earnings
confidence high
sentiment positive
materiality 0.80
eHealth Q4 2025 revenue $326.2M (+4% YoY); adj. EBITDA $132.9M (+10%); commissions receivable $1.1B
eHealth, Inc.
2025-FY EPS reported
-$0.34
revenue$554,008,000
- Q4 GAAP net income $87.2M vs $97.5M YoY; FY 2025 GAAP net income $40.0M, up from $10.1M.
- Q4 adjusted EBITDA $132.9M (+10% YoY); FY adjusted EBITDA $97.3M (+40%).
- Commissions receivable $1.1B at Dec 31, 2025, up 12% YoY; Medicare LTV-to-CAC ratio improved to 2.2x from 2.0x.
- Replaced $70M term loan with $125M asset-backed revolving credit facility maturing Dec 2028.
- Launched AI voice agent at scale during Medicare AEP; total MA submissions down 4% in Q4.
item 2.02item 9.01