Molina Healthcare Q3 2026 net income drops 52% year over year to $38 million
Bitget2026/10/21 20:25- Molina Healthcare’s third-quarter 2026 GAAP net income fell 52% year over year to $38 million, mainly due to higher consolidated MCR.
- Premium revenue declined year over year to $10.46 billion, reflecting lower Medicaid and Marketplace membership, partially offset by rate updates.
- Nine-month operating cash flow swung to an inflow of $629 million, mainly due to lower government receivable and payable settlements.
- The company will exit its traditional Medicare Advantage Prescription Drug product for 2027.
- Full-year 2026 guidance targets GAAP earnings of at least $2.38 per diluted share, with premium revenue unchanged at approximately $42 billion.
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