Definitive Healthcare (DH) Invested Capital (2020 - 2026)
Definitive Healthcare's (DH) quarterly Invested Capital came in at $348.5 million in Q2 2026, down 39.94% on a YoY basis from $580.3 million in Q2 2025, and down 1.4% quarter-over-quarter from $353.4 million in Q1 2026.
Analysis
Definitive Healthcare (DH) Invested Capital (2020 - 2026) Analysis & Trends
Definitive Healthcare (DH) has reported Invested Capital for 7 consecutive years, with $348.5 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Invested Capital fell 39.94% year-over-year to $348.5 million; the trailing twelve-month figure through Jun 2026 stood at $348.5 million (down 39.94% YoY), and the FY2025 full-year result was $543.8 million, down 36.04% from the prior year.
- Invested Capital fell to $348.5 million in Q2 2026 per DH's latest filing, from $353.4 million in the prior quarter.
- Across five years, Invested Capital topped out at $1.8 billion in Q1 2022 and bottomed at $348.5 million in Q2 2026.
- Historically, Invested Capital has averaged $1.2 billion across 5 years, with a median of $1.3 billion in 2024.
- The sharpest annual moves came in 2022 and 2025: Invested Capital rose 12.03% in 2022, then tumbled 58.08% in 2025.
- Over 5 years, Invested Capital stood at $1.7 billion in 2022, then slipped by 16.65% to $1.5 billion in 2023, then tumbled by 41.58% to $850.3 million in 2024, then tumbled by 36.04% to $543.8 million in 2025, then sank by 35.92% to $348.5 million in 2026.
- According to Business Quant data, Invested Capital over the past three periods registered $348.5 million, $353.4 million, and $543.8 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 44.53 Bn | 37.29 Bn | 695.95 Mn | - |
| 2 | Waystar Holding | 4.81 Bn | 4.62 Bn | 221.99 Mn | 5.45 Bn |
| 3 | Doximity | 4.74 Bn | 4.05 Bn | 132.93 Mn | - |
| 4 | CCC Intelligent Solutions Holdings | 4.41 Bn | 4.30 Bn | 210.64 Mn | 3.07 Bn |
| 5 | EverCommerce | 1.40 Bn | 1.27 Bn | 119.50 Mn | 1.24 Bn |
| 6 | Schrodinger | 1.32 Bn | 904.47 Mn | 32.43 Mn | - |
| 7 | Certara | 1.21 Bn | 1.03 Bn | 58.15 Mn | 1.26 Bn |
| 8 | GoodRx Holdings | 1.18 Bn | 887.53 Mn | 179.41 Mn | 1.13 Bn |
| 9 | Healthstream | 853.81 Mn | 787.08 Mn | 54.72 Mn | - |
| 10 | Definitive Healthcare | 112.08 Mn | -28.30 Mn | 40.54 Mn | 348.50 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 348.50 Mn |
| Mar 31, 2026 | 353.43 Mn |
| Dec 31, 2025 | 543.83 Mn |
| Sep 30, 2025 | 556.61 Mn |
| Jun 30, 2025 | 580.27 Mn |
| Mar 31, 2025 | 607.04 Mn |
| Dec 31, 2024 | 850.31 Mn |
| Sep 30, 2024 | 941.98 Mn |
| Jun 30, 2024 | 1.14 Bn |
| Mar 31, 2024 | 1.45 Bn |
| Dec 31, 2023 | 1.46 Bn |
| Sep 30, 2023 | 1.46 Bn |
| Jun 30, 2023 | 1.72 Bn |
| Mar 31, 2023 | 1.73 Bn |
| Dec 31, 2022 | 1.75 Bn |
| Sep 30, 2022 | 1.74 Bn |
| Jun 30, 2022 | 1.75 Bn |
| Mar 31, 2022 | 1.76 Bn |
| Dec 31, 2021 | 1.77 Bn |
| Sep 30, 2021 | 1.55 Bn |