Omada Health (OMDA) Gross Margin (2024 - 2026)
Omada Health's Gross Margin was 72.62% in Q2 2026, up 6.95 percentage points from 65.68% a year earlier and up 10.23 percentage points from the prior quarter.
Omada Health (OMDA) Gross Margin (2024 - 2026) Analysis & Trends
On a trailing twelve-month basis, Omada Health's Gross Margin was 68.19% through Jun 30, 2026, up 4.85 percentage points year-over-year; for FY2025, it came in at 65.69%, up 5.11 percentage points from FY2024.
- In earlier years, Gross Margin was 60.59% in FY2024 (+3.60 pp) and 56.99% in FY2023.
- The Q2 2026 figure marks the highest quarterly Gross Margin in data going back to Q2 2024.
- Compared with a year earlier, Gross Margin has increased for five straight quarters, with an average year-over-year change of +4.80 percentage points over the last five quarters.
- Per Business Quant data, OMDA's Gross Margin in the three quarters before Q2 2026 was 62.39% (Q1 2026), 70.75% (Q4 2025) and 66.25% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 106.37 Bn | 104.21 Bn | 17.03 Bn | 85.78% |
| 2 | Natera | 45.03 Bn | 40.66 Bn | 513.47 Mn | 64.67% |
| 3 | Labcorp Holdings | 30.12 Bn | 28.22 Bn | 1.11 Bn | 29.08% |
| 4 | Quest Diagnostics | 28.44 Bn | 26.52 Bn | 1.04 Bn | 33.65% |
| 5 | Guardant Health | 20.93 Bn | 16.54 Bn | 236.15 Mn | 65.42% |
| 6 | BrightSpring Health Services | 14.41 Bn | 11.29 Bn | 518.55 Mn | 12.31% |
| 7 | Tempus AI | 14.27 Bn | 11.42 Bn | 266.70 Mn | 64.81% |
| 8 | Encompass Health | 13.98 Bn | 14.44 Bn | 1.54 Bn | 95.96% |
| 9 | Davita | 11.35 Bn | 10.22 Bn | 1.13 Bn | 31.50% |
| 10 | Omada Health | 933.66 Mn | 34.71 Mn | 69.28 Mn | 75.88% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 75.88% |
| Jun 30, 2026 | 72.62% |
| Mar 31, 2026 | 62.39% |
| Dec 31, 2025 | 70.75% |
| Sep 30, 2025 | 66.25% |
| Jun 30, 2025 | 65.68% |
| Mar 31, 2025 | 58.04% |
| Dec 31, 2024 | 66.97% |
| Sep 30, 2024 | 62.75% |
| Jun 30, 2024 | 60.26% |
Omada Health Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=OMDA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "OMDA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=OMDA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();