NASDAQ$GOCO

GoHealth Inc · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

GoHealth's third quarter results for 2022 were announced, revealing a decrease in net revenue and an increased net loss compared to the prior year period, but positive trends were noted with the Encompass solution.

GoHealth's Q3 2022 results showed a 37% decrease in net revenue to $133.1 million and a net loss of $74.7 million, compared to a net loss of $55.5 million in the prior year period. However, the company is focusing on its Encompass solution and reported a 70% higher conversion rate during the Annual Enrollment Period.

  • GoHealth is focusing on the fundamentals of the business and aiming to put the beneficiary at the center of everything they do.
  • Meaningful progress is being made on the company's transformation through strategic initiatives and diversification into Encompass.
  • Positive cash flow trends are expected to continue as the company leans further into its Encompass solution.
  • GoHealth is leveraging its Encompass solution, health plan relationships, proprietary technology, and experienced sales agents to solve industry challenges and act as a trusted partner to beneficiaries.

Headline financials

Total Revenue

$133M

Previous: $212M-37.2%
EPS (adj)

-$2.40

Previous: -$2.70+11.1%
Free Cash Flow

-$30M

Previous: -$20.2M-48.7%
Net Income

-$30M

Previous: -$20.2M-48.7%
Operating Income

-$59.1M

Previous: -$48.6M-21.6%
Gross Profit

$85M

Previous: $158M-46.2%
Cash & Equivalents

$215M

Previous: $85.2M+152.8%
Total Assets

$2B

Previous: $2.13B-6.1%
Stock-Based Comp

$5.48M

Previous: $7.39M-25.8%

Revenue & EPS history

GoHealth · Revenue · Quarterly

$133M

Q3 2022-37.2%vs Q3 2021
Beat estimate in 5 of 14 quarters(36%)
ActualEstimate

Revenue by segment

GoHealth · $11.9M total across 4 segments · Q1 2026

  • Medicare Agency Revenue
    $9.8M
  • Other Non-Agency Revenue
    $1.76M
  • Medicare Non-Agency Revenue
    $200K
  • Other Agency Revenue
    $155K

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q3 2022

Historical avgQ3 2022

-7.7%

Avg return

Earnings day

-9.0%

Avg return

5 days after

-6.6%

Avg return

30 days after

26%

6 / 23 earnings

Positive

+32.2%

Q1 2023

Best reaction

-45.5%

Q2 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.5%
Q3 2025-24.4%-32.0%-12.8%
Q2 2025-9.0%-7.6%-23.8%
Q1 2025-0.6%-17.4%-21.4%
Q4 2024-14.4%-14.9%-32.8%
Q3 2024-6.6%-0.4%-15.4%
Q2 2024-21.4%-28.3%-34.0%
Q1 2024-8.0%-11.1%+2.2%
Q4 2023-13.0%-25.7%-27.0%
Q3 2023+2.3%+6.7%+7.4%
Q2 2023+6.8%+6.3%-17.2%
Q1 2023+32.2%+44.8%+99.5%
Q4 2022-19.9%-6.2%-18.5%
Q3 2022-16.7%-9.4%+95.3%
Q2 2022-31.5%-43.3%-57.0%
Q1 2022+11.1%+4.9%+6.5%
Q4 2021+23.7%+37.7%-9.8%
Q3 2021+1.1%-4.7%-18.1%
Q2 2021-45.5%-42.2%-34.7%
Q1 2021-2.7%-5.6%-4.0%
Q4 2020-14.9%-16.9%-4.1%
Q3 2020-14.9%-15.1%+1.8%
Q2 2020-10.5%-18.5%-27.1%
Q1 2020
Q4 2019
Q2 2019
Q1 2019

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