HUMANA INC is expected to release its Q2 2026 10-Q filing in the upcoming earnings season. Last quarter: Humana reported strong Q1 FY2026 revenue growth of 23.5% to $39.6B, but operating income fell 12.9% to $1.75B as rising medical costs and SG&A expenses compressed margins significantly.
Drawn from management commentary in the Q1 2026 10-Q:
Total revenue surged 23.5% year-over-year to $39.6B in Q1 FY2026, up from $32.1B in the prior-year period, reflecting significant growth in membership and premium revenue across Humana's health insurance segments.
Operating margin contracted sharply from 6.27% to 4.42% year-over-year, with operating income declining 12.9% to $1.75B despite the large revenue increase, indicating that medical cost trends are outpacing premium growth.
Selling, General & Administrative expenses rose 19.1% year-over-year to $4.02B, adding further pressure to profitability and suggesting increased administrative and selling costs associated with membership growth and operational scaling.
Revenue
$39.65B
++23.47% YoY
EPS (Basic)
$9.85
-4.46% YoY
Operating Income
$1.75B
-12.91% YoY
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