)
Edge28 Nov 2025
Keeping the Streak Alive: The Story of Duolingo
How Duolingo made language learning addictive, scaled to millions of users, and built a powerful subscription business around everyday practice.
eHealth (EHTH) investor relations material
eHealth Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary5 Nov, 2025
Executive summary
Leadership transition with Derrick Duke appointed CEO in September 2025, focusing on AEP execution, long-term strategy, and scaling the core Medicare Advantage business amid regulatory changes impacting enrollment periods.
Company is leveraging strong carrier relationships, a trusted brand, and an omnichannel platform to navigate a disruptive Medicare market, with continued investment in technology, branding, and AI capabilities.
AEP performance is tracking in line with expectations, with strong consumer demand, improved marketing efficiency, and benefit advisor hiring and training targets met.
Diversification efforts are yielding growth in year-round products like hospital indemnity and MedSup, while Employer and Individual segment saw continued enrollment declines due to market conditions and reduced marketing spend.
Announced Q3 2025 financial results and hosted a webcast to discuss performance and business updates, reaffirming its position as a leading online health insurance marketplace.
Financial highlights
Q3 2025 total revenue was $53.9 million, down 8% year-over-year, mainly due to lower Medicare Advantage approved members from regulatory changes, partially offset by $12.1 million in positive net adjustment (TEL) revenue.
GAAP net loss improved to $31.7 million from $42.5 million; adjusted EBITDA loss improved to $34 million from $34.8 million.
Net loss attributable to common stockholders was $44.6 million for Q3 2025, compared to $53.9 million in Q3 2024.
Operating cash flow was negative $25.3 million, an improvement from negative $29.3 million last year.
Ended Q3 with $75.3 million in cash, cash equivalents, and marketable securities; commissions receivable balance was $907.7 million.
Outlook and guidance
2025 total revenue expected between $525 million and $565 million.
GAAP net income guidance raised to $9 million–$30 million (prior: $5 million–$26 million); adjusted EBITDA guidance raised to $60 million–$80 million (prior: $55 million–$75 million).
Operating cash flow expected between -$25 million and +$10 million.
Positive net adjustment (TEL) revenue guidance increased to $40 million–$43 million.
Management expects continued seasonality and regulatory impacts on enrollment and revenue patterns.
Outline key pillars of refreshed 3-year strategy
Plans to leverage $907.7M receivable asset?
Quantify retention impact on LTV
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next eHealth earnings date
Q4 202525 Feb, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
eHealth, Inc. is a leading private online health insurance exchange where individuals, families and small businesses can compare health insurance products from leading insurers side by side and purchase and enroll in coverage online through its websites, eHealthInsurance.com, GoHealthInsurance.com and PlanPrescriber.com.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage