CareCloud reported its most profitable quarter on record for the three months ended September 30, 2026, with higher revenue and record quarterly GAAP earnings and adjusted EBITDA. The healthcare technology and revenue-cycle management company also reported higher revenue for the first nine months of the year, although GAAP net income for that period was below the year-earlier level.
Third-quarter results
- Revenue rose 9% year over year to $33.7 million, from $31.1 million.
- GAAP net income reached a record $4.7 million, up 54% from $3.1 million a year earlier.
- Net income attributable to common shareholders was a record $4.2 million, compared with $1.7 million, an increase of 147%.
- GAAP earnings per share were a record $0.10, up from $0.04.
- Adjusted EBITDA was a record $9.9 million, 28% higher than the $7.7 million reported in the third quarter of 2025.
First nine months of 2026
- Revenue increased 13% to $96.9 million, from $86.1 million in the same period last year.
- GAAP net income was $6.8 million, down from $7.9 million.
- Net income attributable to common shareholders rose to $3.9 million, from $2.4 million.
- GAAP earnings per share increased to $0.09, from $0.07.
CareCloud also provided a presentation to accompany its earnings call. The results point to stronger quarterly profitability and year-to-date revenue growth, while the year-to-date figures show that GAAP net income declined even as income attributable to common shareholders and per-share earnings increased.