Omada Health (OMDA) Operating Expenses (2024 - 2026)
Omada Health (OMDA) reported Operating Expenses of $60.24 million for Q2 2026, up 34.9% from $44.65 million a year earlier and up 12.6% from the prior quarter.
Omada Health (OMDA) Operating Expenses (2024 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Omada Health's Operating Expenses came in at $211.68 million, up 31.3% year-over-year; for FY2025, it was $182.91 million, up 24.8% from FY2024.
- By year, Operating Expenses came in at $146.53 million in FY2024 (+7.8%) and $135.97 million in FY2023.
- The Q2 2026 figure ranks as the highest quarterly Operating Expenses in data going back to Q2 2024.
- Year over year, Operating Expenses has now increased in each of the last five quarters, with growth averaging 30.5% over the last five quarters.
- Per Business Quant data, the three quarters before Q2 2026 came in at $53.47 million (Q1 2026), $50.38 million (Q4 2025) and $47.58 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 101.23 Bn | 97.24 Bn | - | 17.74 Bn |
| 2 | Natera | 59.70 Bn | 55.38 Bn | 485.19 Mn | 828.54 Mn |
| 3 | Quest Diagnostics | 26.55 Bn | 24.68 Bn | 1.03 Bn | 2.58 Bn |
| 4 | Labcorp Holdings | 26.37 Bn | 24.12 Bn | 1.11 Bn | 582.30 Mn |
| 5 | Tenet Healthcare | 22.60 Bn | 11.60 Bn | - | - |
| 6 | Guardant Health | 22.60 Bn | 18.66 Bn | 219.03 Mn | 464.10 Mn |
| 7 | BrightSpring Health Services | 12.93 Bn | 11.26 Bn | 492.75 Mn | 362.36 Mn |
| 8 | Fresenius Medical Care AG | 12.51 Bn | 4.47 Bn | 1.52 Bn | 901.58 Mn |
| 9 | Tempus AI | 12.12 Bn | 9.15 Bn | 246.50 Mn | 458.40 Mn |
| 10 | Omada Health | 1.16 Bn | 309.12 Mn | 63.79 Mn | 60.24 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 60.24 Mn |
| Mar 31, 2026 | 53.47 Mn |
| Dec 31, 2025 | 50.38 Mn |
| Sep 30, 2025 | 47.58 Mn |
| Jun 30, 2025 | 44.65 Mn |
| Mar 31, 2025 | 40.30 Mn |
| Dec 31, 2024 | 39.23 Mn |
| Sep 30, 2024 | 37.09 Mn |
| Jun 30, 2024 | 34.87 Mn |
Omada Health Operating Expenses 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=operating-expenses&ticker=OMDA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=OMDA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();