---
schema_version: "secwatch.filing_event.v1"
accession: "0001014739-23-000032"
form_type: "8-K"
ticker: "OPCH"
cik: "0001014739"
company_name: "Option Care Health, Inc."
filed_at: "2023-07-27T23:59:59+00:00"
generated_at: "2026-06-12T23:31:52.467357+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Option Care Health Q2 beats: revenue $1.07B, adj EBITDA $110.1M; received $106M termination fee from Amedisys

## Summary
- Net revenue $1,069.1M (+9% YoY); gross profit $250.8M (23.5% of revenue) up 15.6%.
- Net income $114.4M ($0.64 basic EPS) vs $33.9M ($0.19) in prior year, up 237%.
- Adjusted EBITDA $110.1M (+29.2% YoY); cash flow from operations $169.5M.
- Received $106.0M termination fee from Amedisys after rescinding merger agreement.
- Updated FY2023 guidance: revenue $4.2-4.3B, adj. EBITDA $415-425M, CFO at least $350M.

## SEC filing metadata
- accession: 0001014739-23-000032
- form_type: 8-K
- ticker: OPCH
- cik: 0001014739
- company_name: Option Care Health, Inc.
- filed_at: 2023-07-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1014739/000101473923000032/0001014739-23-000032-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1014739/000101473923000032/bios-20230727.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001014739-23-000032
- JSON: https://secwatch.observer/filing/0001014739-23-000032.json
- Plain text: https://secwatch.observer/filing/0001014739-23-000032.txt

## Key facts
- Earnings Releases
  Option Care Health, Inc. reported the second quarter ended June 30, 2023 results: revenue $1,069.1 million, net income $114.4 million, EPS $0.64 basic earnings per share.
  - Period: the second quarter ended June 30, 2023
  - Revenue: $1,069.1 million
  - Net income: $114.4 million
  - EPS: $0.64 basic earnings per share
  - Result: reported results
  source text: Net revenue of $1,069.1 million, up 9.0% compared to $980.8 million in the second quarter of 2022 • Gross profit of $250.8 million, or 23.5% of net revenue, up 15.6% compared to $216.9 million, or 22.1% of net revenue, in the second quarter of 2022 • Net income of $114.4 million, or $0.64 basic earnings per share, up 237.2% compared to net income of $33.9 million, or $0.19 basic earnings per share, in the second quarter of 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1014739/000101473923000032/0001014739-23-000032-index.htm
- Earnings Releases
  Option Care Health, Inc. reported Full Year 2023 results: revenue $4.2 billion to $4.3 billion.
  - Period: Full Year 2023
  - Revenue: $4.2 billion to $4.3 billion
  - Result: guidance update
  source text: Updated Full Year 2023 Financial Guidance For the full year 2023, Option Care Health expects to generate: • Net Revenue of $4.2 billion to $4.3 billion • Adjusted EBITDA of $415 million to $425 million • Cash Flow from Operations of at least $350 million, inclusive of Amedisys termination fee, net of expenses
  evidence_url: https://www.sec.gov/Archives/edgar/data/1014739/000101473923000032/0001014739-23-000032-index.htm

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