Filing Flows › Omada Health (OMDA) › Q2 2025
Omada Health (OMDA) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 8, 2025
Omada Health (OMDA) reported revenue of $61.4M for the second quarter 2025 (Q2 2025), +49% from a year earlier and +12% from the quarter before. Operating margin was -7.1%, net loss $5.3M (8.7% of revenue).
Omada Health, Q2 2025: revenue $61.4M (+49% year over year), operating margin -7.1%, net loss $5.3M, operating cash flow $2.9M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $61.4M | +12% | +49% |
| Operating profit | −$4.3M | — | — |
| Net earnings | −$5.3M | — | — |
| Operating cash flow | $2.9M | — | — |
| Free cash flow | $2.6M | — | — |
What changed
Revenue was $61.4M in Q2 2025, up 49% year over year and up 12% from the previous quarter. Services was the largest line at 93% of revenue. Services added $18.6M year over year (up 49%), 92% of the total change.
Gross margin was 65.7%, up 5.4 points from a year earlier. Operating costs exceeded revenue by $4.3M, an operating margin of -7.1%. Operating expenses grew 28% against revenue growth of 49%. The fastest-growing cost line was Sales & marketing (+47%). The quarter ended with a net loss of $5.3M, narrower than the previous quarter's $9.4M loss.
Operating cash flow was $2.9M. Non-cash charges added back $1.4M of depreciation and amortization and $2.8M of share-based compensation. Working capital and other items added $4.0M. Capital expenditures of $271K left free cash flow of $2.6M.
Questions
What was Omada Health's revenue in the second quarter 2025?
Omada Health (OMDA) reported revenue of $61.4M for the second quarter 2025 (Q2 2025), +49% from a year earlier and +12% from the quarter before.
Was Omada Health profitable in the second quarter 2025?
Operating loss was $4.3M (-7.1% of revenue) and net loss $5.3M.
Source: Omada Health 10-Q on SEC EDGAR.