---
schema_version: "secwatch.filing_event.v1"
accession: "0001568651-24-000021"
form_type: "8-K"
ticker: "OSCR"
cik: "0001568651"
company_name: "Oscar Health, Inc."
filed_at: "2024-08-07T23:59:59+00:00"
generated_at: "2026-05-31T11:45:00.090555+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Oscar Health Q2 net income $56.2M, rev $2.2B +46% YoY, raises FY guidance

## Summary
- Net income of $56.2M ($0.20 diluted EPS) vs. loss of $15.5M a year ago.
- Total revenue $2.2B, up 46% YoY driven by higher membership and rate increases.
- Adjusted EBITDA $104.1M, up from $35.6M in Q2 2023; MLR improved 90bps to 79.0%.
- Raised FY 2024 revenue guidance to $9.0-9.1B (prior $8.3-8.4B) and Adj EBITDA to $160-210M (prior $125-175M).
- Total membership 1.58M, up 63% YoY, driven by Individual & Small Group growth.

## SEC filing metadata
- accession: 0001568651-24-000021
- form_type: 8-K
- ticker: OSCR
- cik: 0001568651
- company_name: Oscar Health, Inc.
- filed_at: 2024-08-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1568651/000156865124000021/0001568651-24-000021-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1568651/000156865124000021/oscr-20240807.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001568651-24-000021
- JSON: https://secwatch.observer/filing/0001568651-24-000021.json
- Plain text: https://secwatch.observer/filing/0001568651-24-000021.txt

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