v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current Assets:    
Cash and cash equivalents $ 4,075,612 $ 2,774,151
Short-term investments 4,479,906 1,216,461
Accounts receivable (net of allowance for credit losses of $55,298 and $7,226) 380,057 362,682
Reinsurance recoverable 196,544 99,750
Receivables from CMS 180,750 136,029
Other current assets 60,317 24,331
Total current assets 9,373,186 4,613,404
Long-term investments 1,600,770 1,470,987
Property, equipment, and capitalized software, net 101,494 88,350
Restricted deposits 29,178 32,951
Other assets 122,134 119,719
Total assets 11,226,762 6,325,411
Current Liabilities:    
Payables to CMS 6,095,289 2,730,095
Benefits payable 1,898,435 1,455,385
Accounts payable and other liabilities 525,709 507,325
Unearned premiums 167,505 166,203
Reinsurance payable 2,564 3,579
Total current liabilities 8,689,502 4,862,587
Long-term debt 431,629 430,095
Other liabilities 50,466 51,994
Total liabilities 9,171,597 5,344,676
Commitments and contingencies (Note 12)
Stockholders' Equity    
Treasury stock (315 thousand shares as of June 30, 2026 and December 31, 2025) (2,923) (2,923)
Additional paid-in capital 4,316,831 4,256,972
Accumulated deficit (2,253,630) (3,294,434)
Accumulated other comprehensive income (loss) (8,250) 18,030
Total Oscar Health, Inc. stockholders' equity 2,052,031 977,648
Noncontrolling interests 3,134 3,087
Total stockholders' equity 2,055,165 980,735
Total liabilities and stockholders' equity 11,226,762 6,325,411
Common Class A    
Stockholders' Equity    
Common stock 3 3
Common Class B    
Stockholders' Equity    
Common stock $ 0 $ 0