Universal Health Services, Inc. — Third Quarter 2026 Earnings Summary

Universal Health Services, Inc. reported net income of $308.7 million for the third quarter of 2026, a decrease from $373.0 million in the same period of 2025, while net revenues rose 5.3% to $4.733 billion. The company recorded a net favorable pre-tax impact of approximately $21 million in the quarter, driven by increased Medicaid supplemental payments that were partially offset by higher liability claim reserves. For the nine-month period ended September 30, 2026, reported net income was $1.016 billion with net revenues increasing 7.7% to $13.867 billion compared to the prior year. Operational metrics showed growth in adjusted admissions and patient days across both acute care and behavioral health facilities on a same-facility basis. Additionally, the company repurchased 3.915 million shares for approximately $689.6 million during the first nine months of 2026 and reached a tentative settlement agreement regarding the Cumberland Hospital litigation.