Oscar Health (OSCR) Cost of Revenue (2020 - 2026)
Oscar Health posted quarterly Cost of Revenue of $3.2 billion for Q1 2026, up 42.94% year-on-year from $2.3 billion in Q1 2025, and up 23.27% on a QoQ basis from $2.6 billion in Q4 2025.
Oscar Health (OSCR) has 7 years of Cost of Revenue data on file, last reported at $3.2 billion in Q1 2026.
- For the quarter ending Q1 2026, Cost of Revenue rose 42.94% year-over-year to $3.2 billion; the trailing twelve-month figure through Mar 2026 stood at $11.0 billion (up 36.73% YoY), and the FY2025 full-year result was $10.0 billion, up 36.64% from the prior year.
- Cost of Revenue for Q1 2026 stood at $3.2 billion, up from $2.6 billion in the prior quarter.
- Across five years, Cost of Revenue topped out at $3.2 billion in Q1 2026 and bottomed at $734.6 million in Q1 2022.
- The 5-year median for Cost of Revenue is $1.6 billion (2024), against an average of $1.7 billion.
- The widest annual swing landed in 2022, when Cost of Revenue jumped 174.04%; it then grew 26.87% in 2025.
- A 5-year view of Cost of Revenue shows it stood at $884.9 million in 2022, then jumped by 36.2% to $1.2 billion in 2023, then jumped by 71.34% to $2.1 billion in 2024, then gained by 26.87% to $2.6 billion in 2025, then gained by 23.27% to $3.2 billion in 2026.
- The last three Cost of Revenue figures came in at $3.2 billion (Q1 2026), $2.6 billion (Q4 2025), and $2.6 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 345.31 Bn | 315.51 Bn | 98.90 Bn | 12.82 Bn |
| 2 | Cvs Health | 115.41 Bn | 103.79 Bn | 4.43 Bn | 29.36 Bn |
| 3 | Elevance Health | 88.60 Bn | 53.18 Bn | 13.88 Bn | 35.62 Bn |
| 4 | Cigna | 72.05 Bn | 64.43 Bn | -44.29 Bn | 54.10 Bn |
| 5 | Humana | 39.05 Bn | 17.15 Bn | 4.00 Bn | 33.71 Bn |
| 6 | Centene | 30.50 Bn | 6.84 Bn | 49.24 Bn | 702.00 Mn |
| 7 | Molina Healthcare | 9.31 Bn | 60.65 Mn | 1.53 Bn | 9.27 Bn |
| 8 | Oscar Health | 6.86 Bn | 63.05 Mn | -3.22 Bn | 3.23 Bn |
| 9 | Alignment Healthcare | 2.69 Bn | 1.96 Bn | 135.85 Mn | 1.09 Bn |
| 10 | Progyny | 2.12 Bn | 1.90 Bn | 83.07 Mn | 245.43 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.23 Bn |
| Mar 31, 2026 | 3.23 Bn |
| Dec 31, 2025 | 2.62 Bn |
| Dec 31, 2025 | 2.62 Bn |
| Sep 30, 2025 | 2.59 Bn |
| Sep 30, 2025 | 2.59 Bn |
| Jun 30, 2025 | 2.55 Bn |
| Jun 30, 2025 | 2.55 Bn |
| Mar 31, 2025 | 2.26 Bn |
| Mar 31, 2025 | 2.26 Bn |
| Dec 31, 2024 | 2.07 Bn |
| Dec 31, 2024 | 2.07 Bn |
| Sep 30, 2024 | 2.00 Bn |
| Sep 30, 2024 | 2.00 Bn |
| Jun 30, 2024 | 1.71 Bn |
| Jun 30, 2024 | 1.71 Bn |
| Mar 31, 2024 | 1.55 Bn |
| Mar 31, 2024 | 1.55 Bn |
| Dec 31, 2023 | 1.21 Bn |
| Dec 31, 2023 | 1.21 Bn |
| Sep 30, 2023 | 1.16 Bn |
| Sep 30, 2023 | 1.16 Bn |
| Jun 30, 2023 | 1.18 Bn |
| Jun 30, 2023 | 1.18 Bn |
| Mar 31, 2023 | 1.09 Bn |
| Mar 31, 2023 | 1.09 Bn |
| Dec 31, 2022 | 884.90 Mn |
| Dec 31, 2022 | 884.90 Mn |
| Sep 30, 2022 | 852.69 Mn |
| Sep 30, 2022 | 852.69 Mn |
| Jun 30, 2022 | 808.64 Mn |
| Jun 30, 2022 | 808.64 Mn |
| Mar 31, 2022 | 734.57 Mn |
| Mar 31, 2022 | 734.57 Mn |
| Dec 31, 2021 | 482.49 Mn |
| Dec 31, 2021 | 482.49 Mn |
| Sep 30, 2021 | 453.58 Mn |
| Sep 30, 2021 | 453.58 Mn |
| Jun 30, 2021 | 419.88 Mn |
| Jun 30, 2021 | 419.88 Mn |
| Mar 31, 2021 | 268.05 Mn |
| Mar 31, 2021 | 268.05 Mn |
| Dec 31, 2020 | 84.23 Mn |
| Dec 31, 2020 | 84.23 Mn |
| Sep 30, 2020 | 85.39 Mn |
| Sep 30, 2020 | 85.39 Mn |
| Jun 30, 2020 | 55.51 Mn |
| Jun 30, 2020 | 55.51 Mn |
| Mar 31, 2020 | 84.22 Mn |
| Mar 31, 2020 | 84.22 Mn |