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How Oscar Health (OSCR) makes money
Oscar Health (OSCR) made $5.1B of revenue in the third quarter 2026 (Q3 2026), +72% from a year earlier. Of every dollar of revenue, 3¢ was left as operating profit, 3¢ was left as net earnings.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $5.1B | 100.0% |
| Operating profit | $178M | 3.5% |
| Income tax | $8.1M | 0.2% |
| Net earnings | $167M | 3.3% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $5.1B | +72% |
| Q2 2026 | $4.9B | +70% |
| Q1 2026 | $4.6B | +53% |
| Q4 2025 | $2.8B | +17% |
| Q3 2025 | $3.0B | +23% |
| Q2 2025 | $2.9B | +29% |
| Q1 2025 | $3.0B | +42% |
From Oscar Health's 10-Q filed Nov 5, 2026 (on EDGAR).
Questions
How does Oscar Health make money?
Oscar Health (OSCR) made $5.1B of revenue in the third quarter 2026 (Q3 2026), +72% from a year earlier. Of every dollar of revenue, 3¢ was left as operating profit, 3¢ was left as net earnings.
What is Oscar Health's profit margin?
Net earnings were $167M, 3.3% of revenue, in the third quarter 2026; the operating margin was 3.5%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.