Superworth

Oscar Health profit margin OSCR

Gross, operating and net profit as a share of revenue over the last twelve months, from 2020.

Net margin, 12 months
3.6%
Operating margin, 12 months
4.1%
Net margin on a year earlier
+5.1 pts
Peer median
1.2%

Over the twelve months to Jun 30, 2026, Oscar Health kept 3.6% of its revenue as net profit, with an operating margin of 4.1%.

Five years earlier its net margin was −37.2%.

The median for 6 health insurers of a similar size is 1.2%.

Profit margin over time

OperatingNet

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearNet marginOperating margin
FY2025−3.8%−3.4%
FY20240.3%0.6%
FY2023−4.6%−4.0%
FY2022−15.3%−14.9%
FY2021−31.1%−29.6%
FY2020−87.9%−86.9%

Quarter by quarter

QuarterEndedNet margin, 12 monthsChange on a yearOperating margin
Q2 FY263.6%+5.1 pts4.1%
Q1 FY26−0.3%−1.5 pts0.1%
Q4 FY25−3.8%−4.1 pts−3.4%
Q3 FY25−2.2%−2.5 pts−1.9%
Q2 FY25−1.5%−1.8 pts−1.2%
Q1 FY251.2%+2.0 pts1.7%
Q4 FY240.3%+4.9 pts0.6%
Q3 FY240.4%+6.7 pts0.7%
Q2 FY240.3%+9.8 pts0.7%
Q1 FY24−0.8%+12.0 pts−0.4%
Q4 FY23−4.6%+10.7 pts−4.0%
Q3 FY23−6.4%+10.3 pts−5.8%

Against its peers

Companies in Medical - Healthcare Plans nearest Oscar Health's size, closest first, today.

CompanyProfit margin
OSCROscar Health3.6%
CNCCentene−2.5%
HUMHumana0.9%
ALHCAlignment Healthcare0.9%
TRUPTrupanion1.5%
CICigna2.3%
ELVElevance Health2.5%
Peer median1.2%

Where Oscar Health ranks

What the profit margin tells you

Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).

Compare within an industry. 10% is superb for a retailer and poor for a software company.

More on Oscar Health

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.