Below are the financial statements of Oscar Health, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenue premium | 8,971.26a | 5,686.07a | 3,871.12a |
| Investment income | 185.73a | 155.45a | 27.59a |
| Services and other | 20.58a | 21.35a | 64.93a |
| Total revenue | 9,177.56a | 5,862.87a | 3,963.64a |
| Operating expenses | — | — | — |
| Medical | -7,332.59a | -4,642.02a | -3,280.8a |
| Selling, general, and administrative | -1,755.57a | -1,425.77a | -1,257.42a |
| Depreciation and amortization | -32.15a | -30.69a | -15.28a |
| Total operating expenses | -9,120.3a | -6,098.48a | -4,553.51a |
| Earnings (loss) from operations | 57.27a | -235.62a | -589.87a |
| Interest expense | -23.73a | -24.6a | -22.62a |
| Other expenses (income) | 0.11a | 7.08a | -2.42a |
| Earnings (loss) before income taxes | 33.43a | -267.3a | -610.08a |
| Income tax expense (benefit) | -7.31a | -3.29a | -0.52a |
| Net income (loss) | 26.12a | -270.59a | -609.55a |
| Less: net income (loss) attributable to noncontrolling interests | 0.69a | 0.13a | -3.28a |
| Net income (loss) attributable to Oscar Health, Inc. | 25.43a | -270.73a | -606.28a |
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