Option Care Health, Inc. reported its financial results for the second quarter of 2026, revealing a net revenue of $1.442 billion, a 1.9% increase from $1.416 billion in the same period last year. For the first half of 2026, the company generated $2.793 billion in revenue, up from $2.749 billion in the first half of 2025. The gross profit for the second quarter was $267.3 million, slightly down from $269.0 million year-over-year, while the gross profit margin decreased to 18.5% from 19.0%. The net income for the quarter was $53.9 million, a 6.7% increase from $50.5 million in the prior year.
The company’s operating income for the second quarter was $85.1 million, compared to $82.7 million in the same quarter of 2025. Total operating expenses decreased to $182.1 million from $186.3 million, primarily due to lower selling, general, and administrative expenses, which fell by 3.2% to $164.7 million. The effective tax rate for the quarter was 27.1%, slightly higher than the 26.6% reported in the previous year. The company’s earnings per share increased to $0.35 from $0.31 in the prior year.
In terms of operational developments, Option Care Health continues to expand its services through a national network of 86 full-service pharmacies and 187 ambulatory infusion suites. The company has maintained strong relationships with referral sources and payers, contributing to growth in its acute therapy portfolio. However, the chronic therapy portfolio faced challenges, particularly in the chronic inflammatory disease segment, which is expected to negatively impact gross profit by approximately $55 million during 2026.
The company has also been active in share repurchases, having repurchased 7.9 million shares for $167.5 million in the first half of 2026, compared to 4.6 million shares for $150 million in the same period last year. As of June 30, 2026, Option Care Health had cash and cash equivalents of $193.8 million and $846 million available under its credit facilities. The company anticipates continued investment in its infrastructure and technology to support future growth, alongside potential acquisitions to enhance its service offerings.
About Option Care Health, Inc.
Option Care Health, Inc. is a leading provider of home and alternate site infusion services, offering clinical management, nursing support, and care coordination for patients with complex and chronic conditions. Operating through a network of pharmacies and infusion suites across the U.S., it serves healthcare providers, payers, and pharmaceutical manufacturers by delivering cost-effective, patient-centered therapies in non-hospital settings.
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