In Q2 fiscal 2026 (the quarter ended June 30, 2026), Universal Health Services's largest business segment was Acute Care Hospital Services, with $2.61 billion or 56% of revenue, up 8.6% from a year earlier. Next: Behavioral Health Services (44%) and All other segments (under 1%).
By product or service, Managed Care brought in 26%, Medicaid brought in 18% and Managed Medicaid brought in 14% of revenue in Q2 fiscal 2026.
The fastest-growing business segment from a year earlier was Acute Care Hospital Services (+8.6%).
From company filings, in USD; latest quarter ended June 30, 2026; quarterly data from Q3 fiscal 2017.

Fiscal quarters, from company filings
| Business segment | Q2 FY26 | Q1 FY26 | Q3 FY25 | Q2 FY25 | Share |
|---|---|---|---|---|---|
| Acute Care Hospital Services | $2.6B | $2.6B | $2.6B | $2.4B | 56% |
| Behavioral Health Services | $2.0B | $1.9B | $1.9B | $1.9B | 44% |
| All other segments | $2.9M | $2.9M | $4.9M | $2.7M | under 1% |
In USD, fiscal quarters as reported; share = part of Q2 FY26 revenue.
| Product or service | Q2 FY26 | Q1 FY26 | Q3 FY25 | Q2 FY25 | Share |
|---|---|---|---|---|---|
| Managed Care | $1.2B | $1.2B | $1.2B | $1.2B | 26% |
| Medicaid | $820.2M | $709.9M | $766.3M | $644.1M | 18% |
| Managed Medicaid | $653.7M | $646.6M | $627.9M | $619.6M | 14% |
| Managed Medicare | $548.7M | $550.1M | $516.6M | $519.2M | 12% |
| Medicare | $478.7M | $481.7M | $460.6M | $449.2M | 10% |
| Other Non Patient Revenue | $354.6M | $315.8M | $298.5M | $266.8M | 8% |
| Other Patient Revenue and Adjustments Net | $310.7M | $329.3M | $319.0M | $310.1M | 7% |
| U K Revenue | $269.2M | $261.2M | $264.5M | $246.9M | 6% |
In USD, fiscal quarters as reported; share = part of Q2 FY26 revenue.
Acute Care Hospital Services, Behavioral Health Services and All other segments (as reported for Q2 fiscal 2026).
Acute Care Hospital Services: $2.61 billion, or 56% of revenue, in Q2 fiscal 2026.
By revenue in Q2 fiscal 2026: Managed Care (26%), Medicaid (18%), Managed Medicaid (14%) and Managed Medicare (12%).
Click a bar to see that period below. Striped bars are calculated fourth quarters; an empty slot means it could not be calculated on the same basis i
Fiscal quarter ended Jun 30, 2026
| Item | Revenue | Share |
|---|---|---|
| Acute Care Hospital Services | USD 2.61B | 56.3% |
| Behavioral Health Services | USD 2.03B | 43.7% |
| All other segments | USD 2.95M | 0.1% |
Sum of items USD 4.64B. Shares are of the items shown. Click an item with › to see its parts.
Every item and period in one grid. Purple = calculated; "–" = not available.
| Item | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 | Q4 FY23 | Q3 FY23 | Q2 FY23 | Q1 FY23 | Q4 FY22 | Q3 FY22 | Q2 FY22 | Q1 FY22 | Q4 FY21 | Q3 FY21 | Q2 FY21 | Q1 FY21 | Q4 FY20 | Q3 FY20 | Q2 FY20 | Q1 FY20 | Q4 FY19 | Q3 FY19 | Q2 FY19 | Q1 FY19 | Q4 FY18 | Q3 FY18 | Q2 FY18 | Q1 FY18 | Q4 FY17 | Q3 FY17 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Acute Care Hospital Services | 2.6B | 2.6B | 2.5B | 2.6B | 2.4B | 2.4B | 2.3B | 2.3B | 2.2B | 2.2B | 2.1B | 2.0B | 2.0B | 2.0B | 1.9B | 1.9B | 1.9B | 1.9B | 1.8B | 1.8B | 1.8B | 1.7B | 1.7B | 1.6B | 1.5B | 1.5B | 7.2B | 1.5B | 1.5B | 1.5B | 1.5B | 1.4B | 1.4B | 1.4B | – | 1.3B |
| Behavioral Health Services | 2.0B | 1.9B | 1.9B | 1.9B | 1.9B | 1.7B | 1.8B | 1.7B | 1.7B | 1.7B | 1.6B | 1.5B | 1.5B | 1.5B | 1.5B | 1.4B | 1.4B | 1.4B | 1.4B | 1.3B | 1.4B | 1.3B | 1.3B | 1.3B | 1.3B | 1.3B | 2.5B | 1.3B | 1.3B | 1.3B | 1.3B | 1.3B | 1.3B | 1.2B | – | 1.2B |
| All other segments | 2.9M | 2.9M | 3.0M | 4.9M | 2.7M | 2.8M | 2.6M | 2.6M | 2.9M | 2.4M | 500.0K | 2.8M | 2.9M | 3.5M | 13.2M | - 18.5M | 14.0M | 14.2M | 9.5M | 5.7M | 12.0M | 3.1M | 4.3M | 2.9M | 3.1M | 2.5M | – | 2.1M | 3.2M | 3.2M | 2.9M | – | – | – | – | – |
| Other Operating | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 3.4M | 3.3M | 3.9M | – | 568.0K |