What is Molina Healthcare's other — medical care costs?

Molina Healthcare (MOH) reported other — medical care costs of -$2M in Q2 2026.

How has Molina Healthcare's other — medical care costs changed year-over-year?

Molina Healthcare's other — medical care costs decreased by 108.0% year-over-year, from $25M to -$2M.

What does other — medical care costs mean?

Represents the direct costs incurred by the health plan for medical services provided to members within the 'Other' business segment. This includes payments to healthcare providers for covered services such as hospital stays, physician visits, and pharmacy benefits.

Molina Healthcare (MOH) Other — Medical care costs

Screener

Other segment segments

Medicaid

$7.46B+1.8%

Medicare

$1.42B-1.9%

Marketplace

$559M-45.5%

Similar metrics at other companies

VREXMedical — Cost of revenues

$105.6M+7.9%

MEIMedical — Cost of Goods Sold

$0—

BDXMedical — Cost of products sold

$1.37B+9.0%

PRGOSelf Care — Cost of Sales

$402.3M+1.3%

PRGOSpecialty Care — Cost of Sales

$106.1M+8.2%

STIMMedical Device — Cost of Goods Sold

$2.86M-9.3%

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

See full

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:CostOfGoodsAndServicesSold.

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 item	Medicaid	Medicare	Marketplace	Other	Total
Other operating revenues (1)					606
Total revenue					10,874
Operating Expenses:
Medical care costs	7,464	1,419	559	(2)	9,440
Cost of service revenue	—	—	—	22	22
Segment expenses	7,464	1,419	559	20	9,462
Other operating expenses (2)					1,267
Operating income					145

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FAQ

What is Molina Healthcare's other — medical care costs?: Molina Healthcare (MOH) reported other — medical care costs of -$2M in Q2 2026.
How has Molina Healthcare's other — medical care costs changed year-over-year?: Molina Healthcare's other — medical care costs decreased by 108.0% year-over-year, from $25M to -$2M.
What does other — medical care costs mean?: Represents the direct costs incurred by the health plan for medical services provided to members within the 'Other' business segment. This includes payments to healthcare providers for covered services such as hospital stays, physician visits, and pharmacy benefits.