Omada Health, Inc. (OMDA) Analyst/Investor Day Transcript

SA Transcripts 162.17K Followers Follow Omada Health, Inc. ( OMDA ) Analyst/Investor Day September 10, 2026 1:00 PM EDT Company Participants Steven Cook - Chief Financial Officer Sean Duffy - Co-Founder, CEO & Director Wei-Li Shao - President Britt Buntman Thomas Tsang - Chief Medical Officer Danika Harrison - Chief Product & Growth Officer Jennifer Becker - Chief Care Delivery Operating Officer Conference Call Participants Sarah Acosta Celeste Parker Saket Kalia - Barclays Bank PLC, Research Division David Larsen - BTIG, LLC, Research Division Elizabeth Anderson - Evercore ISI Institutional Equities, Research Division Ryan MacDonald - Needham & Company, LLC, Research Division Richard Close - Canaccord Genuity Corp., Research Division Presentation Steven Cook Chief Financial Officer Good afternoon, everyone, and welcome. Thank you for being here today. Today marks an important milestone for Omada. I was reflecting back, and it was just over a year ago today that we took the business public right here at the Nasdaq with a very high set of expectations of what we intended to accomplish. And now just over a year later, we've exceeded those expectations in many aspects. At this moment in time, we expected to be at 850,000 members. We're now at 1.1 million. We're supposed to be at 66% gross margin. We're now at 70% gross margin and climbing. But what I want you to take away today is that's -- we're not talking about where we've come from, we're talking about where we're going. Today, you're going to hear about the opportunity that lies ahead of us. We're going to hear from our leadership on specific investments and bets that we're making across our commercial organization, across our product organization, across technology and care delivery, and how we're also leveraging AI across our business. You're also going to hear us raise the bar on ourselves. We're going to be issuing new long-term targets across both gross margin and adjusted