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Form 8-K · Current Report · Filed 2026-02-11

Humana Reports 2025 Financial Results and Provides 2026 Guidance

Humana Inc. reported a GAAP net loss per share of $6.61 for the fourth quarter of 2025, with an Adjusted net loss per share of $3.96, in line with management's expectations. The company reported full year 2025 GAAP earnings per share of $9.84, and Adjusted earnings per share of $17.14. Humana provided financial guidance for 2026, expecting at least $8.89 GAAP EPS and at least $9.00 Adjusted EPS. The company anticipates individual Medicare Advantage membership growth of approximately 25 percent over 2025. The full year 2025 Insurance segment GAAP benefit ratio was 90.4 percent, slightly better than guidance. A detailed earnings release and management's prepared remarks are available on the Investor Relations page.

Filer
Humana Inc. HUM · NYSE
Filed
Accession
0000049071-26-000005
CIK
0000049071
Signal
High impactHealthcare

Items reported

Item events

Reported Item

General Statement Earnings Beat Earnings Miss Raised Guidance Lowered Guidance

Market reaction

Close before filing

$181.30

Next session

-1.4%

Since filing

+100.7%

Latest close

$363.86

What happened, not what will happen — closing prices around the filing date.

About Humana Inc.

Humana Inc. is a leading healthcare insurance company that primarily focuses on offering comprehensive health insurance products and services. It operates in the insurance sector and is a significant player in the Medicare Advantage market, providing coverage solutions for senior citizens eligible for Medicare. Additionally, Humana boasts a diverse range of health plans, including individual, group medical plans, and specialty products like dental and vision care. The company extends its services to various sectors, including government-sponsored healthcare programs and commercial employers, emphasizing wellness and preventive care. Humana’s offerings are designed to meet the needs of both individual consumers and large organizations, ensuring tailored healthcare coverage. Based in Louisville, Kentucky, Humana is a crucial component of the healthcare system in the United States, striving to improve health outcomes and provide affordable insurance options. The company continues to influence the healthcare industry by enhancing its digital solutions and fostering partnerships that promote integrated care between medical professionals and insurers.

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