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
DateValue
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