Oscar Health, Inc. (OSCR) Stock

Oscar Health, Inc. (OSCR) is a Healthcare stock trading at $27.90 (as of 2026-07-24), with a market capitalization of $9.20B. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Oscar Health, Inc. offers health insurance products and services in the United States, including Individual & Family, Small Group, and Medicare Advantage plans, along with +Oscar, a platform aimed at supporting engagement between providers, payors, and members/patients. The company also provides reinsurance products.

Understand Oscar Health, Inc.: how it makes money

Oscar Health sells health insurance plans in the United States, including Individual and Family, Small Group, and Medicare Advantage, and it makes money primarily through insurance premium revenue.

Oscar's profit engine is tied to the scale of its insurance business, because Premium Revenue is the dominant revenue line, while Services and Other Revenue is shown as 0.0B.

Business quality (Solid): Revenue segment inputs provided (Premium Revenue and Services and Other Revenue) do not sum to the latest total revenue of 4.6B, so a complete reportable-segment revenue breakdown is not possible with the given facts.

Bull case

  • Scale and momentum in its insured base: Effecuated Members at Quarter End were 3,200,000 and Net Members Added During the Period were 73,000 for the quarter ended 2026-03-31.
  • Operating profitability: Operating margin was 15.2% for the quarter ended 2026-03-31.
  • Retention is shown as strong: Retention Rate was 80% (as provided in the operating KPI candidates).

Bear case

  • Revenue concentration in premiums: Services and Other Revenue is shown as 0.0B, which suggests limited revenue contribution from non-premium sources in the provided segment inputs.
  • Mix and partner-related scale look small in the provided data: Cigna Plus Oscar Co-Branded Partnership Members are 10,090 and Medicare Advantage Members are 1,781, indicating those categories are small in the provided snapshot.
Valuation — source: SEC EDGAR (first-party)
Price$27.90
Market Cap$9.20B
EV / EBITDA120.7
Price / Book5.52
Price / Sales0.69
FCF Yield30.4%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$11.70B
Net Margin-3.8%
Revenue Growth (YoY)52.6%
EPS Growth (YoY)107.3%
FCF Growth (YoY)200.2%
Financial Health — source: SEC EDGAR
Altman Z-Score1.69 (distress)
Valuation vs Sector & Industry
Sector P/E (Healthcare)21.2
Industry P/E (Insurance)12.7
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderVANGUARD GROUP INC ($297.48M)
Institutional Holders Tracked10
Company
SectorHealthcare
IndustryInsurance
CEOMark Thomas Bertolini
Employees2,400
CountryUS
IPO Date2021-03-03

Related Companies (Insurance (FF48 industry); 8 closest by market cap; US-domiciled)

  • Elevance Health Inc. (ELV)
  • Cigna Corporation (CI)
  • Humana Inc. (HUM)
  • Centene Corporation (CNC)
  • Molina Healthcare, Inc. (MOH)
  • Alignment Healthcare, Inc. (ALHC)
  • Clover Health Investments, Corp. (CLOV)
  • Trupanion, Inc. (TRUP)
OSCR earnings history · OSCR institutional & insider holders · OSCR KPIs & operating metrics · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-07-24.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.