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

Health Catalyst (HCAT) posted Operating Leases of $13.5 million for Q1 2026, down 5.11% on a QoQ basis from $14.2 million in Q4 2025, and down 14.41% year-over-year from $15.8 million in Q1 2025.

Health Catalyst (HCAT) Operating Leases (2018 - 2026) Analysis & Trends

Health Catalyst's Operating Leases history runs 9 years deep, the most recent figure standing at $13.5 million for 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 was $13.5 million for Q1 2026 at Health Catalyst, down from $14.2 million in the prior quarter.
  • Across five years, Operating Leases topped out at $21.5 million in Q4 2022 and bottomed at $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 gained 12.61% — and 2025, when it fell 28.62%.
  • Health Catalyst's Operating Leases stood at $21.5 million in 2022, then retreated by 17.6% to $17.7 million in 2023, then rose by 12.61% to $19.9 million in 2024, then decreased by 28.62% to $14.2 million in 2025, then fell by 5.11% to $13.5 million in 2026.
  • Business Quant data shows HCAT's Operating Leases at $13.5 million in Q1 2026, $14.2 million in Q4 2025, and $15.1 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Veeva Systems 32.25 Bn 24.94 Bn 662.02 Mn
2 BrightSpring Health Services 14.65 Bn 13.75 Bn 482.22 Mn
3 Healthequity 8.42 Bn 8.15 Bn 256.31 Mn
4 Hinge Health 5.97 Bn 5.65 Bn 154.23 Mn
5 10x Genomics 5.90 Bn 5.36 Bn 106.18 Mn
6 MiniMed 4.51 Bn 4.21 Bn 480.00 Mn
7 Waystar Holding 4.47 Bn 4.41 Bn 216.84 Mn
8 Doximity 3.97 Bn 3.22 Bn 125.97 Mn
9 Privia Health 3.12 Bn 2.70 Bn -
10 Health Catalyst 157.53 Mn 48.70 Mn 35.46 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 22.50 Mn