Health Catalyst (HCAT) EBT (2018 - 2026)
Health Catalyst (HCAT) posted EBT of -$110.6 million for Q1 2026, down 22.03% on a QoQ basis from -$90.6 million in Q4 2025, and down 370.15% year-over-year from $40.9 million in Q1 2025.
Health Catalyst (HCAT) EBT (2018 - 2026) Analysis & Trends
Health Catalyst's EBT history runs 9 years deep, the most recent figure standing at -$110.6 million for 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 was -$110.6 million for Q1 2026 at Health Catalyst, down from -$90.6 million in the prior quarter.
- Across five years, EBT topped out at -$13.4 million in Q2 2024 and bottomed at -$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 sank 370.15%.
- Health Catalyst's EBT stood at -$35.7 million in 2022, then gained by 15.55% to -$30.2 million in 2023, then soared by 33.55% to -$20.0 million in 2024, then slumped by 352.14% to -$90.6 million in 2025, then slipped by 22.03% to -$110.6 million in 2026.
- Business Quant data shows HCAT's EBT at -$110.6 million in Q1 2026, -$90.6 million in Q4 2025, and -$22.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 29.34 Bn | 22.03 Bn | 662.02 Mn | 347.53 Mn |
| 2 | BrightSpring Health Services | 13.49 Bn | 12.59 Bn | 482.22 Mn | 82.83 Mn |
| 3 | Healthequity | 7.96 Bn | 7.70 Bn | 256.31 Mn | 92.41 Mn |
| 4 | 10x Genomics | 6.17 Bn | 5.63 Bn | 106.18 Mn | -12.85 Mn |
| 5 | Hinge Health | 6.02 Bn | 5.70 Bn | 154.23 Mn | 35.94 Mn |
| 6 | MiniMed | 4.19 Bn | 3.89 Bn | 480.00 Mn | -92.00 Mn |
| 7 | Waystar Holding | 4.14 Bn | 4.07 Bn | 216.84 Mn | 59.82 Mn |
| 8 | Doximity | 3.82 Bn | 3.08 Bn | 125.97 Mn | 32.12 Mn |
| 9 | Privia Health | 3.10 Bn | 2.73 Bn | - | 9.31 Mn |
| 10 | Health Catalyst | 145.91 Mn | 37.09 Mn | 35.46 Mn | -110.61 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | -36.03 Mn |