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Oscar Health OSCR Future policy benefits

Discontinued — last reported Q4 '25

Future policy benefits at other companies

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$197M-6.2%
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$0+100%
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$17.48B-1.4%
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$1.29B-3.9%
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Globe LifeGL
$145.53M-20.4%

Other financials

Income statement

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Revenue$4.6B+52.6%
Operating income$704.1M+137%
Net income$679.0M+147%
EPS (diluted)$2.07+125%

Balance sheet

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Cash & equivalents$4.8B+114%
Total debt$430.9M+43.7%
Total equity$1.7B+24.8%
Total assets$9.3B+59.0%

Cash flow

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Operating cash flow$2.6B+198%
CapEx$8.8M-2.6%
Free cash flow$2.6B+200%

Valuation

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Market cap$8.56B+4.0%
Enterprise value$4.16B-174%
P/S0.6×-0.2×

Profitability

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Operating margin0.1%
Net margin-0.3%
FCF margin-8.2%

Returns & leverage

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Return on equity-2.6%
Debt / equity0.3×0.0×
Current ratio1.1×+0.2×

Where this comes from

Reported directly by Oscar Health in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInFuturePolicyBenefitReserves.

The official record: Oscar Health’s 10-K, filed February 13, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Oscar Health's future policy benefits?
Oscar Health (OSCR) reported future policy benefits of $0 in Q4 2025.
How has Oscar Health's future policy benefits changed year-over-year?
Oscar Health's future policy benefits increased by 100.0% year-over-year, from -$1.44M to $0.
What is the long-term trend for Oscar Health's future policy benefits?
Over 4 years (2021 to 2025), Oscar Health's future policy benefits has grown at a -100.0% compound annual growth rate (CAGR), from -$55.33M to $0.
What does future policy benefits mean?
Represents the change in long-term liabilities set aside to meet future obligations for policyholders. This is distinct from short-term claim reserves and reflects the long-term nature of certain insurance products. It is a critical measure of long-term solvency and actuarial health.