Health Catalyst (HCAT) EBITDA Margin (2018 - 2026)
Health Catalyst (HCAT) reported EBITDA Margin of 144.83% for Q1 2026, down 12396.0% on a YoY basis from N/an in Q1 2025, and down 31.77% quarter-over-quarter from 109.91% in Q4 2025.
Health Catalyst (HCAT) EBITDA Margin (2018 - 2026) Analysis & Trends
Health Catalyst has reported EBITDA Margin for 9 years, with the latest figure at 144.83% in Q1 2026.
- For the quarter ending Q1 2026, EBITDA Margin fell 12396.0% year-over-year to 144.83%; the trailing twelve-month figure through Mar 2026 stood at 76.62% (down 5925.0% YoY), and the FY2025 full-year result was 46.88%, down 2828.0% from the prior year.
- EBITDA Margin for Q1 2026 stood at 144.83%, down from 109.91% in the prior quarter.
- The five-year high for EBITDA Margin was 13.87% in Q3 2024, with the low at 144.83% in Q1 2026.
- Historically, EBITDA Margin has averaged 44.17% across 5 years, with a median of 39.54% in 2023.
- Annual changes were most pronounced in 2023 — EBITDA Margin jumped 3338 bps — and 2026, when it slumped 12396 bps.
- Health Catalyst's EBITDA Margin stood at 48.5% in 2022, then rose by 18 bps to 39.54% in 2023, then soared by 55 bps to 17.84% in 2024, then tumbled by 516 bps to 109.91% in 2025, then slumped by 32 bps to 144.83% in 2026.
- The last three EBITDA Margin figures came in at 144.83% (Q1 2026), 109.91% (Q4 2025), and 17.96% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 24.83 Bn | 17.52 Bn | 662.02 Mn | 26.39% |
| 2 | BrightSpring Health Services | 13.57 Bn | 12.69 Bn | 482.22 Mn | 3.36% |
| 3 | Healthequity | 7.20 Bn | 6.93 Bn | 256.31 Mn | 29.03% |
| 4 | Hinge Health | 5.42 Bn | 5.11 Bn | 154.23 Mn | 19.09% |
| 5 | 10x Genomics | 4.46 Bn | 3.92 Bn | 106.18 Mn | -11.30% |
| 6 | Doximity | 3.81 Bn | 3.06 Bn | 125.97 Mn | 17.08% |
| 7 | Waystar Holding | 3.52 Bn | 3.36 Bn | 268.04 Mn | 27.87% |
| 8 | Privia Health | 2.94 Bn | 2.57 Bn | 595.71 Mn | 1.25% |
| 9 | Omnicell | 1.76 Bn | 1.59 Bn | 140.36 Mn | 5.44% |
| 10 | Health Catalyst | 125.95 Mn | 17.13 Mn | 35.46 Mn | -144.83% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -144.83% |
| Dec 31, 2025 | -109.91% |
| Sep 30, 2025 | -17.96% |
| Jun 30, 2025 | -41.49% |
| Mar 31, 2025 | -20.87% |
| Dec 31, 2024 | -17.84% |
| Sep 30, 2024 | -13.87% |
| Jun 30, 2024 | -16.74% |
| Mar 31, 2024 | -26.11% |
| Dec 31, 2023 | -39.54% |
| Sep 30, 2023 | -29.12% |
| Jun 30, 2023 | -42.91% |
| Mar 31, 2023 | -42.93% |
| Dec 31, 2022 | -48.50% |
| Sep 30, 2022 | -62.50% |
| Jun 30, 2022 | -43.31% |
| Mar 31, 2022 | -32.38% |
| Dec 31, 2021 | -66.08% |
| Sep 30, 2021 | -65.68% |
| Jun 30, 2021 | -52.36% |