---
schema_version: "secwatch.filing_event.v1"
accession: "0001568651-25-000005"
form_type: "8-K"
ticker: "OSCR"
cik: "0001568651"
company_name: "Oscar Health, Inc."
filed_at: "2025-02-04T23:59:59+00:00"
generated_at: "2026-05-27T03:27:47.481561+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Oscar Health reports first-ever positive net income of $25.4M in 2024; appoints new insurance president

## Summary
- Total Revenue $9.2B (+56.5% YoY); Net income $25.4M ($0.10 diluted EPS) vs loss of $270.7M in 2023.
- Adjusted EBITDA $199.2M, a $244.5M improvement YoY, marking first year of profitability on this metric.
- 2025 guidance: Revenue $11.2-11.3B, MLR 80.7-81.7%, SG&A 17.6-18.1%, Earnings from Operations $225-275M.
- Janet Liang appointed EVP & President of Oscar Insurance, effective Feb 24, 2025; COO Steven Wolin resigned.
- Membership grew to 1.68M (+62% YoY); Individual & Small Group members 1.64M.

## SEC filing metadata
- accession: 0001568651-25-000005
- form_type: 8-K
- ticker: OSCR
- cik: 0001568651
- company_name: Oscar Health, Inc.
- filed_at: 2025-02-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1568651/000156865125000005/0001568651-25-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1568651/000156865125000005/oscr-20250129.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001568651-25-000005
- JSON: https://secwatch.observer/filing/0001568651-25-000005.json
- Plain text: https://secwatch.observer/filing/0001568651-25-000005.txt

## Source-grounded claims
- claim_id: 159f995829
  claim: Janet Liang was appointed as EVP and President of Oscar Insurance at Oscar Health, Inc..
  evidence_excerpt: appointed Janet Liang as EVP and President of Oscar Insurance, effective February 24, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1568651/000156865125000005/0001568651-25-000005-index.htm
- claim_id: c77d6e4c8f
  claim: Steven Wolin resigned as EVP and Chief Operating Officer at Oscar Health, Inc..
  evidence_excerpt: Steven Wolin resigned as EVP and Chief Operating Officer of the Company, effective as of February 5, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1568651/000156865125000005/0001568651-25-000005-index.htm
- claim_id: eae6068243
  claim: Alessandrea Quane departed as EVP, Chief Insurance Officer at Oscar Health, Inc..
  evidence_excerpt: Alessandrea Quane, the Company’s EVP, Chief Insurance Officer, will cease serving in this role effective as of February 24, 2025 and her employment with the Company and Oscar Management Corporation (“OMC”) will terminate effective as of March 3, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1568651/000156865125000005/0001568651-25-000005-index.htm

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