The financials
Omada Health, Inc. by the numbers
Omada Health, Inc. (OMDA) reported revenue of $78M in Q1 2026 (quarter ended Mar 31, 2026), up 42% from the same quarter a year earlier. That came with a gross margin of 62% and net loss of $3.0M. For the full year FY2025, revenue was $260M (+53% year on year) and net income −$13M. Its largest product in Jun 2026 was Service at $81M, 92% of the disclosed total, well ahead of Hardware at 8.1%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $78M | $55M | +42% |
| Gross profit | $49M | $32M | +53% |
| Operating income | −$4.8M | −$8.4M | n/a |
| Net income | −$3.0M | −$9.4M | n/a |
| Diluted EPS | −$0.05 | −$1.15 | n/a |
| Product | Revenue | Share |
|---|---|---|
| Service | $81M | 92% |
| Hardware | $7.1M | 8.1% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Jun 2026Total $87.8M (+13%)
Hardware grew +62% year on yearService +42% year on year
Segment Latestquarter on quarteryear on year
- Service$80.7M$80.7MQoQ +16%year on year +42%+16%+42%
- Hardware$7.1M$7.1MQoQ -16%year on year +62%-16%+62%
Health Information Services
Ranks #11 of 13 by Smart Score