NasdaqHealth CareHealth Care FacilitiesS&P MidCap 400
$31.65
+0.15 (+0.48%)
Close of Nov 06, 2026 · end-of-day data
OPCH 8-K filings in 2026
Every material Form 8-K Option Care Health filed with the SEC in 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Option Care Health reported third quarter 2026 results with net revenue of $1,493.5 million, up 4.1%, and GAAP diluted earnings per share of $0.38, up 18.8%. The company withdrew its previously disclosed financial guidance and will not host an earnings call because of its pending acquisition by Clayton, Dubilier & Rice, LLC and McKesson Corporation.
Net revenue of $1,493.5 million, up 4.1% year over year; GAAP net income of $57.4 million, up 10.8%
GAAP diluted EPS of $0.38, up 18.8%; adjusted diluted EPS of $0.49, up 8.9%
Financial guidance withdrawn and no earnings conference call, given the pending merger agreement with Clayton, Dubilier & Rice, LLC and McKesson Corporation
Option Care Health entered into a merger agreement on October 5, 2026, under which an investor group of CD&R affiliates and McKesson Corporation would acquire the company for $32.05 per share in cash, a total enterprise value of approximately $5.8 billion. The price represents a premium of approximately 37% to the October 5, 2026 closing share price, and the company's board unanimously recommended the deal to stockholders. Shareholders would receive cash and the stock would no longer be publicly listed on Nasdaq once the deal closes, which is expected in the first half of 2027, subject to stockholder and regulatory approvals.
Cash consideration of $32.05 per share, a premium of approximately 37% to the October 5, 2026 closing price
Total enterprise value of approximately $5.8 billion; McKesson to invest approximately $1.4 billion for an approximately 49% minority interest
Closing expected in the first half of calendar year 2027, subject to stockholder approval and regulatory approvals
Company is withdrawing its previously disclosed 2026 guidance and will not host a call for its third quarter 2026 results, which it expects to release on November 4, 2026
Option Care Health reported second quarter 2026 results, with net revenue of $1.44 billion, up 1.9% from a year earlier, and GAAP net income of $53.9 million, up 6.7%. The company also issued updated full-year 2026 guidance, including adjusted diluted EPS of $1.85 to $1.92, and repurchased $150 million of its shares during the quarter.
Q2 2026 net revenue of $1,442 million, up 1.9% year over year
GAAP diluted EPS of $0.35, up 12.9%; adjusted diluted EPS of $0.45, up 9.8%
Full-year 2026 guidance: net revenue $5.675 billion to $5.775 billion; adjusted EBITDA $480 million to $495 million
Repurchased $150 million of outstanding shares in the quarter
Option Care Health said Chief Growth Officer Christopher L. Grashoff will leave his role effective May 8, 2026. He will receive separation benefits under the company's Amended and Restated Executive Severance Plan, conditioned on a general release of claims and continued compliance with restrictive covenants. The filing does not name a successor or describe any financial impact.
Christopher L. Grashoff departs as Chief Growth Officer effective May 8, 2026
Separation benefits are conditioned on a general release of claims and continued compliance with restrictive covenants
Benefits follow the Amended and Restated Executive Severance Plan; no dollar amounts are disclosed
Option Care Health reported first quarter 2026 net revenue of $1,350.7 million, up 1.3%, while adjusted EBITDA fell 6.3% to $104.8 million and adjusted diluted EPS was flat at $0.40. The company adjusted its full-year 2026 net revenue guidance to $5.675 billion to $5.775 billion and its cash flow target to at least $320 million, while keeping adjusted EBITDA and adjusted EPS guidance in place, which matters to shareholders because the revenue outlook has changed while profit measures are unchanged.
Q1 2026 net revenue of $1,350.7 million, up 1.3%; GAAP net income of $45.3 million, down 3.0%
Adjusted EBITDA of $104.8 million, down 6.3%; adjusted diluted EPS of $0.40, flat year over year
Full-year 2026 guidance: net revenue $5.675 billion to $5.775 billion; adjusted diluted EPS $1.82 to $1.92; adjusted EBITDA $480 million to $505 million
Cash used in operating activities was $12.1 million in Q1; Company repurchased $17.5 million of stock and expanded its revolving credit facility from $400 million to $850 million
On March 30, 2026, Option Care Health entered a Fifth Amendment to its First Lien Credit Agreement with Bank of America, N.A. as administrative agent. The amendment adds $450 million of new revolving credit commitments, bringing total revolving commitments under the agreement to $850 million. The filing describes this as a new direct financial obligation, which gives the company additional borrowing capacity under its existing credit facility.
Amendment dated March 30, 2026 adds $450 million in new revolving credit commitments as an increase to existing commitments
Total revolving credit commitments outstanding after the amendment are $850 million
Bank of America, N.A. serves as administrative agent; full text is filed as Exhibit 10.1
Option Care Health reported fourth-quarter 2025 net revenue of $1,465.4 million, up 8.8%, and GAAP diluted EPS of $0.37, up 5.7%, while net income fell 2.7% to $58.5 million. For full-year 2025, net revenue rose 13.0% to $5,649.5 million and adjusted diluted EPS rose 8.9% to $1.72, though net income declined 2.0% to $207.6 million. The company also projected 2026 net revenue of $5.8 billion to $6.0 billion and adjusted diluted EPS of $1.82 to $1.92.
Q4 2025 net revenue $1,465.4 million, up 8.8%; net income $58.5 million, down 2.7%
Full-year 2025 adjusted diluted EPS $1.72, up 8.9%; GAAP diluted EPS $1.27, up 3.3%
2026 guidance: net revenue $5.8 billion to $6.0 billion; adjusted diluted EPS $1.82 to $1.92; adjusted EBITDA $480 million to $505 million
Repurchased $307 million of stock in 2025; conference call set for February 24, 2026 at 8:30 a.m. ET
Option Care Health said it expects 2025 net revenue of $5.645 billion to $5.655 billion and adjusted diluted EPS of $1.72 to $1.76, both preliminary and unaudited, and gave preliminary 2026 guidance of $5.8 billion to $6.0 billion in net revenue and $1.82 to $1.92 in adjusted diluted EPS. The company also raised its 2025 share repurchase authorization from $500 million to $1 billion, which matters to shareholders because it expands the room for buybacks.
FY2025 preliminary net revenue $5.645 billion to $5.655 billion; adjusted diluted EPS $1.72 to $1.76; GAAP diluted EPS $1.27 to $1.29
FY2026 preliminary guidance: net revenue $5.8 billion to $6.0 billion; adjusted diluted EPS $1.82 to $1.92; adjusted EBITDA $480 million to $505 million
Board approved on January 9, 2026 to raise the 2025 share repurchase authorization from $500 million to $1 billion; $307 million repurchased in full-year 2025
FY2025 cash flow from operations below $320 million; the company says Stelara and Stelara biosimilars will be a 2026 headwind of $25 million to $35 million in gross profit
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Option Care Health filing is on SEC EDGAR ↗. 8-K briefs of other companies →