Oscar Health Lifts FY26 Operating Income Guidance by $100M and Tightens MLR Outlook
OSCR has more than doubled off its 52-week low of $10.69.
Summary
Oscar Health raised FY2026 operating income guidance by $100M and improved its MLR outlook by 50 bps, while reaffirming revenue and SG&A targets.
Key Events · Earnings and Guidance · OSCR
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Operating Income Guidance Raised by $100M
Full-year 2026 Earnings from Operations guidance increased to $600M-$800M, up from the prior $500M-$700M range.
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Medical Loss Ratio Outlook Improved
FY2026 MLR guidance improved 50 bps to 81.0%-82.0%, from the prior 81.5%-82.5% range.
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Revenue and SG&A Targets Reaffirmed
Total Revenue guidance of $18.7B-$19.0B and SG&A Expense Ratio of 15.6%-16.1% were reaffirmed.
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Investor Day Presentation
Guidance update disclosed at the company's 2026 Investor Day on September 16, 2026, with webcast archived for 90 days.
Analysis · OSCR · Finance
A meaningful upward revision to profitability expectations came as Oscar Health raised its full-year 2026 Earnings from Operations guidance by $100 million to a range of $600 million to $800 million, while also improving its Medical Loss Ratio outlook by 50 basis points to 81.0%-82.0%. The company reaffirmed revenue guidance of $18.7 billion to $19.0 billion. This update follows record first-half results reported in August and signals management's confidence in continued operating leverage and disciplined medical cost management through year-end.
How filings like this one have moved
In the 30 days to Oct 19, 2026, 29.4% of the 1386 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.50%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, OSCR was trading at $32.34 on NYSE in the Finance sector, with a market capitalization of approximately $8.9B. The 52-week trading range was $10.69 to $34.48. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.