Recent Updates — MOH

Molina Healthcare reported third-quarter GAAP net income of $38 million, or $0.73 per diluted share, a 52% decline from the prior year. Adjusted net income was $46 million, or $0.89 per diluted share, down 53% year over year due to a higher consolidated Medical Care Ratio (MCR) of 92.9%. Premium revenue fell 4% to approximately $10.5 billion as membership declined in Medicaid and Marketplace segments, partially offset by rate updates. The company reaffirmed its full-year 2026 guidance for premium revenue of approximately $42 billion and adjusted earnings of at least $5.25 per diluted share.

Molina Healthcare reported second quarter 2026 GAAP net income of $60 million, or $1.19 per diluted share, and adjusted net income of $77 million, or $1.51 per diluted share. The company increased its full-year 2026 adjusted earnings guidance to at least $5.25 per diluted share, up from previous guidance. Premium revenue for the quarter was $10.2 billion, a 6% year-over-year decrease. The company operates in the managed healthcare industry, providing services under Medicaid, Medicare, and state insurance marketplaces.

Molina Healthcare, Inc. announced on June 10, 2026, that the Illinois Department of Healthcare and Family Services intends to award a HealthChoice Illinois Medicaid Managed Care program contract to its subsidiary, Molina Healthcare of Illinois. Molina Healthcare, Inc. operates in the healthcare industry and provides managed care services for government-funded health programs.