eHealth, Inc.EHTHEarnings & Financial Report
eHealth, Inc., doing business as eHealthInsurance, is a publicly traded online marketplace for health insurance, organized in Delaware and based in Santa Clara, California. The company primarily provides plans related to Medicare such as prescription drug plans, Medigap, and Medicare Advantage plans. The company also sells individual plans, competing with health insurance marketplaces. The company sells plans in all 50 U.S. states and the District of Columbia from 170 health insurance carrier...
EHTH Q4 FY2025 Key Financial Metrics
Revenue
$326.2M
Gross Profit
$180.3M
Operating Profit
$126.3M
Net Profit
$87.2M
Gross Margin
55.3%
Operating Margin
38.7%
Net Margin
26.7%
YoY Growth
3.5%
EPS
$2.43
eHealth, Inc. Q4 FY2025 Financial Summary
eHealth, Inc. reported revenue of $326.2M (up 3.5% YoY) for Q4 FY2025, with a net profit of $87.2M (down 10.6% YoY) (26.7% margin). Cost of goods sold was $145.9M, operating expenses totaled $54.1M.
Key Financial Metrics
| Total Revenue | $326.2M |
|---|---|
| Net Profit | $87.2M |
| Gross Margin | 55.3% |
| Operating Margin | 38.7% |
| Report Period | Q4 FY2025 |
Revenue Breakdown
eHealth, Inc. Q4 FY2025 revenue of $326.2M breaks down across 6 segments, led by Medicare at $282.7M (86.7% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Medicare | $282.7M | 86.7% |
| Other | $29.2M | 8.9% |
| Ancillaries | $7.9M | 2.4% |
| Commission Members Approved In Prior Periods | $3.8M | 1.2% |
| Small Business | $3.1M | 1.0% |
| Commission Revenue From Renewals | $2.4M | 0.7% |
eHealth, Inc. Revenue by Segment — Quarterly Trend
eHealth, Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Medicare and Other) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Medicare | $282.7M | — | $50.5M | — |
| Other | $29.2M | $1.4M | $6.1M | $14.2M |
| Ancillaries | $7.9M | $3.3M | — | $5.8M |
| Commission Members Approved In Prior Periods | $3.8M | $12.1M | — | — |
| Small Business | $3.1M | — | — | — |
eHealth, Inc. Annual Revenue by Year
eHealth, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $554.0M).
eHealth, Inc. Quarterly Revenue & Net Profit History
eHealth, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $326.2M | +3.5% | $87.2M | 26.7% |
| Q3 FY2025 | $53.9M | -7.8% | $-31.7M | -58.8% |
| Q2 FY2025 | $60.8M | -7.7% | $-17.4M | -28.6% |
| Q1 FY2025 | $113.1M | +21.7% | $1.9M | 1.7% |
| Q4 FY2024 | $315.2M | +27.3% | $97.5M | 30.9% |
| Q3 FY2024 | $58.4M | -9.7% | $-42.5M | -72.7% |
| Q2 FY2024 | $65.9M | -1.4% | $-28.0M | -42.5% |
| Q1 FY2024 | $93.0M | +26.1% | $-17.0M | -18.3% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $93.0M | $65.9M | $58.4M | $315.2M | $113.1M | $60.8M | $53.9M | $326.2M |
| YoY Growth | 26.1% | -1.4% | -9.7% | 27.3% | 21.7% | -7.7% | -7.8% | 3.5% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $1.10B | $1.04B | $1.00B | $1.16B | $1.14B | $1.08B | $1.05B | $1.26B |
| Liabilities | $205.4M | $172.7M | $175.5M | $229.5M | $207.6M | $165.9M | $162.9M | $288.8M |
| Equity | $582.8M | $548.9M | $499.3M | $588.4M | $581.6M | $554.9M | $514.2M | $591.6M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $70.8M | $-32.2M | $-29.3M | $-27.7M | $77.1M | $-41.2M | $-25.3M | $-35.9M |