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GoHealth Reports First Quarter 2025 Results
CHICAGO, May 13, 2025 (GLOBE NEWSWIRE) -- GoHealth, Inc. (NASDAQ: GOCO) (“GoHealth”...
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[{"type":"text","content":"GoHealth Reports First Quarter 2025 Results \n\n\n\n CHICAGO, May 13, 2025 (GLOBE NEWSWIRE) -- GoHealth, Inc. (NASDAQ: GOCO) (“GoHealth” or the “Company”), a leading health insurance marketplace and Medicare-focused digital health company, today announced financial results for the three months ended March 31, 2025.\n \n\n\n\n First Quarter Highlights\n \n\n\n\n\n First quarter 2025 net revenues of $221.0 million, a 19.1% increase compared to $185.6 million in the prior year period.\n \n\n First quarter 2025 net loss of $9.8 million, a 54.2% improvement compared to a net loss of $21.3 million in the prior year period.\n \n\n First quarter 2025 Adjusted EBITDA\n \n 1\n \n of $42.1 million, a 56.4% increase compared to $26.9 million in the prior year period.\n \n\n First quarter 2025 Submissions\n \n 2\n \n were 303,026, a 40.2% increase compared to 216,148 Submissions in the prior year period, primarily driven by strong contributions from GoHealth’s internal captive agents.\n \n\n First quarter 2025 Direct Operating Cost per Submission\n \n 3\n \n was $522, an 18.4% improvement compared to $640 in the prior year period.\n \n\n Launched GoHealth Protect, a suite of products offered to cover unexpected life events, with the expansion into guaranteed acceptance life insurance as the inaugural product.\n \n\n\n \"Our achievements in the first quarter demonstrate substantial progress in key financial metrics, including revenue, Adjusted EBITDA, margin enhancement, and capital efficiency,\" said Vijay Kotte, CEO of GoHealth. \"We are continuously refining our platform, tools, product offerings and technology to provide consumers with a more personalized and higher-quality experience as they navigate complex coverage options. We believe these investments are not only elevating the consumer journey but also driving better outcomes across our business. With the recent launch of GoHealth Protect, we are diversifying our product offerings with a curated marketplace of coverage options. By expanding into guaranteed acceptance life insurance, we seek to extend the value of customer relationships, bolster unit economics, and further our mission of delivering peace of mind to consumers.”\n \n\n “We delivered strong year-over-year growth, reduced customer acquisition costs, and improved operating l...