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
DateValue
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%