Molina Healthcare (MOH) Cost of Revenue (2010 - 2026)
Molina Healthcare (MOH) posted quarterly Cost of Revenue of $9.4 billion for Q2 2026, down 3.96% year-on-year from $9.8 billion in Q2 2025, and up 1.83% on a QoQ basis from $9.3 billion in Q1 2026.
Molina Healthcare (MOH) Cost of Revenue (2010 - 2026) Analysis & Trends
Molina Healthcare (MOH) has reported Cost of Revenue for 17 consecutive years, with $9.4 billion the latest figure, recorded in Q2 2026.
- Quarterly Cost of Revenue fell 3.96% year-over-year to $9.4 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $38.9 billion (up 5.24% YoY) and the FY2025 annual result came in at $39.5 billion, up 14.7% from the prior year.
- Cost of Revenue advanced to $9.4 billion in Q2 2026 per MOH's latest filing, from $9.3 billion in the prior quarter.
- Over the last five years, Cost of Revenue for MOH reached as high as $20.2 billion in Q3 2022 and fell as low as $6.6 billion in Q1 2022.
- A 5-year average of $9.5 billion and a median of $9.0 billion in 2024 frame the typical range for Cost of Revenue.
- Annual changes were most pronounced in 2022 — Cost of Revenue soared 233.66% — and 2023, when it sank 63.8%.
- Year by year, Cost of Revenue stood at $20.2 billion in 2022, then plunged by 63.07% to $7.5 billion in 2023, then increased by 20.78% to $9.0 billion in 2024, then increased by 12.58% to $10.1 billion in 2025, then fell by 6.87% to $9.4 billion in 2026.
- According to Business Quant data, Cost of Revenue over the past three periods registered $9.4 billion, $9.3 billion, and $10.1 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 378.05 Bn | 346.83 Bn | 38.23 Bn | 73.49 Bn |
| 2 | Cvs Health | 136.47 Bn | 124.66 Bn | 22.85 Bn | 10.94 Bn |
| 3 | Elevance Health | 81.93 Bn | 45.98 Bn | 35.79 Bn | 5.49 Bn |
| 4 | Cigna | 76.59 Bn | 68.73 Bn | -44.29 Bn | 54.10 Bn |
| 5 | Humana | 45.95 Bn | 23.98 Bn | 5.94 Bn | 33.71 Bn |
| 6 | Centene | 31.19 Bn | 7.45 Bn | 43.95 Bn | 702.00 Mn |
| 7 | Molina Healthcare | 10.26 Bn | 1.34 Bn | 1.43 Bn | 9.44 Bn |
| 8 | Oscar Health | 8.47 Bn | 1.67 Bn | 1.42 Bn | 3.23 Bn |
| 9 | Alignment Healthcare | 3.84 Bn | 3.11 Bn | 144.48 Mn | 1.09 Bn |
| 10 | Progyny | 2.56 Bn | 2.34 Bn | 83.07 Mn | 245.43 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 9.44 Bn |
| Jun 30, 2026 | 9.44 Bn |
| Mar 31, 2026 | 9.27 Bn |
| Mar 31, 2026 | 9.27 Bn |
| Dec 31, 2025 | 10.14 Bn |
| Dec 31, 2025 | 10.14 Bn |
| Sep 30, 2025 | 10.04 Bn |
| Sep 30, 2025 | 10.04 Bn |
| Jun 30, 2025 | 9.83 Bn |
| Jun 30, 2025 | 9.83 Bn |
| Mar 31, 2025 | 9.48 Bn |
| Mar 31, 2025 | 9.48 Bn |
| Dec 31, 2024 | 9.00 Bn |
| Dec 31, 2024 | 9.00 Bn |
| Sep 30, 2024 | 8.64 Bn |
| Sep 30, 2024 | 8.64 Bn |
| Jun 30, 2024 | 8.37 Bn |
| Jun 30, 2024 | 8.37 Bn |
| Mar 31, 2024 | 8.41 Bn |
| Mar 31, 2024 | 8.41 Bn |