Molina Healthcare (MOH) Revenue & Revenue Breakdown

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Molina Healthcare Revenue Highlights

Latest Revenue (Y)

$40.65B

Latest Revenue (Q)

$20.99B

Main Segment (Y)

Medicaid Solutions Segment

Main Geography (Y)

Health Plans

Molina Healthcare Revenue by Period

Molina Healthcare Revenue by Year

Date	Revenue	Change
2024-12-31	$40.65B	19.31%
2023-12-31	$34.07B	6.56%
2022-12-31	$31.97B	15.13%
2021-12-31	$27.77B	42.98%
2020-12-31	$19.42B	15.41%
2019-12-31	$16.83B	-10.91%
2018-12-31	$18.89B	-4.99%
2017-12-31	$19.88B	12.26%
2016-12-31	$17.71B	25.86%
2015-12-31	$14.07B	45.57%
2014-12-31	$9.67B	46.71%
2013-12-31	$6.59B	9.29%
2012-12-31	$6.03B	26.39%
2011-12-31	$4.77B	16.74%
2010-12-31	$4.09B	11.35%
2009-12-31	$3.67B	17.90%
2008-12-31	$3.11B	24.87%
2007-12-31	$2.49B	24.31%
2006-12-31	$2.00B	21.51%
2005-12-31	$1.65B	40.40%
2004-12-31	$1.18B	48.10%
2003-12-31	$793.54M	23.18%
2002-12-31	$644.19M	27.85%
2001-12-31	$503.86M	52.95%
2000-12-31	$329.43M	77.34%
1999-12-31	$185.76M	-

Molina Healthcare generated $40.65B in revenue during NA 2024, up 19.31% compared to the previous quarter, and up 241.55% compared to the same period a year ago.

Molina Healthcare Revenue by Quarter

Date	Revenue	Change
2025-09-30	$20.99B	83.71%
2025-06-30	$11.43B	2.51%
2025-03-31	$11.15B	6.17%
2024-12-31	$10.50B	1.54%
2024-09-30	$10.34B	4.66%
2024-06-30	$9.88B	-0.51%
2024-03-31	$9.93B	9.76%
2023-12-31	$9.05B	5.85%
2023-09-30	$8.55B	2.65%
2023-06-30	$8.33B	2.18%
2023-03-31	$8.15B	-0.90%
2022-12-31	$8.22B	3.73%
2022-09-30	$7.93B	-1.58%
2022-06-30	$8.05B	3.66%
2022-03-31	$7.77B	4.87%
2021-12-31	$7.41B	5.24%
2021-09-30	$7.04B	3.53%
2021-06-30	$6.80B	4.26%
2021-03-31	$6.52B	24.58%
2020-12-31	$5.24B	4.26%
2020-09-30	$5.02B	8.73%
2020-06-30	$4.62B	1.52%
2020-03-31	$4.55B	6.43%
2019-12-31	$4.27B	0.73%
2019-09-30	$4.24B	1.19%
2019-06-30	$4.19B	1.80%
2019-03-31	$4.12B	-11.69%
2018-12-31	$4.66B	-0.70%
2018-09-30	$4.70B	-3.81%
2018-06-30	$4.88B	5.10%
2018-03-31	$4.65B	-6.12%
2017-12-31	$4.95B	-1.63%
2017-09-30	$5.03B	0.64%
2017-06-30	$5.00B	1.94%
2017-03-31	$4.90B	9.88%
2016-12-31	$4.46B	-1.83%
2016-09-30	$4.55B	4.29%
2016-06-30	$4.36B	0.37%
2016-03-31	$4.34B	12.39%
2015-12-31	$3.86B	7.15%
2015-09-30	$3.61B	2.43%
2015-06-30	$3.52B	11.14%
2015-03-31	$3.17B	13.21%
2014-12-31	$2.80B	12.74%
2014-09-30	$2.48B	7.45%
2014-06-30	$2.31B	11.73%
2014-03-31	$2.07B	21.37%
2013-12-31	$1.70B	1.08%
2013-09-30	$1.69B	5.06%
2013-06-30	$1.60B	0.95%
2013-03-31	$1.59B	1.00%
2012-12-31	$1.57B	2.15%
2012-09-30	$1.54B	0.25%
2012-06-30	$1.54B	11.86%
2012-03-31	$1.37B	5.14%
2011-12-31	$1.31B	11.02%
2011-09-30	$1.18B	0.82%
2011-06-30	$1.17B	4.23%
2011-03-31	$1.12B	3.60%
2010-12-31	$1.08B	4.00%
2010-09-30	$1.04B	3.98%
2010-06-30	$999.34M	3.37%
2010-03-31	$966.74M	0.26%
2009-12-31	$964.22M	5.21%
2009-09-30	$916.51M	-1.19%
2009-06-30	$927.59M	7.73%
2009-03-31	$861.03M	5.97%
2008-12-31	$812.50M	2.03%
2008-09-30	$796.33M	3.89%
2008-06-30	$766.49M	4.00%
2008-03-31	$737.04M	8.45%
2007-12-31	$679.63M	-

Molina Healthcare generated $20.99B in revenue during Q3 2025, up 83.71% compared to the previous quarter, and up 212.48% compared to the same period a year ago.

Molina Healthcare Revenue Breakdown

Molina Healthcare Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 24	Dec 22	Dec 21	Dec 20	Dec 19
Medicaid Solutions Segment	$30.58B	$25.78B	-	-	-
Other Segments	$81.00M	$71.00M	$14.00M	-	-
Marketplace	$2.51B	$2.30B	$3.09B	-	-
Medicare	$5.54B	$3.82B	$3.38B	-	-
Other Program	-	$71.00M	$70.00M	-	-
Medicaid	-	$25.78B	$21.23B	-	-
Marketplace Risk Corridor Settlement	-	-	-	$128.00M	-
Healthcare Insurer Fee Reimbursed	-	-	-	$271.00M	-
Service	-	-	-	-	-
Premium Tax Revenue	-	-	-	$649.00M	-
Health Care, Premium	-	-	-	$18.30B	-
Health Plans	-	-	-	-	$16.82B

Molina Healthcare's latest annual revenue breakdown by segment (product or service), as of Dec 24: Medicaid Solutions Segment (79.00%), Medicare (14.32%), Marketplace (6.47%), and Other Segments (0.21%).

Quarterly Revenue by Product

Product/Service	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20
Marketplace	$1.20B	$1.20B	$1.00B	$612.00M	$672.00M	$641.00M	$581.00M	$507.00M	$524.00M	$497.00M	$556.00M	$575.00M	$549.00M	$616.00M	$867.00M	$793.00M	$751.00M	$680.00M	-	-
Other Segments	$40.00M	$53.00M	$48.00M	$21.00M	$20.00M	$20.00M	$20.00M	$18.00M	$18.00M	$17.00M	$1.00M	$1.00M	-	-	-	-	-	-	-	-
Medicaid Solutions Segment	$8.02B	$8.03B	$8.13B	$6.68B	$8.26B	$7.76B	$7.87B	-	-	-	-	-	-	-	-	-	-	-	-	-
Medicare	$1.61B	$1.61B	$1.47B	$1.24B	$1.39B	$1.46B	$1.46B	$1.05B	$1.05B	$1.06B	$957.00M	$955.00M	$963.00M	$949.00M	$877.00M	$875.00M	$822.00M	$805.00M	-	-
Medicaid	-	-	-	-	-	-	-	$6.98B	$6.73B	$6.58B	$6.69B	$6.38B	$6.52B	$6.19B	-	-	-	-	-	-
Other Program	-	-	-	-	-	-	-	$19.00M	$20.00M	$18.00M	$18.00M	$17.00M	$18.00M	$18.00M	-	-	-	-	-	-
Health Plans	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$5.35B	$5.21B	$5.02B	$5.23B	$5.02B

Molina Healthcare's latest quarterly revenue breakdown by segment (product or service), as of Sep 25: Medicaid Solutions Segment (73.79%), Medicare (14.82%), Marketplace (11.02%), and Other Segments (0.37%).

Molina Healthcare Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 18
Health Plans	$2.36B

Molina Healthcare's latest annual revenue breakdown by geography, as of Dec 18: Health Plans (100.00%).

Quarterly Revenue by Country

Country	Dec 18
Health Plans	-

Molina Healthcare Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
MOH	Molina Healthcare	$40.65B	$20.99B
DVA	DaVita	$12.82B	$3.38B
ELAN	Elanco Animal Health	$4.44B	$1.24B
ENSG	Ensign Group	$4.26B	$1.23B
ALGN	Align	$4.00B	$1.01B
MRNA	Moderna	$3.24B	$143.00M
BMRN	BioMarin Pharmaceutical	$2.85B	$776.13M
RVTY	Revvity	$2.76B	$720.28M
EXEL	Exelixis	$2.17B	$568.26M
QGEN	Qiagen	$1.97B	$458.80M
PEN	Penumbra	$1.19B	$339.45M

MOH Revenue FAQ

What is Molina Healthcare’s yearly revenue?

Molina Healthcare's yearly revenue for 2024 was $40.65B, representing an increase of 19.31% compared to 2023. The company's yearly revenue for 2023 was $34.07B, representing an increase of 6.56% compared to 2022. MOH's yearly revenue for 2022 was $31.97B, representing an increase of 15.13% compared to 2021.

What is Molina Healthcare’s quarterly revenue?

Molina Healthcare's quarterly revenue for Q3 2025 was $20.99B, a 83.71% increase from the previous quarter (Q2 2025), and a 103.03% increase year-over-year (Q3 2024). The company's quarterly revenue for Q2 2025 was $11.43B, a 2.51% increase from the previous quarter (Q1 2025), and a 15.66% increase year-over-year (Q2 2024). MOH's quarterly revenue for Q1 2025 was $11.15B, a 6.17% increase from the previous quarter (Q4 2024), and a 12.24% increase year-over-year (Q1 2024).

What is Molina Healthcare’s revenue growth rate?

Molina Healthcare's revenue growth rate for the last 3 years (2022-2024) was 27.13%, and for the last 5 years (2020-2024) was 109.29%.

What are Molina Healthcare’s revenue streams?

Molina Healthcare's revenue streams in c 24 are Medicaid Solutions Segment, Other Segments, Marketplace, and Medicare. Medicaid Solutions Segment generated $30.58B in revenue, accounting 79.00% of the company's total revenue, up 18.60% year-over-year. Other Segments generated $81M in revenue, accounting 0.21% of the company's total revenue, up 14.08% year-over-year. Marketplace generated $2.51B in revenue, accounting 6.47% of the company's total revenue, up 9.15% year-over-year. Medicare generated $5.54B in revenue, accounting 14.32% of the company's total revenue, up 44.93% year-over-year.

What is Molina Healthcare’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Molina Healthcare was Medicaid Solutions Segment. This segment made a revenue of $30.58B, representing 79.00% of the company's total revenue.