Becker's Healthcare November 7, 2025
Jakob Emerson

The nation’s largest payers have filed their third-quarter earnings reports, revealing which companies recorded the largest profits for the three months ended Sept. 30.

1. UnitedHealth Group: $2.3 billion

Total net income in the third quarter was $2.3 billion. UnitedHealthcare’s total earnings from operations were $1.8 billion.

2. Cigna Group: $1.9 billion

Total net income in Q3 was nearly $1.9 billion. Cigna Healthcare reported an adjusted operating income of more than $1 billion.

3. Elevance Health: $1.2 billion

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