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Omada Health, a pioneer in virtual care solutions for chronic disease management, released its first earnings report since going public in June 2025. The company posted a robust 49% year-over-year revenue increase, reaching $61 million in Q2, comfortably beating analyst expectations of $55.2 million.
Despite reporting a net loss of $5.31 million (or 24 cents per share), Omada narrowed its losses significantly compared to the $10.69 million loss (or $1.40 per share) from the same quarter last year. This improved performance underscores the company’s ability to scale while managing costs effectively.
CEO Sean Duffy described the quarter as “strategically consistent at an accelerated pace,” emphasizing the growing focus on metabolic and chronic care within the healthcare sector. “The start gun of our next chapter just clicked, and we’re running hard,” Duffy shared, highlighting confidence in Omada’s growth potential and expanding footprint.
Omada’s total member count surged to 752,000 by the end of Q2, a 52% increase year-over-year, reflecting strong adoption of its virtual care programs designed for conditions like prediabetes, diabetes, and hypertension. The company’s “between-visit care model” is gaining traction as a complementary tool to traditional healthcare systems.
For fiscal 2025, Omada projects revenue between $235 million and $241 million, surpassing analyst estimates of $222 million. The company anticipates an adjusted EBITDA loss ranging from $9 million to $5 million, signaling further progress toward profitability compared to market expectations of a $20.2 million loss.
After debuting on the Nasdaq at $23 per share, Omada’s stock closed at $19.46 on Thursday, reflecting typical post-IPO market fluctuations. Investors are closely watching how Omada capitalizes on the growing demand for remote chronic disease management amid healthcare’s digital transformation.
With chronic diseases affecting millions worldwide, Omada’s scalable virtual care solutions offer a promising path to better patient outcomes and reduced healthcare costs. Its strong Q2 results and optimistic forecasts position it as a key player in the evolving digital health ecosystem.