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Dec 31, 2024
GoHealth Q4 2024 Earnings Report
Reported strong fourth quarter and fiscal year results, driven by a successful annual enrollment period.
Key Takeaways
GoHealth, Inc. reported a strong fourth quarter with net revenues of $389.1 million, a 41% increase compared to the prior year period. Net income was $58.0 million, a substantial improvement compared to the prior year period, and Adjusted EBITDA surged to $117.8 million, a significant 107% increase compared to the prior year period.
Achieved net revenues of $389.1 million, a substantial 41% increase compared to the prior year period.
Submissions grew to 481,445, representing a 67% increase compared to the prior year period.
Net income of $58.0 million, a substantial improvement of $60.3 million compared to the prior year period.
Adjusted EBITDA surged to $117.8 million, a significant 107% increase compared to the prior year period.
GoHealth
GoHealth
Forward Guidance
As we begin 2025, we are optimistic that the favorable market dynamics we experienced will persist through at least the first three quarters with cautious optimism for similar favorable dynamics for the fourth quarter, enabling us to build on this solid financial foundation.