Health Catalyst (HCAT) Operating Leases (2018 - 2026)
Health Catalyst's (HCAT) quarterly Operating Leases came in at $13.5 million in Q1 2026, down 14.41% YoY from $15.8 million in Q1 2025, and down 5.11% on a QoQ basis from $14.2 million in Q4 2025.
Health Catalyst (HCAT) Operating Leases (2018 - 2026) Analysis & Trends
Health Catalyst (HCAT) has 9 years of Operating Leases data on file, last reported at $13.5 million in Q1 2026.
- Quarterly Operating Leases fell 14.41% year-over-year to $13.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $13.5 million (down 14.41% YoY) and the FY2025 annual result came in at $14.2 million, down 28.62% from the prior year.
- Operating Leases eased to $13.5 million in Q1 2026, from $14.2 million in the prior quarter.
- In the past five years, Operating Leases ranged from a high of $21.5 million in Q4 2022 to a low of $13.5 million in Q1 2026.
- A 5-year average of $17.4 million and a median of $17.4 million in 2023 frame the typical range for Operating Leases.
- Annual changes were most pronounced in 2024 — Operating Leases grew 12.61% — and 2025, when it slipped 28.62%.
- Tracing HCAT's Operating Leases over 5 years: stood at $21.5 million in 2022, then declined by 17.6% to $17.7 million in 2023, then grew by 12.61% to $19.9 million in 2024, then fell by 28.62% to $14.2 million in 2025, then dropped by 5.11% to $13.5 million in 2026.
- The last three Operating Leases figures came in at $13.5 million (Q1 2026), $14.2 million (Q4 2025), and $15.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Veeva Systems | 39.72 Bn | 32.40 Bn | 662.02 Mn |
| 2 | BrightSpring Health Services | 12.19 Bn | 11.64 Bn | 492.75 Mn |
| 3 | Healthequity | 8.79 Bn | 8.52 Bn | 256.31 Mn |
| 4 | 10x Genomics | 7.31 Bn | 6.76 Bn | 112.50 Mn |
| 5 | Hinge Health | 7.10 Bn | 6.71 Bn | 183.95 Mn |
| 6 | MiniMed | 5.66 Bn | 5.36 Bn | 480.00 Mn |
| 7 | Waystar Holding | 4.76 Bn | 4.56 Bn | 221.99 Mn |
| 8 | Doximity | 4.46 Bn | 3.77 Bn | 132.93 Mn |
| 9 | Heartflow | 3.66 Bn | 3.28 Bn | 53.19 Mn |
| 10 | Health Catalyst | 138.20 Mn | 34.76 Mn | 34.86 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 12.80 Mn |
| Mar 31, 2026 | 13.48 Mn |
| Dec 31, 2025 | 14.21 Mn |
| Sep 30, 2025 | 15.13 Mn |
| Jun 30, 2025 | 15.88 Mn |
| Mar 31, 2025 | 15.75 Mn |
| Dec 31, 2024 | 19.91 Mn |
| Sep 30, 2024 | 15.97 Mn |
| Jun 30, 2024 | 16.54 Mn |
| Mar 31, 2024 | 17.11 Mn |
| Dec 31, 2023 | 17.68 Mn |
| Sep 30, 2023 | 18.23 Mn |
| Jun 30, 2023 | 18.78 Mn |
| Mar 31, 2023 | 17.45 Mn |
| Dec 31, 2022 | 21.45 Mn |
| Sep 30, 2022 | 18.59 Mn |
| Jun 30, 2022 | 19.14 Mn |
| Mar 31, 2022 | 19.70 Mn |
| Dec 31, 2021 | 20.24 Mn |
| Sep 30, 2021 | 21.95 Mn |