eHealth IncEHTH
▼ NegativeCapitalrelevance
Revenue dropped 45% and net loss widened, though guidance reiterated.
Impact on stocks 1
Financials
eHealth InceHealth Q2 2026 revenue drops 45% to $33.6 million amid strategic shift
Earnings
eHealth, Inc. reported second quarter 2026 total revenue of $33.6 million, a 45% decline driven by lower Medicare enrollment volume and reduced sponsorship revenue. GAAP net loss widened to $23.6 million from $17.4 million a year earlier, while adjusted EBITDA was a loss of $21.8 million, reflecting the company's deliberate strategy to reduce marketing spend outside of primary enrollment seasons. Operating cash flow improved to a loss of $5 million from a loss of $41.2 million in the prior year period, and cash and marketable securities stood at $101 million as of June 30, 2026. The company reiterated its full-year 2026 guidance ranges, including revenue of $405 million to $445 million, GAAP net income of $8 million to $25 million, and adjusted EBITDA of $55 million to $75 million. Management highlighted the launch of a lifetime advisory model and a cost-reduction program targeting $90 million in total annual savings, with variable marketing savings projected at more than $60 million annually and fixed cost savings of approximately $30 million.
eHealth IncRevenue dropped 45% and net loss widened, though guidance reiterated.