Oscar Health Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	11,701	9,178	5,863	3,964	1,839
Revenue Growth (YoY)	27.50%	56.54%	47.92%	115.57%	297.30%
Cost of Revenue	10,019	7,333	4,642	3,281	1,979
Gross Profit	1,682	1,845	1,221	682.84	-140.32
Selling, General & Admin	2,050	1,756	1,426	1,257	265.08
Depreciation & Amortization Expenses	28.89	32.15	30.69	15.28	-
Other Operating Expenses	-	-	-	-	139.09
Total Operating Expenses	2,079	1,788	1,456	1,273	404.16
Operating Income	-396.36	57.27	-235.62	-589.87	-544.48
Interest Expense	-17.6	-23.73	-24.6	-22.62	-4.72
Other Non-Operating Income (Expense)	-23.34	-0.11	-7.08	2.42	-21.38
Total Non-Operating Income (Expense)	-40.94	-23.84	-31.69	-20.21	-26.1
Pretax Income	-437.3	33.43	-267.3	-610.08	-570.58
Provision for Income Taxes	5.61	7.31	3.29	-0.52	0.85
Net Income	-443.15	25.43	-270.73	-606.28	-572.61
Minority Interest in Earnings	0.25	0.69	0.13	-3.28	1.18
Net Income to Common	-443.15	25.43	-270.73	-606.28	-572.61
Shares Outstanding (Basic)	262	240	222	212	179
Shares Outstanding (Diluted)	262	266	222	212	179
Shares Change (YoY)	-1.30%	19.94%	4.32%	18.72%	511.57%
EPS (Basic)	-1.69	0.11	-1.22	-2.85	-3.20
EPS (Diluted)	-1.69	0.10	-1.22	-2.85	-3.20
Free Cash Flow	1,058	950.3	-297.74	351.34	-207.63
Free Cash Flow Growth	11.38%	-	-	-	-
Free Cash Flow Per Share	4.03	3.57	-1.34	1.65	-1.16
Gross Margin	14.38%	20.10%	20.82%	17.23%	-7.63%
Operating Margin	-3.39%	0.62%	-4.02%	-14.88%	-29.61%
Profit Margin	-3.79%	0.28%	-4.62%	-15.38%	-31.08%
FCF Margin	9.05%	10.35%	-5.08%	8.86%	-11.29%
EBITDA	-367.47	89.41	-204.92	-574.58	-529.88
EBITDA Margin	-3.14%	0.97%	-3.50%	-14.50%	-28.82%
EBIT	-396.36	57.27	-235.62	-589.87	-544.48
EBIT Margin	-3.39%	0.62%	-4.02%	-14.88%	-29.61%
Effective Tax Rate	-1.28%	21.85%	-1.23%	0.09%	-0.15%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q