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Molina Healthcare MOH Medicaid — Prior years

Other segment segments

Medicare
-$22M-57.1%
Marketplace
-$5M-200%
Other
-$2M

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-$172M-35.4%
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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:SupplementalInformationForPropertyCasualtyInsuranceUnderwritersPriorYearClaimsAndClaimsAdjustmentExpense.

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 — prior years?
Molina Healthcare (MOH) reported medicaid — prior years of -$3M in Q2 2026.
How has Molina Healthcare's medicaid — prior years changed year-over-year?
Molina Healthcare's medicaid — prior years increased by 50.0% year-over-year, from -$6M to -$3M.
What is the long-term trend for Molina Healthcare's medicaid — prior years?
Over 2 years (2021 to 2024), Molina Healthcare's medicaid — prior years has grown at a 79.3% compound annual growth rate (CAGR), from -$190M to -$611M.
What does medicaid — prior years mean?
Represents the favorable or unfavorable development of claims reserves established in previous fiscal periods. It reflects the difference between the initial estimates of claims liabilities and the actual amounts paid out as those claims were settled.

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