Molina Healthcare MOH
NYSE MOH
$199.61 +5.48 (+2.82%)
As of: Sep 10, 2026 · 12:58 PM EDT

Molina Healthcare (MOH) Operating Expenses (2010 - 2026)

Molina Healthcare's (MOH) quarterly Operating Expenses came in at $10.7 billion in Q2 2026, down 2.94% year-over-year from $11.1 billion in Q2 2025, and little changed quarter-over-quarter from $10.7 billion in Q1 2026.

Analysis

Molina Healthcare (MOH) Operating Expenses (2010 - 2026) Analysis & Trends

Molina Healthcare has disclosed Operating Expenses across 17 years of filings, most recently posting $10.7 billion for Q2 2026.

  • In Q2 2026, Operating Expenses fell 2.94% year-over-year to $10.7 billion; the TTM figure through Jun 2026 stood at $44.3 billion (up 6.13% YoY), while the FY2025 annual figure was $44.6 billion, up 14.64% from the prior year.
  • Operating Expenses came in at $10.7 billion for Q2 2026 at Molina Healthcare, roughly flat from $10.7 billion in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $22.7 billion in Q3 2022 to a low of $7.4 billion in Q1 2022.
  • Average Operating Expenses over 5 years is $10.7 billion, with a median of $10.1 billion recorded in 2024.
  • Year-over-year, Operating Expenses soared 232.64% in 2022 and slumped 63.9% in 2023.
  • Over 5 years, Operating Expenses stood at $22.7 billion in 2022, then slumped by 61.5% to $8.7 billion in 2023, then rose by 15.88% to $10.1 billion in 2024, then increased by 14.01% to $11.5 billion in 2025, then declined by 7.0% to $10.7 billion in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $10.7 billion in Q2 2026, $10.7 billion in Q1 2026, and $11.5 billion in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Unitedhealth 353.29 Bn 321.82 Bn 36.67 Bn 104.04 Bn
2 Cvs Health 121.98 Bn 108.03 Bn 47.23 Bn 101.39 Bn
3 Elevance Health 90.48 Bn 54.53 Bn 13.45 Bn 48.54 Bn
4 Cigna 73.79 Bn 66.53 Bn 14.97 Bn 68.99 Bn
5 Humana 48.45 Bn 24.58 Bn 5.50 Bn 39.51 Bn
6 Centene 32.71 Bn 5.65 Bn 14.55 Bn 52.38 Bn
7 Molina Healthcare 10.20 Bn 1.29 Bn 1.43 Bn 10.73 Bn
8 Oscar Health 9.71 Bn 1.16 Bn 1.09 Bn 4.49 Bn
9 Corvel 3.49 Bn 3.14 Bn - -
10 Alignment Healthcare 2.69 Bn 1.99 Bn 180.96 Mn 1.29 Bn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 10.73 Bn
Mar 31, 2026 10.71 Bn
Dec 31, 2025 11.54 Bn
Sep 30, 2025 11.34 Bn
Jun 30, 2025 11.05 Bn
Mar 31, 2025 10.71 Bn
Dec 31, 2024 10.12 Bn
Sep 30, 2024 9.87 Bn
Jun 30, 2024 9.45 Bn
Mar 31, 2024 9.51 Bn
Dec 31, 2023 8.73 Bn
Sep 30, 2023 8.19 Bn
Jun 30, 2023 7.88 Bn
Mar 31, 2023 7.69 Bn
Sep 30, 2022 22.68 Bn
Jun 30, 2022 15.09 Bn
Mar 31, 2022 7.40 Bn
Dec 31, 2021 7.22 Bn
Sep 30, 2021 6.82 Bn
Jun 30, 2021 6.53 Bn