Oscar Health, Inc. (OSCR)

NYSE: OSCR · Real-Time Price · USD

29.96

-0.51 (-1.67%)

At close: Aug 31, 2026, 4:00 PM EDT

29.97

+0.01 (0.03%)

After-hours: Aug 31, 2026, 6:23 PM EDT

Oscar Health Financials Overview

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

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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	15,319	11,701	9,178	5,863	3,964	1,894
Revenue Growth	42.82%	27.50%	56.54%	47.92%	109.27%	384.43%
Operating Income	629.72	-396.36	57.27	-235.62	-589.87	-544.48
Net Income	550.74	-443.15	25.43	-270.73	-606.28	-572.61
Earnings Per Share	1.91	-1.69	0.10	-1.22	-2.85	-3.20
EPS Growth	-	-	-	-	-	-

Revenue by Segment

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Net Premium	15,041	11,470	8,971	5,686	3,871	1,831
Investment Income	248.23	202.94	185.73	155.45	27.59	-
Services and Other	29.58	28.59	20.58	21.35	64.93	-
Revenue (Total)	15,319	11,701	9,178	5,863	3,964	1,839

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Cash & Investments	4,076	2,774	1,527	1,870	1,559	1,104
Total Debt	482.1	498.8	373.75	379.76	383	91.67
Net Cash (Debt)	3,594	2,275	1,153	1,491	1,176	1,012
Net Cash Growth	60.30%	97.27%	-22.62%	26.79%	16.13%	48.04%
Net Cash Per Share	12.27	8.67	4.34	6.72	5.53	5.66

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Operating Cash Flow	4,419	1,095	978.19	-272.16	380.35	-181.75
Capital Expenditures	-38.63	-36.37	-27.9	-25.58	-29.01	-25.89
Free Cash Flow	4,380	1,058	950.3	-297.74	351.34	-207.63
Free Cash Flow Growth	264.51%	11.38%	-	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Operating Margin	4.11%	-3.39%	0.62%	-4.02%	-14.88%	-28.75%
Pretax Margin	3.85%	-3.74%	0.36%	-4.56%	-15.39%	-30.13%
Profit Margin	3.60%	-3.79%	0.28%	-4.62%	-15.30%	-30.23%
FCF Margin	28.59%	9.05%	10.36%	-5.08%	8.86%	-10.96%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 31, 2026	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
PE Ratio	15.70	-	130.51	-	-	-
Forward PE	19.22	278.94	28.43	-	-	-
P/FCF Ratio	2.11	3.59	3.49	-	1.50	-
PS Ratio	0.60	0.33	0.36	0.35	0.13	0.87