HighGravityDataMolina Healthcare — Oct 22, 2025 release
Fiscal 2025 third-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001179929-25-000125
Showing in the filing
Adjusted earnings
“approximately $14.00 per diluted share”
Period
FY2025
Measure
Company-defined measure
Source
Prose
All guidance in this release · 24
Premium revenue for FY2025
“approximately $42.5 billion”
Adjusted earnings for FY2025
“approximately $14.00 per diluted share”
Adjusted Earnings per Diluted Share for FY2025
“approximately $14.00 per diluted share”
New Store Embedded Earnings for FY2026
“$8.65 per diluted share”
GAAP earnings per share for FY2025
“approximately $11.90 per diluted share”
Adjusted earnings for Q4 FY2025
“approximately $0.35 per diluted share”
Implied Fourth Quarter Adjusted Earnings per… for Q4 FY2025
“approximately $0.35 per diluted share”
Medicaid Contribution to Q4 Adjusted Earning… for Q4 FY2025
“approximately $3.00 per diluted share”
Medicare and Marketplace Offset to Q4 Adjust… for Q4 FY2025
“a loss of approximately $2.65 per diluted share”
Total Revenue for FY2025
“$44.5B”
GAAP Net Income for FY2025
“$630M”
Adjusted Net Income for FY2025
“$742M”
GAAP EPS - Diluted for FY2025
“~ $11.90”
Adjusted EPS - Diluted for FY2025
“~ $14.00”
Diluted weighted average shares for FY2025
“53.0M”
MCR - Medicaid for FY2025
“91.5%”
MCR - Medicare for FY2025
“91.3%”
MCR - Marketplace for FY2025
“89.7%”
GAAP G&A Ratio for FY2025
“6.6%”
Adjusted G&A Ratio for FY2025
“6.5%”
Effective Tax Rate for FY2025
“21.7%”
Adjusted Pre-tax Margin for FY2025
“2.1%”
Preliminary 2026 Outlook for Adjusted Earnin… for FY2026
“expected to approximate the full year 2025 guidance”
Marketplace Segment Earnings Outlook for FY2026
“reduced exposure to Marketplace, with segment earnings at least break even”
Exhibit 99.1 · the passage around this item
… earlier in the release
• Adjusted net income was $1.84 per diluted share for the third quarter of 2025. • The Company raised its premium revenue guidance to approximately $42.5 billion and now expects its full year 2025 adjusted earnings to be approximately $14.00 per diluted share. • New store embedded earnings remain at $8.65 per diluted share. -MORE- Molina Healthcare, Inc. Reports Third Quarter 2025 Financial Results Page 2 October 22, 2025 “Our Medicaid business continues to perform well in a challenging medical cost trend environment,” said Joseph Zubretsky, President and Chief Executive Officer. “The headline for the quarter is that approximately half of our underperformance is driven by the Marketplace business, and that Medicaid, while experiencing some pressure, is producing strong margins. We continue to grow, we believe the margin challenges will not persist, and we are encouraged by the margin improvement potential in 2026.” Premium Revenue Premium revenue was approximately $10.8 billion for the third quarter of 2025, an increase of 12% year over year. The higher premium revenue reflects recent acquisitions, rate increases, and growth in the Company’s current footprint. Net Income GAAP net income for the third quarter of 2025 was $1.51 per diluted share, a decrease of 73% year over year. Adjusted net income for the third quarter of 2025 was $1.84 per diluted share, a decrease of 69% year over year. Within that result, Medicaid contributed a gain
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.