Filing Flows › Option Care Health (OPCH) › Q1 2026
Option Care Health (OPCH) Q1 2026 earnings results (first quarter 2026)
10-Q filed Apr 30, 2026
Option Care Health (OPCH) reported revenue of $1.4B for the first quarter 2026 (Q1 2026), +1% from a year earlier and -8% from the quarter before. Operating margin was 5.4%, net earnings $45.3M (3.4% of revenue).
Option Care Health, Q1 2026: revenue $1.4B (+1% year over year), operating margin 5.4%, net earnings $45.3M, operating cash flow −$12.1M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.4B | -8% | +1% |
| Gross profit | $262M | -7% | -0.4% |
| Operating profit | $72.5M | -21% | -8% |
| Net earnings | $45.3M | -22% | -3% |
| Operating cash flow | −$12.1M | -134% | — |
What changed
Revenue was $1.4B in Q1 2026, up 1% year over year and down 8% from the previous quarter.
Gross margin was 19.4%, down 0.3 points from Q1 2025. Operating profit was $0.07B, a 5.4% margin (down 0.6 points year over year). Operating profit fell $0.01B even though revenue rose $0.02B versus Q1 2025, so costs grew faster than sales. Operating expenses grew 3% against revenue growth of 1%. Net earnings were $0.05B, down 3% year over year. The effective tax rate was 25.7%.
Operating cash flow was −$0.01B. Non-cash charges added back $0.02B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.08B. Capital expenditures of $0.01B exceeded it, leaving free cash flow of −$0.02B.
Questions
What was Option Care Health's revenue in the first quarter 2026?
Option Care Health (OPCH) reported revenue of $1.4B for the first quarter 2026 (Q1 2026), +1% from a year earlier and -8% from the quarter before.
Was Option Care Health profitable in the first quarter 2026?
Operating profit was $72.5M (5.4% of revenue) and net earnings $45.3M.
Source: Option Care Health 10-Q on SEC EDGAR.