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