Molina Healthcare, Inc. (MOH) Financials
Key financial figures for Molina Healthcare, Inc. (Q3 2026).
Molina reported Q3 2026 adjusted EPS of $0.89 (GAAP $0.73) on a 92.9% medical care ratio and reaffirmed full-year adjusted EPS guidance of at least $5.25. Premium revenue was $10,457 million, down about 4% from $10,841 million a year earlier, as lower Medicaid and Marketplace membership was partly offset by rate updates (per the release). GAAP net income was $38 million ($0.73 per diluted share) versus $79 million ($1.51); adjusted net income was $46 million ($0.89 per share) versus $97 million ($1.84). The company attributes the decline mainly to a higher consolidated MCR. Consolidated MCR was 92.9% versus 92.6% a year earlier. By segment: Medicaid 93.0% (92.0% a year ago), Medicare 93.0% (93.6%), Marketplace 92.5% (95.6%). On the outlook: Full-year 2026 premium revenue of approximately $42 billion (unchanged), adjusted earnings of at least $5.25 per diluted share (reaffirmed) and GAAP earnings of at least $2.38 per diluted share; the guidance includes a $1.50 per share loss from the Florida Medicaid contract implementation in Q4 2026 and a $1.00 per share loss from the traditional MAPD product being exited for 2027. Figures are for Q3 2026, as Molina Healthcare, Inc. reported them.
- Revenue
- $10.6B
- Net Income
- $38M
- EPS
- $0.74
- Total Assets
- $15.7B
- Operating Cash Flow
- -$159M
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q3 FY2026 | $10.6B | $38M | $0.73 | 1% | -$196M |
| Q2 FY2026 | $10.9B | $60M | $1.19 | 1.33% | -$324M |
| Q1 FY2026 | $10.8B | $14M | $0.27 | 0.77% | $1.1B |
| Q4 FY2025 | $11.4B | -$160M | -$2.77 | -1.42% | |
| Q3 FY2025 | $11.5B | $79M | $1.51 | 1.19% | -$163M |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $45.4B | $472M | $8.92 | 1.72% | -$636M |
| FY2024 | $40.6B | $1.2B | $20.42 | 4.2% | $544M |
| FY2023 | $34.1B | $1.1B | $18.77 | 4.62% | $1.6B |
Frequently asked questions
What was Molina Healthcare, Inc.'s revenue last quarter?
Molina Healthcare, Inc. reported revenue of $10.58 billion for Q3 FY2026, down 7.8% from the same period a year earlier.
Is Molina Healthcare, Inc. profitable?
Yes. Molina Healthcare, Inc. reported net income of $38.0 million for Q3 FY2026, a net margin of 0.36% on revenue.
How has Molina Healthcare, Inc.'s margin trended?
Operating margin was 1% in Q3 FY2026, compared with 1.19% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did Molina Healthcare, Inc. generate?
Molina Healthcare, Inc. generated free cash flow of -$196.0 million in Q3 FY2026, after capital expenditure.
Full income statement, balance sheet and cash flow for Molina Healthcare, Inc. on SentiSense, with up to forty quarters and twenty fiscal years of history.