Health Catalyst (HCAT) Operating Expenses (2018 - 2026)

Health Catalyst has reported Operating Expenses for 9 years, with the latest figure at $141.9 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses rose 151.64% year-over-year to $141.9 million; the trailing twelve-month figure through Mar 2026 stood at $398.1 million (up 91.4% YoY), and the FY2025 full-year result was $312.5 million, up 48.41% from the prior year.
• Operating Expenses for Q1 2026 stood at $141.9 million, up from $125.5 million in the prior quarter.
• The five-year high for Operating Expenses was $141.9 million in Q1 2026, with the low at $47.7 million in Q3 2024.
• Historically, Operating Expenses has averaged $70.4 million across 5 years, with a median of $63.3 million in 2023.
• Annual changes were most pronounced in 2023 — Operating Expenses dropped 27.23% — and 2026, when it jumped 151.64%.
• Health Catalyst's Operating Expenses stood at $67.8 million in 2022, then dropped by 6.65% to $63.3 million in 2023, then retreated by 17.54% to $52.2 million in 2024, then jumped by 140.39% to $125.5 million in 2025, then climbed by 13.13% to $141.9 million in 2026.
• The last three Operating Expenses figures came in at $141.9 million (Q1 2026), $125.5 million (Q4 2025), and $55.3 million (Q3 2025), per Business Quant data.