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Molina Healthcare MOH Operating Income

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Other financials

Income statement

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Revenue$10.9B-4.8%
Gross profit$1.4B-10.3%
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:OperatingIncomeLoss.

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 itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Impairment93
Other20254850
Total operating expenses10,72911,05421,44221,768
Operating income145373228806
Interest expense544810891
Income before income tax expense91325120715
Income tax expense317046162
Net income$60$255$74$553

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FAQ

What is Molina Healthcare's operating income?
Molina Healthcare (MOH) reported operating income of $145M in Q2 2026.
How has Molina Healthcare's operating income changed year-over-year?
Molina Healthcare's operating income decreased by 61.1% year-over-year, from $373M to $145M.
What is the long-term trend for Molina Healthcare's operating income?
Over 3 years (2021 to 2024), Molina Healthcare's operating income has grown at a 18.7% compound annual growth rate (CAGR), from $1.02B to $1.71B.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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