Molina Healthcare (MOH) Operating Expenses (2010 - 2026)
Molina Healthcare recorded quarterly Operating Expenses of $10.7 billion in Q1 2026, down 7.14% quarter-over-quarter from $11.5 billion in Q4 2025, and little changed year-over-year from $10.7 billion in Q1 2025.
Molina Healthcare's Operating Expenses history runs 17 years deep, the most recent figure standing at $10.7 billion for Q1 2026.
- In Q1 2026, Operating Expenses changed 0.01% year-over-year to $10.7 billion; the TTM figure through Mar 2026 stood at $44.6 billion (up 11.19% 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 Q1 2026 at Molina Healthcare, down from $11.5 billion in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $11.5 billion in Q4 2025 to a low of $7.4 billion in Q1 2022.
- A 5-year average of $9.3 billion and a median of $9.5 billion in 2024 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses grew 23.54% in 2024 and declined 0.01% in 2026, its largest moves.
- Molina Healthcare's Operating Expenses stood at $7.6 billion in 2022, then increased by 15.02% to $8.7 billion in 2023, then gained by 15.88% to $10.1 billion in 2024, then rose by 14.01% to $11.5 billion in 2025, then decreased by 7.14% to $10.7 billion in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $10.7 billion, $11.5 billion, and $11.3 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 345.31 Bn | 315.51 Bn | 98.90 Bn | 102.73 Bn |
| 2 | Cvs Health | 115.41 Bn | 103.79 Bn | 4.43 Bn | 95.75 Bn |
| 3 | Elevance Health | 88.60 Bn | 53.18 Bn | 13.88 Bn | 47.88 Bn |
| 4 | Cigna | 72.05 Bn | 64.43 Bn | -44.29 Bn | 66.14 Bn |
| 5 | Humana | 39.05 Bn | 17.15 Bn | 4.00 Bn | 37.89 Bn |
| 6 | Centene | 30.50 Bn | 6.84 Bn | 49.24 Bn | 48.08 Bn |
| 7 | Molina Healthcare | 9.31 Bn | 60.65 Mn | 1.53 Bn | 10.71 Bn |
| 8 | Oscar Health | 6.86 Bn | 63.05 Mn | -3.22 Bn | 3.94 Bn |
| 9 | Alignment Healthcare | 2.69 Bn | 1.96 Bn | 135.85 Mn | 1.22 Bn |
| 10 | Progyny | 2.12 Bn | 1.90 Bn | 83.07 Mn | 47.69 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 7.59 Bn |
| Jun 30, 2022 | 7.69 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 |
| Mar 31, 2021 | 6.19 Bn |
| Dec 31, 2020 | 5.14 Bn |
| Sep 30, 2020 | 4.73 Bn |
| Jun 30, 2020 | 4.19 Bn |
| Mar 31, 2020 | 4.28 Bn |
| Dec 31, 2019 | 4.03 Bn |
| Sep 30, 2019 | 3.99 Bn |
| Jun 30, 2019 | 3.93 Bn |
| Mar 31, 2019 | 3.84 Bn |
| Dec 31, 2018 | 4.36 Bn |
| Sep 30, 2018 | 4.44 Bn |
| Jun 30, 2018 | 4.54 Bn |
| Mar 31, 2018 | 4.42 Bn |
| Dec 31, 2017 | 5.22 Bn |
| Sep 30, 2017 | 5.11 Bn |
| Jun 30, 2017 | 5.29 Bn |
| Mar 31, 2017 | 4.82 Bn |
| Dec 31, 2016 | 4.54 Bn |
| Sep 30, 2016 | 4.43 Bn |
| Jun 30, 2016 | 4.25 Bn |
| Mar 31, 2016 | 4.25 Bn |
| Dec 31, 2015 | 3.80 Bn |
| Sep 30, 2015 | 3.50 Bn |
| Jun 30, 2015 | 3.41 Bn |
| Mar 31, 2015 | 3.09 Bn |
| Dec 31, 2014 | 2.70 Bn |
| Sep 30, 2014 | 2.44 Bn |
| Jun 30, 2014 | 2.28 Bn |
| Mar 31, 2014 | 2.04 Bn |
| Dec 31, 2013 | 1.71 Bn |
| Sep 30, 2013 | 1.66 Bn |
| Jun 30, 2013 | 1.56 Bn |
| Mar 31, 2013 | 1.52 Bn |
| Dec 31, 2012 | 1.53 Bn |
| Sep 30, 2012 | 1.54 Bn |
| Jun 30, 2012 | 1.53 Bn |
| Mar 31, 2012 | 1.34 Bn |
| Dec 31, 2011 | 1.04 Bn |
| Sep 30, 2011 | 1.14 Bn |
| Jun 30, 2011 | 1.14 Bn |
| Mar 31, 2011 | 1.09 Bn |
| Dec 31, 2010 | 1.05 Bn |
| Sep 30, 2010 | 1.01 Bn |
| Jun 30, 2010 | 978.16 Mn |