Molina Healthcare Q2 FY26 GAAP EPS drops 74% to $1.19; revenue falls 4.8% to $10.87 billion - MOH News | RalliesMolina Healthcare Q2 FY26 GAAP EPS drops 74% to $1.19; revenue falls 4.8% to $10.87 billion
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MOH• Quarterly results
- Molina Healthcare posted Q2 GAAP net income of $60 million, down 76% year over year; GAAP diluted EPS fell to $1.19.
- Adjusted net income dropped 74% to $77 million; adjusted diluted EPS slid to $1.51.
- Revenue declined 5% to $10.87 billion as premium revenue fell 6% to $10.24 billion on lower membership, partly offset by rate updates.
- Medical care ratio widened 1.8 percentage points to 92.2%, while the pre-tax margin narrowed to 0.8% from 2.8%.
- Raised full-year adjusted EPS guidance by $0.25 to at least $5.25; CEO Joseph Zubretsky said Medicaid rate-cost imbalance has stabilized.
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