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Operating Expense Breakdown
Details core costs like R&D, marketing, and admin, offering insight into how efficiently the company runs and where it’s prioritizing investment.Medical care costs are the clear growth engine of Molina’s expense base, rising much faster and dwarfing other line items—this is the key margin risk and suggests limited leverage from overhead cuts alone. A notable, persistent step-up in premium tax expense creates a new recurring headwind, while escalating G&A points to rising operating leverage. Episodic impairments show one-off downside risk to earnings. Watch management’s commentary on utilization trends, state Medicaid rates and tax assessments—those dictate whether margins stabilize or deteriorate further.
Date | General and Administrative | Depreciation and Amortization | Other | Impairment | Medical Care Costs | Premium Tax Expense |
|---|---|---|---|---|---|---|
Jun 30, 2026 | $724.00M | $40.00M | $20.00M | $0.00 | $9.44B | $505.00M |
Mar 31, 2026 | $779.00M | $39.00M | $28.00M | $93.00M | $9.27B | $504.00M |
Dec 31, 2025 | $795.00M | $44.00M | $24.00M | $0.00 | $10.14B | $538.00M |
Sep 30, 2025 | $729.00M | $45.00M | $16.00M | $0.00 | $10.04B | $506.00M |
Jun 30, 2025 | $711.00M | $58.00M | $25.00M | $0.00 | $9.83B | $431.00M |
Mar 31, 2025 | $774.00M | $48.00M | $25.00M | $0.00 | $9.48B | $388.00M |
Dec 31, 2024 | $665.00M | $48.00M | $20.00M | $0.00 | $9.00B | $383.00M |
Sep 30, 2024 | $676.00M | $47.00M | -$1.00M | $0.00 | $8.64B | $508.00M |
Jun 30, 2024 | $691.00M | $46.00M | $43.00M | $0.00 | $8.37B | $298.00M |
Mar 31, 2024 | $711.00M | $45.00M | $38.00M | $0.00 | $8.41B | $297.00M |