Filing Flows › Molina Healthcare (MOH) › Q4 2025
Molina Healthcare (MOH) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 10, 2026
Molina Healthcare (MOH) reported revenue of $11.4B for the fourth quarter 2025 (Q4 2025), +8% from a year earlier and -0.9% from the quarter before. Operating margin was -1.4%, net loss $160M (1.4% of revenue).
Molina Healthcare, Q4 2025: revenue $11.4B (+8% year over year), operating margin -1.4%, net loss $160M, operating cash flow −$298M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $11.4B | -0.9% | +8% |
| Operating profit | −$162M | -218% | — |
| Net earnings | −$160M | -303% | — |
| Operating cash flow | −$298M | — | — |
What changed
Revenue was $11.4B in Q4 2025, up 8% year over year and down 1% from the previous quarter.
Operating costs exceeded revenue by $0.16B, an operating margin of -1.4%. Total costs grew 14% against revenue growth of 8%. The fastest-growing cost line was Other operating costs (+34%). The quarter ended with a net loss of $0.16B, after a profit of $0.08B the previous quarter.
Operating cash flow was −$0.30B. Non-cash charges added back $0.04B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items used $0.20B. Capital expenditures of −$1.0M exceeded it, leaving free cash flow of −$0.30B.
Questions
What was Molina Healthcare's revenue in the fourth quarter 2025?
Molina Healthcare (MOH) reported revenue of $11.4B for the fourth quarter 2025 (Q4 2025), +8% from a year earlier and -0.9% from the quarter before.
Was Molina Healthcare profitable in the fourth quarter 2025?
Operating loss was $162M (-1.4% of revenue) and net loss $160M.
Source: Molina Healthcare 10-K on SEC EDGAR.