• Oscar Health average ebitda margin for 2023 was -7.64%, a 56.76% decline from 2022.
• Oscar Health average ebitda margin for 2022 was -17.67%, a 50.71% decline from 2021.
• Oscar Health average ebitda margin for 2021 was -35.85%, a 57.22% decline from 2020.

Ebitda margin can be defined as earnings before interest, taxes, depreciation and amortization as a portion of total revenue.