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Health In Tech, Inc. Class A (HIT)
NASDAQ:HIT
Earnings Data
Report Date
Mar 23, 2026TBA Not Confirmed
Period Ending
2025 (Q4)Consensus EPS Forecast
0Last Year’s EPS
>-0.01Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Apr 14, 2025
|% Change Since: 1.45%
|Next Earnings Date:Mar 23, 2026
Earnings Call Sentiment|Positive
The earnings call indicates a strong start to the year with significant revenue and pre-tax income growth, expansion in enrolled employees and active brokers, and strategic enhancements in technology and partnerships. However, there are concerns regarding increased operating expenses and a decline in R&D spending.Company Guidance
During the first quarter of 2025, Health in Tech reported strong financial results, achieving $8 million in revenue, reflecting a 56% year-over-year growth. The company generated $0.7 million in income before income tax, marking a 257% increase from the previous year. The number of enrolled employees on their platforms increased to 24,307 from 20,802 in Q1 2024, indicating growing demand for their self-funded healthcare solutions. The company highlighted advancements in their AI-backed underwriting capabilities within the eDIYBS platform, targeting mid-to-large-sized businesses with over 150 employees. They plan a full-scale rollout in Q3, which is expected to expand their market reach. Collaborations with DialCare were announced, integrating telehealth services into Health in Tech's offerings. The broker network on their platform also grew significantly, reaching 459 active brokers from 192 the previous year. Financial metrics such as gross profit of $5.3 million, a gross margin of 66.8%, and adjusted EBITDA of $1.2 million underscore the company's scalable model. Operating expenses were $4.9 million, with a significant portion attributed to public company costs and share-based compensation. The company maintains a solid balance sheet with $7.6 million in cash and cash equivalents. Looking ahead, they anticipate continued growth driven by innovative programs and enhanced platform capabilities.Record Revenue Growth
Achieved $8 million in revenue, reflecting a 56% year-over-year growth.
Significant Increase in Pre-Tax Income
Generated $0.7 million in pre-tax income, a 257% increase compared to the same period last year.
Expansion of Enrolled Employees
Enrolled employees rose to 24,307, up from 20,802 in Q1 2024, marking a 17% increase.
Introduction of AI-backed Underwriting Capabilities
Beta development of AI-backed underwriting for large employers shows strong interest; full rollout expected in Q3.
Strategic Collaboration with DialCare
Integrated DialCare's telehealth services into offerings, enhancing healthcare access.
Doubling of Active Brokers
Active brokers on the platform reached 459, more than doubling from 192 in the same period last year.
Strong Gross Profit and Margins
Gross profit reached $5.3 million with a gross margin of 66.8%.
Improved Operating Leverage
Operating expenses as a percentage of revenue decreased to 61% from 74% year-over-year.
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HIT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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HIT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Apr 14, 2025 | $0.69 | $0.70 | +1.45% |
| Mar 17, 2025 | $0.83 | $0.68 | -18.07% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Health In Tech, Inc. Class A (HIT) report earnings?
Health In Tech, Inc. Class A (HIT) is schdueled to report earning on Mar 23, 2026, TBA Not Confirmed.
What is Health In Tech, Inc. Class A (HIT) earnings time?
Health In Tech, Inc. Class A (HIT) earnings time is at Mar 23, 2026, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is HIT EPS forecast?
HIT EPS forecast for the fiscal quarter 2025 (Q4) is 0.
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