Omada Health, Inc. (OMDA) Balance Sheet
OMDA balance sheet, 2025
December 31, 2025 · U.S. dollars$305.4M assets = $75.7M liabilities + $229.7M equity
Both columns are drawn to the same scale: what OMDA owns equals what it owes plus shareholders’ equity. Hover a block for its value.
OMDA financial health
Descriptive bands, not a rating. Fiscal 2025.
OMDA balance sheet trends, 2022–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $221.8M2022 | $305.4M2025 | +11.3%/yr | |
| Total liabilities | $66.2M2022 | $75.7M2025 | +4.6%/yr | |
| Shareholders’ equity | $155.6M2022 | $229.7M2025 | +13.9%/yr | |
| Cash & short-term investments | $168.1M2022 | $222.0M2025 | +9.7%/yr | |
| Total debt | $30.8M2022 | $30.2M2024 | −1.0%/yr | |
| Net cash (debt) | $137.3M2022 | $46.2M2024 | −$91.1M | |
| Working capital | $154.0M2022 | $197.2M2025 | +$43.2M | |
| Book value per share | $2.792022 | $3.932025 | +12.1%/yr | |
| Current ratio | 5.462022 | 3.602025 | −1.86 | |
| Debt / equity | 0.202022 | 0.472024 | +0.27 | |
| Shares outstanding | 55.7M2022 | 58.4M2025 | +1.6%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
OMDA assets
OMDA liabilities and equity
OMDA debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
OMDA balance sheet
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Assets | ||||
| Cash & short-term investments | $222.0M | $76.4M | $115.6M | $168.1M |
| Cash & equivalents | $222.0M | $76.4M | $115.6M | $168.1M |
| Short-term investments | — | $476,000 | $30,000 | $52,000 |
| Receivables | $34.6M | $23.9M | $16.4M | $11.7M |
| Inventory | $4.5M | $3.3M | $3.6M | $3.5M |
| Other current assets | $11.8M | $9.5M | $7.2M | $5.2M |
| Total current assets | $272.9M | $113.1M | $142.9M | $188.6M |
| Property, plant & equipment (net) | $7.9M | $6.1M | $5.6M | $6.1M |
| Goodwill & intangible assets | $15.7M | $17.5M | $19.5M | $21.6M |
| Long-term investments | $0 | $0 | $0 | $0 |
| Other non-current assets | $8.9M | $14.3M | $7.1M | $5.6M |
| Total assets | $305.4M | $150.9M | $175.1M | $221.8M |
| Liabilities | ||||
| Accounts payable | $10.3M | $4.2M | $3.6M | $4.1M |
| Short-term debt | — | $415,000 | $787,000 | $648,000 |
| Deferred revenue | $25.1M | $19.5M | $14.9M | $13.4M |
| Total current liabilities | $75.7M | $54.0M | $43.8M | $34.5M |
| Long-term debt | $0 | $29.8M | $29.4M | $28.9M |
| Lease obligations | $0 | $415,000 | $1.2M | $1.9M |
| Other long-term liabilities | $0 | $2.5M | $3.0M | $2.8M |
| Total liabilities | $75.7M | $86.3M | $76.2M | $66.2M |
| Shareholders' equity | ||||
| Common stock & paid-in capital | $58,000 | $8,000 | $7,000 | $21,000 |
| Retained earnings (deficit) | −$456.7M | −$444.0M | −$396.8M | −$329.3M |
| Total shareholders' equity | $229.7M | $64.6M | $98.9M | $155.6M |
| Key figures | ||||
| Total debt | — | $30.2M | $30.6M | $30.8M |
| Net cash (debt) | — | $46.2M | $85.1M | $137.3M |
| Working capital | $197.2M | $59.1M | $99.1M | $154.0M |
| Tangible book value | $214.0M | $47.1M | $79.4M | $134.1M |
| Book value per share | $3.93 | $1.16 | $1.77 | $2.79 |
| Shares outstanding | 58.4M | 55.7M | 55.7M | 55.7M |
| Current ratio | 3.60 | 2.10 | 3.26 | 5.46 |
| Quick ratio | 3.39 | 1.86 | 3.02 | 5.21 |
| Debt / equity | — | 0.47 | 0.31 | 0.20 |
| Equity / assets | 75.2% | 42.8% | 56.5% | 70.2% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Cash & short-term investments | $221.7M | $211.8M | $222.0M | $198.6M | $223.1M | $59.4M |
| Cash & equivalents | $221.7M | $211.8M | $222.0M | $198.6M | $223.1M | $59.4M |
| Receivables | $56.6M | $40.0M | $34.6M | $41.4M | $33.3M | $29.3M |
| Inventory | $4.1M | $3.8M | $4.5M | $3.1M | $3.5M | $3.0M |
| Other current assets | $12.5M | $13.8M | $11.8M | $11.7M | $11.2M | $10.8M |
| Total current assets | $294.9M | $269.4M | $272.9M | $254.9M | $271.1M | $102.6M |
| Property, plant & equipment (net) | $9.1M | $8.5M | $7.9M | $7.5M | $6.5M | $6.3M |
| Goodwill & intangible assets | $14.8M | $15.2M | $15.7M | $16.1M | $16.5M | $17.0M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $9.4M | $9.7M | $8.9M | $8.9M | $8.8M | $15.3M |
| Total assets | $328.2M | $302.8M | $305.4M | $287.5M | $303.0M | $141.2M |
| Liabilities | ||||||
| Accounts payable | $11.8M | $8.1M | $10.3M | $5.3M | $7.4M | $4.8M |
| Short-term debt | — | — | — | — | — | $209,000 |
| Deferred revenue | $27.7M | $29.4M | $25.1M | — | $25.5M | $22.8M |
| Total current liabilities | $75.5M | $68.7M | $75.7M | $70.1M | $58.0M | $49.2M |
| Long-term debt | $0 | $0 | $0 | $0 | $30.0M | $29.9M |
| Lease obligations | — | — | $0 | $0 | $0 | $209,000 |
| Other long-term liabilities | $0 | $0 | $0 | $0 | $803,000 | $3.1M |
| Total liabilities | $75.5M | $68.7M | $75.7M | $70.1M | $88.8M | $82.2M |
| Shareholders' equity | ||||||
| Common stock & paid-in capital | $61,000 | $59,000 | $58,000 | $58,000 | $56,000 | $8,000 |
| Retained earnings (deficit) | −$454.4M | −$459.7M | −$456.7M | −$461.9M | −$458.7M | −$453.4M |
| Total shareholders' equity | $252.7M | $234.1M | $229.7M | $217.3M | $214.2M | $59.0M |
| Key figures | ||||||
| Total debt | — | — | — | — | $30.0M | $30.1M |
| Net cash (debt) | — | — | — | — | $193.2M | $29.3M |
| Working capital | $219.4M | $200.7M | $197.2M | $184.8M | $213.1M | $53.3M |
| Tangible book value | $238.0M | $218.9M | $214.0M | $201.3M | $197.7M | $42.0M |
| Book value per share | $3.95 | $3.97 | $3.93 | $3.77 | $3.74 | $1.06 |
| Shares outstanding | 63.9M | 58.9M | 58.4M | 57.7M | 57.3M | 55.7M |
| Current ratio | 3.91 | 3.92 | 3.60 | 3.64 | 4.68 | 2.08 |
| Quick ratio | 3.69 | 3.67 | 3.39 | 3.42 | 4.42 | 1.80 |
| Debt / equity | — | — | — | — | 0.14 | 0.51 |
| Equity / assets | 77.0% | 77.3% | 75.2% | 75.6% | 70.7% | 41.8% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed March 6, 2026); data from EODHD.
OMDA financial position
At the end of fiscal 2025 (December 31, 2025), Omada Health had total assets of $305.4 million (up 102.4% from a year earlier), total liabilities of $75.7 million and shareholders' equity of $229.7 million. Its current ratio was 3.60. In the latest quarter (ended June 30, 2026) total assets were $328.2 million and equity $252.7 million.
Related: OMDA income statement, OMDA cash flow statement, OMDA key metrics. See the OMDA stock overview for the latest quote and news.
OMDA balance sheet FAQ
What are Omada Health's total assets?
Omada Health reported total assets of $305.4 million at the end of fiscal 2025 (December 31, 2025), compared with $150.9 million a year earlier.
How much cash does Omada Health have?
Omada Health held $222.0 million in cash and short-term investments at the end of fiscal 2025.
What is Omada Health's book value?
Omada Health's shareholders' equity (book value) was $229.7 million at the end of fiscal 2025, or $3.93 per share.
What is Omada Health's current ratio?
Omada Health had current assets of $272.9 million and current liabilities of $75.7 million, a current ratio of 3.60 (it can cover its short-term obligations).
How much goodwill does Omada Health have?
Omada Health carried $15.7 million of goodwill and intangible assets, 5.1% of total assets, at the end of fiscal 2025.