Healthcare Triangle (HCTI) Gross Margin (2020 - 2026)
Healthcare Triangle's (HCTI) quarterly Gross Margin came in at 24.28% in Q1 2026, up 1540.0% year-on-year from 1.48% in Q1 2025, and down 63.12% quarter-over-quarter from 65.85% in Q4 2025.
Healthcare Triangle (HCTI) Gross Margin (2020 - 2026) Analysis & Trends
Healthcare Triangle has disclosed Gross Margin across 7 years of filings, most recently posting 24.28% for Q1 2026.
- Gross Margin for Q1 2026 came in at 24.28%, up 1540.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 40.02% (down 6325.0% YoY), and the FY2025 annual result 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.
- The 5-year median for Gross Margin is 28.69% (2022), against an average of 77.81%.
- Across the five-year window, Gross Margin surged 31377 bps in 2023 and tumbled 24735 bps in 2025, its largest moves.
- Healthcare Triangle's Gross Margin stood at 16.06% in 2022, then surged by 1953 bps to 329.83% in 2023, then retreated by 5 bps to 313.2% in 2024, then sank by 79 bps to 65.85% in 2025, then sank by 63 bps to 24.28% in 2026.
- The last three Gross Margin figures came in at 24.28% (Q1 2026), 65.85% (Q4 2025), and 17.71% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 24.83 Bn | 17.52 Bn | 662.02 Mn | 74.98% |
| 2 | BrightSpring Health Services | 13.57 Bn | 12.69 Bn | 482.22 Mn | 13.34% |
| 3 | Healthequity | 7.20 Bn | 6.93 Bn | 256.31 Mn | 72.27% |
| 4 | Hinge Health | 5.42 Bn | 5.11 Bn | 154.23 Mn | 84.60% |
| 5 | 10x Genomics | 4.46 Bn | 3.92 Bn | 106.18 Mn | 70.39% |
| 6 | Doximity | 3.81 Bn | 3.06 Bn | 125.97 Mn | 86.65% |
| 7 | Waystar Holding | 3.52 Bn | 3.36 Bn | 268.04 Mn | 85.40% |
| 8 | Privia Health | 2.94 Bn | 2.57 Bn | 595.71 Mn | 98.65% |
| 9 | Omnicell | 1.76 Bn | 1.59 Bn | 140.36 Mn | 45.30% |
| 10 | Healthcare Triangle | 2.10 Mn | -2.27 Mn | 2.39 Mn | 24.28% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 24.28% |
| Dec 31, 2025 | 65.85% |
| Sep 30, 2025 | 17.71% |
| Jun 30, 2025 | 82.69% |
| Mar 31, 2025 | 8.88% |
| Dec 31, 2024 | 313.20% |
| Sep 30, 2024 | 87.82% |
| Jun 30, 2024 | 78.85% |
| Mar 31, 2024 | 24.68% |
| Dec 31, 2023 | 329.83% |
| Sep 30, 2023 | 85.85% |
| Jun 30, 2023 | 22.84% |
| Mar 31, 2023 | 82.10% |
| Dec 31, 2022 | 16.06% |
| 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% |