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Molina Healthcare MOH Medicaid — Current year

Other segment segments

Medicare
$1.44B-1.4%
Marketplace
$564M-44.7%
Other
$6M-73.9%

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$718.73M+24.6%
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AXSReinsurance — Current year
$229.23M-6.4%

Other financials

Income statement

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Revenue$10.9B-4.8%
Gross profit$1.4B-10.3%
Operating income$145.0M-61.1%
Net income$60.0M-76.5%
EPS (diluted)$1.19-74.9%

Balance sheet

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Cash & equivalents$5.0B+10.8%
Total debt$4.0B+10.9%
Total equity$4.2B-9.4%
Total assets$16.0B-1.3%

Cash flow

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Operating cash flow$1.1B+469%
CapEx$30.0M-28.6%
Free cash flow$1.1B+528%

Valuation

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Market cap$10.19B+23.4%
Enterprise value$9.15B+25.1%
P/E25×-12.1×
P/S0.2×0.0×

Profitability

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Gross margin12.6%-2.2pp
Operating margin3%-1.2pp
Net margin2%-0.9pp
FCF margin0.6%

Returns & leverage

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Return on equity19.7%-6.7pp
Debt / equity0.9×+0.2×
Current ratio1.7×0.0×

Where this comes from

Reported directly by Molina Healthcare in its filing.

Tagged under the XBRL concept us-gaap:SupplementalInformationForPropertyCasualtyInsuranceUnderwritersCurrentYearClaimsAndClaimsAdjustmentExpense.

The source filing: Molina Healthcare’s 10-Q, filed July 23, 2026.

Filed
Jul 23, 2026, 10:21 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001179929-26-000039
Line itemMedicaidMedicareMarketplaceOtherConsolidated
Medical claims and benefits payable, beginning balance$3,638$688$547$14$4,887
Components of medical care costs related to:
Current year14,9162,8751,198618,995
Prior years(156)(93)(31)(5)(285)
Total medical care costs14,7602,7821,167118,710
Payments for medical care costs related to:
Current year11,8602,279920315,062
Prior years2,88855946383,918

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FAQ

What is Molina Healthcare's medicaid — current year?
Molina Healthcare (MOH) reported medicaid — current year of $7.47B in Q2 2026.
How has Molina Healthcare's medicaid — current year changed year-over-year?
Molina Healthcare's medicaid — current year increased by 1.8% year-over-year, from $7.34B to $7.47B.
What is the long-term trend for Molina Healthcare's medicaid — current year?
Over 4 years (2021 to 2025), Molina Healthcare's medicaid — current year has grown at a 12.8% compound annual growth rate (CAGR), from $18.32B to $29.69B.
What does medicaid — current year mean?
Reflects the medical claims and associated adjustment expenses incurred during the current fiscal period for the Medicaid segment. It captures the immediate cost of providing healthcare services to the covered population within the current reporting cycle.

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