Health Catalyst (HCAT) Invested Capital (2018 - 2026)

Health Catalyst (HCAT) reported Invested Capital of $291.5 million for Q1 2026, down 61.63% on a YoY basis from $759.7 million in Q1 2025, and down 26.95% quarter-over-quarter from $399.0 million in Q4 2025.

Health Catalyst (HCAT) Invested Capital (2018 - 2026) Analysis & Trends

Health Catalyst has reported Invested Capital for 9 years, with the latest figure at $291.5 million in Q1 2026.

  • For the quarter ending Q1 2026, Invested Capital fell 61.63% year-over-year to $291.5 million; the trailing twelve-month figure through Mar 2026 stood at $291.5 million (down 61.63% YoY), and the FY2025 full-year result was $399.0 million, down 46.62% from the prior year.
  • Invested Capital for Q1 2026 stood at $291.5 million, down from $399.0 million in the prior quarter.
  • The five-year high for Invested Capital was $759.7 million in Q1 2025, with the low at $291.5 million in Q1 2026.
  • Historically, Invested Capital has averaged $588.3 million across 5 years, with a median of $610.0 million in 2023.
  • Annual changes were most pronounced in 2022 — Invested Capital surged 60.27% — and 2026, when it sank 61.63%.
  • Health Catalyst's Invested Capital stood at $425.0 million in 2022, then soared by 39.99% to $595.0 million in 2023, then grew by 25.65% to $747.6 million in 2024, then tumbled by 46.62% to $399.0 million in 2025, then retreated by 26.95% to $291.5 million in 2026.
  • The last three Invested Capital figures came in at $291.5 million (Q1 2026), $399.0 million (Q4 2025), and $485.1 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Veeva Systems 26.11 Bn 18.79 Bn 662.02 Mn 7.30 Bn
2 BrightSpring Health Services 12.95 Bn 12.07 Bn 482.22 Mn 2.03 Bn
3 Healthequity 7.46 Bn 7.19 Bn 256.31 Mn 2.99 Bn
4 Hinge Health 5.15 Bn 4.83 Bn 154.23 Mn 111.69 Mn
5 Doximity 3.75 Bn 3.00 Bn 125.97 Mn 950.84 Mn
6 10x Genomics 3.69 Bn 3.15 Bn 106.18 Mn 814.32 Mn
7 Waystar Holding 3.61 Bn 3.45 Bn 268.04 Mn 3.95 Bn
8 Privia Health 2.90 Bn 2.54 Bn 595.71 Mn 753.06 Mn
9 Omnicell 1.72 Bn 1.54 Bn 140.36 Mn 1.26 Bn
10 Health Catalyst 133.57 Mn 24.75 Mn 35.46 Mn 291.51 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 291.51 Mn
Dec 31, 2025 399.03 Mn
Sep 30, 2025 485.06 Mn
Jun 30, 2025 500.58 Mn
Mar 31, 2025 759.67 Mn
Dec 31, 2024 747.57 Mn
Sep 30, 2024 700.07 Mn
Jun 30, 2024 585.80 Mn
Mar 31, 2024 585.62 Mn
Dec 31, 2023 594.95 Mn
Sep 30, 2023 610.05 Mn
Jun 30, 2023 617.14 Mn
Mar 31, 2023 632.05 Mn
Dec 31, 2022 425.01 Mn
Sep 30, 2022 666.11 Mn
Jun 30, 2022 694.83 Mn
Mar 31, 2022 706.31 Mn
Dec 31, 2021 703.04 Mn
Sep 30, 2021 727.04 Mn
Jun 30, 2021 450.72 Mn