Molina Healthcare (MOH) Operating Expenses (2010 - 2026)
Molina Healthcare (MOH) posted Operating Expenses of $10.7 billion for Q2 2026, little changed sequentially from $10.7 billion in Q1 2026, and down 2.94% YoY from $11.1 billion in Q2 2025.
Molina Healthcare (MOH) Operating Expenses (2010 - 2026) Analysis & Trends
Molina Healthcare has reported Operating Expenses for 17 years, with the latest figure at $10.7 billion in Q2 2026.
- Quarterly Operating Expenses fell 2.94% year-over-year to $10.7 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $44.3 billion (up 6.13% YoY) and the FY2025 annual result came in at $44.6 billion, up 14.64% from the prior year.
- Operating Expenses steadied at $10.7 billion in Q2 2026 per MOH's latest filing, from $10.7 billion in the prior quarter.
- Over five years, Operating Expenses peaked at $22.7 billion in Q3 2022 and troughed at $7.4 billion in Q1 2022.
- A 5-year average of $10.7 billion and a median of $10.1 billion in 2024 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses jumped 232.64% in 2022, then tumbled 63.9% in 2023.
- Over 5 years, Operating Expenses stood at $22.7 billion in 2022, then plunged by 61.5% to $8.7 billion in 2023, then advanced by 15.88% to $10.1 billion in 2024, then gained by 14.01% to $11.5 billion in 2025, then retreated by 7.0% to $10.7 billion in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $10.7 billion, $10.7 billion, and $11.5 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 346.93 Bn | 315.46 Bn | 36.67 Bn | 104.04 Bn |
| 2 | Cvs Health | 119.91 Bn | 105.95 Bn | 47.23 Bn | 101.39 Bn |
| 3 | Elevance Health | 86.25 Bn | 50.30 Bn | 13.45 Bn | 48.54 Bn |
| 4 | Humana | 45.69 Bn | 21.82 Bn | 5.50 Bn | 39.51 Bn |
| 5 | Centene | 31.66 Bn | 4.60 Bn | 14.55 Bn | 52.38 Bn |
| 6 | Molina Healthcare | 10.12 Bn | 1.21 Bn | 1.43 Bn | 10.73 Bn |
| 7 | Oscar Health | 9.48 Bn | 922.10 Mn | 1.09 Bn | 4.49 Bn |
| 8 | Alignment Healthcare | 2.69 Bn | 1.99 Bn | 180.96 Mn | 1.29 Bn |
| 9 | Clover Health Investments | 2.16 Bn | 1.92 Bn | 153.00 Mn | 715.17 Mn |
| 10 | Progyny | 2.03 Bn | 1.79 Bn | 89.30 Mn | 49.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |