Option Care Health (OPCH)

Nasdaq Health Care Health Care Facilities S&P MidCap 400

$31.65

+0.15 (+0.48%)

Close of Nov 06, 2026 · end-of-day data

Source: Option Care Health's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 05, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$935.59M	$1.83B	$1.94B	$2.31B	$3.03B	$3.44B	$3.87B	$4.30B	$5.00B	$5.65B
Cost of revenue	$673.51M	$547.95M	$465.87M	$1.80B	$2.35B	$2.66B	$2.56B	$2.81B	$3.45B	$4.56B
Gross profit	$262.08M	$446.00M	$422.21M	$513.00M	$682.26M	$779.61M	$866.92M	$981.22M	$1.01B	$1.09B
Selling, general & admin	—	$338.46M	$345.88M	$459.63M	$500.20M	$525.71M	$566.12M	$607.43M	$630.25M	$682.45M
Operating income	-$10.99M	$27.28M	$38.27M	-$319.00K	$110.75M	$190.84M	$240.23M	$314.60M	$321.83M	$337.91M
Interest expense	—	—	$45.82M	$73.72M	$107.77M	$67.00M	$53.81M	$51.25M	$49.03M	$54.56M
Pre-tax income	-$34.16M	-$67.43M	-$51.02M	-$78.19M	-$5.24M	$116.49M	$205.77M	$358.74M	$283.60M	$282.90M
Income tax	$2.02M	-$18.59M	-$2.65M	-$2.27M	$2.83M	-$23.40M	$55.21M	$91.65M	$71.78M	$75.31M
Net income	-$42.77M	$3.88M	-$6.12M	-$75.92M	-$8.08M	$139.90M	$150.56M	$267.09M	$211.82M	$207.59M
EBITDA	$11.04M	$61.94M	$76.33M	$53.37M	$182.06M	$253.90M	$300.80M	$373.80M	$382.74M	$405.44M
EPS (basic)	$-0.55	$0.03	$-0.04	$-0.49	$-0.04	$0.78	$0.83	$1.49	$1.23	$1.28
EPS (diluted)	$-0.55	$0.03	$-0.04	$-0.49	$-0.04	$0.77	$0.83	$1.48	$1.23	$1.27
Diluted shares	93.74M	142.61M	142.61M	156.28M	180.97M	181.21M	182.07M	180.38M	172.84M	163.37M
Gross margin	28.0%	24.4%	21.8%	22.2%	22.5%	22.7%	22.4%	22.8%	20.3%	19.3%
Operating margin	-1.2%	1.5%	2.0%	-0.0%	3.7%	5.5%	6.2%	7.3%	6.4%	6.0%
Net margin	-4.6%	0.2%	-0.3%	-3.3%	-0.3%	4.1%	3.9%	6.2%	4.2%	3.7%

Balance sheet

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash & equivalents	$9.57M	$39.46M	$36.39M	$67.06M	$99.27M	$119.42M	$294.19M	$343.85M	$412.56M	$232.62M
Receivables	$109.09M	$85.52M	$310.17M	$324.42M	$328.34M	$338.24M	$377.54M	$377.66M	$409.73M	$473.57M
Inventory	$36.16M	$38.04M	$83.34M	$115.88M	$158.60M	$183.09M	$224.28M	$274.00M	$388.13M	$471.15M
Total current assets	$173.33M	$186.59M	$467.43M	$558.65M	$657.01M	$710.26M	$994.34M	$1.09B	$1.32B	$1.26B
Goodwill	$365.95M	$627.39M	$632.47M	$1.43B	$1.43B	$1.48B	$1.53B	$1.54B	$1.54B	$1.61B
Total assets	$604.99M	$603.09M	$1.43B	$2.59B	$2.65B	$2.79B	$3.11B	$3.22B	$3.42B	$3.46B
Total current liabilities	$130.15M	$105.13M	$240.00M	$330.00M	$434.02M	$459.69M	$565.35M	$618.31M	$780.15M	$829.35M
Short-term debt	$18.52M	$1.72M	$4.15M	$9.25M	$9.25M	$6.00M	$6.00M	$6.00M	$6.51M	$6.78M
Long-term debt	$467.72M	$502.86M	$535.23M	$1.28B	$1.12B	$1.06B	$1.06B	$1.06B	$1.10B	$1.15B
Total debt	$486.24M	$504.58M	$539.38M	$1.29B	$1.12B	$1.07B	$1.06B	$1.06B	$1.11B	$1.16B
Total liabilities	$566.60M	$605.76M	$825.39M	$1.68B	$1.63B	$1.62B	$1.73B	$1.80B	$2.02B	$2.13B
Shareholders' equity	$600.77M	$606.11M	$602.83M	$906.83M	$1.02B	$1.18B	$1.39B	$1.42B	$1.40B	$1.33B

Cash flow

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Operating cash flow	-$42.54M	$37.87M	$24.43M	$39.47M	$127.39M	$208.57M	$267.55M	$371.30M	$323.39M	$258.45M
Capital expenditures	—	$24.96M	$26.28M	$28.29M	$26.88M	$25.63M	$35.36M	$41.87M	$35.61M	$41.31M
Free cash flow	-$42.54M	$12.91M	-$1.85M	$11.18M	$100.52M	$182.94M	$232.19M	$329.43M	$287.79M	$217.14M
Investing cash flow	-$73.21M	-$24.47M	-$37.00M	-$727.83M	-$26.33M	-$111.54M	-$108.05M	-$56.51M	-$36.47M	-$161.08M
Financing cash flow	$109.74M	-$5.15M	-$4.15M	$719.02M	-$68.85M	-$76.87M	$15.27M	-$265.13M	-$218.21M	-$277.31M
Share buybacks	—	—	—	—	—	$0	$0	$250.26M	$252.73M	$309.95M
Stock-based compensation	$1.80M	$1.46M	$2.14M	$4.17M	$2.92M	$9.57M	$16.78M	$30.48M	$36.14M	$39.96M
Depreciation & amortization	$22.02M	$34.66M	$38.06M	$53.69M	$71.31M	$63.06M	$60.56M	$59.20M	$60.91M	$67.54M

Income statement

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Revenue	$1.12B	$1.15B	$1.23B	$1.28B	$1.35B	$1.33B	$1.42B	$1.44B	$1.47B	$1.35B	$1.44B	$1.49B
Cost of revenue	$877.27M	$907.55M	$977.82M	$1.02B	$1.08B	$1.07B	$1.15B	$1.16B	$1.18B	$1.09B	$1.18B	$1.21B
Gross profit	$247.12M	$238.50M	$249.37M	$256.75M	$268.38M	$263.05M	$269.04M	$272.90M	$282.90M	$262.01M	$267.25M	$284.97M
Selling, general & admin	$147.78M	$154.74M	$153.78M	$157.00M	$164.73M	$168.12M	$170.09M	$172.10M	$172.14M	$174.56M	$164.66M	$177.64M
Operating income	$84.56M	$69.03M	$80.67M	$85.09M	$87.04M	$79.19M	$82.71M	$84.51M	$91.50M	$72.55M	$85.14M	$89.22M
Interest expense	$12.43M	$13.20M	$12.60M	$12.35M	$10.88M	$13.23M	$14.45M	$14.15M	$12.73M	$13.30M	$14.02M	$12.88M
Pre-tax income	$78.92M	$56.95M	$72.04M	$73.55M	$81.05M	$63.56M	$68.86M	$68.97M	$81.52M	$61.00M	$73.99M	$78.90M
Income tax	$21.75M	$12.16M	$19.00M	$19.70M	$20.92M	$16.81M	$18.34M	$17.15M	$23.01M	$15.66M	$20.07M	$21.47M
Net income	$57.18M	$44.79M	$53.04M	$53.86M	$60.13M	$46.74M	$50.52M	$51.82M	$58.50M	$45.34M	$53.91M	$57.43M
EBITDA	$99.34M	$83.76M	$95.58M	$99.75M	$103.65M	$94.93M	$98.95M	$100.80M	$110.76M	$87.45M	$102.59M	$107.34M
EPS (basic)	$0.32	$0.26	$0.31	$0.32	$0.35	$0.28	$0.31	$0.32	$0.37	$0.29	$0.35	$0.38
EPS (diluted)	$0.32	$0.26	$0.30	$0.31	$0.36	$0.28	$0.31	$0.32	$0.36	$0.29	$0.35	$0.38
Diluted shares	-911.00K	175.62M	174.09M	171.94M	-1.00M	166.80M	164.13M	163.09M	-1.24M	158.21M	153.49M	150.49M
Gross margin	22.0%	20.8%	20.3%	20.1%	19.9%	19.7%	19.0%	19.0%	19.3%	19.4%	18.5%	19.1%
Operating margin	7.5%	6.0%	6.6%	6.7%	6.5%	5.9%	5.8%	5.9%	6.2%	5.4%	5.9%	6.0%
Net margin	5.1%	3.9%	4.3%	4.2%	4.5%	3.5%	3.6%	3.6%	4.0%	3.4%	3.7%	3.8%

Balance sheet

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Cash & equivalents	$343.85M	$219.51M	$376.87M	$483.03M	$412.56M	$171.37M	$198.82M	$309.82M	$232.62M	$177.32M	$193.77M	$299.09M
Receivables	$377.66M	$573.65M	$468.30M	$428.95M	$409.73M	$476.65M	$481.25M	$474.50M	$473.57M	$516.44M	$511.51M	$505.57M
Inventory	$274.00M	$241.95M	$281.42M	$310.60M	$388.13M	$369.03M	$403.54M	$415.72M	$471.15M	$415.69M	$399.61M	$408.05M
Total current assets	$1.09B	$1.13B	$1.23B	$1.32B	$1.32B	$1.10B	$1.18B	$1.28B	$1.26B	$1.20B	$1.20B	$1.31B
Goodwill	$1.54B	$1.54B	$1.54B	$1.54B	$1.54B	$1.61B	$1.61B	$1.61B	$1.61B	$1.61B	$1.61B	$1.61B
Total assets	$3.22B	$3.25B	$3.35B	$3.43B	$3.42B	$3.31B	$3.38B	$3.48B	$3.46B	$3.38B	$3.38B	$3.48B
Total current liabilities	$618.31M	$636.95M	$695.41M	$763.22M	$780.15M	$713.66M	$773.62M	$823.91M	$829.35M	$729.75M	$819.48M	$850.53M
Short-term debt	$6.00M	$6.00M	$6.51M	$6.51M	$6.51M	$6.51M	$6.51M	$6.78M	$6.78M	$6.78M	$6.78M	$6.78M
Long-term debt	$1.06B	$1.06B	$1.11B	$1.11B	$1.10B	$1.10B	$1.10B	$1.16B	$1.15B	$1.15B	$1.15B	$1.15B
Total debt	$1.06B	$1.06B	$1.11B	$1.11B	$1.11B	$1.11B	$1.11B	$1.16B	$1.16B	$1.16B	$1.16B	$1.16B
Total liabilities	$1.80B	$1.82B	$1.94B	$2.00B	$2.02B	$1.96B	$2.02B	$2.12B	$2.13B	$2.03B	$2.12B	$2.15B
Shareholders' equity	$1.42B	$1.43B	$1.41B	$1.43B	$1.40B	$1.35B	$1.36B	$1.36B	$1.33B	$1.35B	$1.26B	$1.32B

Cash flow

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Operating cash flow	$50.97M	-$68.78M	$195.66M	$160.40M	$36.12M	-$7.21M	$90.33M	$139.44M	$35.89M	-$12.11M	$183.59M	$114.73M
Capital expenditures	$19.89M	$5.82M	$9.78M	$9.67M	$10.34M	$9.37M	$9.10M	$9.20M	$13.65M	$9.05M	$11.08M	$6.68M
Free cash flow	$31.08M	-$74.60M	$185.88M	$150.73M	$25.78M	-$16.59M	$81.24M	$130.24M	$22.25M	-$21.16M	$172.52M	$108.05M
Investing cash flow	-$15.78M	-$5.82M	-$9.78M	-$9.67M	-$11.20M	-$126.69M	-$9.02M	-$11.72M	-$13.65M	-$9.32M	-$11.68M	-$6.68M
Financing cash flow	-$77.83M	-$49.73M	-$28.52M	-$44.58M	-$95.38M	-$107.29M	-$53.87M	-$16.71M	-$99.44M	-$33.87M	-$155.47M	-$2.72M
Share buybacks	$75.15M	$40.05M	$78.07M	$42.00M	$92.60M	—	—	$62.46M	$95.06M	—	—	$0
Stock-based compensation	$7.57M	$9.61M	$7.61M	$10.41M	$8.52M	$8.80M	$10.71M	$11.12M	$9.32M	$10.20M	$8.38M	$9.33M
Depreciation & amortization	$14.78M	$14.73M	$14.91M	$14.66M	$16.61M	$15.75M	$16.24M	$16.29M	$19.26M	$14.91M	$17.45M	$18.12M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.