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Stonegate Capital Partners Updates Coverage on GoHealth Inc. (GOCO) 2025 Q3

By: Newsfile

Dallas, Texas--(Newsfile Corp. - November 17, 2025) - GoHealth Inc. (NASDAQ: GOCO): Stonegate Capital Partners updates their coverage on GoHealth Inc. (NASDAQ: GOCO). GoHealth, Inc. reported a difficult 3Q25 as the Company continued to navigate a materially different Medicare Advantage environment. Net revenues declined to $34.2M from $118.3M a year ago, reflecting an intentional pullback in Medicare Advantage volume, reduced non-agency activity, and a broader industry shift toward margin integrity and renewal stability. Medicare agency and non-agency revenues both declined meaningfully year over year, while other revenue increased as GoHealth Protect and related offerings continued to scale and diversify the top line. Results were further pressured by significant non-cash impairment charges, which weighed on reported margins, even as management focused on preserving liquidity, platform efficiency, and a high-quality member base. As 2025 progresses, management remains focused on retention, quality, and disciplined execution through the current AEP, with an eye toward re-accelerating when market conditions stabilize.

To view the full announcement, including downloadable images, bios, and more, click here.

Key Takeaways:

  • In 3Q25, net revenues were $34.2M, down ~71.0% y/y, reflecting an intentional Medicare Advantage pullback and mix shift.
  • As of quarter end, management highlighted a retention first focus leadership in Special Needs Plans and preserved agent tech and retention ops.
  • Liquidity was $32.1M in cash and strategic flexibility improved with a superpriority term loan and covenant relief.

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About Stonegate
Stonegate Capital Partners is a leading capital markets advisory firm providing investor relations, equity research, and institutional investor outreach services for public companies. Our affiliate, Stonegate Capital Markets (member FINRA) provides a full spectrum of investment banking services for public and private companies.

Contacts:

Stonegate Capital Partners
(214) 987-4121
info@stonegateinc.com

Source: Stonegate, Inc.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/274792

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