Quarterly ResultMay 6, 2026, 04:25 PM
eHealth Q1 Revenue $88.0M, Net Loss $4.7M; Reiterates FY26 Guidance
AI Summary
eHealth announced Q1 2026 financial results, which were ahead of expectations, with total revenue of $88.0 million (down 22% YoY) and a GAAP net loss of $4.7 million. The company reported strong Medicare segment profitability and operating expense improvements, launching a lifetime advisory model and final expense insurance offering. eHealth reiterated its full-year 2026 guidance and is on track to reduce total FY 2026 operating costs by approximately $90 million. Additionally, director Cesar Soriano resigned from the Board, effective prior to the 2026 Annual Meeting, and the Board plans to reduce its size from ten to eight members.
Key Highlights
- Q1 2026 total revenue was $88.0 million, a 22% decrease from $113.1 million in Q1 2025.
- Q1 2026 GAAP net loss was $4.7 million, compared to GAAP net income of $2.0 million in Q1 2025.
- Q1 2026 adjusted EBITDA was $9.0 million, a 28% decrease from $12.5 million in Q1 2025.
- Medicare segment gross margin expanded to 41% in Q1 2026 from 34% in Q1 2025.
- Total operating costs and expenses decreased 16% to $90.9 million in Q1 2026.
- FY 2026 guidance reiterated: total revenue $405.0M-$445.0M, GAAP net income $8.0M-$25.0M.
- Director Cesar Soriano resigned from the Board, effective prior to the 2026 Annual Meeting on June 18, 2026.
- The Board intends to reduce its size from ten to eight members, effective as of the 2026 Annual Meeting.