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
Download Data
Historic 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 |