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| Date | Value |
|---|---|
| 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% |