Quick Answer
Molina Healthcare reported $45.426B in 2025 revenue, $43.052B in premium revenue, and $472M in net income. The company served about 5.5M members across 21 states and is led by Joseph M. Zubretsky.
Business Model
Molina earns most of its revenue from Medicaid, Medicare, and Marketplace premium payments. Its profitability depends on rate adequacy, medical cost management, risk adjustment, and state contract execution.
Competitive Position
Molina competes with larger insurers but has a focused government-program identity that can help in Medicaid procurement and local plan operations.
