OMDA press release
Key Highlights
- ➤Q3 revenue $91 million, up 34% year over year
- ➤Q3 net income $7 million, versus a $3 million loss
- ➤Total Members reached 1.1 million, increasing 36% year over year
- ➤2026 revenue outlook raised to $344 million-$346 million
- ➤2026 Adjusted EBITDA outlook raised to $32 million-$34 million
Expert Statements
Sean Duffy, Co-founder and CEO of Omada Health
“Omada Health delivered its strongest quarter yet, with revenue growing 34% year over year, Total Members increasing 36% and a GAAP gross margin of 76%”
* Quarterly Revenue of $91 million and All-Time High Total Members of 1.1 million * Revenue Grew 34% and Total Members Increased 36% Year over Year * Raises Full Year 2026 Financial Outlook SAN FRANCISCO, Nov. 05, 2026 (GLOBE NEWSWIRE) -- Omada Health, Inc. (Nasdaq: OMDA), the virtual between-visit healthcare provider, today reported financial results for the third quarter ended September 30, 2026.
Financial Highlights * Revenue of $91 million, compared with total revenue of $68 million in Q3 2025 * Gross margin of 76% in the third quarter, up from 66% in Q3 2025 * Non-GAAP gross margin of 78% in the third quarter, up from 68% in Q3 2025 * Net income of $7 million in the third quarter, compared with a net loss of $3 million in Q3 2025 * Adjusted EBITDA of $12 million in the third quarter, compared with Adjusted EBITDA of $2 million in Q3 2025 * Trailing 12-month revenue per Total Member grew approximately 5% year over year to $294 * Cash and cash equivalents of $243 million Please see the non-GAAP Financial Measures section below and reconciliations of GAAP to non-GAAP measures at the end of this press release.
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