Oscar Health, Inc. (OSCR)

Oscar Health Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	-244.09	25.43	-270.73	-606.28	-572.61	-406.83
Depreciation & Amortization	30.25	32.15	30.69	15.28	14.61	11.29
Other Amortization	0.97	0.78	0.78	0.71	0.33	0.33
Gain (Loss) on Sale of Investments	-30.99	-26.88	-29.37	2.48	8.03	2.59
Stock-Based Compensation	95.42	109.82	159.68	112.33	86.3	35.87
Change in Accounts Receivable	-121.3	-114.32	-13.41	-81.05	-66.95	-35.25
Reinsurance Recoverable	113.93	-50.34	651.69	-460.9	147.4	-63.33
Change in Accounts Payable	146.29	152.77	-29.18	57.81	98.62	75.8
Change in Unearned Revenue	10.99	8.47	-13.08	3.95	3.14	46.6
Change in Insurance Reserves / Liabilities	-1.44	-5.78	1.56	-25.03	-55.33	71.82
Change in Other Net Operating Assets	839.85	867.74	-423.05	1,138	258.89	569.27
Other Operating Activities	-3.44	-1.67	0.26	-2.17	33.9	3.79
Operating Cash Flow	769.77	978.19	-272.16	380.35	-181.75	222.73
Capital Expenditures	-34.13	-27.9	-25.58	-29.01	-25.89	-14.02
Investment in Securities	-192.89	-1,363	605.04	-198.62	-755.31	-329.45
Other Investing Activities	3.21	3.93	-2.28	1.12	6.68	-1.24
Investing Cash Flow	-223.8	-1,387	577.19	-226.52	-774.52	-344.71
Long-Term Debt Issued	-	-	-	305	-	147
Total Debt Repaid	-34.44	-	-	-	-153.17	-
Net Debt Issued (Repaid)	375.56	-	-	305	-153.17	147
Issuance of Common Stock	46.01	68.39	6.45	3.15	1,407	93.88
Repurchases of Common Stock	-4.04	-	-	-	-	-
Issuance of Preferred Stock	-	-	-	-	-	375.67
Other Financing Activities	-22.68	-	-	-7.04	-15.21	-4.84
Financing Cash Flow	394.86	68.39	6.45	301.11	1,239	611.71
Net Cash Flow	940.83	-340.85	311.47	454.94	282.45	489.73
Free Cash Flow	735.64	950.3	-297.74	351.34	-207.63	208.71
Free Cash Flow Margin	6.52%	10.36%	-5.08%	8.86%	-10.96%	53.38%
Free Cash Flow Per Share	2.90	3.58	-1.34	1.65	-1.16	7.13
Cash Interest Paid	22.73	33.69	23.16	10.08	4.26	-
Cash Income Tax Paid	17.54	0.67	2.41	1.89	0.7	1.53
Levered Free Cash Flow	515.9	1,043	567.79	-230.88	-253.85	320.28
Unlevered Free Cash Flow	530.38	1,058	582.39	-217.46	-251.23	322.15
Change in Working Capital	944.47	838.86	-192.09	855	247.7	575.7

Updated Nov 6, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q