Company / Operating Margin
Oscar Health, Inc. Operating Margin History
FY2019-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Margin
-3.4%
FY2025
5-year range
-86.9% / 0.6%
FY2021-FY2025
Trend
-646.8%
vs FY2024
Sector context
#107 of 148
Health Care
What the data says
Operating Margin changed -647% YoY in FY2025, a notable deviation from the 6-year average annual change of -95%.
Based on SEC 10-K filings.
-3.4% in FY2025 with a 5-year CAGR of +83.5%.
Improved from -29.6% to -3.4% over the past 2 years.
Health Care sector context is included.
Operating Margin over time
Growth rates
- 3-Year Change
- +83.5pp
- 5-Year Change
- +83.5pp
- 10-Year Change
- -
Sector benchmark
#107 of 148 in Health CareTop 72% of 148This company -3.4% Sector average -284.8%
▼
+98.8% above sector average
Key checks
Key Insights
- In FY2025, operating margin decreased 646.8% year-over-year.
- Currently 281.4pp above the Health Care sector average.
- Peak operating margin was recorded in FY2024.
- Lowest operating margin in the period was in FY2022.
Company context
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | -3.4% | -646.8% |
| FY2024 | 0.6% | +102.1% |
| FY2023 | -29.6% | +65.9% |
| FY2022 | -86.9% | -63.6% |
| FY2021 | -53.1% | +38.9% |
| FY2020 | -86.9% | -63.6% |
| FY2019 | -53.1% | - |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026