Health Catalyst (HCAT) Tax Rate (2018 - 2026)
Health Catalyst's (HCAT) quarterly Tax Rate came in at 0.37% in Q1 2026, up 54.0% YoY from 0.24% in Q1 2025, and up 10.48% on a QoQ basis from 0.42% in Q4 2025.
Health Catalyst (HCAT) Tax Rate (2018 - 2026) Analysis & Trends
Health Catalyst (HCAT) has 9 years of Tax Rate data on file, last reported at 0.37% in Q1 2026.
- Quarterly Tax Rate rose 54.0% year-over-year to 0.37% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.35% (up 26.0% YoY) and the FY2025 annual result came in at 0.4%, up 8.0% from the prior year.
- Tax Rate climbed to 0.37% in Q1 2026, from 0.42% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 13.84% in Q1 2022 to a low of 3.12% in Q4 2024.
- A 5-year average of 0.7% and a median of 0.27% in 2023 frame the typical range for Tax Rate.
- The widest YoY moves for Tax Rate: up 1420 bps in 2022, down 1461 bps in 2022.
- Tracing HCAT's Tax Rate over 5 years: stood at 0.06% in 2022, then plunged by 747 bps to 0.47% in 2023, then slumped by 558 bps to 3.12% in 2024, then jumped by 87 bps to 0.42% in 2025, then climbed by 10 bps to 0.37% in 2026.
- The last three Tax Rate figures came in at 0.37% (Q1 2026), 0.42% (Q4 2025), and 0.18% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 39.72 Bn | 32.40 Bn | 662.02 Mn | 24.92% |
| 2 | BrightSpring Health Services | 12.19 Bn | 11.64 Bn | 492.75 Mn | 7.39% |
| 3 | Healthequity | 8.79 Bn | 8.52 Bn | 256.31 Mn | 24.88% |
| 4 | 10x Genomics | 7.31 Bn | 6.76 Bn | 112.50 Mn | 3.83% |
| 5 | Hinge Health | 7.10 Bn | 6.71 Bn | 183.95 Mn | 1.67% |
| 6 | MiniMed | 5.66 Bn | 5.36 Bn | 480.00 Mn | -101.09% |
| 7 | Waystar Holding | 4.76 Bn | 4.56 Bn | 221.99 Mn | 27.54% |
| 8 | Doximity | 4.46 Bn | 3.77 Bn | 132.93 Mn | 39.76% |
| 9 | Heartflow | 3.66 Bn | 3.28 Bn | 53.19 Mn | -0.14% |
| 10 | Health Catalyst | 138.20 Mn | 34.76 Mn | 34.86 Mn | -0.78% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -0.78% |
| Jun 30, 2026 | -0.78% |
| Jun 30, 2026 | -0.78% |
| Mar 31, 2026 | -0.37% |
| Mar 31, 2026 | -0.37% |
| Mar 31, 2026 | -0.37% |
| Dec 31, 2025 | -0.42% |
| Dec 31, 2025 | -0.42% |
| Dec 31, 2025 | -0.42% |
| Sep 30, 2025 | -0.18% |
| Sep 30, 2025 | -0.18% |
| Sep 30, 2025 | -0.18% |
| Jun 30, 2025 | -0.20% |
| Jun 30, 2025 | -0.20% |
| Jun 30, 2025 | -0.20% |
| Mar 31, 2025 | -0.91% |
| Mar 31, 2025 | -0.91% |
| Mar 31, 2025 | -0.91% |
| Dec 31, 2024 | -3.12% |
| Dec 31, 2024 | -3.12% |