CareCloud Q2 revenue rises 16% to $31.9 million, but net income falls to $1.1 million
CareCloud reported second quarter 2026 revenue of $31.9 million, up from $27.4 million a year earlier, but GAAP net income fell to $1.1 million from $2.9 million and GAAP EPS was $0.00 versus $0.04. The company reaffirmed its full-year 2026 guidance, and management attributed the lower profit to higher R&D spending and higher interest expense after the Series B preferred stock redemption.
Key points
- Q2 2026 revenue of $31.9 million vs. $27.4 million in Q2 2025; adjusted EBITDA of $5.9 million vs. $6.5 million.
- GAAP net income of $1.1 million vs. $2.9 million; GAAP EPS of $0.00 vs. $0.04 per share.
- Full-year 2026 guidance reaffirmed: revenue $128 million to $132 million, adjusted EBITDA $29 million to $31 million, GAAP EPS $0.20 to $0.23.
- Series B Preferred Stock fully redeemed on May 15, 2026; the company acquired Empower Healthcare & Compliance Partners.
The filing
Written by AI on Nov 9, 2026, 8:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 06, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.