OPTION CARE HEALTH ANNOUNCES FINANCIAL RESULTS FOR THE SECOND QUARTER ENDED JUNE 30, 2026 (Form 8-K)

OPTION CARE HEALTH ANNOUNCES FINANCIAL RESULTS FOR THE SECOND QUARTER ENDED JUNE 30, 2026

BANNOCKBURN, IL., July 29, 2026 - Option Care Health, Inc. (the "Company" or "Option Care Health") (Nasdaq: OPCH), the nation's largest independent provider of home and alternate site infusion services, announced today financial results for the second quarter ended June 30, 2026.

Second Quarter 2026 Financial Highlights

(year-over-year comparisons unless otherwise noted)

•Net revenue of $1,442 million, up 1.9%

•GAAP net income of $53.9 million, up 6.7%

•GAAP diluted earnings per share of $0.35, up 12.9%

•Adjusted EBITDA of $117.5 million, up 3.0%

•Adjusted diluted earnings per share of $0.45, up 9.8%

•Cash provided by Q2 operating activities of $184 million

•Repurchased $150 million of outstanding shares in the quarter

John C. Rademacher, Chief Executive Officer, commented, "I'm proud of our team as we delivered strong second quarter results, reflecting solid operational execution and the positive impact of our 2026 strategic initiatives. Looking ahead, our results reinforce our confidence in the underlying fundamentals of the business, but there is still work to do as we further position the company for a sustainable long-term growth trajectory. Given the strength of our clinical platform, significant market opportunities and our operational focus, we believe we are well positioned to achieve our 2026 priorities while creating meaningful value for our patients, partners, and shareholders."

Updated Full Year and Third Quarter 2026 Financial Guidance

For the full year 2026, Option Care Health expects the following:

•Net revenue of $5.675 billion to $5.775 billion

•Adjusted diluted earnings per share of $1.85 to $1.92

•Adjusted EBITDA of $480 million to $495 million

•Cash provided by operating activities of at least $320 million

For the third quarter 2026, Option Care Health expects the following compared to the second quarter 2026:

•Sequential net revenue growth in the low to mid single-digits

•Sequential Adjusted EBITDA growth in the mid single-digits

Conference Call

Option Care Health will host a conference call to discuss its results on Wednesday, July 29, 2026, at 8:30 a.m. ET. The conference call can be accessed via a live audio webcast that will be available online at investors.optioncarehealth.com. A replay of the call will be available at the same web link for 90 days after the call.

About Option Care Health

Option Care Health is the nation's largest independent provider of home and alternate site infusion services. With over 8,000 team members, including more than 5,000 clinicians, we work compassionately to elevate standards of care for patients with acute and chronic conditions in all 50 states. Through our clinical leadership, expertise and national scale, Option Care Health is reimagining the infusion care experience for patients, customers and team members. To learn more, please visit our website at optioncarehealth.com.

Investor Contact

Bob Okunski
Vice President, Investor Relations
[email protected]