Health Catalyst (HCAT) Common Equity (2018 - 2026)
Health Catalyst's Common Equity was $100.83 million in Q2 2026, down 71.0% from $347.55 million a year earlier and down 27.0% from the prior quarter.
Health Catalyst (HCAT) Common Equity (2018 - 2026) Analysis & Trends
At the end of FY2025, Common Equity at Health Catalyst came in at $245.78 million, down 32.7% from FY2024.
- Common Equity has now declined for four consecutive years, with a five-year compound annual growth rate of -2.3% (FY2020 to FY2025).
- In earlier years, Common Equity was $365.21 million in FY2024 (-0.5%), $366.92 million in FY2023 (-13.7%), $425.01 million in FY2022 (-18.6%) and $522.1 million in FY2021 (+89.1%).
- The Q2 2026 figure marks the lowest quarterly Common Equity since Q2 2019.
- Compared with a year earlier, Common Equity has declined for five straight quarters, with an average decline of 22.3% over the last eight quarters.
- The best year-over-year quarter for Common Equity over five years was Q4 2021 (growth of 89.1%); the worst was Q2 2026 (a decline of 71.0%).
- Per Business Quant data, HCAT's Common Equity in the three quarters before Q2 2026 was $138.15 million (Q1 2026), $245.78 million (Q4 2025) and $331.92 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | -204,260.00 |
| 2 | Veeva Systems | 45.35 Bn | 17.59 Bn | 695.95 Mn | 7.43 Bn |
| 3 | Samsara | 22.20 Bn | 18.97 Bn | 392.58 Mn | 1.60 Bn |
| 4 | Toast | 17.53 Bn | 10.20 Bn | 516.00 Mn | 2.05 Bn |
| 5 | Ptc | 15.47 Bn | 14.28 Bn | 490.47 Mn | 3.47 Bn |
| 6 | Trimble | 13.41 Bn | 12.48 Bn | 674.90 Mn | 5.11 Bn |
| 7 | Duolingo | 12.56 Bn | 7.73 Bn | 216.74 Mn | 1.41 Bn |
| 8 | Manhattan Associates | 11.77 Bn | 10.77 Bn | 168.33 Mn | 157.51 Mn |
| 9 | Costar | 10.95 Bn | 4.91 Bn | 728.00 Mn | 7.95 Bn |
| 10 | Health Catalyst | 132.23 Mn | -267.31 Mn | 34.86 Mn | 100.83 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 100.83 Mn |
| Mar 31, 2026 | 138.15 Mn |
| Dec 31, 2025 | 245.78 Mn |
| Sep 30, 2025 | 331.92 Mn |
| Jun 30, 2025 | 347.55 Mn |
| Mar 31, 2025 | 376.81 Mn |
| Dec 31, 2024 | 365.21 Mn |
| Sep 30, 2024 | 355.04 Mn |
| Jun 30, 2024 | 357.00 Mn |
| Mar 31, 2024 | 357.21 Mn |
| Dec 31, 2023 | 366.92 Mn |
| Sep 30, 2023 | 382.39 Mn |
| Jun 30, 2023 | 389.87 Mn |
| Mar 31, 2023 | 405.15 Mn |
| Dec 31, 2022 | 425.01 Mn |
| Sep 30, 2022 | 439.97 Mn |
| Jun 30, 2022 | 469.06 Mn |
| Mar 31, 2022 | 480.91 Mn |
| Dec 31, 2021 | 522.10 Mn |
| Sep 30, 2021 | 549.21 Mn |
Health Catalyst Common Equity 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=common-equity&ticker=HCAT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "common-equity", "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=common-equity&ticker=HCAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();