Quarterly ResultAug 6, 2026, 07:02 AM
CareCloud Q2 Revenue Up 16% to $31.9M; Reaffirms FY26 Guidance
AI Summary
CareCloud, Inc. reported its second-quarter 2026 financial results, with revenue increasing 16% to $31.9 million. The company achieved its ninth consecutive quarter of positive GAAP net income, though GAAP net income and EPS decreased compared to Q2 2025 due to strategic investments in AI and increased interest expense from capital structure simplification. CareCloud also expanded its product portfolio by acquiring Empower Healthcare & Compliance Partners and reaffirmed its full-year 2026 guidance.
Key Highlights
- Q2 2026 revenue grew 16% to $31.9 million.
- Q2 2026 GAAP net income was $1.1 million, down 62% YoY.
- Q2 2026 GAAP EPS was $0.00, down from $0.04 YoY.
- Q2 2026 Adjusted EBITDA was $5.9 million, down 9% YoY.
- Acquired Empower Healthcare & Compliance Partners, entering new market.
- Completed full redemption of Series B Preferred Stock on May 15, 2026.
- Reaffirmed FY2026 revenue guidance of $128-$132 million.
- Reaffirmed FY2026 Adjusted EBITDA guidance of $29-$31 million.
Price Impact
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