Quarterly ResultApr 23, 2026, 10:21 AM
Molina Healthcare Q1 Net Income Plunges to $14M, EPS $0.27
AI Summary
Molina Healthcare reported a significant decline in its first-quarter 2026 financial results. Net income plummeted to $14 million, a sharp decrease from $298 million in the prior year's quarter. Basic net income per share also fell drastically to $0.27 from $5.47, primarily impacted by a $93 million impairment charge. Total revenue for the quarter was $10,796 million, down from $11,147 million year-over-year.
Key Highlights
- Q1 2026 Net Income: $14 million, down from $298 million in Q1 2025.
- Q1 2026 Basic EPS: $0.27, down from $5.47 in Q1 2025.
- Q1 2026 Total Revenue: $10,796 million, down from $11,147 million in Q1 2025.
- Q1 2026 Operating Income: $83 million, down from $433 million in Q1 2025.
- Impairment charge of $93 million recorded in Q1 2026.
Price Impact
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