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Oscar Health saw substantial revenue growth driven by higher membership, accompanied by improved operating and net income margins.
Total revenue grew to $3.05B, up significantly from $2.14B in Q1 2024.
Net income rose to $275.3M, reflecting strong operational efficiency.
Adjusted EBITDA increased to $328.8M from $219.3M last year.
Total membership exceeded 2 million, primarily driven by Individual and Small Group plans.
Oscar reaffirmed its full-year 2025 outlook, projecting continued margin expansion and revenue growth.
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