Health Catalyst (HCAT) EBT (2018 - 2026)
Health Catalyst's (HCAT) quarterly EBT came in at -$110.6 million in Q1 2026, down 370.15% YoY from $40.9 million in Q1 2025, and down 22.03% on a QoQ basis from -$90.6 million in Q4 2025.
Health Catalyst (HCAT) EBT (2018 - 2026) Analysis & Trends
Health Catalyst (HCAT) has 9 years of EBT data on file, last reported at -$110.6 million in Q1 2026.
- Quarterly EBT fell 370.15% year-over-year to -$110.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$264.3 million (down 266.01% YoY) and the FY2025 annual result came in at -$177.3 million, down 156.27% from the prior year.
- EBT eased to -$110.6 million in Q1 2026, from -$90.6 million in the prior quarter.
- In the past five years, EBT ranged from a high of -$13.4 million in Q2 2024 to a low of -$110.6 million in Q1 2026.
- A 5-year average of -$36.3 million and a median of -$30.2 million in 2023 frame the typical range for EBT.
- Annual changes were most pronounced in 2024 — EBT soared 58.66% — and 2026, when it slumped 370.15%.
- Tracing HCAT's EBT over 5 years: stood at -$35.7 million in 2022, then increased by 15.55% to -$30.2 million in 2023, then jumped by 33.55% to -$20.0 million in 2024, then plunged by 352.14% to -$90.6 million in 2025, then retreated by 22.03% to -$110.6 million in 2026.
- The last three EBT figures came in at -$110.6 million (Q1 2026), -$90.6 million (Q4 2025), and -$22.2 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 39.72 Bn | 32.40 Bn | 662.02 Mn | 347.53 Mn |
| 2 | BrightSpring Health Services | 12.19 Bn | 11.64 Bn | 492.75 Mn | 93.51 Mn |
| 3 | Healthequity | 8.79 Bn | 8.52 Bn | 256.31 Mn | 92.41 Mn |
| 4 | 10x Genomics | 7.31 Bn | 6.76 Bn | 112.50 Mn | -18.65 Mn |
| 5 | Hinge Health | 7.10 Bn | 6.71 Bn | 183.95 Mn | 44.43 Mn |
| 6 | MiniMed | 5.66 Bn | 5.36 Bn | 480.00 Mn | -92.00 Mn |
| 7 | Waystar Holding | 4.76 Bn | 4.56 Bn | 221.99 Mn | 56.40 Mn |
| 8 | Doximity | 4.46 Bn | 3.77 Bn | 132.93 Mn | 40.36 Mn |
| 9 | Heartflow | 3.66 Bn | 3.28 Bn | 53.19 Mn | -15.72 Mn |
| 10 | Health Catalyst | 138.20 Mn | 34.76 Mn | 34.86 Mn | -40.22 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -40.22 Mn |
| Mar 31, 2026 | -110.61 Mn |
| Dec 31, 2025 | -90.65 Mn |
| Sep 30, 2025 | -22.19 Mn |
| Jun 30, 2025 | -40.90 Mn |
| Mar 31, 2025 | -23.53 Mn |
| Dec 31, 2024 | -20.05 Mn |
| Sep 30, 2024 | -15.20 Mn |
| Jun 30, 2024 | -13.45 Mn |
| Mar 31, 2024 | -20.47 Mn |
| Dec 31, 2023 | -30.17 Mn |
| Sep 30, 2023 | -21.97 Mn |
| Jun 30, 2023 | -32.53 Mn |
| Mar 31, 2023 | -33.12 Mn |
| Dec 31, 2022 | -35.72 Mn |
| Sep 30, 2022 | -45.58 Mn |
| Jun 30, 2022 | -34.37 Mn |
| Mar 31, 2022 | -26.01 Mn |
| Dec 31, 2021 | -49.14 Mn |
| Sep 30, 2021 | -46.67 Mn |