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| Date | Value |
|---|---|
| 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% |