Molina Healthcare, Inc. (MOH) Revenue by Segment

Molina Healthcare revenue by segment at a glance

In Q2 fiscal 2026 (the quarter ended June 30, 2026), Molina Healthcare's largest business segment was Medicaid, with $8.05 billion or 78% of revenue, up 0.2% from a year earlier. Next: Medicare (15%), Marketplace (6%) and Other Program (under 1%).

The fastest-growing business segment from a year earlier was Medicaid (+0.2%).

From company filings, in USD; latest quarter ended June 30, 2026; quarterly data from Q3 fiscal 2017.

Molina Healthcare, Inc.

MOHHealthcare

United States

Healthcare

Revenue breakdown

Fiscal quarters, from company filings

Segments by quarter (USD)

Click a bar to see that period below. Striped bars are calculated fourth quarters; an empty slot means it could not be calculated on the same basis i

MedicaidHealth PlansMedicareMarketplaceReconciling itemsOther ProgramOther OperatingAll other segments

Q2 FY26 breakdown

Fiscal quarter ended Jun 30, 2026

Item	Revenue	Share	vs year before
Medicaid	USD 8.05B	78.4%	+0.2%
Medicare	USD 1.56B	15.2%	-2.7%
Marketplace	USD 628.00M	6.1%	-47.7%
Other Program	USD 26.00M	0.3%	-50.9%

Sum of items USD 10.27B. Shares are of the items shown. Click an item with › to see its parts.

Also reported by:

All periods

Every item and period in one grid. Purple = calculated; "–" = not available.

Item	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24	Q1 FY24	Q4 FY23	Q3 FY23	Q2 FY23	Q1 FY23	Q4 FY22	Q3 FY22	Q2 FY22	Q1 FY22	Q4 FY21	Q3 FY21	Q2 FY21	Q1 FY21	Q4 FY20	Q3 FY20	Q2 FY20	Q1 FY20	Q4 FY19	Q3 FY19	Q2 FY19	Q1 FY19	Q4 FY18	Q3 FY18	Q2 FY18	Q1 FY18	Q4 FY17	Q3 FY17
Medicaid	8.0B	7.9B	8.1B	8.0B	8.0B	8.1B	8.0B	8.3B	7.8B	7.9B	7.4B	7.0B	6.7B	6.6B	6.7B	6.4B	6.5B	6.2B	5.6B	5.4B	5.2B	5.0B	–	–	–	–	–	–	–	–	–	–	–	–	–	47.0M
Health Plans	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	4.0B	3.6B	3.5B	–	4.2B	4.2B	4.1B	–	4.6B	4.8B	4.5B	–	4.9B
Medicare	1.6B	1.5B	1.5B	1.6B	1.6B	1.5B	1.3B	1.4B	1.5B	1.5B	1.1B	1.0B	1.1B	1.1B	957.0M	955.0M	963.0M	949.0M	877.0M	875.0M	822.0M	805.0M	–	636.0M	634.0M	639.0M	–	–	–	–	–	–	–	–	–	–
Marketplace	628.0M	724.0M	1.1B	1.2B	1.2B	1.0B	650.0M	672.0M	641.0M	581.0M	534.0M	507.0M	524.0M	497.0M	556.0M	575.0M	549.0M	616.0M	867.0M	793.0M	751.0M	680.0M	–	389.0M	373.0M	393.0M	–	–	–	–	–	–	–	–	–	–
Reconciling items	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	230.0M	242.0M	189.0M	–	124.0M
Other Program	26.0M	26.0M	36.0M	40.0M	53.0M	48.0M	21.0M	20.0M	20.0M	20.0M	19.0M	19.0M	20.0M	18.0M	18.0M	17.0M	18.0M	18.0M	17.0M	18.0M	18.0M	17.0M	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Other Operating	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	132.0M	131.0M	137.0M	–	85.0M
All other segments	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	4.0M	3.0M	2.0M	–	–	–	–	–	–

Molina Healthcare revenue by business segment, last 4 quarters

Business segment	Q2 FY26	Q1 FY26	Q3 FY25	Q2 FY25	Share
Medicaid	$8.0B	$7.9B	$8.0B	$8.0B	78%
Medicare	$1.6B	$1.5B	$1.6B	$1.6B	15%
Marketplace	$628.0M	$724.0M	$1.2B	$1.2B	6%
Other Program	$26.0M	$26.0M	$40.0M	$53.0M	under 1%

In USD, fiscal quarters as reported; share = part of Q2 FY26 revenue.

Questions and answers

What are Molina Healthcare's business segments?

Medicaid, Medicare, Marketplace and Other Program (as reported for Q2 fiscal 2026).

Which business segment makes the most money for Molina Healthcare?

Medicaid: $8.05 billion, or 78% of revenue, in Q2 fiscal 2026.

MoreMolina Healthcare stock overview Molina Healthcare financials Molina Healthcare executive team Molina Healthcare shareholders

Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.