Health In Tech, Inc. reports developments as an AI-enabled InsurTech platform company serving the self-funded health insurance market. Its marketplace connects brokers, third-party administrators, managing general underwriters and carriers with employer health plan functions including plan customization, bindable stop-loss quotes, AI-enabled underwriting, claims administration and reporting integration.
Company news commonly covers financial results, investor presentations, technology development, product-capability updates, distribution expansion and capital actions. Updates also address collaborations tied to cloud architecture, data engineering and platform analytics, along with leadership changes affecting the company's technology organization.
Health In Tech (HIT) appointed Sanjay Shrestha as chief executive officer, succeeding founder Tim Johnson, who becomes executive chairman. Both appointments are effective October 20, 2026. Shrestha, formerly president of Plug Power, will oversee operating performance, commercial strategy, organizational development and financial execution.
The company plans to expand adoption of its existing solutions, strengthen distribution and carrier partnerships, improve operating efficiency and evaluate acquisitions, strategic investments and complementary business opportunities. Shrestha will lead acquisition evaluation and execution with Johnson and the board. Johnson will remain active in long-term strategy, technology innovation and product development, including the evolution of the company's AI-enabled marketplace. The CEO remains accountable to the board for overall management and business strategy execution.
Health In Tech (Nasdaq: HIT) will hold its annual stockholder meeting on November 10, 2026, via live virtual webcast. The meeting starts at 10:00 AM ET. Stockholders as of September 18, 2026, can vote electronically and submit questions at www.cleartrustonline.com/HIT. Guests can listen without a control number, and a replay will be available on the company’s website.
Health In Tech (HIT) announced the next release of HitRix, an AI-powered environment for brokers placing self-funded medical stop-loss insurance.
Built on the company's eDIYBS platform, HitRix brings submission intake, routing to insurance markets, quote comparison and case tracking into one dashboard. Brokers can submit a group to multiple carriers and track proposals through placement. The system uses AI-assisted document processing to organize claims information and quote terms, with human review before information moves forward. Health In Tech describes HitRix as a way to replace disconnected inboxes, spreadsheets and portals with a coordinated process. Case records include communications, placement activity and documented reasons for declined quotes.
Health In Tech (HIT) will participate in the 17th Annual Craig-Hallum Alpha Select Conference on November 17, 2026.
Management and investor relations representatives will host one-on-one meetings with institutional investors throughout the day at the Sheraton New York Times Square Hotel in New York City.
Health In Tech (HIT) launched HitRix, an AI-powered platform designed to simplify large-group self-funded health insurance submissions and placement.
The platform brings document processing, submissions to multiple carriers, proposal comparison and transaction execution into one environment. Health In Tech updated its full-year 2026 revenue outlook to approximately $33 million, roughly in line with 2025 revenue, primarily reflecting initiative timing and its effect on policy effective dates and revenue recognition.
The company expects HitRix, its Three-Year Rate Stabilization Program and expanded carrier capacity to contribute more meaningfully in 2027 and beyond. Its distribution ecosystem included 933 partners as of June 30, 2026, up 19.9% year over year.
Health In Tech (HIT) has been named to Newsweek's America's Greatest Mid-Market Companies 2026 list, recognizing 100 top U.S. public mid-market firms.
The ranking, developed with Plant-A Insights Group, evaluates companies on financial strength and market performance, workforce performance, innovation and environmental sustainability. Approximately 4,300 U.S. public companies were initially reviewed, with the final 100 honorees selected via a proprietary scoring model using financial and workforce data, employee feedback, innovation and patent metrics, independent sustainability assessments, and public records and media coverage. Health In Tech's CEO said the recognition reflects its focus on efficient AI-driven insurance products, its team, and long-term sustainability.
Health In Tech (Nasdaq: HIT) reported Q2 2026 revenue of $8.1 million, down from $9.3 million in Q2 2025, and a net loss of $2.5 million, or $(0.04) per diluted share, versus net income of $0.6 million a year earlier. First-half 2026 revenue was $16.8 million compared with $17.3 million, with a net loss of $4.1 million, or $(0.07) per diluted share.
Contracted Revenue totaled $32.3 million for first-half 2026, including $17.3 million recognized as GAAP revenue, with $14.0 million expected in second-half 2026 and $1.0 million in 2027. Pipeline Revenue was $66.3 million as of July 31, 2026. Distribution partners reached 933, up 19.9% year over year, and Platform Placed Plan Value was $84.0 million. Adjusted EBITDA was $(1.3) million in Q2 2026. The company reaffirmed its full-year 2026 revenue guidance of $45–$50 million and highlighted progress on its Three-Year Rate Stabilization Program and the planned second-half 2026 launch of its HitRix marketplace platform.
Health In Tech (Nasdaq: HIT) will release its second quarter 2026 financial results for the period ended June 30, 2026, after market close on Thursday, August 13, 2026. The company will host an earnings conference call and live webcast at 5:00 p.m. ET the same day to review financial results, recent developments and business outlook.
Investors can join the live call via toll-free dial-in 1-888-346-8982 or international dial-in 1-412-902-4272, or access the webcast at https://app.webinar.net/1aeXyLWJgEl. According to Health In Tech, a replay will be available on its investor relations website for about 90 days.
Health In Tech (Nasdaq:HIT) was added to the Russell Microcap® Index, effective at the U.S. market open on June 29, 2026, as part of the 2026 Russell U.S. indexes reconstitution.
Membership, which runs for half a year, brings automatic inclusion in related growth and value style indexes.
Russell U.S. indexes benchmark about $12.2 trillion in assets as of June 2025.
Health In Tech (Nasdaq:HIT) reported unaudited Q1 2026 revenue of $8.8 million, up 9.4% year over year. Platform placed plan value reached $82.0 million.
Adjusted EBITDA was $(1.3) million and net loss was $1.6 million or $(0.03) per diluted share.
Distribution partners grew 29.5% to 896. Contracted revenue for the remaining 2026 quarters totaled $22.9 million. Cash was $10.3 million and working capital $15.0 million.
The company reiterated 2026 revenue guidance of $45–$50 million, implying 35%–50% growth, and completed a March PIPE financing with about $7 million in gross proceeds.