King of Prussia, Pa.-based Universal Health Services saw an operating income of $502.9 million (11.2% operating margin) in the first quarter of 2026, up from $454.8 million (11.1% margin) in the first quarter of 2025, according to an April 27 financial report.
Four things to know:
1. UHS reported net revenue of $4.5 billion for the three months ended March 31, up 9.6% from $4.1 billion during the same period in 2025.
2. Total operating expenses were $4.0 billion in the first quarter of 2026, up from $3.6 billion during the same period last year. Salaries, wages and benefits were $2.1 billion, up from $2.0 billion in 2025. Supply expenses were $426.5 million, up from $402.9 million in the same quarter last year.
3. The for-profit health system reported a net income of $348.7 million in the first quarter of 2026, up from $316.7 million during the same period in 2025.
4. UHS operates 29 inpatient acute care hospitals, 346 inpatient behavioral health facilities, 168 outpatient facilities and ambulatory care access points, an insurance offering and a physician network in 40 states, Washington, D.C., the United Kingdom and Puerto Rico.
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