---
schema_version: "secwatch.filing_event.v1"
accession: "0001014739-23-000040"
form_type: "8-K"
ticker: "OPCH"
cik: "0001014739"
company_name: "Option Care Health, Inc."
filed_at: "2023-10-25T23:59:59+00:00"
generated_at: "2026-06-09T09:37:06.341357+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Option Care Health Q3 net income up 45% to $56.3M; guides FY23 revenue $4.23B-$4.28B

## Summary
- Net revenue $1,093.0M (+7.1% YoY); gross profit margin expanded to 23.3% from 21.4%.
- Net income $56.3M ($0.31 basic EPS) vs $38.8M ($0.21) in Q3 2022, +45%.
- Adjusted EBITDA $109.8M, up 28.2% YoY; cash flow from operations $61.0M.
- FY2023 guidance: net revenue $4.23B-$4.28B, Adj. EBITDA $420M-$425M, CFO at least $350M.

## SEC filing metadata
- accession: 0001014739-23-000040
- form_type: 8-K
- ticker: OPCH
- cik: 0001014739
- company_name: Option Care Health, Inc.
- filed_at: 2023-10-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1014739/000101473923000040/0001014739-23-000040-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1014739/000101473923000040/bios-20231025.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001014739-23-000040
- JSON: https://secwatch.observer/filing/0001014739-23-000040.json
- Plain text: https://secwatch.observer/filing/0001014739-23-000040.txt

## Key facts
- Earnings Releases
  Option Care Health, Inc. reported third quarter ended September 30, 2023 results: revenue $1,093.0 million, net income $56.3 million, EPS $0.31 basic earnings per share.
  - Period: third quarter ended September 30, 2023
  - Revenue: $1,093.0 million
  - Net income: $56.3 million
  - EPS: $0.31 basic earnings per share
  - Result: reported results
  source text: site infusion services, announced today financial results for the third quarter ended September 30, 2023. Third Quarter 2023 Financial Results and Highlights • Net revenue of $1,093.0 million, up 7.1% compared to $1,020.9 million in the third quarter of 2022 • Gross profit of $254.3 million, or 23.3% of net revenue, up 16.6% compared to $218.0 million, or 21.4% of net
  evidence_url: https://www.sec.gov/Archives/edgar/data/1014739/000101473923000040/0001014739-23-000040-index.htm

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