Oscar Health (OSCAR) Q4 Earnings Drop Despite Revenue Up; Hails Higher FY26 Revenue Outlook

Oscar Health (OSCAR) reported a wider Q4 loss despite revenue growth, as higher healthcare costs pressured margins. Fourth-quarter net loss widened to $182.7 million, or 36 cents per share, versus a profit of $24.5 million in the same period last year. Revenue rose to $2.15 billion, up 11.7% year-over-year. The company raised its full-year 2026 revenue guidance to $8.7 billion from $8.6 billion, citing stronger enrollment and pricing, and shares closed 4.2% higher on the news.