Industry
Big Five Medicaid MCOs Report Q2 2026 Earnings Results
The five largest publicly-traded Medicaid managed care organizations — Centene, CVS Health/Aetna, Elevance Health, Molina Healthcare, and UnitedHealth Group — have released second-quarter 2026 financial results. These companies collectively serve approximately half of all Medicaid enrollees nationwide. The earnings reports provide insight into revenue trends, medical loss ratios, enrollment changes, and profitability across the Medicaid managed care sector during the quarter ending June 30, 2026.
Why it mattersQuarterly earnings from the dominant market players signal broader financial and operational trends affecting capitation rate negotiations, plan participation decisions, and competitive dynamics in state Medicaid programs.