Health Catalyst (HCAT) Enterprise Value (2018 - 2026)
Health Catalyst (HCAT) posted Enterprise Value of -$108.8 million for Q1 2026, down 13.67% on a QoQ basis from -$95.7 million in Q4 2025, and up 68.18% year-over-year from -$64.7 million in Q1 2025.
Health Catalyst (HCAT) Enterprise Value (2018 - 2026) Analysis & Trends
Health Catalyst's Enterprise Value history runs 9 years deep, the most recent figure standing at -$108.8 million for Q1 2026.
- Quarterly Enterprise Value rose 68.18% year-over-year to -$108.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$108.8 million (up 68.18% YoY) and the FY2025 annual result came in at -$95.7 million, up 75.58% from the prior year.
- Enterprise Value was -$108.8 million for Q1 2026 at Health Catalyst, down from -$95.7 million in the prior quarter.
- Across five years, Enterprise Value topped out at -$91.5 million in Q3 2025 and bottomed at -$425.4 million in Q1 2022.
- A 5-year average of -$299.4 million and a median of -$343.8 million in 2023 frame the typical range for Enterprise Value.
- Annual changes were most pronounced in 2022 — Enterprise Value plunged 59.67% — and 2025, when it jumped 76.36%.
- Health Catalyst's Enterprise Value stood at -$363.5 million in 2022, then increased by 12.59% to -$317.7 million in 2023, then fell by 23.38% to -$392.0 million in 2024, then jumped by 75.58% to -$95.7 million in 2025, then slipped by 13.67% to -$108.8 million in 2026.
- Business Quant data shows HCAT's Enterprise Value at -$108.8 million in Q1 2026, -$95.7 million in Q4 2025, and -$91.5 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 31.70 Bn | 24.39 Bn | 662.02 Mn | -7.31 Bn |
| 2 | BrightSpring Health Services | 14.70 Bn | 13.80 Bn | 482.22 Mn | -900.97 Mn |
| 3 | Healthequity | 8.30 Bn | 8.04 Bn | 256.31 Mn | -265.37 Mn |
| 4 | Hinge Health | 5.94 Bn | 5.62 Bn | 154.23 Mn | -315.87 Mn |
| 5 | 10x Genomics | 5.86 Bn | 5.32 Bn | 106.18 Mn | -539.85 Mn |
| 6 | MiniMed | 4.47 Bn | 4.17 Bn | 480.00 Mn | -298.00 Mn |
| 7 | Waystar Holding | 4.45 Bn | 4.39 Bn | 216.84 Mn | -62.70 Mn |
| 8 | Doximity | 3.94 Bn | 3.19 Bn | 125.97 Mn | -748.60 Mn |
| 9 | Privia Health | 3.18 Bn | 2.76 Bn | - | -366.68 Mn |
| 10 | Health Catalyst | 154.62 Mn | 45.80 Mn | 35.46 Mn | -108.82 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -108.82 Mn |
| Dec 31, 2025 | -95.73 Mn |
| Sep 30, 2025 | -91.54 Mn |
| Jun 30, 2025 | -97.34 Mn |
| Mar 31, 2025 | -341.97 Mn |
| Dec 31, 2024 | -392.00 Mn |
| Sep 30, 2024 | -387.26 Mn |
| Jun 30, 2024 | -308.26 Mn |
| Mar 31, 2024 | -327.79 Mn |
| Dec 31, 2023 | -317.73 Mn |
| Sep 30, 2023 | -347.70 Mn |
| Jun 30, 2023 | -343.83 Mn |
| Mar 31, 2023 | -356.93 Mn |
| Dec 31, 2022 | -363.49 Mn |
| Sep 30, 2022 | -380.14 Mn |
| Jun 30, 2022 | -403.35 Mn |
| Mar 31, 2022 | -425.42 Mn |
| Dec 31, 2021 | -444.98 Mn |
| Sep 30, 2021 | -455.19 Mn |
| Jun 30, 2021 | -262.76 Mn |