Molina Q2 FY26 net income drops 76% to $60 million; revenue falls 4.84% to $10.87 billion

Reuters2026/07/23 14:22

By:Reuters

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Molina Healthcare posted net income of USD 60 million in Q2 2026, down 76% from a year earlier; diluted EPS fell to USD 1.19.
Revenue slipped 4.84% to USD 10.87 billion, while the medical care ratio widened 1.8 percentage points to 92.2%.
Operating income dropped 61.13% to USD 145 million; general and administrative expense ratio rose 0.5 percentage point to 6.7%.
Membership ended at 4,926,000, down 14% year over year, driven by Medicaid contraction, Virginia contract expiration, and Marketplace pullback.
Management reiterated plans to exit the MAPD product in 2027 after a USD 93 million intangible-asset impairment recorded earlier in 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Molina Healthcare Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001179929-26-000039), on July 23, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Molina Q2 FY26 net income drops 76% to $60 million; revenue falls 4.84% to $10.87 billion

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