Health Catalyst (HCAT) Revenue (2018 - 2026)
Health Catalyst's (HCAT) quarterly Revenue came in at $70.8 million in Q1 2026, down 10.9% YoY from $79.4 million in Q1 2025, and down 5.25% on a QoQ basis from $74.7 million in Q4 2025.
Health Catalyst (HCAT) Revenue (2018 - 2026) Analysis & Trends
Health Catalyst (HCAT) has 9 years of Revenue data on file, last reported at $70.8 million in 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 fell to $70.8 million in Q1 2026, from $74.7 million in the prior quarter.
- In the past five years, Revenue ranged from a high of $80.7 million in Q2 2025 to a low of $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 gained 21.92% — and 2026, when it retreated 10.9%.
- Tracing HCAT's Revenue over 5 years: stood at $69.2 million in 2022, then advanced by 8.56% to $75.1 million in 2023, then gained by 6.02% to $79.6 million in 2024, then slipped by 6.19% to $74.7 million in 2025, then dropped by 5.25% to $70.8 million in 2026.
- The last three Revenue figures came in at $70.8 million (Q1 2026), $74.7 million (Q4 2025), and $76.3 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 39.72 Bn | 32.40 Bn | 662.02 Mn | 882.95 Mn |
| 2 | BrightSpring Health Services | 12.19 Bn | 11.64 Bn | 492.75 Mn | 3.87 Bn |
| 3 | Healthequity | 8.79 Bn | 8.52 Bn | 256.31 Mn | 354.64 Mn |
| 4 | 10x Genomics | 7.31 Bn | 6.76 Bn | 112.50 Mn | 151.04 Mn |
| 5 | Hinge Health | 7.10 Bn | 6.71 Bn | 183.95 Mn | 212.82 Mn |
| 6 | MiniMed | 5.66 Bn | 5.36 Bn | 480.00 Mn | 837.00 Mn |
| 7 | Waystar Holding | 4.76 Bn | 4.56 Bn | 221.99 Mn | 319.67 Mn |
| 8 | Doximity | 4.46 Bn | 3.77 Bn | 132.93 Mn | 156.62 Mn |
| 9 | Heartflow | 3.66 Bn | 3.28 Bn | 53.19 Mn | 64.08 Mn |
| 10 | Health Catalyst | 138.20 Mn | 34.76 Mn | 34.86 Mn | 70.49 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 70.49 Mn |
| 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 |