Molina Healthcare Q3 EPS falls 73% on higher medical costs; revises 2025 view
Molina Healthcare reported third-quarter 2025 GAAP earnings of $1.51 per diluted share, down 73% from $5.65 a year earlier, and adjusted earnings of $1.84, down 69% from $6.01. Revenue rose, with total revenue of $11.5 billion against $10.3 billion, but the company cited higher medical cost trends, especially in Marketplace, and revised its full-year 2025 guidance to about $14.00 adjusted EPS.
Key points
- Q3 GAAP EPS was $1.51 versus $5.65 a year earlier; adjusted EPS was $1.84 versus $6.01.
- Total revenue was $11.5 billion versus $10.3 billion; premium revenue rose 12% year over year.
- Consolidated medical care ratio rose to 92.6% from 89.2%, with the Marketplace ratio at 95.6%.
- Full-year 2025 guidance: adjusted EPS about $14.00, GAAP EPS about $11.90, and premium revenue about $42.5 billion.
The filing
Written by AI on Nov 8, 2026, 12:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 22, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.