Oscar Health, Inc. logo OSCR - Oscar Health, Inc.

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 2
HOLD 7
SELL 2
STRONG
SELL
0
| PRICE TARGET: $18.75 DETAILS
HIGH: $21.00
LOW: $16.00
MEDIAN: $19.00
CONSENSUS: $18.75
DOWNSIDE: 17.18%
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1
Revenue
Revenue 4,647.2 2,805.2 2,986.0 2,863.9 3,046.3 2,392.4 2,423.5 2,219.3 2,142.8 1,431.6 1,440.0 1,522.1 1,469.7 1,037.7 1,018.5 1,058.3 1,011.1 520.3 462.2 549.7 388.7 187.6 133.3 145.6 123.1
Cost of Revenue 3,229.9 2,620.1 2,586.3 2,553.0 2,259.7 2,065.1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Gross Profit 1,417.3 185.2 399.7 311.0 786.6 327.3 2,423.5 2,219.3 2,142.8 1,431.6 1,440.0 1,522.1 1,469.7 1,037.7 1,018.5 1,058.3 1,011.1 520.3 462.2 549.7 388.7 187.6 133.3 145.6 123.1
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 706.2 511.0 0 0 0 0 459.5 435.1 394.7 85.6 325.8 337.8 397.0 75.8 78.6 80.8 74.7 89.8 60.0 51.2 64.6 62.3 36.5 36.0 31.8
Other Expenses 7.0 7.9 528.9 541.5 489.5 475.1 2,016.3 1,723.2 1,569.7 1,496.7 1,179.0 1,198.6 1,110.3 1,189.1 1,135.1 1,089.4 1,012.2 628.8 614.3 571.3 412.0 315.7 176.9 148.9 187.2
Operating Expenses 713.3 518.9 528.9 541.5 489.5 475.1 2,475.8 2,158.4 1,964.4 1,582.3 1,504.8 1,536.4 1,507.3 1,264.9 1,213.7 1,170.2 1,086.9 718.7 674.3 622.5 476.6 378.0 213.4 184.9 219.1
Operating Income
Operating Income 704.1 (333.7) (129.2) (230.5) 297.1 (147.7) (52.3) 60.9 178.5 (150.6) (64.8) (14.3) (37.6) (227.3) (195.2) (111.8) (75.8) (198.4) (212.1) (72.7) (87.9) (190.4) (80.1) (39.4) (95.9)
Interest Expense 5.4 (1.1) 6.9 5.8 6.0 6.0 5.8 6.0 5.9 6.2 6.1 6.1 6.1 6.1 6.1 6.1 4.2 0.4 0.4 0.2 3.7 3.5 0 0 0
Interest Income 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2.4
Profitability
EBITDA 711.1 (346.1) (125.1) (220.7) 300.9 (138.4) (39.0) 74.5 192.2 (136.7) (49.5) 0.7 (26.5) (217.4) (185.0) (102.0) (67.8) (194.0) (208.0) (68.9) (80.8) (183.5) (77.2) (36.8) (93.4)
EBIT 704.2 (353.8) (132.4) (227.7) 294.2 (147.7) (46.5) 66.9 184.4 (144.4) (58.7) (8.1) (31.5) (221.1) (189.0) (105.7) (71.6) (198.0) (211.7) (72.5) (84.2) (186.8) (80.1) (39.4) (95.9)
Income Before Tax 698.8 (352.7) (139.3) (233.5) 288.2 (153.7) (52.3) 60.9 178.5 (150.6) (64.8) (14.3) (37.6) (227.3) (195.2) (111.8) (75.8) (198.4) (212.1) (72.7) (87.9) (190.4) (80.1) (39.4) (95.9)
Income Tax Expense 19.8 (0.2) (1.8) (5.0) 12.7 (0.4) 2.1 4.6 1.0 (0.8) 0.9 1.2 2.0 (0.7) (1.6) 0.3 1.5 (0.1) (0.6) 0.6 1.0 (0.5) (1.0) 1.6 0.9
Net Income 679.0 (352.6) (137.4) (228.4) 275.3 (153.5) (54.6) 56.2 177.4 (150.0) (65.4) (15.5) (39.8) (226.0) (192.9) (112.2) (75.2) (199.4) (211.5) (73.3) (88.9) (189.9) (79.1) (40.9) (96.9)
Per Share Data
EPS (Basic) 2.28 -1.24 -0.53 -0.89 1.10 -0.62 -0.22 0.24 0.77 -0.66 -0.29 -0.07 -0.18 -1.05 -0.91 -0.53 -0.37 -0.95 -1.02 -0.35 -0.44 -0.96 -2.70 -1.40 -3.31
EPS (Diluted) 2.07 -1.24 -0.53 -0.84 0.92 -0.62 -0.22 0.18 0.62 -0.66 -0.29 -0.07 -0.18 -1.05 -0.91 -0.53 -0.37 -0.95 -1.02 -0.35 -0.43 -0.93 -0.39 -0.20 -0.48
Shares Outstanding 298.2 283.2 259.3 253.4 251.3 240.4 243.1 238.7 231.4 227.1 223.1 219.4 216.9 215.2 212.8 211.3 210.5 209.8 208.2 207.5 202.3 197.1 29.3 29.3 29.3
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4
Current Assets
Cash & Cash Equivalents 4,805.1 2,774.2 2,148.9 2,598.9 2,236.6 1,527.2 1,206.1 2,268.2 2,230.8 1,870.3 1,399.8 2,322.1 2,109.6 1,558.6 2,112.9 2,362.6 2,068.6 1,104.0 1,076.7 1,671.5 2,321.3 826.3
Short-Term Investments 1,994.6 1,216.5 887.6 938.1 751.5 624.5 503.8 363.6 616.1 689.8 1,044.4 1,255.7 1,324.5 1,397.3 718.2 909.0 810.0 587.1 587.0 615.0 389.0 366.4
Net Receivables 587.0 442.6 445.5 745.7 763.4 315.9 300.6 711.8 647.9 494.4 207.1 193.1 686.4 49.9 215.5 969.0 207.9 611.1 160.6 125.5 37.8 96.5
Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Assets 390.5 180.1 280.6 30.5 23.0 377.6 357.5 (677.1) (921.1) (3,054.5) 340.3 421.8 (4,120.5) 1,115.8 884.5 (4,240.6) (3,086.5) (2,302.1) (1,824.3) (2,412.1) 431.3 (1,289.2)
Total Current Assets 7,777.3 4,613.4 3,762.5 4,313.2 3,774.5 2,845.2 2,368.1 2,666.5 2,573.7 0 2,991.6 4,192.6 5,642.3 4,121.6 3,931.2 0 0 0 0 0 3,179.4 0
Non-Current Assets
Property, Plant & Equipment 94.2 88.3 83.4 77.7 72.0 66.8 66.6 64.0 61.4 61.9 62.0 63.1 64.1 59.9 56.5 50.9 48.6 46.6 43.4 40.9 39.0 35.8
Goodwill 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Long-Term Investments 1,266.8 1,471.0 1,751.4 1,845.9 1,872.7 1,815.3 1,933.9 1,859.5 1,382.6 689.8 1,044.4 1,255.7 165.2 1,397.3 718.2 909.0 810.0 587.1 587.0 615.0 389.0 366.4
Other Non-Current Assets 151.4 152.7 148.6 147.4 124.6 113.3 114.4 416.2 2,974.9 (751.8) (748.6) (946.4) (229.3) (1,052.1) (397.2) (959.9) (858.6) (633.7) (630.3) (655.9) (389.0) (402.2)
Total Non-Current Assets 1,512.3 1,712.0 1,983.4 2,070.9 2,069.3 1,995.3 2,115.0 2,339.6 4,418.9 0 357.9 372.3 (1,159.3) 405.0 377.5 0 0 0 0 0 39.0 0
Total Assets 9,289.6 6,325.4 5,745.9 6,384.1 5,843.8 4,840.5 4,483.0 5,006.1 4,418.9 3,601.5 3,349.5 4,564.9 4,483.0 4,526.6 4,308.7 4,751.2 4,350.5 3,321.7 3,169.9 3,706.5 3,594.4 2,272.1
Current Liabilities
Account Payables (142.5) (99.8) 1,571.7 1,565.0 1,489.2 1,398.1 1,407.8 1,312.3 1,310.3 1,027.0 977.8 923.3 994.5 1,365.4 1,431.4 1,311.4 1,153.6 718.8 718.6 655.5 618.1 655.2
Short-Term Debt 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Deferred Revenue 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 7,282.8 4,962.3 633.8 653.4 704.9 506.8 463.1 (3,272.7) (2,823.7) (2,084.0) (1,729.0) 338.0 (2,804.7) 381.1 (2,510.1) (2,809.8) (2,319.6) (1,513.2) (1,331.9) (1,699.3) (1,540.2) (1,371.6)
Total Current Liabilities 7,140.4 4,862.6 3,976.8 4,865.6 4,148.6 3,463.2 2,954.8 (181.3) (177.4) 0 2,060.9 3,244.3 0 3,263.9 2,852.5 0 0 0 0 0 1,808.1 0
Non-Current Liabilities
Long-Term Debt 430.9 430.1 686.3 299.9 299.7 299.6 299.4 299.2 299.0 298.8 298.6 298.4 298.2 298.0 297.8 297.6 297.4 0 0 0 0 142.5
Deferred Tax Liabilities 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 51.4 52.0 55.8 57.3 59.3 61.3 63.5 3,747.7 3,263.0 (298.8) 68.6 70.3 (298.2) 72.3 73.8 (297.6) (297.4) 0 0 0 0 (142.5)
Total Non-Current Liabilities 482.2 482.1 742.1 357.2 359.1 360.8 362.9 4,046.9 3,562.0 0 367.2 368.7 0 370.3 371.6 0 0 0 0 0 1,661.1 0
Total Liabilities 7,622.6 5,344.7 4,718.9 5,222.8 4,507.7 3,824.1 3,317.7 3,865.6 3,384.6 2,795.4 2,428.1 3,613.0 3,551.3 3,634.2 3,224.1 3,502.8 3,015.4 1,929.1 1,616.7 1,972.7 1,808.1 3,568.0
Stockholders' Equity
Common Stock 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Retained Earnings (2,615.4) (3,294.4) (2,941.8) (2,804.4) (2,576.0) (2,851.3) (2,697.7) (2,643.1) (2,699.3) (2,876.7) (2,726.7) (2,661.3) (2,645.8) (2,606.0) (2,379.9) (2,187.0) (2,074.9) (1,999.7) (1,800.3) (1,587.5) (1,514.5) (1,427.1)
Accumulated Other Comprehensive Income 5 18.0 16.4 13.7 9.6 (1.8) 26.1 (2.6) (2.6) 1.3 (4.5) (6.9) (4.5) (9.7) (14.5) (15.2) (12.2) (3.7) 0.0 (0.0) 0.6 0.9
Total Stockholders' Equity 1,663.9 977.6 1,024.1 1,158.4 1,333.0 1,013.6 1,162.8 1,138.2 1,032.0 804.0 919.5 949.7 929.6 890.4 1,082.0 1,245.2 1,332.0 1,387.2 1,553.2 1,733.8 1,786.2 (1,295.9)
Total Liabilities & Equity 9,289.6 6,325.4 5,745.9 6,384.1 5,843.8 4,840.5 4,483.0 5,006.1 4,418.9 3,601.5 3,349.5 4,564.9 4,483.0 4,526.6 4,308.7 4,751.2 4,350.5 3,321.7 3,169.9 3,706.5 3,594.4 2,272.1
Debt Metrics
Total Debt 430.9 430.1 686.3 299.9 299.7 299.6 299.4 299.2 299.0 298.8 298.6 298.4 298.2 298.0 297.8 297.6 297.4 0 0 0 0 142.5
Net Debt (4,374.3) (2,344.1) (1,462.6) (2,299.0) (1,936.8) (1,227.6) (906.8) (1,969.0) (1,931.8) (1,571.5) (1,101.2) (2,023.7) (1,811.4) (1,260.6) (1,815.1) (2,065.0) (1,771.2) (1,104.0) (1,076.7) (1,671.5) (2,321.3) (683.8)
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1
Operating Activities
Net Income 679.0 (352.4) (137.5) (228.5) 275.5 (153.3) (54.2) 56.3 177.5 (149.8) (65.7) (15.4) (39.8) (226.6) (193.5) (112.1) (77.3) (198.2) (211.5) (73.3) (88.9) (189.9) (79.1) (40.9) (96.9)
Depreciation & Amortization 7.0 7.9 7.3 7.0 6.7 9.2 7.5 7.6 7.8 7.7 9.2 8.8 4.9 3.7 4.1 3.7 3.8 4.0 3.6 3.6 3.4 0 2.9 2.5 2.5
Stock-Based Compensation 16.0 18.1 20.5 24.1 25.0 25.9 29.3 28.7 25.9 26.1 28.8 33.3 71.5 29.1 28.6 27.0 27.7 28.3 20.6 18.3 19.1 0 7.3 6.6 8.1
Change in Working Capital 1,929.3 988.4 (846.5) 729.6 587.5 473.8 (840.6) 410.4 430.2 390.6 (1,116.5) 145.1 376.7 346.8 (389.4) 294.6 606.0 198.0 (404.5) 105.0 349.7 255.0 (149.4) 276.2 193.8
Other Non-Cash Items (6.1) 7.4 (8.3) (23.1) (16.2) (6.6) 358.0 (6.0) (7.0) 22.3 (5.1) (6.5) 1.6 (1.5) 2.0 1.3 2.6 2.6 2.4 1.8 34.3 23.8 (0.5) 1.9 (1.4)
Operating Cash Flow 2,619.0 671.9 (964.7) 509.1 878.5 346.8 (500.1) 497.2 634.4 296.9 (1,149.3) 165.5 414.7 151.4 (548.4) 214.5 562.8 34.5 (589.3) 55.3 317.7 89.0 (218.9) 246.3 106.3
Investing Activities
Capital Expenditure (8.8) (9.1) (9.0) (9.3) (9.0) (6.8) (7.6) (7.6) (6.0) (6.1) (6.5) (5.6) (7.4) (7.1) (9.6) (6.0) (6.2) (7.2) (6.1) (5.9) (6.6) (3.3) (2.8) (3.9) (4.0)
Acquisitions 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Purchases of Investments (914.8) (233.2) (172.8) (271.0) (336.9) (110.5) (660.1) (806.3) (556.7) (214.8) (84.5) (335.0) (202.7) (849.5) (31.1) (145.3) (166.8) (284.2) (327.6) (952.6) (245.7) (162.6) (671.2) (17.0) (150.8)
Sales/Maturities of Investments 334.2 192.6 332.4 111.5 171.7 85.8 87.4 335.4 261.4 395.8 315.7 385.1 345.5 150.4 338.9 229.5 275.2 268.5 317.7 250.5 218.0 180.6 240.6 47.3 203.1
Other Investing Activities (0.9) 1.1 (0.5) 0.5 0 (0.0) 2.5 0.8 0.6 (2.4) 0.6 (0.5) 0 (0.4) 0.5 0.4 0.6 3.0 3.6 0 0 0 0.3 (0.7) (0.4)
Investing Cash Flow (590.3) (48.7) 150.1 (168.2) (174.2) (31.4) (577.8) (477.6) (300.6) 172.5 225.3 43.9 135.5 (706.7) 298.8 78.6 102.8 (19.8) (12.4) (708.0) (34.3) 14.6 (433.1) 25.8 48.0
Financing Activities
Net Debt Issuance 0 (4.7) 352.9 0 0 0 0 0 0 0 0 0 0 0 0 0 305 0 0 0 (153.2) 142.2 0 0 0
Stock Repurchased 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Financing Activities (4.7) 0 (1.7) (1.4) (0.9) 0 0 0 0 1.1 2.3 2.6 0.5 0.5 0.4 1.4 (6.2) 13.0 11.2 3.0 16.4 0 1.2 224.8 0.4
Financing Cash Flow (3.6) 8.2 364.0 22.1 4.9 3.8 18.6 18.7 27.3 1.1 2.3 2.6 0.5 0.5 0.4 1.4 298.8 13.0 11.2 3.0 1,211.5 385.3 1.2 224.8 0.4
Cash Position
Net Change in Cash 2,025.1 625.3 (450.1) 363.0 709.2 319.2 (1,059.4) 38.2 361.1 470.4 (921.6) 212.0 550.7 (554.8) (249.2) 294.4 964.4 27.6 (590.4) (649.7) 1,495.0 826.3 (650.8) 496.9 154.8
Cash at Beginning 2,804.1 2,148.9 2,598.9 2,260.3 1,551.1 1,231.9 2,291.3 2,253.1 1,892.0 1,421.6 2,343.2 2,131.2 1,580.5 2,135.3 2,384.4 2,090.0 1,125.6 1,097.9 1,688.4 2,338.1 843.1 0 1,005.0 508.2 353.4
Cash at End 4,829.2 2,774.2 2,148.9 2,623.3 2,260.3 1,551.1 1,231.9 2,291.3 2,253.1 1,892.0 1,421.6 2,343.2 2,131.2 1,580.5 2,135.3 2,384.4 2,090.0 1,125.6 1,097.9 1,688.4 2,338.1 826.3 354.2 1,005.0 508.2
Free Cash Flow 2,610.2 662.8 (973.7) 499.8 869.5 340.0 (507.7) 489.6 628.4 290.8 (1,155.7) 159.9 407.3 144.3 (558.0) 208.4 556.6 27.3 (595.4) 49.4 311.1 85.7 (221.8) 242.4 102.4
Key Metrics 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1
Income Statement
Revenue 4,647.2 2,805.2 2,986.0 2,863.9 3,046.3 2,392.4 2,423.5 2,219.3 2,142.8 1,431.6 1,440.0 1,522.1 1,469.7 1,037.7 1,018.5 1,058.3 1,011.1 520.3 462.2 549.7 388.7 187.6 133.3 145.6 123.1
Gross Profit 1,417.3 185.2 399.7 311.0 786.6 327.3 2,423.5 2,219.3 2,142.8 1,431.6 1,440.0 1,522.1 1,469.7 1,037.7 1,018.5 1,058.3 1,011.1 520.3 462.2 549.7 388.7 187.6 133.3 145.6 123.1
Operating Income 704.1 (333.7) (129.2) (230.5) 297.1 (147.7) (52.3) 60.9 178.5 (150.6) (64.8) (14.3) (37.6) (227.3) (195.2) (111.8) (75.8) (198.4) (212.1) (72.7) (87.9) (190.4) (80.1) (39.4) (95.9)
Net Income 679.0 (352.6) (137.4) (228.4) 275.3 (153.5) (54.6) 56.2 177.4 (150.0) (65.4) (15.5) (39.8) (226.0) (192.9) (112.2) (75.2) (199.4) (211.5) (73.3) (88.9) (189.9) (79.1) (40.9) (96.9)
EPS (Diluted) 2.07 -1.24 -0.53 -0.84 0.92 -0.62 -0.22 0.18 0.62 -0.66 -0.29 -0.07 -0.18 -1.05 -0.91 -0.53 -0.37 -0.95 -1.02 -0.35 -0.43 -0.93 -0.39 -0.20 -0.48
Balance Sheet
Cash & Equivalents 4,805.1 2,774.2 2,148.9 2,598.9 2,236.6 1,527.2 1,206.1 2,268.2 2,230.8 1,870.3 1,399.8 2,322.1 2,109.6 1,558.6 2,112.9 2,362.6 2,068.6 1,104.0 1,076.7 1,671.5 2,321.3 826.3
Total Assets 9,289.6 6,325.4 5,745.9 6,384.1 5,843.8 4,840.5 4,483.0 5,006.1 4,418.9 3,601.5 3,349.5 4,564.9 4,483.0 4,526.6 4,308.7 4,751.2 4,350.5 3,321.7 3,169.9 3,706.5 3,594.4 2,272.1
Total Debt 430.9 430.1 686.3 299.9 299.7 299.6 299.4 299.2 299.0 298.8 298.6 298.4 298.2 298.0 297.8 297.6 297.4 0 0 0 0 142.5
Stockholders' Equity 1,663.9 977.6 1,024.1 1,158.4 1,333.0 1,013.6 1,162.8 1,138.2 1,032.0 804.0 919.5 949.7 929.6 890.4 1,082.0 1,245.2 1,332.0 1,387.2 1,553.2 1,733.8 1,786.2 (1,295.9)
Cash Flow
Operating Cash Flow 2,619.0 671.9 (964.7) 509.1 878.5 346.8 (500.1) 497.2 634.4 296.9 (1,149.3) 165.5 414.7 151.4 (548.4) 214.5 562.8 34.5 (589.3) 55.3 317.7 89.0 (218.9) 246.3 106.3
Capital Expenditure (8.8) (9.1) (9.0) (9.3) (9.0) (6.8) (7.6) (7.6) (6.0) (6.1) (6.5) (5.6) (7.4) (7.1) (9.6) (6.0) (6.2) (7.2) (6.1) (5.9) (6.6) (3.3) (2.8) (3.9) (4.0)
Free Cash Flow 2,610.2 662.8 (973.7) 499.8 869.5 340.0 (507.7) 489.6 628.4 290.8 (1,155.7) 159.9 407.3 144.3 (558.0) 208.4 556.6 27.3 (595.4) 49.4 311.1 85.7 (221.8) 242.4 102.4