---
schema_version: "secwatch.filing_event.v1"
accession: "0001014739-23-000007"
form_type: "8-K"
ticker: "OPCH"
cik: "0001014739"
company_name: "Option Care Health, Inc."
filed_at: "2023-02-23T23:59:59+00:00"
generated_at: "2026-06-19T01:15:10.025155+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Option Care Health Q4 revenue up 10.8% to $1.03B; authorizes $250M share buyback

## Summary
- Q4 net revenue $1,027.2M (+10.8% YoY); gross profit $231.1M (22.5% of revenue).
- Q4 net income $47.5M ($0.26 EPS) vs $75.5M ($0.42 EPS) in Q4 2021, which included a one-time tax benefit.
- Full-year 2022 net revenue $3,944.7M (+14.7% YoY); net income $150.6M ($0.83 basic EPS).
- Full-year 2022 adjusted EBITDA $342.9M (+18.3% YoY); cash from operations $267.5M (+28.2%).
- FY 2023 guidance: revenue $4.15B-$4.375B, adjusted EBITDA $370M-$390M, cash from ops at least $240M.

## SEC filing metadata
- accession: 0001014739-23-000007
- form_type: 8-K
- ticker: OPCH
- cik: 0001014739
- company_name: Option Care Health, Inc.
- filed_at: 2023-02-23T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1014739/000101473923000007/0001014739-23-000007-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1014739/000101473923000007/bios-20230223.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001014739-23-000007
- JSON: https://secwatch.observer/filing/0001014739-23-000007.json
- Plain text: https://secwatch.observer/filing/0001014739-23-000007.txt

## Key facts
- Earnings Releases
  Option Care Health, Inc. reported Fourth Quarter 2022 results: revenue $1,027.2 million, net income $47.5 million, EPS $0.26 earnings per share.
  - Period: Fourth Quarter 2022
  - Revenue: $1,027.2 million
  - Net income: $47.5 million
  - EPS: $0.26 earnings per share
  - Result: reported results
  source text: Net revenue of $1,027.2 million, up 10.8% compared to $927.2 million in the fourth quarter of 2021 • Gross profit of $231.1 million, or 22.5% of revenue, up 8.9% compared to $212.2 million, or 22.9% of revenue, in the fourth quarter of 2021 • Net income of $47.5 million, or $0.26 earnings per share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1014739/000101473923000007/0001014739-23-000007-index.htm
- Earnings Releases
  Option Care Health, Inc. reported Full Year 2022 results: revenue $3,944.7 million, net income $150.6 million, EPS $0.83 basic earnings per share.
  - Period: Full Year 2022
  - Revenue: $3,944.7 million
  - Net income: $150.6 million
  - EPS: $0.83 basic earnings per share
  - Result: reported results
  source text: Net revenue of $3,944.7 million, up 14.7% compared to $3,438.6 million in full year 2021 • Gross profit of $866.9 million, or 22.0% of revenue, up 11.2% compared to $779.6 million, or 22.7% of revenue, in full year 2021 • Net income of $150.6 million, or $0.83 basic earnings per share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1014739/000101473923000007/0001014739-23-000007-index.htm
- Earnings Releases
  Option Care Health, Inc. reported Full Year 2023 results: revenue $4.15 billion to $4.375 billion. Guidance initiated.
  - Period: Full Year 2023
  - Revenue: $4.15 billion to $4.375 billion
  - Guidance: initiated
  - Result: guidance update
  source text: Full Year 2023 Financial Guidance For the full year 2023, Option Care Health expects to deliver the following financial results: • Net revenue of $4.15 billion to $4.375 billion
  evidence_url: https://www.sec.gov/Archives/edgar/data/1014739/000101473923000007/0001014739-23-000007-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.