EHTH eHealth, Inc.

FY2025 10-K
Filed: Feb 26, 2026
Financials
Insurance Agents, Brokers & ServiceSEC EDGAR

eHealth, Inc. (EHTH) filed its fiscal year 2025 10-K annual report with the SEC on Feb 26, 2026. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.

AI Filing Analysis
FY2025 10-K

Business Overview

  • Core business model: Online health insurance brokerage earning commissions from insurance policy sales as broker of record
  • Enhanced focus this year on refining lifetime value (LTV) commission revenue estimates using cohort and statistical modeling approaches
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Risk Factors

  • Regulatory risk from CMS Medicare marketing compliance potentially causing carrier relationship termination or corrective actions due to complaints or violations
  • Macroeconomic exposure from AI-driven search changes reducing website traffic, increasing member acquisition costs, and harming marketing effectiveness
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Financial Summary
XBRL

Revenue

$554M

Net Income

$40M

Gross Margin

43.5%

Operating Margin

12.0%

Net Margin

7.2%

ROE

6.8%

Total Assets

$1.3B

EPS (Diluted)

$-0.34

Operating Cash Flow

-$25M

Source: XBRL data from eHealth, Inc. FY2025 10-K filing on SEC EDGAR. All figures in USD.

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