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

Molina Healthcare's (MOH) quarterly Operating Expenses came in at $10.7 billion in Q1 2026, little changed year-on-year from $10.7 billion in Q1 2025, and down 7.14% quarter-over-quarter from $11.5 billion in Q4 2025.

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 Q1 2026.

  • Operating Expenses for Q1 2026 came in at $10.7 billion, changed 0.01% year-over-year; the trailing twelve-month figure through Mar 2026 was $44.6 billion (up 11.19% YoY), and the FY2025 annual result 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.
  • The 5-year median for Operating Expenses is $9.5 billion (2024), against an average of $9.3 billion.
  • Across the five-year window, Operating Expenses climbed 23.54% in 2024 and dropped 0.01% in 2026, its largest moves.
  • Molina Healthcare's Operating Expenses stood at $7.6 billion in 2022, then grew by 15.02% 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 retreated by 7.14% to $10.7 billion in 2026.
  • The last three Operating Expenses figures came in at $10.7 billion (Q1 2026), $11.5 billion (Q4 2025), and $11.3 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Unitedhealth 363.95 Bn 334.15 Bn 98.90 Bn 102.73 Bn
2 Cvs Health 124.98 Bn 113.36 Bn 4.43 Bn 95.75 Bn
3 Elevance Health 85.46 Bn 50.04 Bn 13.88 Bn 47.88 Bn
4 Cigna 73.39 Bn 65.77 Bn -44.29 Bn 66.14 Bn
5 Humana 43.40 Bn 21.50 Bn 4.00 Bn 37.89 Bn
6 Centene 30.02 Bn 6.36 Bn 49.24 Bn 48.08 Bn
7 Molina Healthcare 9.92 Bn 668.90 Mn 1.53 Bn 10.71 Bn
8 Oscar Health 8.44 Bn 1.64 Bn -3.22 Bn 3.94 Bn
9 Alignment Healthcare 4.50 Bn 3.77 Bn 135.85 Mn 1.22 Bn
10 Clover Health Investments 2.61 Bn 2.41 Bn 154.54 Mn 721.86 Mn

Historic Data

Download Data
DateValue
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