Molina HealthcareMOHEarnings & Financial Report
Molina Healthcare, Inc. is a managed care company headquartered in Long Beach, California, United States. The company provides health insurance to individuals through government programs such as Medicaid and Medicare.
MOH Q1 FY2026 Key Financial Metrics
Revenue
$10.8B
Gross Profit
N/A
Operating Profit
$83.0M
Net Profit
$14.0M
Gross Margin
N/A
Operating Margin
0.8%
Net Margin
0.1%
YoY Growth
-3.1%
EPS
$0.27
Molina Healthcare Q1 FY2026 Financial Summary
Molina Healthcare reported revenue of $10.8B (down 3.1% YoY) for Q1 FY2026, with a net profit of $14.0M (down 64.0% YoY) (0.1% margin).
Key Financial Metrics
| Total Revenue | $10.8B |
|---|---|
| Net Profit | $14.0M |
| Gross Margin | N/A |
| Operating Margin | 0.8% |
| Report Period | Q1 FY2026 |
Revenue Breakdown
Molina Healthcare Q1 FY2026 revenue of $10.8B breaks down across 4 segments, led by Premium revenue at $10.2B (94.2% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Premium revenue | $10.2B | 94.2% |
| Premium tax revenue | $504.0M | 4.7% |
| Investment income | $98.0M | 0.9% |
| Other revenue | $22.0M | 0.2% |
Molina Healthcare Annual Revenue by Year
Molina Healthcare annual revenue history includes year-by-year totals (for example, 2025 revenue was $45.4B).
Molina Healthcare Quarterly Revenue & Net Profit History
Molina Healthcare results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $10.8B | -3.1% | $14.0M | 0.1% |
| Q4 FY2025 | $11.4B | +8.3% | $-160.0M | -1.4% |
| Q3 FY2025 | $11.5B | +11.0% | $79.0M | 0.7% |
| Q2 FY2025 | $11.4B | +15.7% | $255.0M | 2.2% |
| Q1 FY2025 | $11.1B | +12.2% | $298.0M | 2.7% |
| Q4 FY2024 | $10.5B | +16.0% | $251.0M | 2.4% |
| Q3 FY2024 | $10.3B | +21.0% | $326.0M | 3.2% |
| Q2 FY2024 | $9.9B | +18.7% | $301.0M | 3.0% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $9.88B | $10.34B | $10.50B | $11.15B | $11.43B | $11.48B | $11.38B | $10.80B |
| YoY Growth | 18.7% | 21.0% | 16.0% | 12.2% | 15.7% | 11.0% | 8.3% | -3.1% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $15.19B | $15.76B | $15.63B | $16.39B | $16.21B | $15.70B | $15.56B | $16.39B |
| Liabilities | $10.34B | $10.99B | $11.13B | $12.08B | $11.61B | $11.51B | $11.49B | $12.31B |
| Equity | $4.84B | $4.77B | $4.50B | $4.31B | $4.60B | $4.19B | $4.07B | $4.08B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-219.0M | $873.0M | $-224.0M | $190.0M | $-302.0M | $-125.0M | $-298.0M | $1.08B |