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HUMANA INC FY 2025 10-K, explained in plain English

HUM · 10-K for the period ending December 31, 2025, filed February 19, 2026 · Read the original on SEC.gov →

Key financials — as reported

Total revenue$129.7B
Gross margin— not reported
Operating income$2.7B
Net income$1.2B
Diluted EPS$9.84
Cash & equivalents$4.2B
Total assets$48.9B
Long-term debt$12.4B

Key takeaway

Humana's 2025 results show revenue of $129.7 billion but only $1.19 billion in net income, indicating significant margin compression versus prior years.

🔒 4 more takeaways in the full analysis

Beneath the surface

The effective tax rate of 17.4% on pre-tax income, combined with a $67 million loss on sale of business, suggests one-off items affected reported net income of $1.188 billion.

🔒 4 more insights a headline reader would miss

This is the free preview. The full analysis explains every line item above and includes 8 more findings — plus insider trades, activist stakes, and 8-K events for HUM.

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