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For the quarter ending 2026-03-31, OSCR had $2,025,127K increase in cash & cash equivalents over the period. $2,610,186K in free cash flow.

Cash Flow Overview

Change in Cash
$2,025,127K
Free Cash flow
$2,610,186K
Unit: Thousand (K) dollars
Positive Cash Flow Breakdown
    • Payables to cms
    • Net income
    • Maturity and paydowns of investm...
    • Others
Negative Cash Flow Breakdown
    • Purchase of investments
    • Accounts receivable
    • Receivables from cms
    • Others

Cash Flow
2026-03-31
2025-12-31
2025-09-30
2025-06-30
Net income
679,023 -352,434 -137,484 -228,491
Deferred taxes
-6,204 2,624 -175 -36
Net realized gain on sale of financial instruments
4 37 1,171 12
Depreciation and amortization expense
7,018 7,880 7,312 6,970
Amortization of debt issuance costs
1,015 856 385 195
Stock-based compensation expense
15,969 18,085 20,485 24,109
Net accretion of investments
7,077 6,727 7,399 7,994
Non-cash inducement payment for convertible note conversion (note 9)
-13,336 --
Change in provision for credit losses
-55 -54 -70 -15,300
Premiums and accounts receivable
--2,908 -19,970 -39,415
Receivables from cms
86,165 ---
Risk adjustment transfer receivable
--36,516 4,964 491
Accounts receivable
224,288 ---
Reinsurance recoverable
42,737 -59,641 -33,307 5,151
Other assets
-5,344 -2,643 3,247 13,247
Benefits payable
278,666 -109,010 12,763 86,054
Premium deficiency reserve
-0 0 0
Payables to cms
1,993,149 ---
Accounts payable and other liabilities
-2,007 93,890 -30,010 -58,019
Unearned premiums
5,800 89,087 7,627 -1,408
Reinsurance payable
1,533 -3,696 -6,105 -10,263
Risk adjustment transfer payable
-816,395 -875,882 692,736
Net cash provided by operating activities
2,618,980 671,903 -964,658 509,067
Purchase of investments
914,842 233,245 172,835 270,969
Sale of investments
35,000 0 118,470 0
Maturity and paydowns of investments
299,243 192,551 210,754 111,513
Purchase of property, equipment and capitalized software
8,794 9,062 9,007 9,277
Change in restricted deposits
860 -1,050 -2,699 -526
Net cash used in investing activities
-590,253 -48,706 150,081 -168,207
Proceeds from long-term debt
-0 410,000 -
Payments of debt issuance costs
4,739 225 22,677 -
Inducement payment for convertible note conversion
-4,445 --
Purchase of capped calls related to convertible notes
-0 34,440 -
Tax payments related to net settlement of share-based awards
0 0 1,746 1,434
Proceeds from exercise of stock options
1,139 12,841 12,897 23,567
Proceeds from joint venture contribution
-0 --
Net cash (used in) provided by financing activities
-3,600 8,171 364,034 22,133
Increase in cash, cash equivalents and restricted cash equivalents
2,025,127 631,368 -450,543 362,993
Cash, cash equivalents, restricted cash and cash equivalentsbeginning of period
2,804,123 -621,637 -1,072,180 1,551,118
Cash, cash equivalents, restricted cash and cash equivalentsend of period
4,829,250 631,368 -450,543 2,623,298
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

Show the time plot by selecting a row from the table.

Cash Flow

Payables to cms$1,993,149K Net income$679,023K (146.46%↑ Y/Y)Benefits payable$278,666K (156.01%↑ Y/Y)Stock-based compensationexpense$15,969K (-36.06%↓ Y/Y)Depreciation andamortization expense$7,018K (4.28%↑ Y/Y)Unearned premiums$5,800K (266.09%↑ Y/Y)Other assets-$5,344K (-140.29%↓ Y/Y)Reinsurance payable$1,533K (108.66%↑ Y/Y)Amortization of debt issuancecosts$1,015K (423.20%↑ Y/Y)Net cash provided byoperating activities$2,618,980K (198.11%↑ Y/Y)Canceled cashflow$368,537K Increase in cash, cashequivalents and restricted...$2,025,127K (185.56%↑ Y/Y)Canceled cashflow$593,853K Accounts receivable$224,288K Receivables from cms$86,165K Reinsurance recoverable$42,737K (141.10%↑ Y/Y)Net accretion ofinvestments$7,077K (-7.77%↓ Y/Y)Deferred taxes-$6,204K (-17333.33%↓ Y/Y)Accounts payable andother liabilities-$2,007K (-101.01%↓ Y/Y)Change in provision forcredit losses-$55K (99.36%↑ Y/Y)Net realized gain onsale of financial...$4K (-96.64%↓ Y/Y)Maturity and paydowns ofinvestments$299,243K (91.94%↑ Y/Y)Sale of investments$35,000K (122.07%↑ Y/Y)Proceeds from exercise ofstock options$1,139K (-80.12%↓ Y/Y)Net cash used ininvesting activities-$590,253K (-238.78%↓ Y/Y)Net cash (used in)provided by financing...-$3,600K (-173.88%↓ Y/Y)Canceled cashflow$334,243K Canceled cashflow$1,139K Purchase of investments$914,842K (171.57%↑ Y/Y)Payments of debt issuancecosts$4,739K Purchase of property,equipment and capitalized...$8,794K (-2.57%↓ Y/Y)Change in restricteddeposits$860K

OSCR_BIG copy-svg-svg

Oscar Health, Inc. (OSCR)

OSCR_BIG copy-svg-svg

Oscar Health, Inc. (OSCR)