Earnings report 📈 Stocks 🌍 United States

DarioHealth Q3 Revenue Hits $5.3 Million as Operating Losses Narrow by 15%

DarioHealth posted $5.3 million in Q3 revenue, up 6% year-over-year, while cutting operating expenses by 10% and securing a major New Jersey health plan contract covering 1.5 million lives.

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📅 Short-term 🌍 US · Explicit

Q3 2026 revenue of $5.3 million grew 6% year-over-year and 3% sequentially, operating loss fell 15% and operating expenses fell 10% year-over-year, showing the cost-reduction path is working. The company also signed one of New Jersey's largest health plans with 1.5 million covered lives and holds $31.2 million in cash and short-term deposits as of September 30, 2026. Against this, B2B and B2B2C revenue declined on non-renewal of Twill's legacy contracts and gross margin slipped to 59% from 60%, so the improvement is gradual rather than a step change.

Catalysts
  • ▲ Revenue guidance of acceleration at end of 2026 and into 2027 from conversion of $13.1 million contracted and late-stage ARR
  • ▲ New Jersey health plan signed through Amwell channel with 1.5 million covered lives, revenue starting 2027
Risk Factors
  • ▼ B2B and B2B2C revenue decreased versus 2025 due to non-renewal of several of Twill's legacy contracts
  • ▼ GAAP gross margin slipped to 59% from 60% in Q3 2025

🧭 Full analysis of these assets

🎯 Key Takeaways

  • Third quarter 2026 revenue rose 6% year-over-year to $5.3 million.
  • Operating expenses declined 10% year-over-year, while operating loss improved by 15%.
  • Signed a new contract with a major New Jersey health plan covering 1.5 million lives.
  • Cash, cash equivalents, and short-term deposits totaled $31.2 million as of September 30, 2026.
  • Contracted and late-stage ARR reached $13.1 million across more than 180 signed accounts.

📝 Executive Summary

DarioHealth reported third-quarter 2026 revenue of $5.3 million, marking a 6% year-over-year increase. The company successfully reduced operating expenses by 10% and narrowed its operating loss by 15% compared to the same period last year, supported by a $31.2 million cash position as of September 30, 2026.

❓ FAQ

How much money does DarioHealth have left?

Cash, cash equivalents and short-term deposits totaled $31.2 million as of September 30, 2026.

Is the business growing or shrinking?

Total revenue grew 6% year-over-year to $5.3 million and direct-to-consumer sales rose about 48%, but B2B and B2B2C revenue declined because several of Twill's legacy contracts were not renewed. Operating expenses fell 10% and the operating loss narrowed 15% year-over-year.