Health Catalyst (HCAT) Net Income (2018 - 2026)
Health Catalyst (HCAT) posted Net Income of -$111.0 million for Q1 2026, down 21.97% on a QoQ basis from -$91.0 million in Q4 2025, and down 367.64% year-over-year from $41.5 million in Q1 2025.
Health Catalyst (HCAT) Net Income (2018 - 2026) Analysis & Trends
Health Catalyst's Net Income history runs 9 years deep, the most recent figure standing at -$111.0 million for 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 was -$111.0 million for Q1 2026 at Health Catalyst, down from -$91.0 million in the prior quarter.
- Across five years, Net Income topped out at -$13.5 million in Q2 2024 and bottomed at -$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 slumped 367.64%.
- Health Catalyst's Net Income stood at -$35.7 million in 2022, then increased by 15.19% to -$30.3 million in 2023, then soared by 31.8% to -$20.7 million in 2024, then slumped by 340.31% to -$91.0 million in 2025, then declined by 21.97% to -$111.0 million in 2026.
- Business Quant data shows HCAT's Net Income at -$111.0 million in Q1 2026, -$91.0 million in Q4 2025, and -$22.2 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 31.91 Bn | 24.60 Bn | 662.02 Mn | 260.94 Mn |
| 2 | BrightSpring Health Services | 14.61 Bn | 13.71 Bn | 482.22 Mn | 74.33 Mn |
| 3 | Healthequity | 8.29 Bn | 8.03 Bn | 256.31 Mn | 69.42 Mn |
| 4 | Hinge Health | 5.96 Bn | 5.65 Bn | 154.23 Mn | 35.13 Mn |
| 5 | 10x Genomics | 5.83 Bn | 5.29 Bn | 106.18 Mn | -13.47 Mn |
| 6 | MiniMed | 4.49 Bn | 4.19 Bn | 480.00 Mn | -185.00 Mn |
| 7 | Waystar Holding | 4.49 Bn | 4.42 Bn | 216.84 Mn | 43.28 Mn |
| 8 | Doximity | 3.98 Bn | 3.23 Bn | 125.97 Mn | 19.11 Mn |
| 9 | Privia Health | 3.17 Bn | 2.75 Bn | - | 3.71 Mn |
| 10 | Health Catalyst | 155.71 Mn | 46.89 Mn | 35.46 Mn | -111.03 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | -35.83 Mn |