Healthcare Triangle (HCTI) Gross Margin (2020 - 2026)
Healthcare Triangle's Gross Margin came in at 22.48% for Q2 2026, up 8.60 percentage points from 13.88% a year earlier but down 1.80 percentage points from the prior quarter.
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Analysis
Healthcare Triangle (HCTI) Gross Margin (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Healthcare Triangle reported Gross Margin of 21.52%, up 6.34 percentage points year-over-year; for FY2025, it was 13.61%, down 11.10 percentage points from FY2024.
- Gross Margin carries a five-year change of -13.79 percentage points (FY2020 to FY2025).
- Going back by year, Gross Margin was 24.71% in FY2024 (+4.30 pp), 20.41% in FY2023 (-4.20 pp), 24.62% in FY2022 (-5.22 pp) and 29.83% in FY2021 (+2.44 pp).
- The five-year range for quarterly Gross Margin is 8.88% (Q1 2025) to 33.75% (Q3 2021).
- Year-over-year, Gross Margin has increased for three consecutive quarters, with an average year-over-year change of -2.45 percentage points over the last eight quarters.
- The fastest year-over-year change in Gross Margin over five years came in Q1 2026 (a gain of 15.40 percentage points), and the weakest in Q2 2025 (a drop of 16.21 percentage points).
- Business Quant data shows HCTI's Gross Margin at 24.28% (Q1 2026), 14.27% (Q4 2025) and 17.71% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 322.94 Bn | 308.02 Bn | 2.30 Bn | 67.57% |
| 2 | CrowdStrike Holdings | 272.46 Bn | 252.90 Bn | 1.10 Bn | 74.57% |
| 3 | Fortinet | 131.11 Bn | 117.04 Bn | 1.64 Bn | 80.24% |
| 4 | Snowflake | 120.49 Bn | 107.81 Bn | 1.04 Bn | 67.02% |
| 5 | Datadog | 99.24 Bn | 80.88 Bn | 881.34 Mn | 78.59% |
| 6 | Okta | 35.54 Bn | 25.63 Bn | 641.00 Mn | 79.63% |
| 7 | Axon Enterprise | 34.30 Bn | 28.82 Bn | 546.45 Mn | 60.42% |
| 8 | Zscaler | 32.41 Bn | 18.53 Bn | - | - |
| 9 | Baidu | 29.12 Bn | -44.51 Bn | 1.47 Mn | 0.03% |
| 10 | Healthcare Triangle | 1.96 Mn | -13.60 Mn | 2.07 Mn | 22.48% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 22.48% |
| Mar 31, 2026 | 24.28% |
| Dec 31, 2025 | 14.27% |
| Sep 30, 2025 | 17.71% |
| Jun 30, 2025 | 13.88% |
| Mar 31, 2025 | 8.88% |
| Dec 31, 2024 | 11.69% |
| Sep 30, 2024 | 29.92% |
| Jun 30, 2024 | 30.09% |
| Mar 31, 2024 | 24.68% |
| Dec 31, 2023 | 21.67% |
| Sep 30, 2023 | 21.94% |
| Jun 30, 2023 | 22.84% |
| Mar 31, 2023 | 16.19% |
| 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% |
API Access
Healthcare Triangle Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=HCTI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "HCTI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=HCTI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();