Definitive Healthcare (DH) Goodwill (2020 - 2025)
Definitive Healthcare (DH) reported Goodwill of $197.22 million for Q4 2025, down 49.9% from $393.28 million a year earlier and down 9.0% from the prior quarter.
Definitive Healthcare (DH) Goodwill (2020 - 2025) Analysis & Trends
Dating back to Q4 2020, Definitive Healthcare's Goodwill record includes 21 quarters.
- Goodwill has declined for three consecutive years, with a five-year compound annual growth rate of -31.0% (FY2020 to FY2025).
- By year, Goodwill came in at $393.28 million in FY2024 (-63.4%), $1.08 billion in FY2023 (-18.8%), $1.32 billion in FY2022 (+4.9%) and $1.26 billion in FY2021 (unchanged).
- The Q4 2025 figure ranks as the lowest quarterly Goodwill in data going back to Q4 2020.
- Year over year, Goodwill has now declined in each of the last ten quarters, with an average decline of 54.7% over the last eight quarters.
- The high point for year-over-year Goodwill in five years was Q1 2022 (growth of 4.9%); the low point was Q1 2025 (a decline of 80.0%).
- Per Business Quant data, the three quarters before Q4 2025 came in at $216.75 million (Q3 2025), $216.75 million (Q2 2025) and $216.75 million (Q1 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - |
| 2 | Veeva Systems | 45.35 Bn | 17.59 Bn | 695.95 Mn |
| 3 | Samsara | 22.20 Bn | 18.97 Bn | 392.58 Mn |
| 4 | Toast | 17.53 Bn | 10.20 Bn | 516.00 Mn |
| 5 | Ptc | 15.47 Bn | 14.28 Bn | 490.47 Mn |
| 6 | Trimble | 13.41 Bn | 12.48 Bn | 674.90 Mn |
| 7 | Duolingo | 12.56 Bn | 7.73 Bn | 216.74 Mn |
| 8 | Manhattan Associates | 11.77 Bn | 10.77 Bn | 168.33 Mn |
| 9 | Costar | 10.95 Bn | 4.91 Bn | 728.00 Mn |
| 10 | Definitive Healthcare | 98.21 Mn | -587.08 Mn | 40.54 Mn |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 197.22 Mn |
| Sep 30, 2025 | 216.75 Mn |
| Jun 30, 2025 | 216.75 Mn |
| Mar 31, 2025 | 216.75 Mn |
| Dec 31, 2024 | 393.28 Mn |
| Sep 30, 2024 | 490.34 Mn |
| Jun 30, 2024 | 718.50 Mn |
| Mar 31, 2024 | 1.08 Bn |
| Dec 31, 2023 | 1.08 Bn |
| Sep 30, 2023 | 1.07 Bn |
| Jun 30, 2023 | 1.32 Bn |
| Mar 31, 2023 | 1.32 Bn |
| Dec 31, 2022 | 1.32 Bn |
| Sep 30, 2022 | 1.32 Bn |
| Jun 30, 2022 | 1.32 Bn |
| Mar 31, 2022 | 1.33 Bn |
| Dec 31, 2021 | 1.26 Bn |
| Sep 30, 2021 | 1.26 Bn |
| Jun 30, 2021 | 1.26 Bn |
| Mar 31, 2021 | 1.26 Bn |
Definitive Healthcare Goodwill API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=goodwill&ticker=DH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "goodwill", "ticker": "DH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=goodwill&ticker=DH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();