MOLINA HEALTHCARE, INC. (MOH) Form 8-K — Oct 21, 2026
Molina Healthcare reported Q3 2026 GAAP EPS of $0.73 and adjusted EPS of $0.89, down roughly 52% year over year, as the consolidated medical care ratio rose to 92.9% from 92.6%. Premium revenue fell 4% to approximately $10.5 billion on lower Medicaid and Marketplace membership. The company reaffirmed full-year 2026 guidance of roughly $42 billion in premium revenue and adjusted EPS of at least $5.25, with management citing a plateau in medical cost trend and stronger 2027 rate updates.
Key figures
- Eps
- 0.73
- Revenue
- 11082000000
- Guidance
- Full year 2026 premium revenue ~$42 billion; GAAP EPS at least $2.38; adjusted EPS at least $5.25 (reaffirmed), including a $1.50/share Q4 loss from the new Florida Medicaid contract and a $1.00/share loss from the MAPD product being exited in 2027.
- Net Income
- 38000000
- Total Debt
- 3771000000
- Revenue Yoy
- -4% premium revenue
- Total Assets
- 15652000000
- Cash Position
- 4479000000
- Shares Outstanding
- 52000000
- Members
- 4862000
- Adjusted eps q3
- 0.89
- Medicaid mcr q3
- 93.0%
- Medicare mcr q3
- 93.0%
- Mcr prior year q3
- 92.6%
- Marketplace mcr q3
- 92.5%
- Medical care ratio q3
- 92.9%
- Days in claims payable
- 44
- Gaap eps prior year q3
- 1.51
- Parent company cash musd
- 608
- Adjusted net income q3 musd
- 46
- Operating cash flow 9m musd
- 629
AI analysis
Red flags5 · Pro
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.