Loading...
•
Mar 31, 2025
Oscar Health Q1 2025 Earnings Report
Oscar Health reported strong results with double-digit revenue and net income growth in Q1 2025.
Key Takeaways
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.
Forward Guidance
Oscar reaffirmed its full-year 2025 outlook, projecting continued margin expansion and revenue growth.
Positive Outlook
- Reaffirmed full-year 2025 outlook across all metrics.
- Expecting meaningful margin expansion driven by scale and efficiency.
- Continued focus on technology-led healthcare solutions.
- Operational improvements in SG&A cost structure.
- Sustained membership growth trajectory in core markets.
Challenges Ahead
- $31M negative earnings impact from prior period development.
- Decline in Cigna+Oscar membership.
- Unfavorable risk adjustment payable increase for 2024.
- Ongoing exposure to regulatory shifts in ACA programs.
- Slight uptick in MLR year-over-year due to prior year adjustments.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...