every part of our business …”

UnitedHealth Group must defend itself against a slimmed-down lawsuit by a major shareholder that alleges investors were deceived about financial transactions that boosted earnings, a federal judge ruled