Jun 2026 (Q2 FY26) — Aug 6, 2026
Oscar Health Q2 FY26 — Record Profitability and Raised Full-Year Outlook
Read the full callOscar Health earnings: last reported Thu, 6 Aug 2026, for the quarter ended Jun 2026.
Reported
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 4,880 | +70.4% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 8.0 | +16.0 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 362 | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. The year-earlier figure was zero or a loss, so no percentage is shown. |
Price
1Y: $19.39 on 17 Oct 2025 → $32.54. High $34.32 (14 Oct 2026), low $10.85 (30 Mar 2026).
Overview
Call summaries
Oscar Health Q2 FY26 — Record Profitability and Raised Full-Year Outlook
Read the full callOscar Health Q1 FY26 — Strong Growth and Profitability Driven by Tech and Disciplined Execution
Read the full callEvery analysed call
Financials
Net profit, year on year: +258% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 2,423 | 2,392 | 3,046 | 2,864 | 2,986 | 2,805 | 4,647 | 4,880 |
| Operating profit | -48 | -148 | 297 | -230 | -129 | -334 | 704 | 389 |
| Operating margin | −2.0% | −6.2% | 9.8% | −8.1% | −4.3% | −11.9% | 15.2% | 8.0% |
| Other income | 2 | 0 | -3 | 3 | -3 | -20 | 0 | -1 |
| Interest | 6 | 6 | 6 | 6 | 7 | -1 | 5 | 5 |
| Profit before tax | -52 | -154 | 288 | -234 | -139 | -353 | 699 | 383 |
| Tax rate | −4.0% | 0.3% | 4.4% | 2.2% | 1.3% | 0.1% | 2.8% | 5.5% |
| Net profit | -55 | -154 | 275 | -228 | -137 | -353 | 679 | 362 |
| EPS ($ per share) | -0.22 | — | 1.10 | -0.89 | -0.53 | — | 2.28 | 1.20 |
| Line item | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|
| Equity capital | — | 0 | — | — | — | — | — |
| Reserves | — | -1,427 | -2,000 | -2,606 | -2,877 | -2,851 | -3,294 |
| Total liabilities | — | 1,823 | 1,929 | 3,634 | 2,795 | 3,824 | 5,345 |
| Fixed assets | — | 36 | 47 | 60 | 62 | 67 | 88 |
| Investments | — | — | — | — | 690 | 624 | — |
| Total assets | — | 2,272 | 3,322 | 4,527 | 3,601 | 4,840 | 6,325 |
| Line item | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|
| Cash from operations | -165 | 223 | -182 | 380 | -272 | 978 | 1,095 |
| Cash from investing | 151 | -345 | -775 | -227 | 577 | -1,387 | -241 |
| Cash from financing | -2 | 612 | 1,239 | 301 | 6 | 68 | 399 |
| Net cash flow | -17 | 490 | 282 | 455 | 311 | -341 | 1,253 |
| Capital expenditure | -26 | -14 | -26 | -29 | -26 | -28 | -36 |
| Free cash flow | -191 | 209 | -208 | 351 | -298 | 950 | 1,058 |
| KPI | Mar 2026 Q1 FY26 | Jun 2026 Q2 FY26 | Change vs prior quarter |
|---|---|---|---|
| Members | 3.2MOscar ended the first quarter with 3.2 million members, an increase of 56% year-over-year.Source: earnings call transcript | 2.96MOscar ended the second quarter with 2.96 million members, up 46% year-over-year.Source: earnings call transcript | -7.5% |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
108 filings between Nov 11, 2025 and Sep 18, 2026.
Purchases
$11.92M
1 purchase by 1 insider
Sales
$150.02M
62 sales by 7 insiders
92% filed under a 10b5-1 plan — scheduled in advance, not decided on the day
Also filed: 16 other filings, 13 conversions, 3 gifts.
| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Bertolini Mark T | $11.92M | $70.68M | Jun 30, 2026 |
| Schlosser Mario | — | $68.79M | Sep 3, 2026 |
| Blackley Richard Scott | — | $7.94M | Sep 3, 2026 |
| Liang Janet | — | $821.1K | Sep 3, 2026 |
| WITTMAN VANESSA AMES | — | $806.0K | Sep 18, 2026 |
| McAnaney Adam | — | $783.5K | Sep 3, 2026 |
| Baltrus Victoria | — | $194.5K | Sep 3, 2026 |
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Sep 18, 2026 | WITTMAN VANESSA AMES Director | Sale 10b5-1 plan | 25,000 | $806.0K |
| Sep 18, 2026 | Kushner Joshua Co-Founder and Vice Chairman | Other | 164,218 | $0 |
| Sep 18, 2026 | Thrive Partners II GP, LLC Director | Other | 1,323,589 | $0 |
| Sep 18, 2026 | Kushner Joshua Co-Founder and Vice Chairman | Other | 6,268,097 | $0 |
| Sep 18, 2026 | Thrive Partners II GP, LLC Director | Other | 75,520 | $0 |
| Sep 18, 2026 | Thrive Partners II GP, LLC Director | Other | 1,323,589 | $0 |
| Sep 18, 2026 | Thrive Partners II GP, LLC Director | Other | 4,855,810 | $0 |
| Sep 18, 2026 | Kushner Joshua Co-Founder and Vice Chairman | Other | 164,218 | $0 |
| Sep 18, 2026 | Kushner Joshua Co-Founder and Vice Chairman | Other | 4,855,810 | $0 |
| Sep 18, 2026 | Thrive Partners II GP, LLC Director | Other | 164,218 | $0 |
| Sep 18, 2026 | Kushner Joshua Co-Founder and Vice Chairman | Other | 1,323,589 | $0 |
| Sep 18, 2026 | Thrive Partners II GP, LLC Director | Other | 6,268,097 | $0 |
| Sep 18, 2026 | Kushner Joshua Co-Founder and Vice Chairman | Other | 4,855,810 | $0 |
| Sep 18, 2026 | Kushner Joshua Co-Founder and Vice Chairman | Other | 1,323,589 | $0 |
| Sep 18, 2026 | Thrive Partners II GP, LLC Director | Other | 4,855,810 | $0 |
| Sep 18, 2026 | Kushner Joshua Co-Founder and Vice Chairman | Other | 75,520 | $0 |
| Sep 18, 2026 | Thrive Partners II GP, LLC Director | Other | 164,218 | $0 |
| Sep 3, 2026 | Schlosser Mario Director | Sale 10b5-1 plan | 31,422 | $988.2K |
| Sep 3, 2026 | Baltrus Victoria Chief Accounting Officer | Sale 10b5-1 plan | 958 | $30.1K |
| Sep 3, 2026 | Blackley Richard Scott Chief Financial Officer | Sale 10b5-1 plan | 28,869 | $907.9K |
| Sep 3, 2026 | Liang Janet President, Oscar Insurance | Sale 10b5-1 plan | 10,360 | $325.8K |
| Sep 3, 2026 | McAnaney Adam Chief Legal Officer | Sale 10b5-1 plan | 9,092 | $285.9K |
| Aug 28, 2026 | Schlosser Mario Director | Sale | 150,000 | $4.62M |
| Aug 28, 2026 | Schlosser Mario Director | Conversion | 150,000 | — |
| Aug 27, 2026 | Schlosser Mario Director | Conversion | 600,000 | — |
| Aug 27, 2026 | Schlosser Mario Director | Sale | 600,000 | $18.20M |
| Aug 18, 2026 | Blackley Richard Scott Chief Financial Officer | Sale | 18,750 | $595.1K |
| Jul 1, 2026 | Schlosser Mario Director | Conversion 10b5-1 plan | 47,500 | — |
| Jul 1, 2026 | Schlosser Mario Director | Sale 10b5-1 plan | 3,600 | $106.2K |
| Jul 1, 2026 | Schlosser Mario Director | Sale 10b5-1 plan | 30,228 | $956.7K |
| Jul 1, 2026 | Schlosser Mario Director | Sale 10b5-1 plan | 13,672 | $421.1K |
| Jun 30, 2026 | Bertolini Mark T Chief Executive Officer | Sale 10b5-1 plan | 488,654 | $13.85M |
| Jun 30, 2026 | Bertolini Mark T Chief Executive Officer | Sale 10b5-1 plan | 135,590 | $3.93M |
| Jun 29, 2026 | Bertolini Mark T Chief Executive Officer | Sale 10b5-1 plan | 58,926 | $1.77M |
| Jun 29, 2026 | Bertolini Mark T Chief Executive Officer | Sale 10b5-1 plan | 555,826 | $16.21M |
| Jun 26, 2026 | Bertolini Mark T Chief Executive Officer | Sale 10b5-1 plan | 441,373 | $12.85M |
| Jun 26, 2026 | Bertolini Mark T Chief Executive Officer | Sale 10b5-1 plan | 149,795 | $4.46M |
| Jun 25, 2026 | Bertolini Mark T Chief Executive Officer | Sale 10b5-1 plan | 597,942 | $17.10M |
| Jun 25, 2026 | Bertolini Mark T Chief Executive Officer | Sale 10b5-1 plan | 17,200 | $500.2K |
| Jun 23, 2026 | Schlosser Mario Director | Sale 10b5-1 plan | 31,912 | $944.0K |
| Jun 23, 2026 | Schlosser Mario Director | Sale 10b5-1 plan | 286,988 | $8.31M |
| Jun 23, 2026 | Schlosser Mario Director | Sale 10b5-1 plan | 97 | $2.9K |
| Jun 23, 2026 | Schlosser Mario Director | Conversion 10b5-1 plan | 880,000 | — |
| Jun 23, 2026 | Schlosser Mario Director | Sale 10b5-1 plan | 15,491 | $448.5K |
| Jun 23, 2026 | Schlosser Mario Director | Conversion 10b5-1 plan | 47,500 | — |
| Jun 23, 2026 | Schlosser Mario Director | Sale 10b5-1 plan | 102 | $3.1K |
| Jun 23, 2026 | Schlosser Mario Director | Sale 10b5-1 plan | 33,592 | $993.7K |
| Jun 23, 2026 | Schlosser Mario Director | Sale 10b5-1 plan | 16,306 | $472.1K |
| Jun 23, 2026 | Schlosser Mario Director | Conversion 10b5-1 plan | 50,000 | — |
| Jun 23, 2026 | Schlosser Mario Director | Sale 10b5-1 plan | 102 | $3.1K |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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