Quarterly ResultApr 22, 2026, 04:22 PM
Molina Healthcare Q1 2026 Adjusted EPS $2.35, Reaffirms FY26 Guidance
AI Summary
Molina Healthcare reported its first quarter 2026 financial results, with GAAP income per diluted share of $0.27 and adjusted income per diluted share of $2.35. These figures represent significant year-over-year decreases, primarily due to a $93 million intangible asset impairment and lower Medicaid and Marketplace membership. Despite the declines, 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, citing disciplined medical cost management and moderately favorable medical cost trends.
Key Highlights
- Q1 2026 GAAP EPS was $0.27, down 95% year-over-year.
- Q1 2026 adjusted EPS was $2.35, down 61% year-over-year.
- Premium revenue for Q1 2026 was $10.2 billion, a 4% decrease.
- Company reaffirmed full year 2026 premium revenue guidance of $42 billion.
- Reaffirmed full year 2026 adjusted earnings guidance of at least $5.00 per diluted share.