The financials
Omada Health, Inc. by the numbers
Omada Health, Inc. (OMDA) reported revenue of $78M in Q1 2026 (quarter ended March 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 2026-Q1 was Service at $70M, 89% of the disclosed total, just ahead of Hardware at 11%.
| 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 | $70M | 89% |
| Hardware | $8.5M | 11% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q1 2026Total $78.0M (+15%)
Hardware grew +55% year on yearService +41% year on year
Segment Latestquarter on quarteryear on year
- Service$69.6M$69.6MQoQ +11%year on year +41%+11%+41%
- Hardware$8.5M$8.5MQoQ +66%year on year +55%+66%+55%
Health Information Services
Ranks #4 of 14 by Smart Score