Health Catalyst (HCAT) Net Income (2018 - 2026)
Health Catalyst's (HCAT) quarterly Net Income came in at -$111.0 million in Q1 2026, down 367.64% YoY from $41.5 million in Q1 2025, and down 21.97% on a QoQ basis from -$91.0 million in Q4 2025.
Health Catalyst (HCAT) Net Income (2018 - 2026) Analysis & Trends
Health Catalyst (HCAT) has 9 years of Net Income data on file, last reported at -$111.0 million in Q1 2026.
- Quarterly Net Income fell 367.64% year-over-year to -$111.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$265.3 million (down 265.08% YoY) and the FY2025 annual result came in at -$178.0 million, down 156.07% from the prior year.
- Net Income eased to -$111.0 million in Q1 2026, from -$91.0 million in the prior quarter.
- In the past five years, Net Income ranged from a high of -$13.5 million in Q2 2024 to a low of -$111.0 million in Q1 2026.
- A 5-year average of -$36.1 million and a median of -$30.3 million in 2023 frame the typical range for Net Income.
- Annual changes were most pronounced in 2024 — Net Income jumped 58.56% — and 2026, when it tumbled 367.64%.
- Tracing HCAT's Net Income over 5 years: stood at -$35.7 million in 2022, then climbed by 15.19% to -$30.3 million in 2023, then jumped by 31.8% to -$20.7 million in 2024, then plunged by 340.31% to -$91.0 million in 2025, then slipped by 21.97% to -$111.0 million in 2026.
- The last three Net Income figures came in at -$111.0 million (Q1 2026), -$91.0 million (Q4 2025), and -$22.2 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 39.72 Bn | 32.40 Bn | 662.02 Mn | 260.94 Mn |
| 2 | BrightSpring Health Services | 12.19 Bn | 11.64 Bn | 492.75 Mn | -2.40 Mn |
| 3 | Healthequity | 8.79 Bn | 8.52 Bn | 256.31 Mn | 69.42 Mn |
| 4 | 10x Genomics | 7.31 Bn | 6.76 Bn | 112.50 Mn | -17.93 Mn |
| 5 | Hinge Health | 7.10 Bn | 6.71 Bn | 183.95 Mn | 43.69 Mn |
| 6 | MiniMed | 5.66 Bn | 5.36 Bn | 480.00 Mn | -185.00 Mn |
| 7 | Waystar Holding | 4.76 Bn | 4.56 Bn | 221.99 Mn | 40.87 Mn |
| 8 | Doximity | 4.46 Bn | 3.77 Bn | 132.93 Mn | 24.32 Mn |
| 9 | Heartflow | 3.66 Bn | 3.28 Bn | 53.19 Mn | -15.74 Mn |
| 10 | Health Catalyst | 138.20 Mn | 34.76 Mn | 34.86 Mn | -40.54 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -40.54 Mn |
| Mar 31, 2026 | -111.03 Mn |
| Dec 31, 2025 | -91.03 Mn |
| Sep 30, 2025 | -22.23 Mn |
| Jun 30, 2025 | -40.98 Mn |
| Mar 31, 2025 | -23.74 Mn |
| Dec 31, 2024 | -20.67 Mn |
| Sep 30, 2024 | -14.73 Mn |
| Jun 30, 2024 | -13.52 Mn |
| Mar 31, 2024 | -20.59 Mn |
| Dec 31, 2023 | -30.31 Mn |
| Sep 30, 2023 | -22.03 Mn |
| Jun 30, 2023 | -32.61 Mn |
| Mar 31, 2023 | -33.19 Mn |
| Dec 31, 2022 | -35.74 Mn |
| Sep 30, 2022 | -45.74 Mn |
| Jun 30, 2022 | -33.43 Mn |
| Mar 31, 2022 | -22.41 Mn |
| Dec 31, 2021 | -48.94 Mn |
| Sep 30, 2021 | -40.01 Mn |