Oscar Health Announces Record Financial Results for First Half 2026 and Raises Full Year 2026 Outlook
Oscar Health reported a record Q2 with revenue of $4.88 billion and swung to a net profit of $361.8 million, reversing a year-ago loss of $228.4 million. The turnaround was driven by a significantly improved medical loss ratio of 79.2% and membership growth to nearly 3 million members.
Key figures
- Eps
- 1.1
- Revenue
- $4.88 billion
- Guidance
- FY26 Operating Income $500M-$700M, raised from $250M-$450M; MLR 81.5%-82.5%, improved from 82.4%-83.4%
- Membership
- 2963002
- Net income
- $361.8 million
- Adjusted ebitda
- $415.3 million
- Operating income
- $388.6 million
- Medical loss ratio
- 79.2%
AI analysis
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