Health Catalyst (HCAT) FCF Margin (2018 - 2026)
Health Catalyst's (HCAT) quarterly FCF Margin came in at 26.11% in Q1 2026, up 2599.0% YoY from 0.97% in Q1 2025, and up 102.27% on a QoQ basis from 12.91% in Q4 2025.
Health Catalyst (HCAT) FCF Margin (2018 - 2026) Analysis & Trends
Health Catalyst (HCAT) has 9 years of FCF Margin data on file, last reported at 26.11% in Q1 2026.
- Quarterly FCF Margin rose 2599.0% year-over-year to 26.11% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 6.0% (up 457.0% YoY) and the FY2025 annual result came in at 0.08%, down 482.0% from the prior year.
- FCF Margin advanced to 26.11% in Q1 2026, from 12.91% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 26.11% in Q1 2026 to a low of 25.34% in Q4 2023.
- A 5-year average of 3.08% and a median of 1.48% in 2025 frame the typical range for FCF Margin.
- Annual changes were most pronounced in 2025 — FCF Margin plunged 1354 bps — and 2026, when it surged 2599 bps.
- Tracing HCAT's FCF Margin over 5 years: stood at 22.03% in 2022, then declined by 15 bps to 25.34% in 2023, then soared by 88 bps to 2.94% in 2024, then soared by 540 bps to 12.91% in 2025, then jumped by 102 bps to 26.11% in 2026.
- The last three FCF Margin figures came in at 26.11% (Q1 2026), 12.91% (Q4 2025), and 1.48% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 39.72 Bn | 32.40 Bn | 662.02 Mn | 127.46% |
| 2 | BrightSpring Health Services | 12.19 Bn | 11.64 Bn | 492.75 Mn | 0.38% |
| 3 | Healthequity | 8.79 Bn | 8.52 Bn | 256.31 Mn | 23.01% |
| 4 | 10x Genomics | 7.31 Bn | 6.76 Bn | 112.50 Mn | 10.19% |
| 5 | Hinge Health | 7.10 Bn | 6.71 Bn | 183.95 Mn | 46.84% |
| 6 | MiniMed | 5.66 Bn | 5.36 Bn | 480.00 Mn | -27.00% |
| 7 | Waystar Holding | 4.76 Bn | 4.56 Bn | 221.99 Mn | 13.54% |
| 8 | Doximity | 4.46 Bn | 3.77 Bn | 132.93 Mn | 25.33% |
| 9 | Heartflow | 3.66 Bn | 3.28 Bn | 53.19 Mn | - |
| 10 | Health Catalyst | 138.20 Mn | 34.76 Mn | 34.86 Mn | -0.10% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -0.10% |
| Mar 31, 2026 | 26.11% |
| Dec 31, 2025 | 12.91% |
| Sep 30, 2025 | -1.48% |
| Jun 30, 2025 | -10.95% |
| Mar 31, 2025 | 0.12% |
| Dec 31, 2024 | -2.94% |
| Sep 30, 2024 | 6.69% |
| Jun 30, 2024 | 2.06% |
| Mar 31, 2024 | 13.66% |
| Dec 31, 2023 | -25.34% |
| Sep 30, 2023 | 5.32% |
| Jun 30, 2023 | -16.36% |
| Mar 31, 2023 | -8.13% |
| Dec 31, 2022 | -22.03% |
| Sep 30, 2022 | -19.35% |
| Jun 30, 2022 | -13.84% |
| Mar 31, 2022 | 1.18% |
| Dec 31, 2021 | -15.80% |
| Sep 30, 2021 | -7.69% |