Pittsburgh-based Highmark Health reported $16.5 billion in revenue, $121 million in operating income and $329 million in net income in the first half of 2025.
“Strong first half performances by AHN and United Concordia Dental were offset by continued pressure on health plan results from higher than anticipated utilization that we expect to persist, reducing our operating income year over year,” Highmark CFO and Treasurer Carl Daley said.
Allegheny Health Network reported revenue of $2.8 billion in the first half of 2025 and an operating income of $72 million. Net earnings before interest, taxes, depreciation and amortization were $209 million in the first half of 2025, an increase of $138 million compared to the same period last year.
Highmark Health Plans reported $12.5 billion in operating revenue and $60 million operating income for the first half of 2025, a $245 million decrease year over year.
