eHealth delivered a strong first quarter, with total revenue increasing by 22% year-over-year, driven by significant Medicare segment growth and positive net adjustment revenue. The company also saw substantial improvements in net income and adjusted EBITDA, alongside strong operating cash flow.
Total revenue increased 22% year-over-year to $113.1 million.
Medicare Advantage submissions grew 25% year-over-year.
GAAP net income significantly improved to $2.0 million from a $17.0 million loss in Q1 2024.
Adjusted EBITDA improved to $12.5 million from $(1.7) million in Q1 2024.
eHealth reiterated its full-year 2025 guidance, expecting total revenue between $510.0 million and $550.0 million, GAAP net income (loss) between $(10.0) million and $15.0 million, adjusted EBITDA between $35.0 million and $60.0 million, and operating cash flow between $(25.0) million and $10.0 million.
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