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UnitedHealth Group 2025 10-K: $447.6B Revenue, $13.23 EPS
UnitedHealth Group reported consolidated revenue of $447.6 billion for the fiscal year 2025, a 12% increase driven by Medicare Advantage and Optum Rx growth. Despite revenue growth, diluted earnings per share fell to $13.23 from $15.51 in 2024, primarily due to elevated medical costs and restructuring efforts. The company undertook significant operational changes, including divestitures and a realignment of Optum Financial, to address these financial pressures.