Carecloud Pref Share CCLDO 8.75 Prep 02/15/24 B | 8-K: FY2026 Q1 Revenue: USD 31.27 M

Revenue: As of FY2026 Q1, the actual value is USD 31.27 M.

EPS: As of FY2026 Q1, the actual value is USD -0.01.

EBIT: As of FY2026 Q1, the actual value is USD 1.048 M.

Financial Highlights for Q1 2026

Segment Revenue

Revenue for Q1 2026 was $31.3 million, compared to $27.6 million in Q1 2025, representing a 13% year-over-year growth.

Operational Metrics

GAAP Net Income: CareCloud reported GAAP net income of $922,000 in Q1 2026, a decrease from $1.9 million in Q1 2025.
Adjusted EBITDA: Adjusted EBITDA was $5.4 million in Q1 2026, down from $5.6 million in Q1 2025.
Operating Income: GAAP operating income was $1.0 million in Q1 2026, compared to $2.019 million in Q1 2025.
Operating Margin: GAAP operating margin was 3.2% in Q1 2026, compared to 7.3% in Q1 2025.
Non-GAAP Adjusted Operating Income: Non-GAAP adjusted operating income was $2.207 million in Q1 2026, compared to $2.342 million in Q1 2025.
Non-GAAP Adjusted Operating Margin: Non-GAAP adjusted operating margin was 7.1% in Q1 2026, compared to 8.5% in Q1 2025.
Direct Operating Costs: Direct operating costs were $16.850 million in Q1 2026, up from $15.464 million in Q1 2025.
Selling and Marketing Expenses: Selling and marketing expenses were $1.414 million in Q1 2026, compared to $1.131 million in Q1 2025.
General and Administrative Expenses: General and administrative expenses totaled $5.496 million in Q1 2026, an increase from $4.332 million in Q1 2025.
Research and Development Expenses: Research and development expenses were $2.416 million in Q1 2026, compared to $1.235 million in Q1 2025.
Depreciation and Amortization: Depreciation and amortization expenses were $4.037 million in Q1 2026, up from $3.337 million in Q1 2025.
Total Operating Expenses: Total operating expenses were $30.270 million in Q1 2026, compared to $25.613 million in Q1 2025.

Cash Flow

Net Cash Provided by Operating Activities: Net cash provided by operating activities was $3.611 million in Q1 2026, down from $5.113 million in Q1 2025.
Free Cash Flow: Free cash flow was $2.379 million in Q1 2026, compared to $3.643 million in Q1 2025.

Unique Metrics

Non-GAAP Adjusted Net Income: Non-GAAP adjusted net income was $2.161 million in Q1 2026, compared to $2.290 million in Q1 2025.

Outlook / Guidance (2026 Full Year)

CareCloud reaffirms its guidance for calendar year 2026, expecting revenue between $128 million and $132 million, and Adjusted EBITDA between $29 million and $31 million. The company anticipates margin expansion to resume through 2026, consistent with the full-year guidance, despite a temporary impact on Q1 2026 GAAP net income from elevated amortization and one-time integration costs related to the Medsphere acquisition.

Revenue: As of FY2026 Q1, the actual value is USD 31.27 M.

EPS: As of FY2026 Q1, the actual value is USD -0.01.

EBIT: As of FY2026 Q1, the actual value is USD 1.048 M.

Financial Highlights for Q1 2026

Segment Revenue

Revenue for Q1 2026 was $31.3 million, compared to $27.6 million in Q1 2025, representing a 13% year-over-year growth.

Operational Metrics

GAAP Net Income: CareCloud reported GAAP net income of $922,000 in Q1 2026, a decrease from $1.9 million in Q1 2025.
Adjusted EBITDA: Adjusted EBITDA was $5.4 million in Q1 2026, down from $5.6 million in Q1 2025.
Operating Income: GAAP operating income was $1.0 million in Q1 2026, compared to $2.019 million in Q1 2025.
Operating Margin: GAAP operating margin was 3.2% in Q1 2026, compared to 7.3% in Q1 2025.
Non-GAAP Adjusted Operating Income: Non-GAAP adjusted operating income was $2.207 million in Q1 2026, compared to $2.342 million in Q1 2025.
Non-GAAP Adjusted Operating Margin: Non-GAAP adjusted operating margin was 7.1% in Q1 2026, compared to 8.5% in Q1 2025.
Direct Operating Costs: Direct operating costs were $16.850 million in Q1 2026, up from $15.464 million in Q1 2025.
Selling and Marketing Expenses: Selling and marketing expenses were $1.414 million in Q1 2026, compared to $1.131 million in Q1 2025.
General and Administrative Expenses: General and administrative expenses totaled $5.496 million in Q1 2026, an increase from $4.332 million in Q1 2025.
Research and Development Expenses: Research and development expenses were $2.416 million in Q1 2026, compared to $1.235 million in Q1 2025.
Depreciation and Amortization: Depreciation and amortization expenses were $4.037 million in Q1 2026, up from $3.337 million in Q1 2025.
Total Operating Expenses: Total operating expenses were $30.270 million in Q1 2026, compared to $25.613 million in Q1 2025.

Cash Flow

Net Cash Provided by Operating Activities: Net cash provided by operating activities was $3.611 million in Q1 2026, down from $5.113 million in Q1 2025.
Free Cash Flow: Free cash flow was $2.379 million in Q1 2026, compared to $3.643 million in Q1 2025.

Unique Metrics

Non-GAAP Adjusted Net Income: Non-GAAP adjusted net income was $2.161 million in Q1 2026, compared to $2.290 million in Q1 2025.

Outlook / Guidance (2026 Full Year)

CareCloud reaffirms its guidance for calendar year 2026, expecting revenue between $128 million and $132 million, and Adjusted EBITDA between $29 million and $31 million. The company anticipates margin expansion to resume through 2026, consistent with the full-year guidance, despite a temporary impact on Q1 2026 GAAP net income from elevated amortization and one-time integration costs related to the Medsphere acquisition.