Revenue Growth
Oscar Health reported total revenue of approximately $3 billion for the third quarter, a 23% increase year-over-year.
Membership Increase
Oscar ended the first nine months of 2025 with more than 2 million members, a 28% increase over last year.
SG&A Expense Ratio Improvement
The SG&A expense ratio improved by approximately 150 basis points year-over-year to 17.5%.
Market Expansion
Oscar is expanding into 20 states, including two new states, Alabama and Mississippi, and entering new markets for 2026.
Innovative Products and AI Integration
Oscar introduced new products like HelloMeno and is integrating AI with Oswell, powered by OpenAI, to enhance member experience.