CareCloud reported its most profitable quarter to date for the three months ended Sept. 30, 2026, with record GAAP net income, earnings per share and adjusted EBITDA. Revenue also grew year over year.
For the first nine months of 2026, revenue was higher than a year earlier, but GAAP net income was lower. Net income attributable to common shareholders and earnings per share both increased over that period.
Key details
- Third-quarter revenue: $33.7 million, up 9% from $31.1 million in the same quarter of 2025.
- Record GAAP net income: $4.7 million, a 54% increase from $3.1 million a year earlier.
- Record net income attributable to common shareholders: $4.2 million, compared with $1.7 million in the third quarter of 2025, up 147%.
- Record GAAP earnings per share: $0.10, up from $0.04 a year earlier.
- Record adjusted EBITDA: $9.9 million, up 28% from $7.7 million. Adjusted EBITDA is a non-GAAP measure.
- Nine-month revenue: $96.9 million, up 13% from $86.1 million in the first nine months of 2025.
- Nine-month GAAP net income: $6.8 million, compared with $7.9 million a year earlier.
- Nine-month net income attributable to common shareholders: $3.9 million, up from $2.4 million.
- Nine-month GAAP earnings per share: $0.09, compared with $0.07 in the same period last year.
- CareCloud also provided slides to accompany its earnings call.
What changed
The third-quarter figures show higher revenue alongside substantially stronger profitability than a year earlier. Across the first nine months, however, GAAP net income remained below the prior-year level even as revenue, earnings attributable to common shareholders and per-share earnings rose.