NASDAQ : EHTH
eHealth, Inc. — Financial statements
Financials · Insurance Brokers · United States
Last price 0.4921 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 15.76M
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Financial statements
eHealth, Inc. (EHTH) reported revenue of 501.69M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Operating Revenue | 453.89M | 497.95M | 461.65M | 403.92M | 361.25M | 493.12M |
| Other Revenue | 47.80M | 56.05M | 70.76M | 48.95M | 44.11M | 45.08M |
| Revenue | 501.69M | 554.01M | 532.41M | 452.87M | 405.36M | 538.20M |
| Cost of Revenue | 1.77M | 1.65M | 1.99M | |||
| Gross Profit | 501.69M | 554.01M | 532.41M | 451.10M | 403.71M | 536.21M |
| Selling, General & Admin | 389.89M | 433.68M | 445.84M | 421.56M | 408.00M | 530.39M |
| Research & Development | 50.51M | 51.83M | 53.52M | 58.61M | 78.81M | 83.80M |
| Amortization of Goodwill & Intangibles | 536.00K | |||||
| Operating Expenses | 440.40M | 485.51M | 499.36M | 480.17M | 486.81M | 614.73M |
| Operating Income | 61.29M | 68.50M | 33.05M | -29.07M | -83.10M | -78.52M |
| Interest Expense | -13.85M | -10.76M | -11.16M | -10.97M | -7.63M | -845.00K |
| Interest & Investment Income | 3.10M | 3.90M | 7.20M | 8.40M | 2.80M | 200.00K |
| Other Non Operating Income (Expenses) | -1.35M | -902.00K | -300.00K | 1.05M | 1.15M | 1.40M |
| EBT Excluding Unusual Items | 49.19M | 60.74M | 28.79M | -30.59M | -86.77M | -77.77M |
| Merger & Restructuring Charges | -6.13M | -1.14M | -2.00M | -7.51M | -4.88M | |
| Impairment of Goodwill | -40.20M | |||||
| Asset Writedown | -758.00K | -868.00K | -7.48M | -12.10M | -6.14M | |
| Other Unusual Items | 4.10M | |||||
| Pretax Income | 42.30M | 58.73M | 19.31M | -30.59M | -106.39M | -124.89M |
| Income Tax Expense | 15.12M | 18.68M | 9.26M | -2.38M | -17.67M | -20.52M |
| Net Income | 27.18M | 40.04M | 10.06M | -28.21M | -88.72M | -104.38M |
| Preferred Dividends & Other Adjustments | 53.45M | 50.45M | 45.02M | 38.30M | 30.69M | 18.57M |
| Net Income to Common | -26.27M | -10.40M | -34.96M | -66.52M | -119.41M | -122.94M |
| Shares Outstanding (Basic) | 31.11M | 30.48M | 29.34M | 28.02M | 27.36M | 26.78M |
| Shares Outstanding (Diluted) | 31.11M | 30.48M | 29.34M | 28.02M | 27.36M | 26.78M |
| EPS (Basic) | -0.84 | -0.34 | -1.19 | -2.37 | -4.36 | -4.59 |
| EPS (Diluted) | -0.84 | -0.34 | -1.19 | -2.37 | -4.36 | -4.59 |
| Free Cash Flow | -31.45M | -27.59M | -20.46M | -8.78M | -27.08M | -166.49M |
| Free Cash Flow Per Share | -1.01 | -0.91 | -0.70 | -0.31 | -0.99 | -6.22 |
| Gross Margin | 100.00% | 100.00% | 100.00% | 99.61% | 99.59% | 99.63% |
| Operating Margin | 12.22% | 12.36% | 6.21% | -6.42% | -20.50% | -14.59% |
| Profit Margin | -5.24% | -1.88% | -6.57% | -14.69% | -29.46% | -22.84% |
| Free Cash Flow Margin | -6.27% | -4.98% | -3.84% | -1.94% | -6.68% | -30.93% |
| EBITDA | 63.21M | 70.38M | 35.03M | -26.53M | -79.25M | -72.56M |
| EBITDA Margin | 12.60% | 12.70% | 6.58% | -5.86% | -19.55% | -13.48% |
| D&A For EBITDA | 1.92M | 1.88M | 1.98M | 2.54M | 3.85M | 5.97M |
| EBIT | 61.29M | 68.50M | 33.05M | -29.07M | -83.10M | -78.52M |
| EBIT Margin | 12.22% | 12.36% | 6.21% | -6.42% | -20.50% | -14.59% |
| Effective Tax Rate | 35.74% | 31.81% | 47.92% | |||
| Revenue as Reported | 501.69M | 554.01M | 532.41M | 452.87M | 405.36M | 538.20M |
| Advertising Expenses | 153.50M | 164.20M | 148.70M | 169.10M | 240.40M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 69.68M | 73.72M | 39.20M | 115.72M | 144.40M | 81.93M |
| Short-Term Investments | 31.37M | 3.50M | 43.04M | 5.93M | 41.31M | |
| Cash & Short-Term Investments | 101.05M | 77.22M | 82.24M | 121.65M | 144.40M | 123.23M |
| Accounts Receivable | 204.62M | 243.80M | 259.27M | 248.66M | 245.38M | 260.57M |
| Receivables | 204.62M | 243.80M | 259.27M | 248.66M | 245.38M | 260.57M |
| Prepaid Expenses | 2.27M | 4.14M | 3.70M | 3.24M | 9.96M | 19.79M |
| Other Current Assets | 7.81M | 9.18M | 9.26M | 8.80M | 1.34M | 4.00M |
| Total Current Assets | 315.75M | 334.35M | 354.48M | 382.35M | 401.08M | 407.59M |
| Property, Plant & Equipment | 11.02M | 12.96M | 16.52M | 27.63M | 32.02M | 49.48M |
| Other Intangible Assets | 22.30M | 20.70M | 23.60M | 31.30M | 31.30M | |
| Long-Term Accounts Receivable | 804.81M | 886.61M | 757.52M | 673.51M | 641.55M | 653.44M |
| Long-Term Deferred Charges | 400.00K | |||||
| Other Long-Term Assets | 26.45M | 6.24M | 6.21M | 6.25M | 6.66M | 7.09M |
| Total Assets | 1.16B | 1.26B | 1.16B | 1.11B | 1.11B | 1.15B |
| Accounts Payable | 2.95M | 28.32M | 23.45M | 7.20M | 6.73M | 13.75M |
| Accrued Expenses | 17.66M | 57.19M | 60.50M | 61.14M | 44.46M | 52.84M |
| Current Portion of Leases | 6.62M | 7.35M | 7.73M | 7.07M | 6.49M | 5.54M |
| Other Current Liabilities | 4.52M | 6.21M | 4.33M | 3.13M | 2.89M | 3.33M |
| Total Current Liabilities | 31.75M | 99.07M | 96.01M | 78.54M | 60.56M | 75.47M |
| Long-Term Debt | 114.61M | 112.95M | 68.46M | 67.75M | 66.13M | |
| Long-Term Leases | 10.95M | 14.05M | 20.73M | 28.33M | 34.19M | 35.83M |
| Long-Term Deferred Tax Liabilities | 48.57M | 57.22M | 38.87M | 29.69M | 32.36M | 50.80M |
| Other Long-Term Liabilities | 5.07M | 5.52M | 5.42M | 4.95M | 5.13M | 5.09M |
| Total Liabilities | 210.95M | 288.82M | 229.49M | 209.26M | 198.37M | 167.18M |
| Common Stock | 46.00K | 44.00K | 43.00K | 41.00K | 40.00K | 39.00K |
| Additional Paid-In Capital | 752.11M | 761.50M | 773.37M | 798.79M | 777.19M | 755.88M |
| Retained Earnings | -11.59M | 30.12M | 15.25M | 7.28M | 73.80M | 193.21M |
| Treasury Stock | -200.00M | -200.00M | -200.00M | -200.00M | -200.00M | -200.00M |
| Comprehensive Income & Other | 231.00K | -62.00K | -234.00K | -82.00K | -73.00K | 390.00K |
| Total Common Equity | 540.80M | 591.60M | 588.43M | 606.03M | 650.96M | 749.52M |
| Shareholders' Equity | 947.09M | 973.65M | 925.94M | 904.08M | 914.24M | 982.11M |
| Total Liabilities & Equity | 1.16B | 1.26B | 1.16B | 1.11B | 1.11B | 1.15B |
| Total Debt | 132.17M | 134.35M | 96.92M | 103.16M | 106.80M | 41.37M |
| Net Cash (Debt) | -31.12M | -57.13M | -14.68M | 18.50M | 37.60M | 81.86M |
| Net Cash Per Share | -1.00 | -1.87 | -0.50 | 0.66 | 1.37 | 3.06 |
| Filing Date Shares Outstanding | 32.03M | 31.07M | 29.94M | 28.94M | 27.61M | 26.77M |
| Total Common Shares Outstanding | 31.15M | 30.99M | 29.85M | 28.63M | 27.56M | 26.69M |
| Working Capital | 284.00M | 235.28M | 258.46M | 303.81M | 340.52M | 332.12M |
| Book Value Per Share | 17.36 | 19.09 | 19.72 | 21.17 | 23.62 | 28.08 |
| Tangible Book Value | 540.80M | 569.29M | 567.73M | 582.43M | 619.65M | 718.22M |
| Tangible Book Value Per Share | 17.36 | 18.37 | 19.02 | 20.34 | 22.48 | 26.91 |
| Machinery | 10.82M | 10.11M | 11.88M | 12.28M | 20.10M | |
| Leasehold Improvements | 3.45M | 3.40M | 4.12M | 5.99M | 7.46M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 27.18M | 40.04M | 10.06M | -28.21M | -88.72M | -104.38M |
| Depreciation & Amortization | 1.92M | 1.88M | 1.98M | 2.54M | 3.85M | 5.97M |
| Other Amortization | 10.98M | 11.88M | 14.36M | 17.38M | 17.26M | 12.90M |
| Asset Writedown & Restructuring Costs | 758.00K | 868.00K | 7.48M | 12.10M | 46.34M | |
| Stock-Based Compensation | 11.97M | 15.04M | 19.88M | 23.21M | 20.32M | 32.86M |
| Other Operating Activities | 17.89M | 19.81M | 9.61M | -1.97M | -16.35M | -20.06M |
| Change in Accounts Receivable | -90.90M | -113.84M | -94.73M | -34.95M | 26.88M | -119.98M |
| Change in Accounts Payable | -2.73M | 5.01M | 16.17M | 487.00K | -7.03M | -23.05M |
| Change in Unearned Revenue | -1.90M | 966.00K | 1.41M | 1.28M | 175.00K | 20.00K |
| Change in Other Net Operating Assets | -5.63M | -7.00M | -4.59M | 13.55M | 4.66M | 6.75M |
| Operating Cash Flow | -30.45M | -25.34M | -18.37M | -6.69M | -26.87M | -162.62M |
| Capital Expenditures | -1.00M | -2.25M | -2.09M | -2.09M | -214.00K | -3.87M |
| Sale (Purchase) of Intangibles | -10.03M | -13.06M | -10.76M | -8.69M | -15.29M | -16.99M |
| Investment in Securities | 8.67M | 40.74M | -35.56M | -5.11M | 41.37M | 8.23M |
| Investing Cash Flow | -2.35M | 25.43M | -48.42M | -15.89M | 25.86M | -12.63M |
| Long-Term Debt Issued | 122.19M | 64.86M | ||||
| Long-Term Debt Repaid | -70.73M | -4.00K | -38.00K | -136.00K | -150.00K | |
| Net Debt Issued (Repaid) | 51.46M | 51.46M | -4.00K | -38.00K | 64.73M | -150.00K |
| Issuance of Common Stock | 317.00K | 404.00K | 354.00K | 677.00K | 2.21M | 8.70M |
| Repurchase of Common Stock | -821.00K | -2.44M | -3.41M | -3.33M | -3.10M | -9.33M |
| Preferred Dividends Paid | -6.08M | -5.90M | -5.56M | -3.53M | ||
| Dividends Paid | -6.08M | -5.90M | -5.56M | -3.53M | ||
| Other Financing Activities | -9.23M | -9.23M | -1.05M | -10.97M | ||
| Financing Cash Flow | 35.64M | 34.29M | -9.67M | -6.22M | 63.84M | 213.24M |
| Foreign Exchange Rate Adjustments | 466.00K | 153.00K | -64.00K | -19.00K | -355.00K | 64.00K |
| Net Cash Flow | 3.30M | 34.53M | -76.53M | -28.83M | 62.48M | 38.05M |
| Free Cash Flow | -31.45M | -27.59M | -20.46M | -8.78M | -27.08M | -166.49M |
| Free Cash Flow Margin | -6.27% | -4.98% | -3.84% | -1.94% | -6.68% | -30.93% |
| Free Cash Flow Per Share | -1.01 | -0.91 | -0.70 | -0.31 | -0.99 | -6.22 |
| Levered Free Cash Flow | 43.35M | 68.12M | 42.32M | 20.69M | -18.96M | -74.77M |
| Unlevered Free Cash Flow | 52.01M | 74.85M | 49.29M | 27.55M | -14.19M | -74.25M |
| Cash Interest Paid | 8.92M | 8.92M | 9.23M | 9.05M | 5.03M | |
| Cash Income Tax Paid | 390.00K | 390.00K | 441.00K | 327.00K | 529.00K | -103.00K |
| Change in Working Capital | -101.16M | -114.86M | -81.73M | -19.64M | 24.68M | -136.26M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 16.34M | 141.52M | 278.56M | 247.34M | 132.72M | 672.90M |
| Enterprise Value | 47.46M | 529.25M | 586.83M | 480.00M | 326.11M | 713.30M |
| Last Close Price | 0.49 | 4.60 | 9.40 | 8.72 | 4.84 | 25.50 |
| Forward PE | 23.94 | 23.94 | 111.87 | 111.87 | 111.87 | |
| PS Ratio | 0.03 | 0.26 | 0.52 | 0.55 | 0.33 | 1.25 |
| PB Ratio | 0.03 | 0.14 | 0.30 | 0.27 | 0.14 | 0.69 |
| P/TBV Ratio | 0.03 | 0.25 | 0.49 | 0.42 | 0.21 | 0.94 |
| PEG Ratio | 12.72 | 12.72 | 12.72 | 12.72 | 12.72 | |
| EV/Sales Ratio | 0.09 | 0.95 | 1.10 | 1.06 | 0.80 | 1.32 |
| EV/EBITDA Ratio | 0.74 | 7.52 | 16.75 | |||
| EV/EBIT Ratio | 0.77 | 7.73 | 17.76 | |||
| Debt / Equity Ratio | 0.14 | 0.14 | 0.10 | 0.11 | 0.12 | 0.04 |
| Debt / EBITDA Ratio | 2.05 | 1.86 | 2.54 | |||
| Net Debt / Equity Ratio | 0.03 | 0.06 | 0.02 | -0.02 | -0.04 | -0.08 |
| Net Debt / EBITDA Ratio | 0.49 | 0.81 | 0.42 | 0.70 | 0.47 | 1.13 |
| Net Debt / FCF Ratio | -0.99 | -2.07 | -0.72 | 2.11 | 1.39 | 0.49 |
| Asset Turnover | 0.45 | 0.46 | 0.47 | 0.41 | 0.36 | 0.49 |
| Quick Ratio | 9.63 | 3.24 | 3.56 | 4.71 | 6.44 | 5.09 |
| Current Ratio | 9.95 | 3.38 | 3.69 | 4.87 | 6.62 | 5.40 |
| Return on Equity (ROE) | 2.92% | 4.22% | 1.10% | -3.10% | -9.36% | -11.47% |
| Return on Assets (ROA) | 3.42% | 3.54% | 1.82% | -1.63% | -4.59% | -4.48% |
| Return on Invested Capital (ROIC) | 4.00% | 4.74% | 1.88% | -3.30% | -9.35% | -9.29% |
| Return on Capital Employed (ROCE) | 5.40% | 5.90% | 3.10% | -2.80% | -7.90% | -7.30% |
| Earnings Yield | -165.54% | 28.30% | 3.61% | -11.41% | -66.85% | -15.51% |
| FCF Yield | -199.53% | -19.50% | -7.34% | -3.55% | -20.41% | -24.74% |
| Payout Ratio | 14.73% | 55.30% | ||||
| Buyback Yield / Dilution | -4.05% | -3.92% | -4.71% | -2.40% | -2.16% | 0.86% |