---
schema_version: "secwatch.filing_event.v1"
accession: "0001014739-24-000019"
form_type: "8-K"
ticker: "OPCH"
cik: "0001014739"
company_name: "Option Care Health, Inc."
filed_at: "2024-04-23T23:59:59+00:00"
generated_at: "2026-06-03T11:11:36.864702+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Option Care Health Q1 revenue up 12.8% to $1.146B; EPS $0.26; cash flow hit by cyber incident

## Summary
- Net revenue $1,146.1M (+12.8% YoY); net income $44.8M ($0.26 EPS) vs $39.2M ($0.21) YoY.
- Gross margin narrowed to 20.8% from 22.5%; adjusted EBITDA $98.3M (+4.8% YoY).
- Cash flow from operations $(68.8)M vs $89.8M a year ago; cited Change Healthcare cyber incident.
- Completed $40M in stock repurchases; full-year guidance: rev $4.65B-$4.8B, adj EBITDA $430M-$450M.
- Received 2024 Gallup Exceptional Workplace Award.

## SEC filing metadata
- accession: 0001014739-24-000019
- form_type: 8-K
- ticker: OPCH
- cik: 0001014739
- company_name: Option Care Health, Inc.
- filed_at: 2024-04-23T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1014739/000101473924000019/0001014739-24-000019-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1014739/000101473924000019/bios-20240423.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001014739-24-000019
- JSON: https://secwatch.observer/filing/0001014739-24-000019.json
- Plain text: https://secwatch.observer/filing/0001014739-24-000019.txt

## Key facts
- Earnings Releases
  Option Care Health, Inc. reported first quarter ended March 31, 2024 results: revenue $1,146.1 million, net income $44.8 million, EPS $0.26 earnings per share.
  - Period: first quarter ended March 31, 2024
  - Revenue: $1,146.1 million
  - Net income: $44.8 million
  - EPS: $0.26 earnings per share
  - Result: reported results
  source text: site infusion services, announced today financial results for the first quarter ended March 31, 2024. First Quarter 2024 Financial Results and Highlights • Net revenue of $1,146.1 million, up 12.8% compared to $1,015.8 million in the first quarter of 2023 • Gross profit of $238.5 million, or 20.8% of net revenue, up 4.1% compared to $229.0 million, or 22.5% of net
  evidence_url: https://www.sec.gov/Archives/edgar/data/1014739/000101473924000019/0001014739-24-000019-index.htm

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