Molina Healthcare, Inc. (MOH) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 10.8B | 11.38B | 11.48B | 11.43B | 11.15B | 10.5B | 10.34B | 9.88B | 9.93B | 9.05B | 8.55B | 8.33B | 8.15B | 8.22B | 7.93B | 8.05B | 7.77B | 7.41B | 7.04B | 6.8B |
| Revenue Growth % | -3.15% | 8.34% | 11% | 15.66% | 12.24% | 16.04% | 20.96% | 18.65% | 21.87% | 10.03% | 7.83% | 3.39% | 4.88% | 10.99% | 12.6% | 18.44% | 19.14% | 41.53% | 40.21% | 47.25% |
| Cost of Goods Sold | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| COGS % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | 1.53B | 701M | 927M | 1.17B | 1.28B | 1.11B | 1.19B | 1.21B | 1.22B | 1.04B | 1.07B | 1.12B | 1.11B | 1B | 956M | 967M | 999M | 836M | 787M | 796M |
| Gross Margin % | 14.13% | 6.16% | 8.08% | 10.21% | 11.48% | 10.6% | 11.5% | 12.29% | 12.28% | 11.52% | 12.47% | 13.45% | 13.57% | 12.21% | 12.06% | 12.01% | 12.86% | 11.28% | 11.18% | 11.71% |
| Gross Profit Growth % | 19.22% | -37.02% | -22.04% | -3.87% | 4.92% | 6.81% | 11.54% | 8.39% | 10.31% | 3.78% | 11.51% | 15.82% | 10.71% | 20.1% | 21.47% | 21.48% | 16.03% | 42.42% | 15.23% | 0.51% |
| Operating Expenses | 1.35B | 863M | 790M | 794M | 847M | 733M | 722M | 780M | 794M | 726M | 707M | 677M | 651M | 899M | 621M | 606M | 627M | 645M | 566M | 523M |
| OpEx % of Revenue | 12.5% | 7.59% | 6.88% | 6.95% | 7.6% | 6.98% | 6.98% | 7.89% | 8% | 8.02% | 8.27% | 8.13% | 7.99% | 10.93% | 7.83% | 7.52% | 8.07% | 8.71% | 8.04% | 7.69% |
| Selling, General & Admin | 779M | 795M | 729M | 711M | 774M | 665M | 676M | 691M | 711M | 645M | 608M | 618M | 591M | 629M | 560M | 551M | 571M | 579M | 532M | 484M |
| SG&A % of Revenue | 7.22% | 6.99% | 6.35% | 6.22% | 6.94% | 6.33% | 6.54% | 6.99% | 7.16% | 7.13% | 7.11% | 7.42% | 7.25% | 7.65% | 7.06% | 6.84% | 7.35% | 7.81% | 7.56% | 7.12% |
| Research & Development | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Income | 176M | -162M | 137M | 373M | 433M | 380M | 467M | 434M | 426M | 316M | 359M | 443M | 455M | 105M | 335M | 361M | 372M | 191M | 221M | 273M |
| Operating Margin % | 1.63% | -1.42% | 1.19% | 3.26% | 3.88% | 3.62% | 4.52% | 4.39% | 4.29% | 3.49% | 4.2% | 5.32% | 5.58% | 1.28% | 4.23% | 4.48% | 4.79% | 2.58% | 3.14% | 4.01% |
| Operating Income Growth % | -59.35% | -142.63% | -70.66% | -14.06% | 1.64% | 20.25% | 30.08% | -2.03% | -6.37% | 200.95% | 7.16% | 22.71% | 22.31% | -45.03% | 51.58% | 32.23% | 11.04% | 109.89% | -23.53% | -35.61% |
| EBITDA | 215M | -118M | 182M | 431M | 481M | 428M | 514M | 480M | 471M | 359M | 401M | 485M | 499M | 152M | 380M | 405M | 412M | 226M | 253M | 304M |
| EBITDA Margin % | 1.99% | -1.04% | 1.59% | 3.77% | 4.32% | 4.08% | 4.97% | 4.86% | 4.74% | 3.97% | 4.69% | 5.82% | 6.12% | 1.85% | 4.79% | 5.03% | 5.3% | 3.05% | 3.59% | 4.47% |
| EBITDA Growth % | -55.3% | -127.57% | -64.59% | -10.21% | 2.12% | 19.22% | 28.18% | -1.03% | -5.61% | 136.18% | 5.53% | 19.75% | 21.12% | -32.74% | 50.2% | 33.22% | 11.96% | 96.52% | -18.91% | -31.69% |
| D&A (Non-Cash Add-back) | 39M | 44M | 45M | 58M | 48M | 48M | 47M | 46M | 45M | 43M | 42M | 42M | 44M | 47M | 45M | 44M | 40M | 35M | 32M | 31M |
| EBIT | 83M | -162M | 137M | 373M | 433M | 380M | 467M | 434M | 426M | 316M | 359M | 443M | 455M | 105M | 335M | 361M | 372M | 166M | 221M | 273M |
| Net Interest Income | -54M | -52M | -49M | -48M | -43M | -34M | -29M | -28M | -27M | -27M | -27M | -27M | -28M | -27M | -28M | -27M | -28M | -30M | -30M | -30M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 54M | 52M | 49M | 48M | 43M | 34M | 29M | 28M | 27M | 27M | 27M | 27M | 28M | 27M | 28M | 27M | 28M | 30M | 30M | 30M |
| Other Income/Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Pretax Income | 29M | -214M | 88M | 325M | 390M | 346M | 438M | 406M | 399M | 289M | 332M | 416M | 427M | 78M | 307M | 334M | 344M | 136M | 191M | 243M |
| Pretax Margin % | 0.27% | -1.88% | 0.77% | 2.84% | 3.5% | 3.3% | 4.24% | 4.11% | 4.02% | 3.19% | 3.88% | 5% | 5.24% | 0.95% | 3.87% | 4.15% | 4.43% | 1.84% | 2.71% | 3.57% |
| Income Tax | 15M | -54M | 9M | 70M | 92M | 95M | 112M | 105M | 98M | 73M | 87M | 107M | 106M | 22M | 77M | 86M | 86M | 33M | 48M | 58M |
| Effective Tax Rate % | 51.72% | 25.23% | 10.23% | 21.54% | 23.59% | 27.46% | 25.57% | 25.86% | 24.56% | 25.26% | 26.2% | 25.72% | 24.82% | 28.21% | 25.08% | 25.75% | 25% | 24.26% | 25.13% | 23.87% |
| Net Income | 14M | -160M | 79M | 255M | 298M | 251M | 326M | 301M | 301M | 216M | 245M | 309M | 321M | 56M | 230M | 248M | 258M | 103M | 143M | 185M |
| Net Margin % | 0.13% | -1.41% | 0.69% | 2.23% | 2.67% | 2.39% | 3.15% | 3.05% | 3.03% | 2.39% | 2.87% | 3.71% | 3.94% | 0.68% | 2.9% | 3.08% | 3.32% | 1.39% | 2.03% | 2.72% |
| Net Income Growth % | -95.3% | -163.75% | -75.77% | -15.28% | -1% | 16.2% | 33.06% | -2.59% | -6.23% | 285.71% | 6.52% | 24.6% | 24.42% | -45.63% | 60.84% | 34.05% | 13.16% | 202.94% | -22.7% | -32.97% |
| Net Income (Continuing) | 14M | -160M | 79M | 255M | 298M | 251M | 326M | 301M | 301M | 216M | 245M | 309M | 321M | 56M | 230M | 248M | 258M | 103M | 143M | 185M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.27 | -3.15 | 1.50 | 4.74 | 5.45 | 4.35 | 5.65 | 5.17 | 5.16 | 3.71 | 4.22 | 5.34 | 5.53 | 0.96 | 3.99 | 4.25 | 4.40 | 1.74 | 2.46 | 3.16 |
| EPS Growth % | -95.05% | -172.41% | -73.45% | -8.32% | 5.62% | 17.25% | 33.89% | -3.18% | -6.69% | 286.46% | 5.76% | 25.65% | 25.68% | -44.83% | 62.2% | 34.49% | 13.11% | 210.71% | -20.65% | -32.04% |
| EPS (Basic) | 0.27 | -3.15 | 1.51 | 4.76 | 5.47 | 4.37 | 5.66 | 5.20 | 5.20 | 3.72 | 4.24 | 5.36 | 5.53 | 0.97 | 3.99 | 4.29 | 4.45 | 1.78 | 2.49 | 3.20 |
| Diluted Shares Outstanding | 51M | 50.79M | 53.6M | 54.3M | 54.8M | 57.7M | 57.7M | 58.2M | 58.3M | 58.2M | 58.1M | 57.9M | 58M | 58.4M | 57.6M | 58.4M | 58.7M | 58.7M | 58.5M | 58.4M |
| Basic Shares Outstanding | 51M | 50.79M | 53.6M | 54.3M | 54.6M | 57.4M | 57.6M | 57.9M | 57.9M | 58M | 57.8M | 57.7M | 58M | 58M | 57.6M | 57.8M | 58M | 58M | 57.8M | 57.7M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |