Health Catalyst (HCAT) FCF Margin (2018 - 2026)
Health Catalyst (HCAT) posted FCF Margin of 26.11% for Q1 2026, up 102.27% on a QoQ basis from 12.91% in Q4 2025, and up 2599.0% year-over-year from 0.97% in Q1 2025.
Health Catalyst (HCAT) FCF Margin (2018 - 2026) Analysis & Trends
Health Catalyst's FCF Margin history runs 9 years deep, the most recent figure standing at 26.11% for 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 was 26.11% for Q1 2026 at Health Catalyst, up from 12.91% in the prior quarter.
- Across five years, FCF Margin topped out at 26.11% in Q1 2026 and bottomed at 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 tumbled 1354 bps — and 2026, when it surged 2599 bps.
- Health Catalyst's FCF Margin stood at 22.03% in 2022, then retreated by 15 bps to 25.34% in 2023, then surged by 88 bps to 2.94% in 2024, then surged by 540 bps to 12.91% in 2025, then soared by 102 bps to 26.11% in 2026.
- Business Quant data shows HCAT's FCF Margin at 26.11% in Q1 2026, 12.91% in Q4 2025, and 1.48% in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 29.34 Bn | 22.03 Bn | 662.02 Mn | 127.46% |
| 2 | BrightSpring Health Services | 13.49 Bn | 12.59 Bn | 482.22 Mn | 2.81% |
| 3 | Healthequity | 7.96 Bn | 7.70 Bn | 256.31 Mn | 23.01% |
| 4 | 10x Genomics | 6.17 Bn | 5.63 Bn | 106.18 Mn | 17.24% |
| 5 | Hinge Health | 6.02 Bn | 5.70 Bn | 154.23 Mn | 23.59% |
| 6 | MiniMed | 4.19 Bn | 3.89 Bn | 480.00 Mn | -27.00% |
| 7 | Waystar Holding | 4.14 Bn | 4.07 Bn | 216.84 Mn | 22.17% |
| 8 | Doximity | 3.82 Bn | 3.08 Bn | 125.97 Mn | 79.91% |
| 9 | Privia Health | 3.10 Bn | 2.73 Bn | - | -8.03% |
| 10 | Health Catalyst | 145.91 Mn | 37.09 Mn | 35.46 Mn | 26.11% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | -7.01% |