Filing Flows › Option Care Health (OPCH) › Q2 2025
Option Care Health (OPCH) Q2 2025 earnings results (second quarter 2025)
10-Q filed Jul 30, 2025
Option Care Health (OPCH) reported revenue of $1.4B for the second quarter 2025 (Q2 2025), +15% from a year earlier and +6% from the quarter before. Operating margin was 5.8%, net earnings $50.5M (3.6% of revenue).
Option Care Health, Q2 2025: revenue $1.4B (+15% year over year), operating margin 5.8%, net earnings $50.5M, operating cash flow $90.3M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.4B | +6% | +15% |
| Gross profit | $269M | +2% | +8% |
| Operating profit | $82.7M | +4% | +3% |
| Net earnings | $50.5M | +8% | -5% |
| Operating cash flow | $90.3M | — | -54% |
| Free cash flow | $81.2M | — | -56% |
What changed
Revenue was $1.4B in Q2 2025, up 15% year over year and up 6% from the previous quarter.
Gross margin was 19.0%, down 1.3 points from a year earlier. Operating profit was $0.08B, a 5.8% margin (down 0.7 points year over year). Of the extra revenue versus a year earlier, 1% reached operating profit, below the 7% margin then. Operating expenses grew 10% against revenue growth of 15%. The fastest-growing cost line was SG&A (+11%). Net earnings were $0.05B, down 5% year over year. The effective tax rate was 26.6%.
Operating cash flow was $0.09B (down 54% year over year), 179% of net earnings. Non-cash charges added back $0.02B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.01B. Capital expenditures of $0.01B left free cash flow of $0.08B.
Questions
What was Option Care Health's revenue in the second quarter 2025?
Option Care Health (OPCH) reported revenue of $1.4B for the second quarter 2025 (Q2 2025), +15% from a year earlier and +6% from the quarter before.
Was Option Care Health profitable in the second quarter 2025?
Operating profit was $82.7M (5.8% of revenue) and net earnings $50.5M.
Source: Option Care Health 10-Q on SEC EDGAR.