Health In Tech, Inc. (HIT) Stock

Health In Tech, Inc. (HIT) is a Financials stock trading at $1.00 (as of 2026-09-02), with a market capitalization of $62.53M. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Health In Tech, Inc. (HIT) provides an insurance technology platform with tools for health insurance quoting and program design, including a web-based SaaS quoting system for small to medium employers and pricing and program options such as reference-based pricing and community or association health plans. It also offers solutions for managing medical records and claims and a network of hospital facilities.

Understand Health In Tech, Inc.: how it makes money

Health In Tech operates an insurance technology platform offering group captives, reference-based pricing, and a SaaS quoting tool for small employers, earning program fees and underwriting model charges. The business is pre-scale with negligible revenue, and its 50-state hospital network serves as the pricing backbone for small-business health plans.

Profit hinges on program fees charged per plan placed, not on insurance premiums themselves; the hospital network sets reference prices, and the SaaS quoting layer is where small employers pay.

Revenue by segment (latest quarter)
Program Fee Revenue$0.0B
Underwriting Modeling$0.0B

Business quality (Weak): Weak. The platform has a 49% gross margin but loses 41 cents on every operating dollar, and the revenue base is so small (rounds to 0.0B) that the company cannot yet fund itself from operations.

Bull case

  • Gross margin proves unit economics: A gross margin of 49% indicates the SaaS and network model captures real per-unit value before operating costs, meaning the revenue model works at the unit level even if the company has not yet scaled.

Bear case

  • Operating burn far exceeds revenue: Operating margin of -41% means the company loses more than 40 cents on every dollar of revenue, and with the revenue base rounding to 0.0 billion the absolute cash burn threatens going-concern viability without continued external funding.
  • Reversing gross margin cannot offset losses: Even with a 49% gross margin, the gap to breakeven is extreme: the company must grow revenue several multiples before the -41% operating margin turns positive, and total revenue is already declining 13.5% year over year.
Valuation — source: SEC EDGAR (first-party)
Price$1.00
Market Cap$62.53M
Price / Book3.19
Price / Sales1.90
DCF Value (model)$0.31
DCF Upside vs Price-68.9%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$33.33M
Net Margin3.8%
Revenue Growth (YoY)-13.5%
EPS Growth (YoY)-500.0%
Financial Health — source: SEC EDGAR
Altman Z-Score8.02 (safe)
Valuation vs Sector & Industry
Sector P/E (Financials)14.9
Industry P/E (Insurance)12.1
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderMink Brook Asset Management LLC ($1.17M)
Institutional Holders Tracked10
Company
SectorFinancials
IndustryInsurance
CEOTim Johnson
Employees73
CountryUS
IPO Date2024-12-23

Health In Tech, Inc. earnings call transcripts

  • HIT Q2 FY25 earnings call transcript (reported 2025-07-21) · analysis

All HIT earnings calls

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HIT earnings history · HIT institutional & insider holders · HIT KPIs & operating metrics · HIT financials · HIT investor presentations & press releases · HIT SEC filings · HIT peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-09-02.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.