| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 31.27 | 13.2% |
| Total Income | 31.27 | 13.2% |
| Expenditure | 30.27 | 18.2% |
| PBT | 0.97 | 51.3% |
| Net Profit | 0.92 | 52.8% |
| OPM | 3.20% | 4.11pp |
| NPM | 2.95% | 4.10pp |
| EPS | -0.01 | 75.0% |
CareCloud Reports Q1 2026 Results; Revenue Grows 13% Year-Over-Year
07 May 2026 · 7 May, 4:41 pm
Summary
CareCloud, Inc. announced its financial results for the quarter ended March 31, 2026, reporting a 13% year-over-year revenue increase to $31.3 million. GAAP net income was $922,000, down from $1.9 million in the same quarter last year, and adjusted EBITDA was $5.4 million, compared to $5.6 million in Q1 2025. The company reaffirmed its full-year 2026 revenue guidance of $128 to $132 million and EPS guidance of $0.20 to $0.23. Management highlighted the successful closing of a $50 million credit facility and the announced redemption of its Series B Preferred Stock as pivotal steps in the company's growth trajectory.
Key Highlights
- 1
CareCloud's revenue reached $31.3 million in Q1 2026, compared to $27.6 million in Q1 2025, representing a 13% year-over-year growth.
- 2
The company reported a GAAP net income of $922,000 for Q1 2026, although this is lower than the $1.9 million net income in Q1 2025.
- 3
Adjusted EBITDA for Q1 2026 was $5.4 million, slightly lower than the $5.6 million reported in Q1 2025.
- 4
GAAP EPS was ($0.01) in Q1 2026, compared to ($0.04) per share in Q1 2025.
- 5
CareCloud reaffirmed its 2026 revenue guidance of $128 – $132 million.
- 6
The company launched stratusAI Desk Agent, automating approximately 75% of inbound calls, and stratusAI Voice Audit.
- 7
CareCloud expanded its product portfolio to include inpatient EHR, RCM, and analytics.
Management Comments
Stephen Snyder
“Q1 2026 marks the start of an exciting new chapter for CareCloud. We delivered 13% year-over-year revenue growth, expanded our AI offering and our addressable market into the inpatient segment, and took decisive action to simplify our capital structure with the announced full redemption of our Series B Preferred Stock and the closing of a new $50 million credit facility. With the Medsphere integration substantially complete, a stronger balance sheet, and our 2026 guidance reaffirmed, we believe CareCloud is uniquely positioned to translate this momentum into accelerating, durable shareholder value through the balance of 2026 and beyond.”
A. Hadi Chaudhry
“This was the quarter our AI strategy moved from promise to performance. stratusAI Desk Agent is now resolving approximately 75% of inbound patient calls autonomously, stratusAI Voice Audit is surfacing revenue and compliance opportunities in real time, and our newly launched AI Center of Excellence is shipping new agentic capabilities at an accelerating pace. By layering these AI services on top of our expanded ambulatory and inpatient platform—including our #1 Black Book–ranked EDIS—we are building a differentiated, full-stack healthcare technology offering that scales with every customer we serve and creates a durable, technology-led competitive advantage.”
Norman Roth
“We are reaffirming our 2026 guidance based on our confidence for the year. The integration of our Medsphere acquisition impacted our earnings as anticipated this quarter and is now substantially complete, positioning us to deliver improving margins through the balance of 2026. We look forward to redeeming all of our Series B Preferred Stock for cash on May 15.”
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