Growth Metrics

Health Catalyst (HCAT) Net Margin (2018 - 2025)

Health Catalyst (HCAT) has disclosed Net Margin for 8 consecutive years, with 29.12% as the latest value for Q3 2025.

  • For the quarter ending Q3 2025, Net Margin fell 984.0% year-over-year to 29.12%, compared with a TTM value of 34.05% through Sep 2025, down 784.0%, and an annual FY2024 reading of 22.67%, up 1727.0% over the prior year.
  • Net Margin was 29.12% for Q3 2025 at Health Catalyst, up from 50.76% in the prior quarter.
  • Across five years, Net Margin topped out at 17.81% in Q2 2024 and bottomed at 75.7% in Q4 2021.
  • Average Net Margin over 5 years is 42.66%, with a median of 44.55% recorded in 2023.
  • The sharpest move saw Net Margin surged 3705bps in 2023, then tumbled -3296bps in 2025.
  • Year by year, Net Margin stood at 75.7% in 2021, then soared by 32bps to 51.74% in 2022, then grew by 22bps to 40.43% in 2023, then surged by 36bps to 25.97% in 2024, then decreased by -12bps to 29.12% in 2025.
  • Business Quant data shows Net Margin for HCAT at 29.12% in Q3 2025, 50.76% in Q2 2025, and 29.9% in Q1 2025.