Health Catalyst (HCAT) Revenue (2018 - 2026)
Health Catalyst (HCAT) posted Revenue of $70.8 million for Q1 2026, down 5.25% on a QoQ basis from $74.7 million in Q4 2025, and down 10.9% year-over-year from $79.4 million in Q1 2025.
Health Catalyst (HCAT) Revenue (2018 - 2026) Analysis & Trends
Health Catalyst's Revenue history runs 9 years deep, the most recent figure standing at $70.8 million for Q1 2026.
- Quarterly Revenue fell 10.9% year-over-year to $70.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $302.5 million (down 2.83% YoY) and the FY2025 annual result came in at $311.1 million, up 1.48% from the prior year.
- Revenue was $70.8 million for Q1 2026 at Health Catalyst, down from $74.7 million in the prior quarter.
- Across five years, Revenue topped out at $80.7 million in Q2 2025 and bottomed at $68.1 million in Q1 2022.
- A 5-year average of $74.2 million and a median of $74.7 million in 2025 frame the typical range for Revenue.
- Annual changes were most pronounced in 2022 — Revenue grew 21.92% — and 2026, when it dropped 10.9%.
- Health Catalyst's Revenue stood at $69.2 million in 2022, then grew by 8.56% to $75.1 million in 2023, then climbed by 6.02% to $79.6 million in 2024, then declined by 6.19% to $74.7 million in 2025, then fell by 5.25% to $70.8 million in 2026.
- Business Quant data shows HCAT's Revenue at $70.8 million in Q1 2026, $74.7 million in Q4 2025, and $76.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 31.61 Bn | 24.30 Bn | 662.02 Mn | 882.95 Mn |
| 2 | BrightSpring Health Services | 14.73 Bn | 13.83 Bn | 482.22 Mn | 3.61 Bn |
| 3 | Healthequity | 8.26 Bn | 8.00 Bn | 256.31 Mn | 354.64 Mn |
| 4 | Hinge Health | 5.90 Bn | 5.58 Bn | 154.23 Mn | 182.31 Mn |
| 5 | 10x Genomics | 5.90 Bn | 5.36 Bn | 106.18 Mn | 150.84 Mn |
| 6 | MiniMed | 4.52 Bn | 4.22 Bn | 480.00 Mn | 837.00 Mn |
| 7 | Waystar Holding | 4.42 Bn | 4.36 Bn | 216.84 Mn | 313.87 Mn |
| 8 | Doximity | 3.93 Bn | 3.18 Bn | 125.97 Mn | 145.37 Mn |
| 9 | Privia Health | 3.17 Bn | 2.75 Bn | - | 603.85 Mn |
| 10 | Health Catalyst | 153.53 Mn | 44.71 Mn | 35.46 Mn | 70.76 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 70.76 Mn |
| Dec 31, 2025 | 74.68 Mn |
| Sep 30, 2025 | 76.32 Mn |
| Jun 30, 2025 | 80.72 Mn |
| Mar 31, 2025 | 79.41 Mn |
| Dec 31, 2024 | 79.61 Mn |
| Sep 30, 2024 | 76.35 Mn |
| Jun 30, 2024 | 75.90 Mn |
| Mar 31, 2024 | 74.72 Mn |
| Dec 31, 2023 | 75.08 Mn |
| Sep 30, 2023 | 73.77 Mn |
| Jun 30, 2023 | 73.21 Mn |
| Mar 31, 2023 | 73.87 Mn |
| Dec 31, 2022 | 69.16 Mn |
| Sep 30, 2022 | 68.35 Mn |
| Jun 30, 2022 | 70.63 Mn |
| Mar 31, 2022 | 68.09 Mn |
| Dec 31, 2021 | 64.72 Mn |
| Sep 30, 2021 | 61.74 Mn |
| Jun 30, 2021 | 59.63 Mn |