Filing Flows › Health In Tech (HIT) › Q1 2026
Health In Tech (HIT) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 14, 2026
Health In Tech (HIT) reported revenue of $8.8M for the first quarter 2026 (Q1 2026), +9% from a year earlier and +17% from the quarter before. Operating margin was -23.6%, net loss $1.6M (18.1% of revenue).
Health In Tech, Q1 2026: revenue $8.8M (+9% year over year), operating margin -23.6%, net loss $1.6M, operating cash flow −$3.3M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $8.8M | +17% | +9% |
| Operating profit | −$2.1M | — | -402% |
| Net earnings | −$1.6M | — | -419% |
| Operating cash flow | −$3.3M | -836% | -729% |
What changed
Revenue was $8.8M in Q1 2026, up 9% year over year and up 17% from the previous quarter. Self Funded Plan Administration Fees was the largest line at 51% of revenue. Program and Platform Management Fees declined 57%.
Gross margin was 51.4%, down 15.4 points from Q1 2025. Operating costs exceeded revenue by $2.1M, an operating margin of -23.6%. Operating expenses grew 41% against revenue growth of 9%. The quarter ended with a net loss of $1.6M, wider than the previous quarter's $303K loss.
Operating cash flow was −$3.3M. Non-cash charges added back $403K of depreciation and amortization and $367K of share-based compensation. Working capital and other items used $2.5M.
Questions
What was Health In Tech's revenue in the first quarter 2026?
Health In Tech (HIT) reported revenue of $8.8M for the first quarter 2026 (Q1 2026), +9% from a year earlier and +17% from the quarter before.
Was Health In Tech profitable in the first quarter 2026?
Operating loss was $2.1M (-23.6% of revenue) and net loss $1.6M.
Source: Health In Tech 10-Q on SEC EDGAR.