STOCK TITAN

Ehealth Inc Financials

EHTH
Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows Ehealth Inc (EHTH) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Profitability Growth Leverage Liquidity Cash Flow Returns 49 / 100
Financial Profile 49/100

Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability
49

Ehealth Inc has an operating margin of 12.0%, meaning the company retains $12 of operating profit per $100 of revenue. This results in a moderate score of 49/100, indicating healthy but not exceptional operating efficiency. This is up from 4.4% the prior year.

Growth
40

Ehealth Inc's revenue grew a modest 4.1% year-over-year to $554.0M. This slow but positive growth earns a score of 40/100.

Leverage
98

Ehealth Inc carries a low D/E ratio of 0.19, meaning only $0.19 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 98/100, indicating a strong balance sheet with room for future borrowing.

Liquidity
65

With a current ratio of 3.37, Ehealth Inc holds $3.37 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 65/100.

Cash Flow
13

While Ehealth Inc generated -$25.3M in operating cash flow, capex of $2.3M consumed most of it, leaving -$27.6M in free cash flow. This results in a low score of 13/100, reflecting heavy capital investment rather than weak cash generation.

Returns
26

Ehealth Inc generates a 6.8% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 26/100. This is up from 1.7% the prior year.

Altman Z-Score Distress
0.91

Ehealth Inc scores 0.91, below the 1.81 distress threshold. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.

Piotroski F-Score Weak
3/9

Ehealth Inc passes 3 of 9 financial strength tests. 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 efficiency signals pass.

Earnings Quality Low Quality
-0.63x

For every $1 of reported earnings, Ehealth Inc generates $-0.63 in operating cash flow (-$25.3M OCF vs $40.0M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Interest Coverage Safe
6.2x

Ehealth Inc earns $6.2 in operating income for every $1 of interest expense ($66.5M vs $10.8M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.

Key Financial Metrics

Export CSV

Earnings & Revenue

Revenue
$554.0M
YoY+4.1%
5Y CAGR-1.0%
10Y CAGR+10.5%

Ehealth Inc generated $554.0M in revenue in fiscal year 2025. This represents an increase of 4.1% from the prior year.

EBITDA
$68.4M
YoY+167.6%
5Y CAGR+1.1%
10Y CAGR+16.8%

Ehealth Inc's EBITDA was $68.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 167.6% from the prior year.

Net Income
$40.0M
YoY+298.2%
5Y CAGR-2.5%
10Y CAGR+26.0%

Ehealth Inc reported $40.0M in net income in fiscal year 2025. This represents an increase of 298.2% from the prior year.

EPS (Diluted)
$-0.34
YoY+71.4%

Ehealth Inc earned $-0.34 per diluted share (EPS) in fiscal year 2025. This represents an increase of 71.4% from the prior year.

Cash & Balance Sheet

Free Cash Flow
-$27.6M
YoY-34.9%

Ehealth Inc generated -$27.6M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 34.9% from the prior year.

Cash & Debt
$73.7M
YoY+88.1%
5Y CAGR+11.0%
10Y CAGR+1.6%

Ehealth Inc held $73.7M in cash against $113.0M in long-term debt as of fiscal year 2025.

Dividends Per Share
N/A
Shares Outstanding
31M
YoY+3.8%
5Y CAGR+3.6%
10Y CAGR+5.5%

Ehealth Inc had 31M shares outstanding in fiscal year 2025. This represents an increase of 3.8% from the prior year.

Margins & Returns

Gross Margin
43.5%
YoY+4.3pp
5Y CAGR-55.8pp
10Y CAGR-55.6pp

Ehealth Inc's gross margin was 43.5% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 4.3 percentage points from the prior year.

Operating Margin
12.0%
YoY+7.6pp
5Y CAGR+2.8pp
10Y CAGR+6.9pp

Ehealth Inc's operating margin was 12.0% in fiscal year 2025, reflecting core business profitability. This is up 7.6 percentage points from the prior year.

Net Margin
7.2%
YoY+5.3pp
5Y CAGR-0.6pp
10Y CAGR+5.3pp

Ehealth Inc's net profit margin was 7.2% in fiscal year 2025, showing the share of revenue converted to profit. This is up 5.3 percentage points from the prior year.

Return on Equity
6.8%
YoY+5.1pp
5Y CAGR+1.3pp
10Y CAGR+5.1pp

Ehealth Inc's ROE was 6.8% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 5.1 percentage points from the prior year.

Capital Allocation

R&D Spending
$13.8M
YoY+11.3%
5Y CAGR+8.7%
10Y CAGR+2.7%

Ehealth Inc invested $13.8M in research and development in fiscal year 2025. This represents an increase of 11.3% from the prior year.

Share Buybacks
N/A
Capital Expenditures
$2.3M
YoY+7.4%
5Y CAGR-21.9%
10Y CAGR+1.8%

Ehealth Inc invested $2.3M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 7.4% from the prior year.

EHTH Income Statement

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Revenue $326.2M+505.6% $53.9M-11.4% $60.8M-46.3% $113.1M-64.1% $315.2M+439.6% $58.4M-11.3% $65.9M-29.2% $93.0M
Cost of Revenue N/A N/A N/A N/A N/A N/A N/A N/A
Gross Profit $180.3M+100280.6% -$180K-101.0% $18.9M-54.7% $41.7M-74.5% $163.9M+4434.8% -$3.8M-120.0% $18.9M-35.9% $29.5M
R&D Expenses N/A N/A N/A N/A N/A N/A N/A N/A
SG&A Expenses $28.7M+31.1% $21.9M+1.6% $21.6M+24.7% $17.3M-36.9% $27.4M+35.2% $20.3M-9.4% $22.4M+14.2% $19.6M
Operating Income $126.3M+404.1% -$41.5M-80.2% -$23.0M-580.3% $4.8M-95.7% $112.6M+360.7% -$43.2M-54.5% -$28.0M-56.1% -$17.9M
Interest Expense $3.4M+41.8% $2.4M+1.5% $2.3M-11.3% $2.6M+0.2% $2.6M-7.6% $2.9M+0.4% $2.8M+1.4% $2.8M
Income Tax $34.8M+409.6% -$11.2M-68.9% -$6.7M-474.7% $1.8M-86.3% $13.0M+788.8% -$1.9M-273.5% -$505K+62.5% -$1.3M
Net Income $87.2M+375.1% -$31.7M-82.2% -$17.4M-992.2% $1.9M-98.0% $97.5M+329.5% -$42.5M-51.9% -$28.0M-64.7% -$17.0M
EPS (Diluted) N/A $-1.46-49.0% $-0.98-197.0% $-0.33 N/A $-1.83-37.6% $-1.33-38.5% $-0.96

EHTH Balance Sheet

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Total Assets $1.3B+20.5% $1.0B-3.0% $1.1B-5.1% $1.1B-1.6% $1.2B+15.3% $1.0B-3.5% $1.0B-5.2% $1.1B
Current Assets $334.4M+10.4% $302.9M-7.7% $328.2M-11.2% $369.4M+4.2% $354.5M+4.0% $340.9M-4.2% $355.9M-12.0% $404.4M
Cash & Equivalents $73.7M+16.9% $63.1M-4.3% $65.9M-45.6% $121.1M+208.9% $39.2M-38.8% $64.0M-49.3% $126.3M-27.8% $175.0M
Inventory N/A N/A N/A N/A N/A N/A N/A N/A
Accounts Receivable $7.7M+315.1% $1.9M-0.2% $1.9M-45.2% $3.4M-79.8% $16.8M+186.6% $5.9M+395.7% $1.2M-15.9% $1.4M
Goodwill N/A N/A N/A N/A N/A N/A N/A N/A
Total Liabilities $670.9M+25.8% $533.2M+1.6% $524.8M-5.5% $555.5M-2.0% $567.0M+12.8% $502.6M+2.6% $489.8M-4.5% $512.8M
Current Liabilities $99.1M+93.4% $51.2M-53.5% $110.2M-23.1% $143.4M+49.3% $96.0M+78.3% $53.8M-53.7% $116.3M-20.4% $146.0M
Long-Term Debt $113.0M+62.7% $69.4M $0 $0-100.0% $68.5M-1.0% $69.2M $0 $0
Total Equity $591.6M+15.1% $514.2M-7.3% $554.9M-4.6% $581.6M-1.2% $588.4M+17.8% $499.3M-9.0% $548.9M-5.8% $582.8M
Retained Earnings $30.1M+168.7% -$43.8M-261.4% -$12.1M-329.9% $5.3M-65.4% $15.2M+113.4% -$113.4M-90.8% -$59.4M-190.9% -$20.4M

EHTH Cash Flow Statement

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Operating Cash Flow -$35.9M-42.0% -$25.3M+38.6% -$41.2M-153.4% $77.1M+378.8% -$27.7M+5.5% -$29.3M+9.0% -$32.2M-145.5% $70.8M
Capital Expenditures $143K-33.2% $214K-86.5% $1.6M+414.6% $308K-51.2% $631K-36.8% $998K+282.4% $261K+27.9% $204K
Free Cash Flow -$36.1M-41.4% -$25.5M+40.3% -$42.8M-155.7% $76.8M+371.5% -$28.3M+6.6% -$30.3M+6.7% -$32.4M-146.0% $70.6M
Investing Cash Flow $6.4M-73.1% $23.7M+334.2% -$10.1M-284.9% $5.5M-31.5% $8.0M+124.5% -$32.7M-143.0% -$13.4M-30.7% -$10.3M
Financing Cash Flow $40.1M+3243.2% -$1.3M+66.8% -$3.8M-449.9% -$699K+86.0% -$5.0M-1007.3% -$450K+84.9% -$3.0M-136.9% -$1.3M
Dividends Paid N/A N/A N/A N/A N/A N/A N/A N/A
Share Buybacks N/A N/A N/A N/A N/A N/A N/A N/A

EHTH Financial Ratios

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Gross Margin 55.3%+55.6pp -0.3%-31.4pp 31.1%-5.8pp 36.9%-15.1pp 52.0%+58.5pp -6.5%-35.1pp 28.7%-3.0pp 31.7%
Operating Margin 38.7%+115.8pp -77.1%-39.2pp -37.9%-42.1pp 4.2%-31.5pp 35.7%+109.7pp -74.0%-31.5pp -42.4%-23.2pp -19.3%
Net Margin 26.7%+85.5pp -58.8%-30.2pp -28.6%-30.3pp 1.7%-29.2pp 30.9%+103.6pp -72.7%-30.2pp -42.5%-24.2pp -18.3%
Return on Equity 14.7%+20.9pp -6.2%-3.0pp -3.1%-3.5pp 0.3%-16.2pp 16.6%+25.1pp -8.5%-3.4pp -5.1%-2.2pp -2.9%
Return on Assets 6.9%+9.9pp -3.0%-1.4pp -1.6%-1.8pp 0.2%-8.3pp 8.4%+12.7pp -4.2%-1.6pp -2.7%-1.1pp -1.6%
Current Ratio 3.37-2.5 5.91+2.9 2.98+0.4 2.58-1.1 3.69-2.6 6.33+3.3 3.06+0.3 2.77
Debt-to-Equity 0.19+0.1 0.14+0.1 0.000.0 0.00-0.1 0.12-0.0 0.14+0.1 0.000.0 0.00
FCF Margin -11.1%+36.3pp -47.4%+23.0pp -70.4%-138.3pp 67.9%+76.9pp -9.0%+42.9pp -51.8%-2.6pp -49.3%-125.2pp 75.9%

Similar Companies

Frequently Asked Questions

Ehealth Inc (EHTH) reported $554.0M in total revenue for fiscal year 2025. This represents a 4.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

Ehealth Inc (EHTH) revenue grew by 4.1% year-over-year, from $532.4M to $554.0M in fiscal year 2025.

Yes, Ehealth Inc (EHTH) reported a net income of $40.0M in fiscal year 2025, with a net profit margin of 7.2%.

Ehealth Inc (EHTH) reported diluted earnings per share of $-0.34 for fiscal year 2025. This represents a 71.4% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Ehealth Inc (EHTH) had EBITDA of $68.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

As of fiscal year 2025, Ehealth Inc (EHTH) had $73.7M in cash and equivalents against $113.0M in long-term debt.

Ehealth Inc (EHTH) had a gross margin of 43.5% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

Ehealth Inc (EHTH) had an operating margin of 12.0% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

Ehealth Inc (EHTH) had a net profit margin of 7.2% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Ehealth Inc (EHTH) has a return on equity of 6.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

Ehealth Inc (EHTH) generated -$27.6M in free cash flow during fiscal year 2025. This represents a -34.9% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

Ehealth Inc (EHTH) generated -$25.3M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

Ehealth Inc (EHTH) had $1.3B in total assets as of fiscal year 2025, including both current and long-term assets.

Ehealth Inc (EHTH) invested $2.3M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Ehealth Inc (EHTH) invested $13.8M in research and development during fiscal year 2025.

Ehealth Inc (EHTH) had 31M shares outstanding as of fiscal year 2025.

Ehealth Inc (EHTH) had a current ratio of 3.37 as of fiscal year 2025, which is generally considered healthy.

Ehealth Inc (EHTH) had a debt-to-equity ratio of 0.19 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

Ehealth Inc (EHTH) had a return on assets of 3.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Based on fiscal year 2025 data, Ehealth Inc (EHTH) had $73.7M in cash against an annual operating cash burn of $25.3M. This gives an estimated cash runway of approximately 35 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.

Ehealth Inc (EHTH) has an Altman Z-Score of 0.91, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

Ehealth Inc (EHTH) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Ehealth Inc (EHTH) has an earnings quality ratio of -0.63x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Ehealth Inc (EHTH) has an interest coverage ratio of 6.2x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

Ehealth Inc (EHTH) scores 49 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.

Back to top