The Tip Desk

Oscar Health, Inc.

Company Stats

Market Cap
$9.5B
as of Sep 30, 2026
Shares Outstanding
308.6M
Free Float
72.7%

Income Statement

Revenue
$11.7B
Operating Income
-$396.4M
Net Income
-$443.2M
EBITDA
-$367.5M
Revenue Growth, 3Y
43.5%
FCF Margin, 3Y Avg
4.8%
FCF Margin, Worst Year
-5.1%

Cash Flow

Free Cash Flow
$1.1B
FCF Yield
11.1%
Owner FCF Yield
10.2%

Balance Sheet

Cash & Equivalents
$2.8B

Returns & Capital

SBC, 3Y Avg
$119.1M

Cash Flow by Year

YearRevenueFCFMargin
FY2025$11.7B$1.1B9.0%
FY2024$9.2B$950.3M10.4%
FY2023$5.9B-$297.7M-5.1%
FY2022$4.0B$351.3M8.9%
FY2021$1.8B-$207.6M-11.3%

Annual filing data through FY ended December 31, 2025; shares and float as of October 31, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Earnings

Other Coverage