Filing Flows › Option Care Health (OPCH) › Q3 2025
Option Care Health (OPCH) Q3 2025 earnings results (third quarter 2025)
10-Q filed Oct 30, 2025
Option Care Health (OPCH) reported revenue of $1.4B for the third quarter 2025 (Q3 2025), +12% from a year earlier and +1% from the quarter before. Operating margin was 5.9%, net earnings $51.8M (3.6% of revenue).
Option Care Health, Q3 2025: revenue $1.4B (+12% year over year), operating margin 5.9%, net earnings $51.8M, operating cash flow $139M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.4B | +1% | +12% |
| Gross profit | $273M | +1% | +6% |
| Operating profit | $84.5M | +2% | -0.7% |
| Net earnings | $51.8M | +3% | -4% |
| Operating cash flow | $139M | +54% | -13% |
| Free cash flow | $130M | +60% | -14% |
What changed
Revenue was $1.4B in Q3 2025, up 12% year over year and up 1% from the previous quarter.
Gross margin was 19.0%, down 1.1 points from a year earlier. Operating profit was $0.08B, a 5.9% margin (down 0.8 points year over year). Operating profit fell $584K even though revenue rose $0.16B versus a year earlier, so costs grew faster than sales. Operating expenses grew 10% against revenue growth of 12%. The fastest-growing cost line was Other operating costs (+11%). Net earnings were $0.05B, down 4% year over year. The effective tax rate was 24.9%.
Operating cash flow was $0.14B (down 13% year over year), 269% 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 $0.06B. Capital expenditures of $0.01B left free cash flow of $0.13B.
Questions
What was Option Care Health's revenue in the third quarter 2025?
Option Care Health (OPCH) reported revenue of $1.4B for the third quarter 2025 (Q3 2025), +12% from a year earlier and +1% from the quarter before.
Was Option Care Health profitable in the third quarter 2025?
Operating profit was $84.5M (5.9% of revenue) and net earnings $51.8M.
Source: Option Care Health 10-Q on SEC EDGAR.