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.
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Analysis
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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 94.08 Bn | 93.52 Bn | - | 17.74 Bn |
| 2 | Natera | 59.53 Bn | 55.21 Bn | 485.19 Mn | 828.54 Mn |
| 3 | Quest Diagnostics | 25.60 Bn | 24.03 Bn | 1.03 Bn | 2.58 Bn |
| 4 | Labcorp Holdings | 24.98 Bn | 22.75 Bn | 1.11 Bn | 582.30 Mn |
| 5 | Guardant Health | 23.75 Bn | 19.81 Bn | 219.03 Mn | 464.10 Mn |
| 6 | Tenet Healthcare | 20.75 Bn | 11.90 Bn | - | - |
| 7 | Tempus AI | 14.47 Bn | 11.50 Bn | 246.50 Mn | 458.40 Mn |
| 8 | Encompass Health | 12.19 Bn | 12.65 Bn | - | 1.31 Bn |
| 9 | Davita | 11.20 Bn | 9.97 Bn | 1.16 Bn | 2.98 Bn |
| 10 | Omada Health | 1.17 Bn | 319.80 Mn | 63.79 Mn | 60.24 Mn |
Historic Data
Download Data
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 |
API Access
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_KEYimport 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();