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Molina Healthcare MOH Medicare — Revenue from Contract with Customer, Excluding Assessed Tax

Discontinued — last reported Q4 '25

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CNCMedicare — Revenue from Contract with Customer, Including Assessed Tax
$10.33B+17.9%
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BTSGMedicare A — Revenue
$308.9M+17.5%
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BTSGMedicare C — Revenue
$667M+28.2%
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BTSGMedicare B — Revenue
$21.8M+3.8%
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BTSGMedicare D — Revenue
$1.07B+17.9%
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CNCMedicaid — Revenue from Contract with Customer, Including Assessed Tax
$28.89B+9.3%

Other financials

Income statement

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Revenue$10.8B-3.1%
Gross profit$1.5B-8.5%
Operating income$83.0M-80.8%
Net income$14.0M-95.3%
EPS (diluted)$0.27-95.0%

Balance sheet

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Cash & equivalents$5.3B+9.4%
Total debt$3.9B+4.8%
Total equity$4.1B-5.3%
Total assets$16.4B0.0%

Cash flow

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Operating cash flow$1.1B+469%
CapEx$27.0M+22.7%
Free cash flow$1.1B+528%

Valuation

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Market cap$10.18B-61.5%
Enterprise value$8.81B-67.1%
P/E15.8×-7.6×
P/S0.2×-0.4×

Profitability

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Gross margin12.9%-2.4pp
Operating margin3%-1.2pp
Net margin2%-0.9pp
FCF margin0.6%

Returns & leverage

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Return on equity19.7%-6.7pp
Debt / equity+0.1×
Current ratio1.6×0.0×

Where this comes from

Reported directly by Molina Healthcare in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: Molina Healthcare’s 10-K, filed February 10, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Molina Healthcare's medicare — revenue from contract with customer, excluding assessed tax?
Molina Healthcare (MOH) reported medicare — revenue from contract with customer, excluding assessed tax of $391.5M in Q4 2025.
What is the long-term trend for Molina Healthcare's medicare — revenue from contract with customer, excluding assessed tax?
Over 3 years (2021 to 2025), Molina Healthcare's medicare — revenue from contract with customer, excluding assessed tax has grown at a -22.6% compound annual growth rate (CAGR), from $3.38B to $1.57B.
What does medicare — revenue from contract with customer, excluding assessed tax mean?
The revenue earned from Medicare contracts, excluding specific tax-related pass-throughs.
How do you interpret medicare — revenue from contract with customer, excluding assessed tax?
Growth in this metric indicates successful contract acquisition or increased enrollment in the Medicare segment.
How does medicare — revenue from contract with customer, excluding assessed tax compare across companies?
Standard revenue reporting under ASC 606 for healthcare insurers.