Omada Health Q2 revenue rises 43% to $88 million; raises 2026 revenue outlook
Omada Health reported second-quarter 2026 revenue of $88 million, up from $61 million a year earlier, and net income of $5 million versus a net loss of $5 million in Q2 2025. The company raised its full-year 2026 revenue and adjusted EBITDA ranges and said co-founder Sean Duffy will move to Executive Chair while President Wei-Li Shao becomes CEO on January 1, 2027.
Key points
- Q2 2026 revenue of $88 million, up 43% from $61 million in Q2 2025; gross margin of 73% versus 66%
- Net income of $5 million in Q2 2026 compared with a net loss of $5 million in Q2 2025; adjusted EBITDA of $11 million
- 2026 revenue outlook raised to $334 million to $340 million from $322 million to $330 million; adjusted EBITDA outlook raised to $21 million to $27 million from $14 million to $20 million
- Wei-Li Shao to succeed Sean Duffy as CEO effective January 1, 2027; Jeryl Hilleman to become Lead Independent Director
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.