eHealth, Inc. EHTH

Financials SIC 6411 - Insurance Agents, Brokers & Service Nasdaq

eHealth, Inc. and its subsidiaries, referred to throughout this report as "eHealth," the "Company," "we," "us" or "our," is a leading private health insurance marketplace with a technology and service platform that provides consumer engagement, education and health insurance enrollment solutions. Our mission is to expertly guide consumers through their health insurance enrollment and related options, when, where, and how they prefer. Our platform leverages technology to solve a critical problem in a large and growing market by aiding consumers in what has traditionally been a complex, confusing and opaque health insurance purchasing process.

Our omnichannel consumer engagement platform differentiates our offering from our competitors and enables consumers, or beneficiaries, to use our services through our self-service online platform, by telephone with a licensed and trained insurance agent, or benefit advisor, or through a hybrid online assisted interaction that includes live agent chat and co-browsing capabilities. We have created a consumer-centric marketplace that offers consumers a broad choice of insurance products that includes thousands of Medicare Advantage, Medicare Supplement, Medicare Part D prescription drug, individual, family, small business, and other ancillary health insurance products from over 180 health insurance carriers nationwide, including approximately 50 Medicare health insurance carriers. Our plan recommendation tool curates this broad plan selection by analyzing beneficiaries' health-related information against plan data for insurance coverage fit. This tool is supported by a unified data platform and is available to our ecommerce consumers and our licensed benefit advisors. We strive to be the most trusted, unbiased, transparent partner to consumers in their journeys through the health insurance market.

Last close 0.99 2026-09-04
Market cap $31.7M 2026-06-30 share count
52-week range 0.89 - 5.89

Valuation FY2025 figures against the last close

P/S0.1x
P/E
P/FCF
EV/EBITDA1.0x
Dividend yield
Diluted EPS-0.34

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $554.0M$532.4M$452.9M$405.4M$538.2M$582.8M$506.2M$251.4M$190.7M$193.3M
Cost of revenue $1.3M$1.8M$1.8M$1.6M$2.0M$4.1M$2.7M$1.2M$582.0K$862.0K
Gross profit $240.8M$208.5M$159.2M$403.7M$536.2M$578.7M$503.5M$250.2M$190.1M$192.5M
R&D $13.8M$12.4M$13.7M$12.1M$10.4M$9.1M$8.1M$6.9M$7.6M$8.9M
SG&A $89.6M$89.8M$99.4M$71.8M$75.7M$76.5M$64.2M$45.8M$40.0M$35.2M
Total operating expenses $487.5M$508.8M$481.9M$508.1M$663.8M$529.5M$424.8M$248.8M$200.2M$190.5M
Operating income $66.5M$23.6M-$29.1M-$102.7M-$125.6M$53.3M$81.4M$2.6M-$9.5M$2.8M
Interest expense $10.8M$11.2M$11.0M$7.6M$845.0K
Pre-tax income $58.7M$19.3M-$30.6M-$106.4M-$124.9M$54.0M$83.5M$3.3M-$8.3M$4.0M
Income tax $18.7M$9.3M$2.4M$17.7M$20.5M$8.5M$16.6M$3.1M$33.7M$3.7M
Net income $40.0M$10.1M-$28.2M-$88.7M-$104.4M$45.5M$66.9M$241.0K$25.4M$304.0K
EPS, basic -0.34-1.19-2.37-4.36-4.591.752.900.011.370.02
EPS, diluted -0.34-1.19-2.37-4.36-4.591.682.730.011.330.02
Shares, diluted (wtd. avg.) $30.5M$29.3M$28.0M$27.4M$26.8M$27.0M$24.5M$20.4M$19.0M$18.3M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $73.7M$39.2M$118.8M$147.6M$85.2M$47.1M$26.8M$13.1M$40.3M$61.8M
Short-term investments $3.5M$43.0M$5.9M$0$41.3M$49.6M$0
Receivables $7.7M$16.8M$4.0M$2.6M$5.8M$1.8M$2.3M$3.6M$1.5M$9.2M
Total current assets $334.4M$354.5M$382.4M$401.1M$407.6M$331.0M$208.1M$156.2M$155.7M$76.1M
Property, plant and equipment $4.5M$4.4M$4.9M$5.5M$12.1M$14.6M$10.5M$7.7M$4.7M$5.6M
Goodwill $0$0$0$40.2M$40.2M$40.2M$14.1M$14.1M
Other intangibles $1.9M$8.6M$10.1M$12.2M$7.5M$8.6M
Total assets $1.26B$1.16B$1.11B$1.11B$1.15B$1.04B$741.6M$439.3M$359.1M$108.9M
Accounts payable $28.3M$23.4M$7.2M$6.7M$13.8M$36.9M$24.6M$5.7M$3.2M$5.1M
Total current liabilities $99.1M$96.0M$78.5M$60.6M$75.5M$84.4M$113.0M$60.6M$25.4M$27.9M
Long-term debt $113.0M$68.5M$67.8M$66.1M$0$0$5.0M$0
Total liabilities $288.8M$229.5M$209.3M$198.4M$167.2M$202.5M
Retained earnings $30.1M$15.2M$7.3M$73.8M$193.2M$316.2M$271.9M$205.0M$204.7M$4.6M
Total equity $591.6M$588.4M$606.0M$651.0M$749.5M$837.6M$527.2M$303.1M$286.7M$252.3M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow -$25.3M-$18.4M-$6.7M-$26.9M-$162.6M-$107.9M-$71.5M-$3.2M-$15.5M$4.1M
Depreciation and amortisation $1.9M$2.0M$2.5M$21.1M$18.3M$11.4M$6.8M$2.5M$2.8M$3.5M
Stock-based compensation $15.0M$19.9M$23.2M$20.3M$32.9M$25.2M$22.6M$12.5M$9.7M$7.3M
Capital expenditure $2.2M$2.1M$2.1M$214.0K$3.9M$7.8M$6.6M$4.5M$1.9M$1.9M
Investing cash flow $25.4M-$48.4M-$15.9M$25.9M-$12.6M-$73.3M-$16.9M-$25.8M-$5.1M-$3.7M
Financing cash flow $34.3M-$9.7M-$6.2M$63.8M$213.2M$201.2M$102.1M$1.9M-$870.0K-$1.3M
Buybacks $0

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001333493-26-000020.

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