Health Catalyst (HCAT) FCF Margin (2018 - 2026)

Health Catalyst (HCAT) reported FCF Margin of 26.11% for Q1 2026, up 2599.0% on a YoY basis from 0.97% in Q1 2025, and up 98.16% quarter-over-quarter from 13.18% in Q4 2025.

Health Catalyst (HCAT) FCF Margin (2018 - 2026) Analysis & Trends

Health Catalyst has reported FCF Margin for 9 years, with the latest figure at 26.11% in Q1 2026.

  • For the quarter ending Q1 2026, FCF Margin rose 2599.0% year-over-year to 26.11%; the trailing twelve-month figure through Mar 2026 stood at 6.29% (up 482.0% YoY), and the FY2025 full-year result was 0.21%, down 453.0% from the prior year.
  • FCF Margin for Q1 2026 stood at 26.11%, up from 13.18% in the prior quarter.
  • The five-year high for FCF Margin was 26.11% in Q1 2026, with the low at 24.37% in Q4 2022.
  • Historically, FCF Margin has averaged 3.01% across 5 years, with a median of 0.04% in 2025.
  • Annual changes were most pronounced in 2022 — FCF Margin slumped 2294 bps — and 2026, when it surged 2599 bps.
  • Health Catalyst's FCF Margin stood at 24.37% in 2022, then advanced by 1 bps to 24.06% in 2023, then surged by 88 bps to 2.94% in 2024, then surged by 549 bps to 13.18% in 2025, then jumped by 98 bps to 26.11% in 2026.
  • The last three FCF Margin figures came in at 26.11% (Q1 2026), 13.18% (Q4 2025), and 0.04% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Veeva Systems 24.83 Bn 17.52 Bn 662.02 Mn 127.46%
2 BrightSpring Health Services 13.57 Bn 12.69 Bn 482.22 Mn 3.30%
3 Healthequity 7.20 Bn 6.93 Bn 256.31 Mn 23.01%
4 Hinge Health 5.42 Bn 5.11 Bn 154.23 Mn 23.62%
5 10x Genomics 4.46 Bn 3.92 Bn 106.18 Mn 17.24%
6 Doximity 3.81 Bn 3.06 Bn 125.97 Mn 73.79%
7 Waystar Holding 3.52 Bn 3.36 Bn 268.04 Mn 22.17%
8 Privia Health 2.94 Bn 2.57 Bn 595.71 Mn -8.19%
9 Omnicell 1.76 Bn 1.59 Bn 140.36 Mn 13.57%
10 Health Catalyst 125.95 Mn 17.13 Mn 35.46 Mn 26.11%

Historic Data

Download Data
DateValue
Mar 31, 2026 26.11%
Dec 31, 2025 13.18%
Sep 30, 2025 -0.04%
Jun 30, 2025 -11.46%
Mar 31, 2025 0.12%
Dec 31, 2024 -2.94%
Sep 30, 2024 6.69%
Jun 30, 2024 2.26%
Mar 31, 2024 13.46%
Dec 31, 2023 -24.06%
Sep 30, 2023 2.96%
Jun 30, 2023 -15.77%
Mar 31, 2023 -7.66%
Dec 31, 2022 -24.37%
Sep 30, 2022 -16.97%
Jun 30, 2022 -14.35%
Mar 31, 2022 1.70%
Dec 31, 2021 -1.44%
Sep 30, 2021 -11.42%
Jun 30, 2021 -18.73%