NASDAQ$OMDA

Omada Health Inc · Q1 2026 earnings

Q1 2026 earnings ·

Briefing

Omada Health reported Q1 2026 revenue of $78.0M with a net loss of $3.0M and diluted loss per share of $0.05.

For the quarter ended March 31, 2026, Omada Health total revenue grew 42% to $78.0 million. Net loss was $3.0 million versus $9.4 million a year ago. Diluted loss per share was $0.05 versus $1.15 on a much smaller pre-IPO share count. The digital chronic-care platform continues scaling employer and health-plan contracts.

  • Revenue of $78.0M (+42% YoY).
  • Net loss narrowed to $3.0M.
  • Diluted loss per share of $0.05.
  • Post-IPO share count ~59M weighted average.
  • Gross margin improvement on scale.

Headline financials

Total Revenue

$78M

No prior period
EPS (adj)

-$0.05

No prior period
Capital Expenditures

-$78K

No prior period
Free Cash Flow

-$11.9M

No prior period
Net Income

-$2.97M

No prior period
Operating Income

-$4.78M

No prior period
Gross Profit

$48.7M

No prior period
Cash & Equivalents

$212M

No prior period
Total Assets

$303M

No prior period

Revenue & EPS history

Omada Health Inc · Revenue · Quarterly

$78M

Q1 2026
Beat estimate in 2 of 2 quarters(100%)
ActualEstimate

Forward guidance

Recent IPO company; full-year guidance provided in earnings releases rather than this 10-Q.

Tailwinds

  • Strong revenue growth with improving losses.
  • Large addressable market in cardiometabolic care.

Headwinds

  • Still GAAP unprofitable.
  • Customer concentration in health plans.

Historical earnings impact

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

Avg. return before/after earnings

Based on 4 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

-3.9%

Avg return

Earnings day

+0.1%

Avg return

5 days after

+1.7%

Avg return

30 days after

25%

1 / 4 earnings

Positive

+3.3%

Q4 2025

Best reaction

-9.5%

Q1 2026

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-9.5%-2.1%+9.4%
Q4 2025+3.3%+1.0%-7.5%
Q3 2025-7.1%-1.9%-20.0%
Q2 2025-2.3%+3.2%+24.8%

Discussion

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