Option Care Health, Inc. (OPCH) Income Statement
OPCH 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsOPCH revenue and net income
Where OPCH's revenue goes
2025Each bar shows an amount and its share of revenue. OPCH kept 3.7% of revenue as net income.
OPCH profit margins
OPCH growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +13.0% | +12.7% | +13.3% | +19.1% |
| Gross profit | +0.7% | +5.6% | +8.4% | +14.7% |
| Operating income | +5.0% | +12.0% | +25.0% | — |
| Net income | −2.0% | +11.3% | — | — |
| EPS (diluted) | +34.4% | +27.5% | +73.3% | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
OPCH quarterly EPS vs estimates
Option Care Health beat the analyst EPS estimate in 7 of the last 8 quarters. Next report: October 29, 2026 (estimate $0.44).
OPCH income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.65B | $5.00B | $4.30B | $3.94B | $3.44B | $3.03B | $2.31B | $1.94B | $817.2M | $935.6M |
| Cost of revenue | $4.63B | $3.99B | $3.32B | $3.08B | $2.66B | $2.35B | $1.80B | $1.52B | $547.9M | $673.5M |
| Gross profit | $1.02B | $1.01B | $981.2M | $866.9M | $779.6M | $682.3M | $513.0M | $422.2M | $269.2M | $262.1M |
| Sales, general & admin | $682.5M | $630.3M | $607.4M | $566.1M | $525.7M | $500.2M | $459.6M | $345.9M | $39.6M | $38.8M |
| Total operating expenses | $682.5M | $691.2M | $666.6M | $626.7M | $588.8M | $571.5M | $513.3M | $383.9M | $332.5M | $298.3M |
| Operating income | $337.9M | $321.8M | $314.6M | $240.2M | $190.8M | $110.8M | −$319,000 | $38.3M | −$63.3M | −$36.2M |
| Interest income | — | — | — | — | — | — | $73.2M | $57.4M | $52.1M | $37.6M |
| Interest expense | $63.2M | $60.6M | $62.2M | $54.9M | $55.5M | $91.2M | $73.4M | $46.1M | $52.1M | $37.6M |
| Income before taxes | $282.9M | $283.6M | $358.7M | $205.8M | $116.5M | −$5.2M | −$78.2M | −$8.8M | −$67.4M | −$34.2M |
| Income taxes | $75.3M | $71.8M | $91.7M | $55.2M | −$23.4M | $2.8M | −$2.3M | −$2.7M | −$4.1M | $2.0M |
| Net income | $207.6M | $211.8M | $267.1M | $150.6M | $139.9M | −$8.1M | −$75.9M | −$6.1M | −$64.2M | −$42.8M |
| EBITDA | $416.8M | $396.1M | $472.2M | $325.0M | $252.3M | $180.4M | $53.4M | $78.1M | $66.3M | $53.5M |
| EPS (diluted) | $1.72 | $1.28 | $1.16 | $0.83 | $0.91 | $0.11 | −$1.08 | −$1.96 | −$1.88 | −$2.20 |
| Gross margin | 18.1% | 20.3% | 22.8% | 22.0% | 22.7% | 22.5% | 22.2% | 21.8% | 32.9% | 28.0% |
| Operating margin | 6.0% | 6.4% | 7.3% | 6.1% | 5.5% | 3.7% | −0.0% | 2.0% | −7.7% | −3.9% |
| Net margin | 3.7% | 4.2% | 6.2% | 3.8% | 4.1% | −0.3% | −3.3% | −0.3% | −7.9% | −4.6% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.44B | $1.35B | $1.47B | $1.44B | $1.42B | $1.33B | $1.35B | $1.28B | $1.23B | $1.15B | $1.12B | $1.09B |
| Cost of revenue | $1.18B | $1.10B | $1.20B | $1.18B | $1.16B | $1.09B | $1.08B | $1.02B | $977.8M | $907.6M | $877.3M | $838.7M |
| Gross profit | $267.3M | $247.1M | $263.6M | $256.6M | $252.8M | $247.3M | $268.4M | $256.7M | $249.4M | $238.5M | $247.1M | $254.3M |
| Sales, general & admin | $164.7M | $174.6M | $172.1M | $172.1M | $170.1M | $168.1M | $164.7M | $157.0M | $153.8M | $154.7M | $147.8M | $158.2M |
| Total operating expenses | $182.1M | $170.0M | $172.1M | $172.1M | $170.1M | $168.1M | $181.3M | $171.7M | $168.7M | $169.5M | $162.6M | $173.2M |
| Operating income | $85.1M | $77.2M | $91.5M | $84.5M | $82.7M | $79.2M | $87.0M | $85.1M | $80.7M | $69.0M | $84.6M | $81.0M |
| Interest expense | $14.0M | $13.3M | $14.7M | $16.4M | $16.7M | $15.4M | $13.4M | $15.4M | $15.6M | $16.2M | $15.4M | $14.7M |
| Income before taxes | $74.0M | $61.0M | $81.5M | $69.0M | $68.9M | $63.6M | $81.0M | $73.6M | $72.0M | $57.0M | $78.9M | $70.1M |
| Income taxes | $20.1M | $15.7M | $23.0M | $17.2M | $18.3M | $16.8M | $20.9M | $19.7M | $19.0M | $12.2M | $21.7M | $13.8M |
| Net income | $53.9M | $45.3M | $58.5M | $51.8M | $50.5M | $46.7M | $60.1M | $53.9M | $53.0M | $44.8M | $57.2M | $56.3M |
| EBITDA | $106.4M | $90.0M | $116.6M | $102.4M | $102.5M | $95.4M | $109.4M | $101.1M | $100.1M | $85.5M | $107.1M | $97.5M |
| EPS (diluted) | $0.41 | $0.40 | $0.46 | $0.45 | $0.41 | $0.40 | $0.37 | $0.33 | $0.31 | $0.27 | $0.32 | $0.33 |
| Gross margin | 18.5% | 18.3% | 18.0% | 17.9% | 17.9% | 18.6% | 19.9% | 20.1% | 20.3% | 20.8% | 22.0% | 23.3% |
| Operating margin | 5.9% | 5.7% | 6.2% | 5.9% | 5.8% | 5.9% | 6.5% | 6.7% | 6.6% | 6.0% | 7.5% | 7.4% |
| Net margin | 3.7% | 3.4% | 4.0% | 3.6% | 3.6% | 3.5% | 4.5% | 4.2% | 4.3% | 3.9% | 5.1% | 5.2% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in OPCH's financial statements (latest annual report filed February 24, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
OPCH financial results
In fiscal year 2025 (ended December 31, 2025), Option Care Health reported revenue of $5.6 billion, up 13.0% from the year before. It had net income of $207.6 million (down 2.0%), a net profit margin of 3.7%. Diluted earnings per share came to $1.72. Over five years revenue grew at an average rate of 13.3% a year.
See the OPCH stock overview for the latest quote and news, or the OPCH chart for price history and technical indicators.
OPCH income statement FAQ
What is Option Care Health's annual revenue?
Option Care Health reported total revenue of $5.6 billion for fiscal year 2025, which ended on December 31, 2025. That was up 13.0% from $5.0 billion the previous year.
Is Option Care Health profitable?
Yes. Option Care Health reported net income of $207.6 million in fiscal 2025, a net profit margin of 3.7%; its operating margin was 6.0%.
What is Option Care Health's gross margin?
Option Care Health's gross margin was 18.1% in fiscal 2025: for every $100 of revenue, Option Care Health kept $18 after the direct cost of its products and services.
How fast is Option Care Health growing?
Revenue grew 13.3% a year on average over the last five fiscal years, from $3.0 billion to $5.6 billion.
What are Option Care Health's earnings per share?
Option Care Health earned $1.72 per diluted share in fiscal 2025, compared with $1.28 a year earlier.
When will Option Care Health report its next earnings?
Option Care Health is expected to report results for the quarter ending September 30, 2026 on October 29, 2026 before the market opens.
When does Option Care Health's fiscal year end?
Option Care Health's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 24, 2026.