Revenue: As of FY2026 Q2, the actual value is USD 31.88 M, beating the estimate of USD 31.85 M.

EPS: As of FY2026 Q2, the actual value is USD 0.

EBIT: As of FY2026 Q2, the actual value is USD 2.604 M.

Second Quarter 2026 Financial Highlights

• GAAP Net Income: CareCloud, Inc. reported GAAP net income of $1.1 million in Q2 2026, compared to $2.9 million in Q2 2025.
• Adjusted EBITDA: Adjusted EBITDA for Q2 2026 was $5.9 million, down from $6.5 million in Q2 2025.

Year-to-Date 2026 Financial Highlights (Six Months Ended June 30)

• GAAP Net Income: GAAP net income for the period was $2.0 million, compared to $4.9 million in the prior year period.
• Adjusted EBITDA: Adjusted EBITDA was $11.3 million for the six months ended June 30, 2026, compared to $12.1 million in the same period last year.

Detailed Operating Metrics (Three Months Ended June 30)

• Operating Expenses:
  • Direct operating costs were $17,457 thousand in 2026, compared to $14,480 thousand in 2025.
  • Selling and marketing expenses were $1,300 thousand in 2026, compared to $1,118 thousand in 2025.
  • General and administrative expenses were $5,370 thousand in 2026, compared to $4,358 thousand in 2025.
  • Research and development expenses were $2,194 thousand in 2026, compared to $1,020 thousand in 2025.
  • Change in contingent consideration was -$34 thousand in 2026, compared to $0 in 2025.
  • Depreciation and amortization totaled $3,731 thousand in 2026, compared to $3,382 thousand in 2025.
  • Restructuring costs were $0 in 2026, compared to $23 thousand in 2025.
  • Total operating expenses were $30,018 thousand in 2026, compared to $24,381 thousand in 2025.
• Operating Income: Operating income was $1,862 thousand in 2026, down from $2,996 thousand in 2025.
• GAAP Operating Margin: GAAP operating margin was 5.8% in 2026, down from 10.9% in 2025.
• Non-GAAP Adjusted Operating Income: Non-GAAP adjusted operating income was $3,003 thousand in 2026, down from $3,334 thousand in 2025.
• Non-GAAP Adjusted Operating Margin: Non-GAAP adjusted operating margin was 9.4% in 2026, down from 12.2% in 2025.
• Interest Income: Interest income was $73 thousand in 2026, up from $51 thousand in 2025.
• Interest Expense: Interest expense was -$815 thousand in 2026, significantly higher than -$68 thousand in 2025.
• Income Tax Provision: Income tax provision was $102 thousand in 2026, up from $42 thousand in 2025.
• Net Income (Loss) Attributable to Common Shareholders: Net income attributable to common shareholders was $181 thousand in 2026, down from $1,537 thousand in 2025.

Detailed Operating Metrics (Six Months Ended June 30)

• Operating Expenses:
  • Direct operating costs were $34,307 thousand in 2026, compared to $29,944 thousand in 2025.
  • Selling and marketing expenses were $2,714 thousand in 2026, compared to $2,249 thousand in 2025.
  • General and administrative expenses were $10,866 thousand in 2026, compared to $8,690 thousand in 2025.
  • Research and development expenses were $4,610 thousand in 2026, compared to $2,255 thousand in 2025.
  • Change in contingent consideration was $23 thousand in 2026, compared to $0 in 2025.
  • Depreciation and amortization totaled $7,768 thousand in 2026, compared to $6,719 thousand in 2025.
  • Restructuring costs were $0 in 2026, compared to $137 thousand in 2025.
  • Total operating expenses were $60,288 thousand in 2026, compared to $49,994 thousand in 2025.
• Operating Income: Operating income was $2,862 thousand in 2026, down from $5,015 thousand in 2025.
• GAAP Operating Margin: GAAP operating margin was 4.5% in 2026, down from 9.1% in 2025.
• Non-GAAP Adjusted Operating Income: Non-GAAP adjusted operating income was $5,210 thousand in 2026, down from $5,676 thousand in 2025.
• Non-GAAP Adjusted Operating Margin: Non-GAAP adjusted operating margin was 8.3% in 2026, down from 10.3% in 2025.
• Interest Income: Interest income was $83 thousand in 2026, down from $93 thousand in 2025.
• Interest Expense: Interest expense was -$873 thousand in 2026, significantly higher than -$126 thousand in 2025.
• Income Tax Provision: Income tax provision was $154 thousand in 2026, up from $83 thousand in 2025.
• Net Income (Loss) Attributable to Common Shareholders: Net income attributable to common shareholders was -$262 thousand in 2026, down from $674 thousand in 2025.

Cash Flow (Six Months Ended June 30)

• Net Cash Provided by Operating Activities: Net cash provided by operating activities was $10,684 thousand in 2026, decreased from $12,521 thousand in 2025.
• Free Cash Flow: Free cash flow was $8,127 thousand in 2026, decreased from $9,058 thousand in 2025.
• Net Cash Used in Investing Activities: Net cash used in investing activities was -$3,238 thousand in 2026, compared to -$3,503 thousand in 2025.
• Net Cash Provided by (Used in) Financing Activities: Net cash provided by (used in) financing activities was $2,324 thousand in 2026, a significant change from -$3,694 thousand in 2025.
• Cash and Restricted Cash - End of the period: Cash and restricted cash at the end of the period was $13,395 thousand in 2026, up from $10,440 thousand in 2025.

Key Operational Achievements

CareCloud, Inc. achieved its ninth consecutive quarter of positive GAAP net income. The company expanded its product portfolio by acquiring Empower Healthcare & Compliance Partners, entering the compliance and audit-defense market. CareCloud, Inc. also completed the redemption of all outstanding Series B Preferred Stock on May 15, 2026.

2026 Outlook

CareCloud, Inc. reaffirmed its full-year guidance for calendar year 2026. The company expects revenue to be between $128 million and $132 million. Adjusted EBITDA is projected to range from $29 million to $31 million, and GAAP Net Income Per Share (EPS) is guided to be between $0.20 and $0.23.