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Molina Healthcare MOH Service margin — Gross Profit

Other product segments

Medical margin
$804M-22.6%

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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:GrossProfit.

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
Segment expenses7,4641,419559209,462
Other operating expenses (2)1,267
Operating income145
Less: interest expense54
Income before income tax expense$91
Segment Margin:
Medical margin$585$146$69$4$804
Service margin22

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FAQ

What is Molina Healthcare's service margin — gross profit?
Molina Healthcare (MOH) reported service margin — gross profit of $2M in Q2 2026.
How has Molina Healthcare's service margin — gross profit changed year-over-year?
Molina Healthcare's service margin — gross profit decreased by 33.3% year-over-year, from $3M to $2M.
What is the long-term trend for Molina Healthcare's service margin — gross profit?
Over 3 years (2022 to 2025), Molina Healthcare's service margin — gross profit has grown at a -6.5% compound annual growth rate (CAGR), from $11M to $9M.
What does service margin — gross profit mean?
This metric represents the profitability of the company's core healthcare service delivery after accounting for direct medical costs and related service expenses. It measures the spread between premium revenue earned from government-sponsored programs and the medical claims paid to providers for member care. This margin is a critical indicator of the company's ability to manage medical loss ratios and operational efficiency within its Medicaid, Medicare, and Marketplace segments.

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