Health In Tech Q1 revenue up 9.4% to $8.8M; net loss of $1.6M vs prior year profit

Health In Tech, Inc.

Revenue $8.8M (+9.4% YoY); net loss $1.6M ($0.03 diluted loss) vs net income $0.5M in Q1 2025.
Adjusted EBITDA -$1.3M vs +$1.2M; higher sales/marketing spending for growth initiatives.
Reiterated FY 2026 revenue guidance $45M-$50M (35-50% YoY growth); contracted revenue for rest of year $22.9M.
Distribution partners up 29.5% YoY to 896; cash $10.3M, working capital $15.0M.
Completed ~$7M PIPE in March; proceeds to fund sales expansion, new marketplace offerings.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Health In Tech, Inc. reported the three months ended March 31, 2026 results: revenue $8.8 million, net income $1.6 million, or $(0.03) per diluted share, EPS $(0.03) per diluted share. Guidance reaffirmed.

Period: the three months ended March 31, 2026
Revenue: $8.8 million
Net income: $1.6 million, or $(0.03) per diluted share
EPS: $(0.03) per diluted share
Guidance: reaffirmed
Result: reported results

Exact text from the filing

Health In Tech, Inc. (Nasdaq: HIT) (“Health In Tech” or “Company”), an AI-enabled InsurTech platform company, today announced its unaudited financial results for the three months ended March 31, 2026. First Quarter 2026 Overview ● Revenue increased 9.4% to $8.8 million from $8.0 million in the first quarter of 2025. ● Platform placed plan value 1 totaled $82.0 million. ● Adjusted EBITDA 2 totaled $(1.3) million, compared to $1.2 million in the first quarter of 2025, and reflected higher sales and marketing expenses for initiatives designed to drive long-term revenue growth. ● Net loss equaled $1.6 million, or $(0.03) per diluted share, compared to net income of $0.5 million, or $0.01 per diluted share, in the first quarter of 2025.

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Source: SEC EDGAR

accession 0001213900-26-055824

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