v3.26.1
SEGMENT INFORMATION (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Segment Reporting [Line Items]        
Total revenue $ 4,880,220 $ 2,863,945 $ 9,527,414 $ 5,910,208
Less:        
Medical expenses 3,794,445 2,552,973 7,024,302 4,812,624
Selling, general, and administrative (“SG&A”) expenses:        
Total Selling, general, and administrative expenses 691,080 534,485 1,397,314 1,017,244
Depreciation and amortization 6,060 6,970 13,078 13,700
Earnings (loss) from operations 388,635 (230,483) 1,092,720 66,640
Interest expense 4,709 5,847 10,092 11,841
Other expenses (income) 915 (2,794) 844 124
Earnings (loss) before income taxes 383,011 (233,536) 1,081,784 54,675
Income tax expense (benefit) 21,183 (5,045) 40,933 7,660
Net income (loss) attributable to noncontrolling interests 20 (130) 47 105
Net income (loss) attributable to Oscar Health, Inc. 361,808 (228,361) 1,040,804 46,910
Reportable Segment        
Selling, general, and administrative (“SG&A”) expenses:        
Member acquisition and servicing costs 326,396 261,045 676,042 496,396
Premium taxes, exchange fees, and other taxes and fees 187,747 110,128 384,255 207,763
All other SG&A $ 176,937 $ 163,312 $ 337,017 $ 313,085