Filing Flows › Molina Healthcare (MOH) › Q3 2025
Molina Healthcare (MOH) Q3 2025 earnings results (third quarter 2025)
10-Q filed Oct 23, 2025
Molina Healthcare (MOH) reported revenue of $11.5B for the third quarter 2025 (Q3 2025), +11% from a year earlier and +0.4% from the quarter before. Operating margin was 1.2%, net earnings $79.0M (0.7% of revenue).
Molina Healthcare, Q3 2025: revenue $11.5B (+11% year over year), operating margin 1.2%, net earnings $79.0M, operating cash flow −$125M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $11.5B | +0.4% | +11% |
| Operating profit | $137M | -63% | -71% |
| Net earnings | $79.0M | -69% | -76% |
| Operating cash flow | −$125M | — | — |
What changed
Revenue was $11.5B in Q3 2025, up 11% year over year and roughly flat from the previous quarter.
Operating profit was $0.14B, a 1.2% margin (down 3.3 points year over year). Operating profit fell $0.33B even though revenue rose $1.1B versus a year earlier, so costs grew faster than sales. Total costs grew 15% against revenue growth of 11%. The fastest-growing cost line was Cost of revenue (+16%). Net earnings were $0.08B, down 76% year over year. The effective tax rate was 10.2%.
Operating cash flow was −$0.12B. Non-cash charges added back $0.04B of depreciation and amortization. Working capital and other items used $0.25B. Capital expenditures of $0.04B exceeded it, leaving free cash flow of −$0.16B.
Questions
What was Molina Healthcare's revenue in the third quarter 2025?
Molina Healthcare (MOH) reported revenue of $11.5B for the third quarter 2025 (Q3 2025), +11% from a year earlier and +0.4% from the quarter before.
Was Molina Healthcare profitable in the third quarter 2025?
Operating profit was $137M (1.2% of revenue) and net earnings $79.0M.
Source: Molina Healthcare 10-Q on SEC EDGAR.