Oscar Health, Inc. (OSCR) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | 2.62B | 671.9M | -964.66M | 509.07M | 878.54M | 346.82M | -500.14M | 497.15M | 634.36M | 296.87M | -1.15B | 165.52M | 414.71M | 151.39M | -548.36M | 214.47M | 562.85M | 34.48M | -589.25M | 55.34M |
| Operating CF Margin % | 56.36% | 23.95% | -32.31% | 17.77% | 28.84% | 14.5% | -20.64% | 22.4% | 29.6% | 20.74% | -79.81% | 10.87% | 28.22% | 14.59% | -53.84% | 20.26% | 55.67% | 6.63% | -127.49% | 10.07% |
| Operating CF Growth % | 198.11% | 93.73% | -92.88% | 2.4% | 38.49% | 16.83% | 56.48% | 200.35% | 52.96% | 96.09% | -109.58% | -22.82% | -26.32% | 339.09% | 6.94% | 287.57% | 77.17% | -61.25% | - | - |
| Net Income | 679M | -352.43M | -137.48M | -228.49M | 275.51M | -153.28M | -54.17M | 56.31M | 177.48M | -149.84M | -65.7M | -15.43M | -39.77M | -226.56M | -193.55M | -112.13M | -77.32M | -198.24M | -211.48M | -73.32M |
| Depreciation & Amortization | 0 | 7.88M | 7.31M | 6.97M | 6.73M | 9.23M | 7.5M | 7.6M | 7.81M | 7.74M | 9.19M | 8.82M | 4.94M | 3.73M | 4.06M | 3.69M | 3.8M | 3.97M | 3.65M | 3.59M |
| Stock-Based Compensation | 0 | 18.09M | 20.48M | 24.11M | 24.98M | 25.86M | 29.31M | 28.71M | 25.95M | 26.14M | 28.77M | 33.28M | 71.49M | 29.09M | 28.56M | 26.99M | 27.69M | 28.27M | 20.64M | 18.27M |
| Deferred Taxes | 0 | 2.62M | -175K | -36K | 36K | -2.27M | -119K | 130K | -79K | -37K | 69K | 209K | -183K | -171K | 2K | 4K | 0 | -109K | -18K | 18K |
| Other Non-Cash Items | 10.69M | 7.37M | -8.26M | -23.11M | -16.25M | -6.55M | 357.96M | -6M | -7.03M | 22.29M | -5.11M | -6.5M | 1.55M | -1.46M | 1.95M | 1.34M | 2.63M | 2.6M | 2.44M | 1.82M |
| Working Capital Changes | 1.93B | 988.37M | -846.54M | 729.63M | 587.54M | 473.84M | -840.63M | 410.39M | 430.24M | 390.57M | -1.12B | 145.14M | 376.69M | 346.76M | -389.39M | 294.57M | 606.05M | 197.99M | -404.48M | 104.96M |
| Change in Receivables | 0 | 99.06M | 48.31M | 33.77M | -82.58M | -35.94M | 98.12M | -63.71M | -152.49M | 16.03M | 66.05M | 77.81M | 464.34M | -75.02M | -115.23M | -175.37M | -182.54M | -30.5M | -48.7M | -58.11M |
| Change in Inventory | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Change in Payables | 0 | 90.19M | -36.12M | -68.28M | 181.92M | 24.92M | 47.76M | 40.94M | 29.39M | 5.89M | -3.36M | -11.87M | -386.48M | 35.99M | 29.68M | 42.29M | 172.27M | 57.25M | -4.01M | 2.77M |
| Cash from Investing | -590.25M | -48.71M | 150.08M | -168.21M | -174.23M | -31.45M | -577.77M | -477.63M | -300.59M | 172.48M | 225.3M | 43.9M | 135.51M | -706.68M | 298.77M | 78.58M | 102.81M | -19.84M | -12.36M | -708.03M |
| Capital Expenditures | -8.79M | -9.06M | -9.01M | -9.28M | -9.03M | -6.82M | -7.57M | -7.56M | -5.95M | -6.1M | -6.48M | -5.62M | -7.38M | -7.13M | -9.62M | -6.02M | -6.25M | -7.21M | -6.15M | -5.95M |
| CapEx % of Revenue | 0.19% | 0.32% | 0.3% | 0.32% | 0.3% | 0.29% | 0.31% | 0.34% | 0.28% | 0.43% | 0.45% | 0.37% | 0.5% | 0.69% | 0.94% | 0.57% | 0.62% | 1.38% | 1.33% | 1.08% |
| Acquisitions | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 1.05M | -526K | 526K | 0 | -13K | 2.49M | 825K | 626K | -2.38M | 622K | -522K | 0 | -432K | 525K | 412K | 611K | 3.05M | 3.63M | 0 |
| Cash from Financing | -3.6M | 8.17M | 364.03M | 22.13M | 4.87M | 3.82M | 18.56M | 18.7M | 27.31M | 1.07M | 2.32M | 2.55M | 506K | 527K | 423K | 1.39M | 298.77M | 12.97M | 11.2M | 2.99M |
| Debt Issued (Net) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Equity Issued (Net) | 1.14M | 12.84M | 12.9M | 23.57M | 5.73M | 3.82M | 18.56M | 18.7M | 27.31M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -4.74M | 0 | -1.75M | -1.43M | -855K | 0 | 0 | 0 | 0 | 1.07M | 2.32M | 2.55M | 506K | 527K | 423K | 1.39M | -6.22M | 12.97M | 11.2M | 2.99M |
| Net Change in Cash | 2.03B | 625.29M | -450.08M | 362.99M | 709.19M | 319.19M | -1.06B | 38.23M | 361.08M | 470.41M | -921.64M | 211.97M | 550.73M | -554.76M | -249.16M | 294.43M | 964.43M | 27.61M | -590.41M | -649.71M |
| Free Cash Flow | 2.61B | 662.84M | -973.66M | 499.79M | 869.52M | 340M | -507.71M | 489.59M | 628.41M | 290.77M | -1.16B | 159.91M | 407.34M | 144.26M | -557.98M | 208.45M | 556.6M | 27.27M | -595.4M | 49.39M |
| FCF Margin % | 56.17% | 23.63% | -32.61% | 17.45% | 28.54% | 14.21% | -20.95% | 22.06% | 29.33% | 20.31% | -80.26% | 10.51% | 27.72% | 13.9% | -54.78% | 19.7% | 55.05% | 5.24% | -128.82% | 8.98% |
| FCF Growth % | 200.19% | 94.95% | -91.78% | 2.08% | 38.37% | 16.93% | 56.07% | 206.17% | 54.27% | 101.55% | -107.13% | -23.29% | -26.82% | 428.96% | 6.29% | 322.06% | 78.91% | -68.16% | - | - |
| FCF per Share | 7.92 | 2.34 | -3.76 | 1.85 | 2.84 | 1.28 | -2.09 | 1.61 | 2.14 | 1.28 | -5.18 | 0.73 | 1.88 | 0.67 | -2.62 | 0.99 | 2.64 | 0.13 | -2.86 | 0.24 |
| FCF Conversion (FCF/Net Income) | 3.86x | -1.91x | 7.02x | -2.23x | 3.19x | -2.26x | 9.16x | 8.85x | 3.58x | -1.98x | 17.57x | -10.66x | -10.43x | -0.67x | 2.84x | -1.91x | -7.49x | -0.17x | 2.79x | -0.75x |
| Interest Paid | 0 | 1.27M | 155K | 0 | 154K | 11.21M | 11.21M | 151K | 11.12M | 263K | 257K | 11.32M | 11.32M | 269K | 8.71M | 844K | 261K | 262K | 252K | 189K |
| Taxes Paid | 0 | 19K | 2.02M | 0 | 0 | 38K | 552K | 0 | 0 | 1.41M | 600K | 0 | 0 | 233K | -7.89M | 0 | 0 | -239K | 122K | 0 |