Molina Healthcare — Jul 22, 2026 release

• Premium revenue was approximately $10.2 billion for the second quarter of 2026. • Second quarter 2026 GAAP income per diluted share was $1.19 and adjusted income per diluted share was $1.51. • The Company increased its full year 2026 adjusted earnings guidance by $0.25 to at least $5.25 per diluted share. “Our second quarter results and full year guidance reflect solid performance in our Medicaid and Medicare segments,” said Joseph Zubretsky, President and Chief Executive Officer. “The imbalance between Medicaid rates and medical cost trend appears to have stabilized and is well positioned to be corrected with future rate increases. This reinforces our belief that 2026 is the trough year for Medicaid pretax margins. We remain confident in our disciplined approach to medical cost management and believe the premium and EPS building blocks position us well for profitable growth in 2027.” -MORE- Molina Healthcare, Inc. Reports Second Quarter 2026 Financial Results Page 2 July 22, 2026 Premium Revenue Premium revenue was approximately $10.2 billion for the second quarter of 2026, a decrease of 6% year over year. The lower premium revenue reflects the impact of lower membership, partially offset by rate updates. Net Income GAAP net income for the second quarter of 2026 was $60 million, or $1.19 per diluted share, a decrease of 76% year over year. Adjusted net income for the second quarter of 2026 was $77 million, or $1.51 per diluted share, a decrease of 74% year over