secwatch.observer — SEC 8-K summary
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Issuer:     Oscar Health, Inc. (OSCR)
CIK:        0001568651
Form:       8-K
Filed at:   2026-02-10T23:59:59+00:00
Accession:  0001568651-26-000008
Event type: earnings
Sentiment:  neutral
Materiality: 0.85
Item codes: 1.01, 2.02, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Oscar Health reports record 3.4M members, FY2025 net loss $443M; guides FY2026 revenue $18.7-$19B
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- Full-year 2025 net loss $443.2M ($1.69 diluted EPS) vs prior-year net income $25.4M ($0.10 diluted EPS).
- Record membership of ~3.4 million as of Dec 31, 2025, up from 1.68 million a year earlier.
- FY2025 total revenue $11.7B (up 27% YoY); medical loss ratio 87.4% (vs 81.7% in 2024).
- FY2026 guidance: revenue $18.7-$19.0B, MLR 82.4-83.4%, SG&A ratio 15.8-16.3%, operating earnings $250-$450M.
- Entered into $475M secured three-year revolving credit facility (Feb 6, 2026) for general corporate purposes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1568651/000156865126000008/0001568651-26-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1568651/000156865126000008/oscr-20260206.htm
  HTML page:      https://secwatch.observer/filing/0001568651-26-000008

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