Molina Healthcare, Inc. (MOH)MOHMolina Healthcare, Inc.

Financials

Quarterly Income Statement (USD)

Quarterly Report	TTM	03/31/2026	12/31/2025	09/30/2025	06/30/2025	03/31/2025	12/31/2024	09/30/2024	06/30/2024
Revenue	45.075B	10.796B	11.375B	11.477B	11.427B	11.147B	10.499B	10.340B	9.880B
Cost of Goods Sold	41.258B	9.774B	10.674B	10.550B	10.260B	9.867B	9.386B	9.151B	8.666B
Gross Profit	3.817B	1.022B	701.000M	927.000M	1.167B	1.280B	1.113B	1.189B	1.214B
Gross Profit Margin	9.5%	9.5%	6.2%	8.1%	10.2%	11.5%	10.6%	11.5%	12.3%
Total Operating Expenses	3.293B	846.000M	863.000M	790.000M	794.000M	847.000M	733.000M	722.000M	780.000M
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	3.014B	779.000M	795.000M	729.000M	711.000M	774.000M	665.000M	676.000M	691.000M
Operating Income (EBIT)	524.000M	176.000M	-162.000M	137.000M	373.000M	433.000M	380.000M	467.000M	434.000M
Operating Margin	1.6%	1.6%	-1.4%	1.2%	3.3%	3.9%	3.6%	4.5%	4.4%
Income Before Tax (EBT)	228.000M	29.000M	-214.000M	88.000M	325.000M	390.000M	346.000M	438.000M	406.000M
Interest Income	—	—	—	—	—	—	—	—	—
Interest Expense	203.000M	54.000M	52.000M	49.000M	48.000M	43.000M	34.000M	29.000M	28.000M
Other Income/Expense	-296.000M	-147.000M	-52.000M	-49.000M	-48.000M	-43.000M	-34.000M	-29.000M	-28.000M
Net Income	188.000M	14.000M	-160.000M	79.000M	255.000M	298.000M	251.000M	326.000M	301.000M
Income Tax Expense	40.000M	15.000M	-54.000M	9.000M	70.000M	92.000M	95.000M	112.000M	105.000M
Net Profit Margin	0.1%	0.1%	-1.4%	0.7%	2.2%	2.7%	2.4%	3.2%	3.0%
EBITDA	617.000M	122.000M	-118.000M	182.000M	431.000M	481.000M	428.000M	514.000M	480.000M
EBITDA Margin	1.1%	1.1%	-1.0%	1.6%	3.8%	4.3%	4.1%	5.0%	4.9%
Depreciation & Amortization	186.000M	39.000M	44.000M	45.000M	58.000M	48.000M	48.000M	47.000M	46.000M
EPS Basic	3.39	0.27	-3.15	1.51	4.76	5.47	4.37	5.66	5.20
EPS Diluted	3.36	0.27	-3.15	1.50	4.74	5.45	4.35	5.65	5.17
Shares Outstanding	51.000M	51.000M	50.794M	53.600M	54.300M	54.600M	57.400M	57.600M	57.900M
Diluted Shares Outstanding	51.000M	51.000M	50.794M	53.600M	54.300M	54.800M	57.700M	57.700M	58.200M

Annual Income Statement (USD)

Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Revenue	45.426B	40.650B	34.072B	31.974B	27.771B	19.423B	16.829B	18.890B
Cost of Goods Sold	41.351B	35.914B	29.738B	28.048B	24.491B	16.746B	14.394B	16.266B
Gross Profit	4.075B	4.736B	4.334B	3.926B	3.280B	2.677B	2.435B	2.624B
Gross Profit Margin	9.0%	11.7%	12.7%	12.3%	11.8%	13.8%	14.5%	13.9%
Total Operating Expenses	3.294B	3.029B	2.761B	2.545B	2.260B	1.599B	1.385B	17.013B
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	3.009B	2.743B	2.462B	2.311B	2.068B	1.480B	1.296B	1.333B
Operating Income (EBIT)	781.000M	1.707B	1.573B	1.381B	1.020B	1.078B	1.044B	1.131B
Operating Margin	1.7%	4.2%	4.6%	4.3%	3.7%	5.6%	6.2%	6.0%
Income Before Tax (EBT)	589.000M	1.589B	1.464B	1.063B	875.000M	961.000M	972.000M	999.000M
Interest Income	—	—	—	—	—	—	—	—
Interest Expense	192.000M	118.000M	109.000M	110.000M	120.000M	102.000M	87.000M	115.000M
Other Income/Expense	-192.000M	-118.000M	-109.000M	-318.000M	-145.000M	-117.000M	-72.000M	-132.000M
Net Income	472.000M	1.179B	1.091B	792.000M	659.000M	673.000M	737.000M	707.000M
Income Tax Expense	117.000M	410.000M	373.000M	271.000M	216.000M	288.000M	235.000M	292.000M
Net Profit Margin	1.0%	2.9%	3.2%	2.5%	2.4%	3.5%	4.4%	3.7%
EBITDA	976.000M	1.893B	1.744B	1.349B	1.126B	1.151B	1.148B	1.241B
EBITDA Margin	2.1%	4.7%	5.1%	4.2%	4.1%	5.9%	6.8%	6.6%
Depreciation & Amortization	195.000M	186.000M	171.000M	176.000M	131.000M	88.000M	89.000M	127.000M
EPS Basic	8.93	20.52	18.71	13.70	11.40	11.41	11.85	10.61
EPS Diluted	8.92	20.42	18.78	13.54	11.25	11.24	11.48	10.55
Shares Outstanding	50.794M	57.400M	58.100M	57.800M	57.800M	59.000M	62.200M	66.635M
Diluted Shares Outstanding	50.794M	57.700M	58.100M	58.500M	58.600M	59.900M	64.200M	67.000M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

About Molina Healthcare, Inc.

Molina Healthcare, Inc. offers comprehensive managed health care services, primarily targeting economically disadvantaged families and individuals. The company provides coverage through key government initiatives such as Medicaid and Medicare programs, in addition to state health insurance marketplaces. Its operations are strategically segmented into four main divisions: Medicaid, Medicare, Marketplace, and a general "Other" category. By the close of 2021, specifically December 31st, Molina Healthcare's network extended to approximately 5.2 million members across 18 states, all of whom qualified for Medicaid, Medicare, or other government-sponsored healthcare plans. Established in 1980, the company maintains its corporate headquarters in Long Beach, California.

Long Beach, CA

18,000 employees

www.molinahealthcare.com

Healthcare / Medical - Healthcare Plans

Sector: Healthcare
Industry: Medical - Healthcare Plans
CEO: Joseph Michael Zubretsky

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