OSCR · Oscar Health, Inc. · Financials
One customer — 93% of revenue (the year ended December 31, 2025)
“For the year ended December 31, 2025, 93% of premiums were earned directly from CMS and 7% were from our members.”
Income-statement, balance-sheet and cash-flow figures from SEC filings, plus a debt profile anchored in the latest 10-K and updated by each 10-Q and debt exhibit.
Chart any reported metric, KPI or segment over time — the full statement history lives here
| Line Item | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| $15.32B | $11.7B | $9.18BG | $5.86B | $3.96B | $1.84B | $462.8M | $488.19M | |
| $15.04B | $11.47B | $8.97B | $5.69B | $3.87B | $1.83B | $455.04M | $468.86M | |
| $28.27M | $28.89M | $32.15M | $30.69M | $15.28M | $265.08M | $166.66M | $110.68M | |
| $2.43B | $2.05B | $1.76B | $1.43B | $1.26B | — | — | — | |
| $28.24M | $28.89M | $32.15M | $30.69M | $15.28M | $14.61M | $11.29M | $6.9M | |
| $629.72M | -$396.36M | $57.27M | -$235.62M | -$589.87M | -$544.48M | -$402.27M | -$259.39M | |
| — | -3.39% | 0.62% | -4.02% | -14.88% | -29.61% | -86.92% | -53.13% | |
| $657.96M | -$367.47M | $89.41M | -$204.92M | -$574.58M | -$529.88M | -$390.98M | -$252.49M | |
| $15.85M | $17.6M | $23.73M | $24.6M | $22.62M | $4.72M | $3.51M | $0 | |
| -$24.06M | -$23.34M | -$105K | -$7.08M | $2.42M | -$1.2M | — | — | |
| -$74K | — | — | — | -$1.27M | $212K | $1.24M | $481K | |
| $589.81M | -$437.3M | $33.43M | -$267.3M | -$610.08M | -$570.58M | -$405.78M | -$259.39M | |
| $38.88M | $5.61M | $7.31M | $3.29M | -$523K | $846K | $1.05M | $1.79M | |
| $550.74M | -$443.15M | $25.43M | -$270.73M | -$606.28M | -$572.61M | -$406.83M | -$261.18M | |
| — | -3.79% | 0.28% | -4.62% | -15.3% | -31.14% | -87.9% | -53.5% | |
| $190K | $248K | $689K | $134K | -$3.28M | $1.18M | $0 | $0 | |
| — | -$443.15M | $25.43M | -$270.73M | -$606.28M | -$572.61M | -$414.24M | -$261.18M | |
| $528.77M | -$423.29M | $22.3M | -$259.7M | -$612.32M | -$577.16M | -$405.92M | -$261.17M | |
| USD/shares | $1.58 | -$1.69 | $0.11 | -$1.22 | -$2.85 | -$3.20 | -$14.16 | -$9.06 |
| USD/shares | $1.45 | -$1.69 | $0.10 | -$1.22 | -$2.85 | -$3.20 | -$14.16 | -$9.06 |
| shares | — | 262.39M | 240.39M | 221.66M | 212.48M | 178.97M | 29.26M | 28.81M |
| shares | — | 262.39M | 265.85M | 221.66M | 212.48M | 178.97M | 29.26M | 28.81M |
Capital Returned to Shareholders
Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2019–FY2021: $2.99M in buybacks.
Debt Profile
Annual debt figures are established from 10-K filings and updated by subsequent 10-Q and 8-K disclosures. Instrument balances are not summed into a company total unless the filing itself reports that total.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.
Valuation
Peer medians compare against the 8 similar-size Healthcare Plans companies (of 13 listed).