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Omada Health, Inc.: Business Overview, Financials & Competitive Analysis

Omada Health, Inc. scores 7/10 on the AskCyborg Cyborg Score (Strong). Growth rate and margin trajectory demonstrate the financial profile of a durable, high-quality growth business with a clear line of sight to the next wave of revenue from new programs and expanded commercial relationships.

What is Omada Health, Inc.'s industry? Omada Health, Inc. (omadahealth.com) operates in Digital Health. AskCyborg classifies Omada Health, Inc. under Digital Health in its company registry.

Omada Health (Nasdaq: OMDA) is reverse engineering the way healthcare is delivered in America, putting the space between doctor visits–where health is won or lost–at the center of care. The company serves 1.02 million...

7/ 10Strong

Cyborg Score thesis

Growth rate and margin trajectory demonstrate the financial profile of a durable, high-quality growth business with a clear line...

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Industry Digital Health
4 named competitors
4 recent developments
11 analyst dimensions
Synthesized from analyst-debate stress-testing across 11 dimensions and hundreds of data points. Methodology →
Cyborg Score recalibrated: September 14, 2026
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What's in This Report
Omada Health, Inc. OverviewStrategic ProfileCompetitive LandscapeIndustry ContextKey facts
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Omada Health, Inc. Overview

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Omada Health (Nasdaq: OMDA) is reverse engineering the way healthcare is delivered in America, putting the space between doctor visits–where health is won or lost–at the center of care. The company serves 1.02 million total members, up 51% year over year, as an integrated, multi-condition cardiometabolic platform operating at scale. The platform addresses chronic conditions that require ongoing support outside of the exam room, like obesity, diabetes, hypertension, cholesterol, and musculoskeletal conditions.

Strategic Profile

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Omada significantly outpaces competitors in monthly global app downloads with downloads approaching 80,000 by January 2026 compared to most competitors hovering around or below 20,000. The company differentiates its offering through multi-condition care, evidence with 30 peer-reviewed publications and four accreditations, compassionate intelligence combining care teams with technology, and scaled diversified go-to-market serving over 2,000 customers. In May 2026, Omada announced it will serve as an independent program administrator in Eli Lilly and Company's Employer Connect program, with GLP-1 Care Track available on the direct-to-employer platform.

Competitive Landscape

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Omada significantly outpaces digital health competitors including Hello Heart, Virta, Vida, Twin, Lark, and Livongo in monthly app downloads. Key competitors compete in chronic disease management, virtual care, and GLP-1/weight management segments. Omada's multi-condition platform and embedded clinical expertise provide differentiation versus single-indication competitors.

Industry Context

Omada Health, Inc. operates in Digital Health.

Key facts

Founded: 2011 · Headquarters: San Francisco, US · Employees: Not disclosed · Revenue: $78M (Q1 2026); FY 2025: $260.2M · Market cap: $942M

What the analysts stress-tested

The top findings that survived the multi-agent debate for Omada Health, Inc..

  • In May 2026, Omada joined Optum Rx's Weight Engage portfolio to help employers expand clinically supported access to GLP-1 and other anti-obesity medications through pharmacy benefit managers.
  • Omada raised its full-year 2026 revenue guidance to $322 million to $330 million in May 2026, up from the previous range of $312 million to $322 million.
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Recent developments

Material events tracked by the AskCyborg corpus.

  • May 2026Raised full-year 2026 revenue guidance to $322-$330 million and announced partnership with Eli Lilly's Employer Connect program as independent program administrator
  • May 2026Reported Q1 2026 revenue of $78 million with 42% YoY growth, surpassed one million total members, and achieved positive adjusted EBITDA
  • +2 moreTrack every material event for Omada Health, Inc. as it happens. Explore monitoring →
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Named competitors

Pulled from the analyst-debate framework. Click any competitor to see their Cyborg Score.

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Industry context

Omada Health, Inc. operates in Digital Health. See how the rest of the sector scores on the Cyborg framework.

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The Cyborg Score is recomputed weekly against fresh data. Recent material developments are continuously tracked and surfaced.

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Frequently asked questions

What does Omada Health, Inc. do?+
Omada Health (Nasdaq: OMDA) is reverse engineering the way healthcare is delivered in America, putting the space between doctor visits–where health is won or lost–at the center of care. The company serves 1.02 million...
What is Omada Health, Inc.'s Cyborg Score?+
Omada Health, Inc. has a Cyborg Score of 7/10 (Strong). The score synthesizes business model, financials, leadership, competitive position, technology, marketing, and ESG dimensions across hundreds of data points.
Who are Omada Health, Inc.'s main competitors?+
Named competitors include Hinge Health, Virta, Livongo, GLP-1 Management Services. The full competitive landscape is in the AskCyborg report.
How can I get the full Omada Health, Inc. research report?+
Get the report plus analyst-debate audio at askcyborg.com -- no credit card required for preview access. Pro adds saved-company audio playlists and monitoring.
How current is the Omada Health, Inc. research?+
The Cyborg Score is recalibrated weekly. Recent developments are tracked continuously and surfaced in every report.

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