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Form 8-K · Current Report · Filed 2026-04-22

Molina Healthcare Reports Q1 2026 Results and Reaffirms Full-Year Guidance

Molina Healthcare, Inc. reported a decrease in first quarter 2026 premium revenue and net income per diluted share, driven by lower Medicaid membership and an impairment charge related to exiting the Medicare Advantage-Part D product for 2027. The company reaffirmed its full-year 2026 guidance for premium revenue of approximately $42 billion and adjusted earnings of at least $5.00 per diluted share. GAAP net income was $0.27 per diluted share, and adjusted net income was $2.35 per diluted share for the quarter.

Filer
Molina Healthcare Inc. MOH · NYSE
Filed
Accession
0001179929-26-000020
CIK
0001179929
Signal
High impactHealthcare

Items reported

Item events

Reported Item

Earnings Miss General Statement Restructuring Costs

Market reaction

Close before filing

$151.00

Next session

+15.7%

Since filing

+29.5%

Latest close

$195.62

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from MOH reporting the same item, with the next session's move:

Insider tape

Within 45 days of this filing, MOH insiders reported 3 Form 4 transactions — net selling of $3.4M.

Full MOH insider history →

About Molina Healthcare Inc.

Molina Healthcare Inc. is a managed care company that provides health plans to low-income individuals through government programs like Medicaid and Medicare. Initially founded in 1980 to operate primary care clinics in California, the company focuses on offering affordable healthcare services to underserved populations across the United States. Molina Healthcare specializes in managing healthcare needs for financially vulnerable segments, leveraging its expertise to accommodate the complexities of state-run health programs. Its services include Medicaid management, Medicare Advantage plans, and the Marketplace Exchange, addressing both preventative and emergent health care needs. Serving various demographic groups, Molina is instrumental in enhancing access to healthcare, particularly in regions where medical resources may be limited. In the financial markets, the company is recognized for navigating the intricacies of state and federal healthcare regulations while maintaining a commitment to economically sustainable growth. Molina’s business model not only helps shape public health policy but also plays a critical role in the broader healthcare ecosystem by promoting efficient resource allocation and contributing to the overall well-being of its members.

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