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Filing Flows › Oscar Health (OSCR) › Q3 2026 › vs Q2 2026

Oscar Health (OSCR) Q3 2026 vs Q2 2026 (quarter over quarter)

Oscar Health's revenue rose $259M (+5%) from $4.9B in Q2 2026 to $5.1B in Q3 2026. Operating margin 3.5% against 8.0% (-4.5 pts).

Oscar Health, Q3 2026: revenue $5.1B (+72% year over year), operating margin 3.5%, net earnings $167M, operating cash flow −$1.2B. The chart draws each line against Q2 2026, the increases inside each band.

Oscar Health: what changed, Q3 2026 vs Q2 2026Oscar Health: what changed, Q3 2026 vs Q2 2026Cash used in operations$3.3BOperating cash sources$3.1BWorking capital & other$3.1BCosts & expenses$470MOther operating costs$439MOperating profit−$211MPre-tax earnings−$208MNet earnings−$195MSG&A$30.8MIncome tax−$13.1M

Margins

Q3 2026Q2 2026Change
Operating margin3.5%8.0%-4.5 pts
Net margin3.3%7.4%-4.2 pts

Every line

LineQ3 2026Q2 2026Change%
Revenue$5.1B$4.9B$259M+5%
Operating profit$178M$389M−$211M-54%
Costs & expenses$5.0B$4.5B$470M+10%
Pre-tax earnings$175M$383M−$208M-54%
SG&A$722M$691M$30.8M+4%
Other operating costs$4.2B$3.8B$439M+12%
Net earnings$167M$362M−$195M-54%
Income tax$8.1M$21.2M−$13.1M-62%
Operating cash sources$1.4B−$1.7B$3.1B—
Depreciation & amortization$6.5M$6.0M$512K+8%
Share-based compensation$22.3M$20.7M$1.6M+8%
Cash used in operations$1.2B−$2.1B$3.3B—
Working capital & other$1.4B−$1.7B$3.1B—

Questions

How much did Oscar Health's revenue grow quarter over quarter in Q3 2026?

Oscar Health's revenue rose $259M (+5%) from $4.9B in Q2 2026 to $5.1B in Q3 2026. Operating margin 3.5% against 8.0% (-4.5 pts).

Q3 2026 results → · Compare in the interactive Sankey →