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Health In Tech (HIT) investor relations material
Health In Tech Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary10 Nov, 2025
Executive summary
Q3 2025 revenue was $8.5M, up 90% year-over-year; nine-month revenue reached $25.8M, surpassing 2024’s full-year total and representing 132% of last year's revenue.
Adjusted EBITDA for Q3 was $1.0M, up 49% year-over-year; nine-month adjusted EBITDA totaled $3.8M, 167% of 2024’s total.
Net income for Q3 was $452K, with nine-month net income at $1.58M; pre-tax income for nine months was $2.1M, 2.4x 2024’s full-year figure.
Expanded distribution to 849 partners and 910 business clients, with billed-enrolled employees rising to 25,248, up 7,654 year-over-year.
Launched large employer underwriting on eDIBS/eDIYBS, enabling bindable quotes for groups of 150+ employees in two weeks.
Financial highlights
Gross margin for Q3 was 60.6%, down from 78.0% in Q3 2024; nine-month gross margin was 65.1%, down from 79.8%.
Cash and cash equivalents as of September 30, 2025, were $8.0M; accounts receivable was $0.87M.
Operating expenses for Q3 were $4.65M, including $962,567 in sales and marketing, $3.45M in G&A, and $235,819 in R&D.
Cost of revenues increased to $9.0M (34.9% of revenue) for nine months, up from $2.9M (20.2% of revenue) in 2024.
Total liabilities increased to $5.6M, and stockholders' equity rose to $17.2M as of September 30, 2025.
Outlook and guidance
Q4 revenue growth expected at ~50% year-over-year, with full-year 2025 revenue projected at $32–$33M, ~70% year-over-year growth.
Net income growth expected near 90% for 2025.
Plans to launch blockchain-powered HITChain platform with AlphaTON Capital and resume HI Card development in late 2025 or early 2026.
Focus on automation, operational efficiency, and scaling for larger employer groups.
Anticipates continued strong growth into 2026, with major product launches and expanded market activities.
Explain Q3 gross margin decline
HITChain development timeline and funding
How do EEs and partners drive revenue growth
Explain the 3-year rate hold risk management?
HITChain: What are the initial revenue streams?
Davos Summit: Expected impact on market share?
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Next Health In Tech earnings date
Q4 202517 Mar, 2026
Next Health In Tech earnings date
Q4 202517 Mar, 2026
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Frequently asked questions
Health In Tech Inc is a technology company that provides software solutions and services for the health insurance industry. The company specializes in platforms for underwriting, policy administration, claims processing, and data analytics. Its offerings support self-funded health plans, third-party administrators, and insurance brokers by streamlining operations and improving decision-making through automation and digital tools. The company is headquartered in Medina, Ohio, and its shares are listed on the NASDAQ.
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