Filing Flows › Omada Health (OMDA) › Q3 2025
Omada Health (OMDA) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 7, 2025
Omada Health (OMDA) reported revenue of $68.0M for the third quarter 2025 (Q3 2025), +49% from a year earlier and +11% from the quarter before. Operating margin was -3.7%, net loss $3.2M (4.7% of revenue).
Omada Health, Q3 2025: revenue $68.0M (+50% year over year), operating margin -3.7%, net loss $3.2M, operating cash flow $10.1M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $68.0M | +11% | +49% |
| Operating profit | −$2.5M | — | — |
| Net earnings | −$3.2M | — | — |
| Operating cash flow | $10.1M | +255% | +860% |
| Free cash flow | $9.6M | +271% | +879% |
What changed
Revenue was $68.0M in Q3 2025, up 49% year over year and up 11% from the previous quarter. Services was the largest line at 93% of revenue. Services added $20.8M year over year (up 50%), 93% of the total change.
Gross margin was 66.3%, up 3.5 points from a year earlier. Operating costs exceeded revenue by $2.5M, an operating margin of -3.7%. Operating expenses grew 28% against revenue growth of 49%. The fastest-growing cost line was General & admin (+35%). The quarter ended with a net loss of $3.2M, narrower than the previous quarter's $5.3M loss.
Operating cash flow was $10.1M (up 860% year over year). Non-cash charges added back $1.4M of depreciation and amortization and $3.5M of share-based compensation. Working capital and other items added $8.4M. Capital expenditures of $537K left free cash flow of $9.6M.
Questions
What was Omada Health's revenue in the third quarter 2025?
Omada Health (OMDA) reported revenue of $68.0M for the third quarter 2025 (Q3 2025), +49% from a year earlier and +11% from the quarter before.
Was Omada Health profitable in the third quarter 2025?
Operating loss was $2.5M (-3.7% of revenue) and net loss $3.2M.
Source: Omada Health 10-Q on SEC EDGAR.