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Molina Healthcare MOH Medicaid — Segment Expenses

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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 moh:SegmentExpenses.

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 itemMedicaidMedicareMarketplaceOtherTotal
Operating Expenses:
Medical care costs7,4641,419559(2)9,440
Cost of service revenue2222
Segment expenses7,4641,419559209,462
Other operating expenses (2)1,267
Operating income145
Less: interest expense54
Income before income tax expense$91

Document

FAQ

What is Molina Healthcare's medicaid — segment expenses?
Molina Healthcare (MOH) reported medicaid — segment expenses of $7.46B in Q2 2026.
How has Molina Healthcare's medicaid — segment expenses changed year-over-year?
Molina Healthcare's medicaid — segment expenses increased by 1.8% year-over-year, from $7.33B to $7.46B.
What is the long-term trend for Molina Healthcare's medicaid — segment expenses?
Over 3 years (2022 to 2025), Molina Healthcare's medicaid — segment expenses has grown at a 10.6% compound annual growth rate (CAGR), from $21.85B to $29.59B.
What does medicaid — segment expenses mean?
The aggregate of all operating costs, including medical claims and administrative expenses, attributable to the Medicaid business segment. It serves as the primary measure of the cost structure for this specific line of business.

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