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

Health Catalyst (HCAT) has reported Operating Expenses for 9 consecutive years, with $71.3 million the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Operating Expenses fell 5.3% year-over-year to $71.3 million; the trailing twelve-month figure through Jun 2026 stood at $394.1 million (up 70.11% YoY), and the FY2025 full-year result was $312.5 million, up 48.41% from the prior year.
• Operating Expenses slipped to $71.3 million in Q2 2026 per HCAT's latest filing, from $141.9 million in the prior quarter.
• Across five years, Operating Expenses topped out at $141.9 million in Q1 2026 and bottomed at $47.7 million in Q3 2024.
• Historically, Operating Expenses has averaged $70.5 million across 5 years, with a median of $65.5 million in 2022.
• The sharpest annual moves came in 2023 and 2026: Operating Expenses declined 27.23% in 2023, then surged 151.64% in 2026.
• Over 5 years, Operating Expenses stood at $67.8 million in 2022, then fell by 6.65% to $63.3 million in 2023, then slipped by 17.54% to $52.2 million in 2024, then soared by 140.39% to $125.5 million in 2025, then tumbled by 43.14% to $71.3 million in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $71.3 million, $141.9 million, and $125.5 million for Q2 2026, Q1 2026, and Q4 2025 respectively.