Health Catalyst, Inc. (HCAT) EBITDA Margin (2018 - 2026)
Health Catalyst (HCAT) recorded EBITDA Margin of -36.18% in Q2 2026, down 5.94 percentage points from -30.24% a year earlier but up 97.18 percentage points from the prior quarter.
Health Catalyst, Inc. (HCAT) EBITDA Margin (2018 - 2026) Analysis & Trends
On a TTM basis, Health Catalyst's EBITDA Margin came in at -67.74% as of Jun 30, 2026, down 54.07 percentage points year-over-year; for FY2025, it came in at -35.47%, down 26.21 percentage points from FY2024.
- Annual EBITDA Margin has a five-year change of +5.52 percentage points (FY2020 to FY2025).
- Across earlier years, EBITDA Margin came in at -9.26% in FY2024 (+19.36 pp), -28.61% in FY2023 (+4.59 pp), -33.20% in FY2022 (+10.67 pp) and -43.87% in FY2021 (-2.88 pp).
- Quarterly EBITDA Margin has ranged from -133.36% in Q1 2026 to -4.85% in Q3 2024 over the past five years.
- On a year-over-year basis, EBITDA Margin has declined for five consecutive quarters, with an average year-over-year change of -25.16 percentage points over the last eight quarters.
- Peak year-over-year performance for EBITDA Margin in the last five years was a gain of 29.28 percentage points in Q3 2023, against a drop of 123.48 percentage points in Q1 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at -133.36% (Q1 2026), -98.02% (Q4 2025) and -6.41% (Q3 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -36.18% |
| Mar 31, 2026 | -133.36% |
| Dec 31, 2025 | -98.02% |
| Sep 30, 2025 | -6.41% |
| Jun 30, 2025 | -30.24% |
| Mar 31, 2025 | -9.89% |
| Dec 31, 2024 | -9.09% |
| Sep 30, 2024 | -4.85% |
| Jun 30, 2024 | -6.79% |
| Mar 31, 2024 | -16.44% |
| Dec 31, 2023 | -29.94% |
| Sep 30, 2023 | -19.51% |
| Jun 30, 2023 | -32.62% |
| Mar 31, 2023 | -32.38% |
| Dec 31, 2022 | -36.26% |
| Sep 30, 2022 | -48.79% |
| Jun 30, 2022 | -29.14% |
| Mar 31, 2022 | -18.65% |
| Dec 31, 2021 | -52.29% |
| Sep 30, 2021 | -51.18% |
Health Catalyst, Inc. EBITDA Margin 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=ebitda-margin&ticker=HCAT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "HCAT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=HCAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();