FY2025 · ended Dec 31, 2025 · Revenue $45.43B, +11.7% YoY · Filed Feb 10, 2026
Molina Healthcare, Inc. (MOH) files with the SEC under industry code 6324, Hospital & Medical Service Plans. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $45.4 billion and net income of $472.0 million. Free cash flow was -$636.0 million. As of Sep 30, 2026 it held $8.6 billion in cash and investments and $4.0 billion in total debt.
Revenue (TTM)
$44.13B
-0.9% vs year-ago TTM
Net income (TTM)
$-48.00M
-105.4% vs year-ago TTM
Operating cash flow (TTM)
$331.00M
+171.8% vs year-ago TTM
Free cash flow (TTM)
$238.00M
+141.5% vs year-ago TTM
EPS (TTM)
$-0.94
-105.8% vs year-ago TTM
Dividend per share
None
Shares outstanding
51.50M
-7.2% vs prior year
Net cash
$4.63B
as of Sep 30, 2026
Operating margin
0.4%
FY 2026
Company profile
- Industry
- Hospital & Medical Service Plans (SIC 6324)
- Listed as
- MOH (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- Long Beach, CA
- SEC filer status
- Large accelerated filer
- SEC CIK
- 1179929
- Former names
- MOLINA HEALTHCARE INC (until Jul 3, 2019)
Other Hospital & Medical Service Plans companies
- Unitedhealth Group Inc UNH
- Elevance Health, Inc. ELV
- Cigna Group CI
- Humana Inc HUM
- Centene Corp CNC
- Oscar Health, Inc. OSCR
- Clover Health Investments, Corp. /DE CLOV
- Alignment Healthcare, Inc. ALHC
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $45.4B | $40.6B | $34.1B | $32.0B | $27.8B |
| Operating income | $781.0M | $1.7B | $1.6B | $1.2B | $1.0B |
| Net income | $472.0M | $1.2B | $1.1B | $792.0M | $659.0M |
| Diluted EPS | $8.92 | $20.42 | $18.77 | $13.55 | $11.25 |
| Operating cash flow | -$535.0M | $644.0M | $1.7B | $773.0M | $2.1B |
| Free cash flow | -$636.0M | $544.0M | $1.6B | $682.0M | $2.0B |
| Total assets | $15.6B | $15.6B | $14.9B | $12.3B | $12.2B |
| Total liabilities | $11.5B | $11.1B | $10.7B | $9.3B | $9.6B |
| Stockholders' equity | $4.1B | $4.5B | $4.2B | $3.0B | $2.6B |
| Cash and investments | $8.3B | $9.0B | $9.1B | $7.5B | $7.6B |
| Total debt | $4.0B | $3.2B | $2.5B | $2.5B | $2.5B |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q | Quarterly report | Oct 22, 2026 | Sep 30, 2026 |
| 8-K |
Current report
Results of operations
|
Oct 21, 2026 | Oct 21, 2026 |
| 10-Q | Quarterly report | Jul 23, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations
|
Jul 22, 2026 | Jul 22, 2026 |
| 8-K |
Current report
Regulation FD disclosure
|
Jun 10, 2026 | Jun 10, 2026 |
| 8-K |
Current report
Officer or director change, Bylaw or fiscal year change, Shareholder vote results
|
May 11, 2026 | May 6, 2026 |
All 1010 Molina Healthcare, Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.