Growth Metrics

Healthcare Triangle (HCTI) Gross Margin (2020 - 2026)

Healthcare Triangle recorded quarterly Gross Margin of 24.28% in Q1 2026, down 63.12% quarter-over-quarter from 65.85% in Q4 2025, and up 1540.0% year-over-year from 1.48% in Q1 2025.

Healthcare Triangle's Gross Margin history runs 7 years deep, the most recent figure standing at 24.28% for Q1 2026.

  • In Q1 2026, Gross Margin rose 1540.0% year-over-year to 24.28%; the TTM figure through Mar 2026 stood at 40.02% (down 6325.0% YoY), while the FY2025 annual figure was 13.61%, down 1110.0% from the prior year.
  • Gross Margin came in at 24.28% for Q1 2026 at Healthcare Triangle, down from 65.85% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 329.83% in Q4 2023 to a low of 8.88% in Q1 2025.
  • A 5-year average of 77.81% and a median of 28.69% in 2022 frame the typical range for Gross Margin.
  • Across the five-year window, Gross Margin soared 31377 bps in 2023 and slumped 24735 bps in 2025, its largest moves.
  • Healthcare Triangle's Gross Margin stood at 16.06% in 2022, then soared by 1953 bps to 329.83% in 2023, then decreased by 5 bps to 313.2% in 2024, then plunged by 79 bps to 65.85% in 2025, then plunged by 63 bps to 24.28% in 2026.
  • According to Business Quant data, Gross Margin over the past three periods registered 24.28%, 65.85%, and 17.71% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Veeva Systems 30.85 Bn 24.28 Bn 622.47 Mn 74.46%
2 BrightSpring Health Services 12.29 Bn 11.41 Bn 482.22 Mn 13.34%
3 Healthequity 7.80 Bn 7.48 Bn 256.31 Mn 72.27%
4 Hinge Health 4.82 Bn 4.51 Bn 154.23 Mn 84.60%
5 Doximity 4.21 Bn 3.46 Bn 125.97 Mn 86.65%
6 Waystar Holding 4.18 Bn 4.03 Bn 268.04 Mn 85.40%
7 10x Genomics 3.78 Bn 3.24 Bn 106.18 Mn 70.39%
8 Privia Health 2.65 Bn 2.28 Bn 595.71 Mn 98.65%
9 Omnicell 1.95 Bn 1.78 Bn 140.36 Mn 45.30%
10 Healthcare Triangle 2.36 Mn -2.01 Mn 2.39 Mn 24.28%

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 24.28%
Dec 31, 2025 -218.22%
Sep 30, 2025 17.71%
Jun 30, 2025 13.88%
Mar 31, 2025 8.88%
Dec 31, 2024 81.96%
Sep 30, 2024 87.82%
Jun 30, 2024 30.09%
Mar 31, 2024 78.51%
Dec 31, 2023 88.92%
Sep 30, 2023 85.85%
Jun 30, 2023 22.84%
Mar 31, 2023 16.19%
Dec 31, 2022 263.51%
Sep 30, 2022 28.69%
Jun 30, 2022 27.26%
Mar 31, 2022 26.18%
Dec 31, 2021 24.70%
Sep 30, 2021 33.75%
Jun 30, 2021 33.29%
Mar 31, 2021 27.41%
Dec 31, 2020 26.73%
Sep 30, 2020 27.20%