Molina Healthcare MOH Business Segments
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Premiums Earned And Service Revenue by Business | ||||||
| Marketplace | $4.21B-6.2% | $4.49B+10.8% | $4.05B+15.3% | $3.51B+19.5% | $2.94B+17.3% | |
| Medicaid | $32.04B-0.6% | $32.24B+0.1% | $32.22B+1.1% | $31.87B+2.1% | $31.22B+2.1% | |
| Medicare | $6.28B+0.8% | $6.24B+4.3% | $5.98B+4.2% | $5.74B+3.0% | $5.57B+0.5% | |
| Other | $155M-12.4% | $177M+9.3% | $162M+14.1% | $142M+30.3% | $109M+34.6% | |
| Premium revenue by Business | ||||||
| Marketplace | $4.21B-6.2% | $4.49B+10.8% | $4.05B+15.3% | $3.51B+19.5% | $2.94B+17.3% | |
| Medicaid | $32.04B-0.6% | $32.24B+0.1% | $32.22B+1.1% | $31.87B+2.1% | $31.22B+2.1% | |
| Medicare | $6.28B+0.8% | $6.24B+4.3% | $5.98B+4.2% | $5.74B+3.0% | $5.57B+0.5% | |
| Other | $68M-24.4% | $90M+18.4% | $76M+33.3% | $57M+119% | $26M— | |
| Segment Expenses by Business | ||||||
| Marketplace | $3.85B-5.2% | $4.06B+15.1% | $3.53B+23.2% | $2.87B+25.1% | $2.29B+21.3% | |
| Medicaid | $29.55B-0.1% | $29.59B+1.0% | $29.3B+1.5% | $28.86B+2.3% | $28.22B+2.3% | |
| Medicare | $5.83B+1.2% | $5.76B+5.5% | $5.46B+5.4% | $5.18B+4.5% | $4.96B+0.3% | |
| Other | $136M-11.7% | $154M+9.2% | $141M+14.6% | $123M+26.8% | $97M+32.9% | |
| Service revenue by Business | ||||||
| Marketplace | $0— | $0— | $0— | $0— | $0— | |
| Medicaid | $0— | $0— | $0— | $0— | $0— | |
| Medicare | $0— | $0— | $0— | $0— | $0— | |
| Other | $87M0.0% | $87M+1.2% | $86M+1.2% | $85M+2.4% | $83M+2.5% | |
| Cost of service revenue by Business | ||||||
| Marketplace | $0— | $0— | $0— | $0— | $0— | |
| Medicaid | $0— | $0— | $0— | $0— | $0— | |
| Medicare | $0— | $0— | $0— | $0— | $0— | |
| Other | $80M+2.6% | $78M+2.6% | $76M+1.3% | $75M+1.4% | $74M+1.4% | |
| Current year by Business | ||||||
| Marketplace | $3.84B-4.0% | $4B+14.9% | $3.48B+23.0% | $2.83B+25.1% | $2.26B+19.6% | |
| Medicaid | $29.65B-0.2% | $29.69B+0.7% | $29.47B+1.0% | $29.17B+1.7% | $28.7B+1.7% | |
| Medicare | $5.9B+1.4% | $5.81B+5.6% | $5.51B+4.8% | $5.26B+4.4% | $5.03B+0.7% | |
| Other | $59M-22.4% | $76M+16.9% | $65M+35.4% | $48M+109% | $23M— | |
| Liability for Unpaid Claims and Claims Adjustment Expense, Incurred Claims by Business | ||||||
| Marketplace | $3.85B-5.2% | $4.06B+15.1% | $3.53B+23.2% | $2.87B+25.1% | $2.29B+21.3% | |
| Medicaid | $29.55B-0.1% | $29.59B+1.0% | $29.3B+1.5% | $28.86B+2.3% | $28.22B+2.3% | |
| Medicare | $5.83B+1.2% | $5.76B+5.5% | $5.46B+5.4% | $5.18B+4.5% | $4.96B+0.3% | |
| Other | $56M-26.3% | $76M+16.9% | $65M+35.4% | $48M+109% | $23M— | |
| Liability for Claims and Claims Adjustment Expense by Business | ||||||
| Marketplace | $2.01B-0.4% | $2.02B+17.2% | $1.72B+25.2% | $1.38B+16.5% | $1.18B+16.7% | |
| Medicaid | $14.65B+1.8% | $14.39B-0.2% | $14.42B-1.4% | $14.62B+0.9% | $14.5B+0.6% | |
| Medicare | $2.83B-3.2% | $2.93B-1.1% | $2.96B-1.6% | $3.01B-1.3% | $3.05B-1.4% | |
| Other | $66M-20.5% | $83M+20.3% | $69M+35.3% | $51M+88.9% | $27M— | |
| Medical care costs by Business | ||||||
| Marketplace | $3.85B-5.2% | $4.06B+15.1% | $3.53B+23.2% | $2.87B+25.1% | $2.29B+21.3% | |
| Medicaid | $29.55B-0.1% | $29.59B+1.0% | $29.3B+1.5% | $28.86B+2.3% | $28.22B+2.3% | |
| Medicare | $5.83B+1.2% | $5.76B+5.5% | $5.46B+5.4% | $5.18B+4.5% | $4.96B+0.3% | |
| Other | $56M-26.3% | $76M+16.9% | $65M+35.4% | $48M+109% | $23M— | |
| Change in non-risk and other payables by Business | ||||||
| Marketplace | $0— | $0— | $0— | $0— | $0— | |
| Medicaid | $419M+1,032% | $37M+117% | -$221M-182% | $268M+296% | -$137M+18.9% | |
| Medicare | $1M0.0% | $1M— | $0-100% | $63M+103% | $31M— | |
| Other | $0— | $0— | $0— | $0— | $0— | |
| Liability for Unpaid Claims and Claims Adjustment Expense, Claims Paid, Prior Years by Business | ||||||
| Marketplace | $448M+35.8% | $330M+5.8% | $312M+0.3% | $311M-4.0% | $324M+47.3% | |
| Medicaid | $3.04B-2.3% | $3.11B+1.3% | $3.07B+2.3% | $3B+1.6% | $2.95B+30.7% | |
| Medicare | $606M-13.1% | $697M+0.3% | $695M+3.1% | $674M-10.6% | $754M-0.9% | |
| Liability for Unpaid Claims and Claims Adjustment Expense, Claims Paid, Current Year by Business | ||||||
| Marketplace | $3.5B-3.2% | $3.61B+18.4% | $3.05B+22.4% | $2.49B+32.0% | $1.89B+14.6% | |
| Medicaid | $26.67B+0.5% | $26.54B+1.3% | $26.21B+0.8% | $26B+3.8% | $25.05B+0.4% | |
| Medicare | $5.37B+1.8% | $5.27B+5.8% | $4.98B+4.0% | $4.79B+6.8% | $4.48B+0.4% | |
| Other | $67M-16.3% | $80M+9.6% | $73M+43.1% | $51M+200% | $17M— | |
| Liability for Unpaid Claims and Claims Adjustment Expense, Claims Paid by Business | ||||||
| Marketplace | $3.94B+0.1% | $3.94B+17.2% | $3.36B+20.0% | $2.8B+26.5% | $2.21B+18.5% | |
| Medicaid | $29.71B+0.2% | $29.65B+1.3% | $29.28B+1.0% | $29B+3.5% | $28.01B+2.9% | |
| Medicare | $5.97B+0.1% | $5.97B+5.2% | $5.68B+3.9% | $5.46B+4.3% | $5.24B+0.2% | |
| Other | $76M-24.0% | $100M+20.5% | $83M+25.8% | $66M+113% | $31M— | |
| Prior years by Business | ||||||
| Marketplace | $9M-85.2% | $61M+24.5% | $49M— | —— | —— | |
| Other | -$3M— | $0— | $0— | $0— | $0— | |
| Gross Profit by Product | ||||||
| Medical margin | $3.32B-6.9% | $3.56B-10.1% | $3.97B-6.0% | $4.22B-0.9% | $4.26B+1.4% | |
| Service margin | $7M-22.2% | $9M-10.0% | $10M0.0% | $10M+11.1% | $9M+12.5% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Molina Healthcare break its business down?
- Molina Healthcare (MOH) reports premiums earned and service revenue by business across 4 parts — Marketplace, Medicaid, Medicare and Other. Each is extracted from the segment footnotes and tracked over time.
- Where does Molina Healthcare's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Molina Healthcare's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
