Oscar Health (OSCR) Cost of Revenue (2020 - 2026)
Oscar Health (OSCR) reported Cost of Revenue of $3.2 billion for Q1 2026, up 42.94% on a YoY basis from $2.3 billion in Q1 2025, and up 23.27% quarter-over-quarter from $2.6 billion in Q4 2025.
Oscar Health (OSCR) Cost of Revenue (2020 - 2026) Analysis & Trends
Oscar Health has reported Cost of Revenue for 7 years, with the latest figure 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.
- The five-year high for Cost of Revenue was $3.2 billion in Q1 2026, with the low at $734.6 million in Q1 2022.
- Historically, Cost of Revenue has averaged $1.7 billion across 5 years, with a median of $1.6 billion in 2024.
- Annual changes were most pronounced in 2022 — Cost of Revenue jumped 174.04% — and 2025, when it grew 26.87%.
- Oscar Health's Cost of Revenue stood at $884.9 million in 2022, then soared by 36.2% to $1.2 billion in 2023, then soared by 71.34% to $2.1 billion in 2024, then rose by 26.87% to $2.6 billion in 2025, then rose 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 | 363.95 Bn | 334.15 Bn | 98.90 Bn | 12.82 Bn |
| 2 | Cvs Health | 124.98 Bn | 113.36 Bn | 4.43 Bn | 29.36 Bn |
| 3 | Elevance Health | 85.46 Bn | 50.04 Bn | 13.88 Bn | 35.62 Bn |
| 4 | Cigna | 73.39 Bn | 65.77 Bn | -44.29 Bn | 54.10 Bn |
| 5 | Humana | 43.40 Bn | 21.50 Bn | 4.00 Bn | 33.71 Bn |
| 6 | Centene | 30.02 Bn | 6.36 Bn | 49.24 Bn | 702.00 Mn |
| 7 | Molina Healthcare | 9.92 Bn | 668.90 Mn | 1.53 Bn | 9.27 Bn |
| 8 | Oscar Health | 8.44 Bn | 1.64 Bn | -3.22 Bn | 3.23 Bn |
| 9 | Alignment Healthcare | 4.50 Bn | 3.77 Bn | 135.85 Mn | 1.09 Bn |
| 10 | Clover Health Investments | 2.61 Bn | 2.41 Bn | 154.54 Mn | 589.65 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 |