Health Catalyst (HCAT) Free Cash Flow (2018 - 2026)
Health Catalyst (HCAT) posted Free Cash Flow of $18.5 million for Q1 2026, up 91.65% on a QoQ basis from $9.6 million in Q4 2025, and up 19979.35% year-over-year from N/an in Q1 2025.
Health Catalyst (HCAT) Free Cash Flow (2018 - 2026) Analysis & Trends
Health Catalyst's Free Cash Flow history runs 9 years deep, the most recent figure standing at $18.5 million for Q1 2026.
- Quarterly Free Cash Flow rose 19979.35% year-over-year to $18.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $18.1 million (up 309.39% YoY) and the FY2025 annual result came in at -$237000.0, down 101.63% from the prior year.
- Free Cash Flow was $18.5 million for Q1 2026 at Health Catalyst, up from $9.6 million in the prior quarter.
- Across five years, Free Cash Flow topped out at $18.5 million in Q1 2026 and bottomed at -$19.0 million in Q4 2023.
- A 5-year average of -$2.2 million and a median of -$1.1 million in 2025 frame the typical range for Free Cash Flow.
- Annual changes were most pronounced in 2023 — Free Cash Flow slumped 848.75% — and 2026, when it surged 19979.35%.
- Health Catalyst's Free Cash Flow stood at -$15.2 million in 2022, then decreased by 24.88% to -$19.0 million in 2023, then jumped by 87.72% to -$2.3 million in 2024, then jumped by 512.45% to $9.6 million in 2025, then jumped by 91.65% to $18.5 million in 2026.
- Business Quant data shows HCAT's Free Cash Flow at $18.5 million in Q1 2026, $9.6 million in Q4 2025, and -$1.1 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 31.68 Bn | 24.36 Bn | 662.02 Mn | 1.13 Bn |
| 2 | BrightSpring Health Services | 14.66 Bn | 13.76 Bn | 482.22 Mn | 101.40 Mn |
| 3 | Healthequity | 8.28 Bn | 8.02 Bn | 256.31 Mn | 81.60 Mn |
| 4 | Hinge Health | 5.88 Bn | 5.56 Bn | 154.23 Mn | 43.00 Mn |
| 5 | 10x Genomics | 5.81 Bn | 5.27 Bn | 106.18 Mn | 26.00 Mn |
| 6 | MiniMed | 4.51 Bn | 4.21 Bn | 480.00 Mn | -226.00 Mn |
| 7 | Waystar Holding | 4.45 Bn | 4.39 Bn | 216.84 Mn | 69.59 Mn |
| 8 | Doximity | 3.94 Bn | 3.19 Bn | 125.97 Mn | 116.17 Mn |
| 9 | Privia Health | 3.17 Bn | 2.75 Bn | - | -48.49 Mn |
| 10 | Health Catalyst | 154.26 Mn | 45.44 Mn | 35.46 Mn | 18.47 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 18.47 Mn |
| Mar 31, 2026 | 18.47 Mn |
| Dec 31, 2025 | 9.64 Mn |
| Dec 31, 2025 | 9.64 Mn |
| Sep 30, 2025 | -1.13 Mn |
| Sep 30, 2025 | -1.13 Mn |
| Jun 30, 2025 | -8.84 Mn |
| Jun 30, 2025 | -8.84 Mn |
| Mar 31, 2025 | 92,000.00 |
| Mar 31, 2025 | 92,000.00 |
| Dec 31, 2024 | -2.34 Mn |
| Dec 31, 2024 | -2.34 Mn |
| Sep 30, 2024 | 5.11 Mn |
| Sep 30, 2024 | 5.11 Mn |
| Jun 30, 2024 | 1.57 Mn |
| Jun 30, 2024 | 1.57 Mn |
| Mar 31, 2024 | 10.21 Mn |
| Mar 31, 2024 | 10.21 Mn |
| Dec 31, 2023 | -19.03 Mn |
| Dec 31, 2023 | -19.03 Mn |