Oscar Health (OSCR) Gross Margin (2020 - 2026)
Oscar Health's (OSCR) quarterly Gross Margin came in at 22.25% in Q2 2026, up 1139.0% on a YoY basis from 1.8% in Q2 2025, and down 27.05% quarter-over-quarter from 30.5% in Q1 2026.
Analysis
Oscar Health (OSCR) Gross Margin (2020 - 2026) Analysis & Trends
Oscar Health (OSCR) has reported Gross Margin for 7 consecutive years, with 22.25% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin rose 1139.0% year-over-year to 22.25%; the trailing twelve-month figure through Jun 2026 stood at 20.16% (up 296.0% YoY), and the FY2025 full-year result was 14.38%, down 573.0% from the prior year.
- Gross Margin declined to 22.25% in Q2 2026 per OSCR's latest filing, from 30.5% in the prior quarter.
- Across five years, Gross Margin topped out at 30.5% in Q1 2026 and bottomed at 6.6% in Q4 2025.
- Historically, Gross Margin has averaged 19.05% across 5 years, with a median of 19.87% in 2022.
- The sharpest annual moves came in 2022 and 2025: Gross Margin jumped 1501 bps in 2022, then plunged 1215 bps in 2025.
- Over 5 years, Gross Margin stood at 11.08% in 2022, then soared by 43 bps to 15.82% in 2023, then slipped by 13 bps to 13.68% in 2024, then sank by 52 bps to 6.6% in 2025, then surged by 237 bps to 22.25% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 22.25%, 30.5%, and 6.6% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 352.42 Bn | 320.96 Bn | 36.67 Bn | 32.74% |
| 2 | Cvs Health | 121.84 Bn | 107.88 Bn | 47.23 Bn | 44.52% |
| 3 | Elevance Health | 90.86 Bn | 54.91 Bn | 13.45 Bn | 26.65% |
| 4 | Cigna | 73.56 Bn | 66.30 Bn | 14.97 Bn | 20.88% |
| 5 | Humana | 48.30 Bn | 24.43 Bn | 5.50 Bn | 13.45% |
| 6 | Centene | 32.37 Bn | 5.31 Bn | 14.55 Bn | 27.16% |
| 7 | Molina Healthcare | 10.16 Bn | 1.24 Bn | 1.43 Bn | 13.19% |
| 8 | Oscar Health | 9.70 Bn | 1.15 Bn | 1.09 Bn | 22.25% |
| 9 | Corvel | 3.48 Bn | 3.13 Bn | - | - |
| 10 | Alignment Healthcare | 2.66 Bn | 1.95 Bn | 180.96 Mn | 13.55% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 22.25% |
| Mar 31, 2026 | 30.50% |
| Dec 31, 2025 | 6.60% |
| Sep 30, 2025 | 13.38% |
| Jun 30, 2025 | 10.86% |
| Mar 31, 2025 | 25.82% |
| Dec 31, 2024 | 13.68% |
| Sep 30, 2024 | 17.31% |
| Jun 30, 2024 | 23.01% |
| Mar 31, 2024 | 27.43% |
| Dec 31, 2023 | 15.82% |
| Sep 30, 2023 | 19.22% |
| Jun 30, 2023 | 22.32% |
| Mar 31, 2023 | 25.73% |
| Dec 31, 2022 | 11.08% |
| Sep 30, 2022 | 12.85% |
| Jun 30, 2022 | 20.51% |
| Mar 31, 2022 | 24.49% |
| Dec 31, 2021 | 2.74% |
| Sep 30, 2021 | -2.16% |