2Q26 results and FY26 adjusted EPS guidance versus the actual preprint hurdle.
Table comparing six 2Q26 results or FY26 guidance metrics with preprint consensus. Every metric beat the hurdle. Adjusted EPS was $2.51 versus $1.09 and about $2.01 after subtracting roughly $0.50 of identified nonrecurring items. Total revenue beat by $5.94 billion, but $4.94 billion, or 83%, was premium-tax pass-through; premium and service revenue still beat by $1.11 billion. HBR and adjusted SG&A were 160 and 30 basis points better, respectively, and normalized FY26 EPS guidance remained more than 22% above preprint consensus.