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+43.1% | $4.49B+79.1% | $4.05B+71.5% | $3.51B+59.1% | $2.94B+40.9% | |
| Medicaid | $32.04B+2.6% | $32.24B+5.4% | $32.22B+10.6% | $31.87B+13.7% | $31.22B+14.6% | |
| Medicare | $6.28B+12.9% | $6.24B+12.5% | $5.98B+12.9% | $5.74B+15.3% | $5.57B+21.7% | |
| Other | $155M+42.2% | $177M+119% | $162M+105% | $142M+82.1% | $109M+41.6% | |
| Premium revenue by Business | ||||||
| Marketplace | $4.21B+43.1% | $4.49B+79.1% | $4.05B+71.5% | $3.51B+59.1% | $2.94B+40.9% | |
| Medicaid | $32.04B+2.6% | $32.24B+5.4% | $32.22B+10.6% | $31.87B+13.7% | $31.22B+14.6% | |
| Medicare | $6.28B+12.9% | $6.24B+12.5% | $5.98B+12.9% | $5.74B+15.3% | $5.57B+21.7% | |
| Other | $68M+162% | $90M— | $76M— | $57M— | $26M— | |
| Segment Expenses by Business | ||||||
| Marketplace | $3.85B+68.0% | $4.06B+115% | $3.53B+104% | $2.87B+76.1% | $2.29B+46.8% | |
| Medicaid | $29.55B+4.7% | $29.59B+7.2% | $29.3B+11.9% | $28.86B+15.0% | $28.22B+16.5% | |
| Medicare | $5.83B+17.6% | $5.76B+16.6% | $5.46B+16.8% | $5.18B+17.7% | $4.96B+20.2% | |
| Other | $136M+40.2% | $154M+111% | $141M+96.5% | $123M+77.0% | $97M+42.1% | |
| Service revenue by Business | ||||||
| Marketplace | $0— | $0— | $0— | $0— | $0— | |
| Medicaid | $0— | $0— | $0— | $0— | $0— | |
| Medicare | $0— | $0— | $0— | $0— | $0— | |
| Other | $87M+4.8% | $87M+7.4% | $86M+8.9% | $85M+9.0% | $83M+7.8% | |
| 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+8.1% | $78M+6.8% | $76M+5.9% | $75M+7.9% | $74M+8.4% | |
| Current year by Business | ||||||
| Marketplace | $3.84B+69.8% | $4B+112% | $3.48B+97.7% | $2.83B+68.2% | $2.26B+41.5% | |
| Medicaid | $29.65B+3.3% | $29.69B+5.3% | $29.47B+9.1% | $29.17B+12.1% | $28.7B+15.3% | |
| Medicare | $5.9B+17.1% | $5.81B+16.3% | $5.51B+15.0% | $5.26B+16.8% | $5.03B+20.3% | |
| Other | $59M+157% | $76M— | $65M— | $48M— | $23M— | |
| Liability for Unpaid Claims and Claims Adjustment Expense, Incurred Claims by Business | ||||||
| Marketplace | $3.85B+68.0% | $4.06B+115% | $3.53B+100% | $2.87B+71.0% | $2.29B+42.7% | |
| Medicaid | $29.55B+4.7% | $29.59B+7.2% | $29.3B+11.0% | $28.86B+13.5% | $28.22B+15.4% | |
| Medicare | $5.83B+17.6% | $5.76B+16.6% | $5.46B+15.8% | $5.18B+16.6% | $4.96B+19.4% | |
| Other | $56M+143% | $76M— | $65M— | $48M— | $23M— | |
| Liability for Claims and Claims Adjustment Expense by Business | ||||||
| Marketplace | $2.01B+70.3% | $2.02B+99.6% | $1.72B+74.3% | $1.38B+39.7% | $1.18B+27.4% | |
| Medicaid | $14.65B+1.1% | $14.39B-0.2% | $14.42B+1.6% | $14.62B+4.9% | $14.5B+8.0% | |
| Medicare | $2.83B-7.1% | $2.93B-5.3% | $2.96B+2.0% | $3.01B+13.2% | $3.05B+30.5% | |
| Other | $66M+144% | $83M— | $69M— | $51M— | $27M— | |
| Medical care costs by Business | ||||||
| Marketplace | $3.85B+68.0% | $4.06B+115% | $3.53B+104% | $2.87B+76.1% | $2.29B+46.8% | |
| Medicaid | $29.55B+4.7% | $29.59B+7.2% | $29.3B+11.9% | $28.86B+15.0% | $28.22B+16.5% | |
| Medicare | $5.83B+17.6% | $5.76B+16.6% | $5.46B+16.8% | $5.18B+17.7% | $4.96B+20.2% | |
| Other | $56M+143% | $76M— | $65M— | $48M— | $23M— | |
| Change in non-risk and other payables by Business | ||||||
| Marketplace | $0— | $0— | $0— | $0— | $0— | |
| Medicaid | $419M+406% | $37M+122% | -$221M— | $268M— | -$137M— | |
| Medicare | $1M-96.8% | $1M— | $0— | $63M— | $31M— | |
| Other | $0— | $0— | $0— | $0— | $0— | |
| Liability for Unpaid Claims and Claims Adjustment Expense, Claims Paid, Prior Years by Business | ||||||
| Marketplace | $448M+38.3% | $330M+50.0% | $312M+28.9% | $311M+37.0% | $324M+29.6% | |
| Medicaid | $3.04B+2.9% | $3.11B+37.7% | $3.07B+36.0% | $3B+32.1% | $2.95B+27.4% | |
| Medicare | $606M-19.6% | $697M-8.4% | $695M-7.2% | $674M-10.5% | $754M+9.0% | |
| Liability for Unpaid Claims and Claims Adjustment Expense, Claims Paid, Current Year by Business | ||||||
| Marketplace | $3.5B+85.2% | $3.61B+119% | $3.05B+101% | $2.49B+78.9% | $1.89B+42.6% | |
| Medicaid | $26.67B+6.4% | $26.54B+6.4% | $26.21B+9.9% | $26B+14.3% | $25.05B+15.1% | |
| Medicare | $5.37B+19.7% | $5.27B+18.1% | $4.98B+18.9% | $4.79B+28.1% | $4.48B+29.8% | |
| Other | $67M+294% | $80M— | $73M— | $51M— | $17M— | |
| Liability for Unpaid Claims and Claims Adjustment Expense, Claims Paid by Business | ||||||
| Marketplace | $3.94B+78.2% | $3.94B+111% | $3.36B+90.8% | $2.8B+72.8% | $2.21B+40.6% | |
| Medicaid | $29.71B+6.1% | $29.65B+9.0% | $29.28B+12.2% | $29B+15.9% | $28.01B+16.3% | |
| Medicare | $5.97B+14.1% | $5.97B+14.2% | $5.68B+14.9% | $5.46B+21.6% | $5.24B+26.3% | |
| Other | $76M+145% | $100M— | $83M— | $66M— | $31M— | |
| Prior years by Business | ||||||
| Marketplace | $9M— | $61M— | $49M— | —— | —— | |
| Other | -$3M— | $0— | $0— | $0— | $0— | |
| Gross Profit by Product | ||||||
| Medical margin | $3.32B-22.1% | $3.56B-15.1% | $3.97B-5.2% | $4.22B+3.0% | $4.26B+6.9% | |
| Service margin | $7M-22.2% | $9M+12.5% | $10M+37.9% | $10M+17.6% | $9M+2.9% |
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.
