Oscar Health (OSCR) Gross Margin (2020 - 2026)
Oscar Health (OSCR) reported Gross Margin of 22.25% for Q2 2026, up 11.39 percentage points from 10.86% a year earlier but down 8.25 percentage points from the prior quarter.
Oscar Health (OSCR) Gross Margin (2020 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Oscar Health's Gross Margin came in at 20.16%, up 2.96 percentage points year-over-year; for FY2025, it came in at 14.38%, down 5.73 percentage points from FY2024.
- Gross Margin has a five-year change of -18.78 percentage points (FY2020 to FY2025).
- By year, Gross Margin came in at 20.10% in FY2024 (-0.72 pp), 20.82% in FY2023 (+3.60 pp), 17.23% in FY2022 (+5.55 pp) and 11.68% in FY2021 (-21.48 pp).
- Five-year quarterly Gross Margin spans a low of -2.16% in Q3 2021 and a high of 30.50% in Q1 2026.
- Year over year, Gross Margin gained in two of the last eight quarters, with an average year-over-year change of -1.59 percentage points.
- The high point for year-over-year Gross Margin in five years was Q3 2022 (a gain of 15.01 percentage points); the low point was Q4 2021 (a drop of 43.84 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 30.50% (Q1 2026), 6.60% (Q4 2025) and 13.38% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 332.42 Bn | 217.05 Bn | 36.67 Bn | 32.74% |
| 2 | Cvs Health | 109.55 Bn | 62.16 Bn | 47.23 Bn | 44.52% |
| 3 | Mckesson | 99.61 Bn | 86.08 Bn | 3.69 Bn | 3.50% |
| 4 | Elevance Health | 84.30 Bn | -57.44 Bn | 13.45 Bn | 26.65% |
| 5 | Cigna | 71.83 Bn | 41.37 Bn | 14.97 Bn | 20.88% |
| 6 | Cencora | 57.33 Bn | 46.42 Bn | 3.61 Bn | 4.26% |
| 7 | Cardinal Health | 51.76 Bn | 35.76 Bn | 2.56 Bn | 4.02% |
| 8 | Humana | 45.82 Bn | -41.98 Bn | 5.50 Bn | 13.45% |
| 9 | Centene | 30.70 Bn | -59.59 Bn | 14.55 Bn | 27.16% |
| 10 | Oscar Health | 8.43 Bn | -13.95 Bn | 1.09 Bn | 22.25% |
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% |
Oscar Health Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=OSCR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "OSCR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=OSCR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();