Oscar Health, Inc. (OSCR)财务
NYSE · Healthcare · Medical - Healthcare Plans · 员工2,305人 · CEO Mark Thomas Bertolini
- 股价
- $30.37 -1.36%
- 市值
- $78.7亿
- 企业价值
- $42.3亿
- 最近财报
- Q2 '26 2026-08-07提交
- 下次财报
- 2026-11-05 EPS预期 -$0.14
营收(TTM)$153亿+42.8% 对比去年同期最近4个季度;柱状图=各季度
营业利润率(TTM)4.1%+5.3 百分点 对比去年同期营业利润 $6.24亿
净利润(TTM)$5.51亿+441.6% 对比去年同期税后,含营业外收益
自由现金流(TTM)$43.3亿+260.8% 对比去年同期资本支出 $3860万
稀释EPS(TTM)$1.40+284.2% 对比去年同期最近4个季度之和
净现金$81.2亿+151.0% 对比去年同期现金 + 短期投资 - 债务
估值与关键数据
- 市值
- $78.7亿 EV $42.3亿
- 营收
- $153亿 过去12个月
- 营收增速
- +59% FY2026年一致预期
- 净利润率
- 3.6% 净利润 / 营收,TTM
- P/E
- 17.8× 预期 15.7×(FY2026)
- P/S
- 0.5× 股价 / 营收,TTM
- EV / EBITDA
- 6.7× TTM
- 自由现金流
- $43.3亿 过去12个月
- 净利润
- $5.51亿 过去12个月
- 营收预期
- $186亿 FY2026年一致预期
- 盈利
- 2026-11-05 营收预期 $46.9亿
- 股息
- – 无股息
核心要点
根据披露数据计算,每条结论都附有其依据的数字。
- 最近财报(2026-08-06):营收超预期1.3%,EPS 超预期173.0%营收$47.9亿,预期$47.3亿(+1.3%);EPS $1.10,预期$0.40(+173.0%)。
- 营收增长加速:同比70.4%Q2 '26营收$48.8亿,此前四个季度的平均值为30.5%。
- 营业利润率4.1%(TTM),较去年同期+5.3 百分点营收增长42.8%,营业利润增长567.8%。
- 资本支出占营收的0.3%(去年为0.3%)最近4个季度投入$3860万(同比+18.2%)。自由现金流$43.3亿,相当于净利润的787.1%。
- 稀释股数一年内增加23.4%Q2 '26稀释股数3.33亿,一年前为2.7亿。
- 净现金 $81.2亿现金 + 短期投资 $85.6亿,含租赁债务 $4.32亿;一年前净现金 $32.4亿。
上一季度:Q2 '26
截至2026-06-30的季度。与去年同期及财报发布前的分析师一致预期对比。
本季度与去年同期
| Q2 '26 | 去年同期 | 变化 | |
|---|---|---|---|
| 营收 | $48.8亿 | $28.6亿 | +70.4% |
| 毛利率 | 100.0% | 10.9% | +89.1 百分点 |
| 营业利润 | $3.83亿 | -$2.3亿 | +266.2% |
| 营业利润率 | 7.8% | -8.0% | +15.9 百分点 |
| 净利润 | $3.62亿 | -$2.28亿 | +258.4% |
| 稀释EPS | $1.10 | -$0.84 | +231.0% |
| 经营现金流 | $20.5亿 | $5.09亿 | +302.2% |
| 资本支出 | $1180万 | $928万 | +26.8% |
| 自由现金流 | $20.4亿 | $5亿 | +307.3% |
| R&D | $0 | $0 | – |
| 股权激励费用 | $2070万 | $2410万 | -14.3% |
实际 vs 一致预期
2026-08-06| 实际 | 一致预期 | 对比预期 | |
|---|---|---|---|
| 营收 | $47.9亿 | $47.3亿 | +1.3% |
| EPS(一致预期口径) | $1.10 | $0.40 | +173.0% |
来自2026-08-06发布的Q2 '26财报：营收及分析师预期口径的EPS（通常为调整后），可能与上方报表中的EPS不同。
EPS与一致预期
最近8次财报营收
收入从何而来,按业务线和地区逐季展示。
营收、营业利润与增速
季度利润率与成本结构
每一单位营收在各层级还剩多少,成本又花在哪里。
利润率
季度成本占营收比例
季度现金流与资本配置
创造了多少现金,用在何处,又有多少回到股东手中。
经营现金流、资本支出、自由现金流
季度现金用途与经营现金流
财年最近4个季度
现金流量表- 经营现金流
- $43.7亿
- 资本支出
- -$3860万
- 股票回购
- $0
- 股息
- $0
- 收购
- $0
- 债务净发行
- $3.48亿
- 股权激励费用
- $7520万
- 自由现金流
- $43.3亿
- 股东回报 / FCF
- -0.0%
股数与EPS
季度,稀释资产负债表
各季度末的流动性、投资和债务。
现金、投资与债务
季度末估值与回报
当前估值倍数与公司自身过去五个财年对比;分析师目标价与评级。
估值倍数与回报
TTM与过去5个财年| 当前 | 5年均值 | 当前处于5年区间的位置 | |
|---|---|---|---|
| P/E(TTM) | 17.8× | 122.2× 5年中的1年 | 122.2× – 122.2× |
| EV / EBITDA | 6.7× | 11.9× 5年中的2年 | 1.3× – 22.4× |
| EV / 营收 | 0.3× | 0.1× 5年中的4年 | 0.1× – 0.2× |
| 股价 / FCF | 1.8× | 2.8× 5年中的3年 | 1.5× – 3.6× |
| 股价 / 净资产 | 4.5× | 2.2× | 0.6× – 3.9× |
| FCF收益率 | 55.1% | 19.0% | -14.8% – 67.2% |
| 投入资本回报率 | 23.0% | -20.7% | -39.1% – 2.7% |
| 净资产收益率 | 38.5% | -37.2% | -68.1% – 2.5% |
分析师
一致目标价 $37.43 (+23.2%)
区间 $20.00 – $49.00 · 评级 Hold
强烈买入0
买入4
持有8
卖出1
强烈卖出0
展望
分析师对未来财年的一致预期,以及按当前股价意味着什么。
一致预期
| 财年 | 营收 | 增速 | EPS | 增速 | 按当前股价的P/E | 分析师(EPS) |
|---|---|---|---|---|---|---|
| FY2026 | $186亿 | +59.3% | $1.93 | +214.4% | 15.7× | 6 |
| FY2027 | $209亿 | +11.9% | $2.39 | +23.4% | 12.7× | 6 |
| FY2028 | $245亿 | +17.6% | $2.89 | +20.9% | 10.5× | 6 |
| FY2029 | $325亿 | +32.4% | $4.02 | +39.3% | 7.6× | 3 |
| FY2030 | $375亿 | +15.4% | $4.85 | +20.6% | 6.3× | 2 |
财务报表
利润表、资产负债表和现金流量表的每一项,含12个季度和10个财年,以金额、占营收比例或增速展示。
全部披露项目
Oscar Health, Inc.在近期10-Q / 10-K文件中标记的全部215项数据,附SEC官方标签和定义,包括附注(租赁、税务、回购、员工等)。
| 项目(SEC标签) | 最近季度 | 去年同期 | 同比 | 最近财年 | 上一财年 | 同比 |
|---|---|---|---|---|---|---|
| Accounts Payable and Accrued Liabilities, Current | $5.26亿 | $5.84亿 | -10.0% | $6.5亿 | $4.32亿 | +50.2% |
| Accounts Receivable, after Allowance for Credit Loss, Current | $3.8亿 | – | – | – | – | – |
| Accounts Receivable, Allowance for Credit Loss, Current | $5530万 | – | – | – | – | – |
| Accretion (Amortization) of Discounts and Premiums, Investments | $821万 | $799万 | +2.7% | $2980万 | $2690万 | +10.8% |
| Accrued Investment Income Receivable | $4660万 | $2180万 | +113.8% | $2020万 | $1980万 | +2.0% |
| Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment | $1.42亿2025-12-31 | $1.14亿 | +24.1% | $1.42亿 | $1.14亿 | +24.1% |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | -$825万 | $1370万 | -160.1% | $1800万 | -$183万 | +1,086.9% |
| Additional Paid in Capital | $43.2亿 | $39.5亿 | +9.2% | $42.6亿 | $38.7亿 | +10.0% |
| Amortization of Debt Issuance Costs | $115万 | $19.5万 | +488.7% | $163万 | $77.8万 | +109.5% |
| Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount | 64.8万 | 7020万 | -99.1% | 4770万 | 3820万 | +24.6% |
| Assets | $112亿 | $63.8亿 | +75.9% | $63.3亿 | $48.4亿 | +30.7% |
| Assets, Current | $93.7亿 | $43.1亿 | +117.3% | $46.1亿 | $28.5亿 | +62.1% |
| Assets, Fair Value Disclosure | $62.7亿 | – | – | $27.4亿 | $25.4亿 | +7.8% |
| Assumed Premiums Earned | -$67.9万 | $1560万 | -104.3% | $4660万 | $2.2亿 | -78.8% |
| Benefits, Losses and Expenses | $44.9亿 | $30.9亿 | +45.2% | $121亿 | $91.2亿 | +32.6% |
| Cash and Cash Equivalents, at Carrying Value | $40.8亿 | $26亿 | +56.8% | $27.7亿 | $15.3亿 | +81.7% |
| Cash and Cash Equivalents, Fair Value Disclosure | $1.89亿 | – | – | $4960万 | $9530万 | -48.0% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $41亿 | $26.2亿 | +56.3% | $28亿 | $15.5亿 | +80.8% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | -$7.29亿 | $3.63亿 | -300.8% | $12.5亿 | -$3.41亿 | +467.6% |
| Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest | $2万 | -$13万 | +115.4% | $24.8万 | $68.9万 | -64.0% |
| Comprehensive Income (Loss), Net of Tax, Attributable to Parent | $3.49亿 | -$2.24亿 | +255.4% | -$4.23亿 | $2230万 | -1,998.5% |
| Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest | $3.49亿 | -$2.24亿 | +255.4% | -$4.23亿 | $2300万 | -1,940.5% |
| Current Federal Tax Expense (Benefit) | – | – | – | $306万 | $222万 | +37.9% |
| Current Income Tax Expense (Benefit) | – | – | – | $316万 | $964万 | -67.3% |
| Current State and Local Tax Expense (Benefit) | – | – | – | $9.7万 | $742万 | -98.7% |
| Current Year Claims and Claims Adjustment Expense | $38.7亿 | $26.1亿 | +48.1% | $103亿 | $76.1亿 | +36.0% |
| Debt Securities, Available-for-sale | $60.8亿 | $27.8亿 | +118.5% | $26.9亿 | $24.4亿 | +10.2% |
| Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax | $170万 | $1690万 | -90.0% | $1860万 | $798万 | +133.6% |
| Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax | $1020万 | $272万 | +276.8% | $61.5万 | $983万 | -93.7% |
| Debt Securities, Available-for-sale, Amortized Cost | $60.9亿 | $27.7亿 | +119.9% | $26.7亿 | $24.4亿 | +9.3% |
| Debt Securities, Available-for-Sale, Amortized Cost, Maturity, Allocated and Single Maturity Date, after Year 5 Through 10 | $7010万 | $1.06亿 | -33.8% | $8200万 | $0 | – |
| Debt Securities, Available-for-Sale, Amortized Cost, Maturity, Allocated and Single Maturity Date, after Year One Through Five | $15.3亿 | $17.3亿 | -11.1% | $13.7亿 | $18.2亿 | -24.4% |
| Debt Securities, Available-for-Sale, Amortized Cost, Maturity, Allocated and Single Maturity Date, Year One | $44.8亿 | $9.36亿 | +378.7% | $12.1亿 | $6.23亿 | +94.6% |
| Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer | $1980万 | $0 | – | $4080万 | $4770万 | -14.6% |
| Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss | $31万 | $0 | – | $12万 | $2.5万 | +380.0% |
| Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer, Number of Positions | 2 security | 0 security | – | 5 security | 6 security | -16.7% |
| Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months | $33.2亿 | $7.6亿 | +336.9% | $3.48亿 | $8.77亿 | -60.4% |
| Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss | $992万 | $272万 | +265.4% | $49.5万 | $980万 | -95.0% |
| Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months, Number of Positions | 605 security | 243 security | +149.0% | 107 security | 301 security | -64.5% |
| Debt Securities, Available-for-sale, Current | $44.8亿 | $9.38亿 | +377.5% | $12.2亿 | $6.24亿 | +94.8% |
| Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year 5 Through 10 | $6960万 | $1.07亿 | -34.9% | $8280万 | $0 | – |
| Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year One Through Five | $15.3亿 | $17.4亿 | -12.0% | $13.9亿 | $18.1亿 | -23.6% |
| Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, Year One | $44.8亿 | $9.38亿 | +377.5% | $12.2亿 | $6.24亿 | +94.8% |
| Debt Securities, Available-for-sale, Noncurrent | $16亿 | $18.5亿 | -13.3% | $14.7亿 | $18.2亿 | -19.0% |
| Deferred Federal Income Tax Expense (Benefit) | – | – | – | $3.8万 | $7.3万 | -47.9% |
| Deferred Income Tax Expense (Benefit) | -$153万 | -$3.6万 | -4,141.7% | $245万 | -$234万 | +204.7% |
| Deferred State and Local Income Tax Expense (Benefit) | – | – | – | $241万 | -$241万 | +200.0% |
| Deferred Tax Assets, Gross | $7.27亿2025-12-31 | $6.05亿 | +20.1% | $7.27亿 | $6.05亿 | +20.1% |
| Deferred Tax Assets, Net | $59万2025-12-31 | $304万 | -80.6% | $59万 | $304万 | -80.6% |
| Deferred Tax Assets, Net of Valuation Allowance | $3020万2025-12-31 | $1410万 | +114.2% | $3020万 | $1410万 | +114.2% |
| Deferred Tax Assets, Operating Loss Carryforwards | $6.24亿2025-12-31 | $5.25亿 | +18.9% | $6.24亿 | $5.25亿 | +18.9% |
| Deferred Tax Assets, Other | $1410万2025-12-31 | $593万 | +138.5% | $1410万 | $593万 | +138.5% |
| Deferred Tax Assets, Property, Plant and Equipment | $02025-12-31 | $797万 | -100.0% | $0 | $797万 | -100.0% |
| Deferred Tax Assets, Tax Deferred Expense, Compensation and Benefits, Employee Bonuses | $641万2025-12-31 | $765万 | -16.2% | $641万 | $765万 | -16.2% |
| Deferred Tax Assets, Tax Deferred Expense, Compensation and Benefits, Share-based Compensation Cost | $240万2025-12-31 | $282万 | -14.9% | $240万 | $282万 | -14.9% |
| Deferred Tax Assets, Tax Deferred Expense, Reserves and Accruals, Policyholder Liabilities | $3040万2025-12-31 | $2730万 | +11.3% | $3040万 | $2730万 | +11.3% |
| Deferred Tax Assets, Tax Deferred Expense, Reserves and Accruals, Unearned Premiums Reserve | $759万2025-12-31 | $337万 | +125.1% | $759万 | $337万 | +125.1% |
| Deferred Tax Assets, Valuation Allowance | $6.96亿2025-12-31 | $5.91亿 | +17.9% | $6.96亿 | $5.91亿 | +17.9% |
| Deferred Tax Liabilities, Gross | $2960万2025-12-31 | $1110万 | +167.7% | $2960万 | $1110万 | +167.7% |
| Deferred Tax Liabilities, Investments | $907万2025-12-31 | $513万 | +76.7% | $907万 | $513万 | +76.7% |
来源:SEC companyfacts(每份10-Q / 10-K的XBRL)。现金流量表的季度数据由10-Q标记的年初至今累计数推算。分部拆分带有维度标记,在分部章节中单独展示。
数据来源
报表、分部营收、指标和预期均根据公司文件标准化。分部利润及全部披露项目:SEC EDGAR(XBRL)。 已读取的文件: 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30, 10-Q 2024-06-30
数据截至 2026-11-02