Growth Metrics

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

Healthcare Triangle recorded quarterly Net Margin of 64.33% in Q1 2026, down 145.33% quarter-over-quarter from 141.92% in Q4 2025, and down 1844.0% year-over-year from 3.69% in Q1 2025.

Healthcare Triangle's Net Margin history runs 7 years deep, the most recent figure standing at 64.33% for Q1 2026.

  • In Q1 2026, Net Margin fell 1844.0% year-over-year to 64.33%; the TTM figure through Mar 2026 stood at 23.89% (up 2932.0% YoY), while the FY2025 annual figure was 67.87%, up 1684.0% from the prior year.
  • Net Margin came in at 64.33% for Q1 2026 at Healthcare Triangle, down from 141.92% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 141.92% in Q4 2025 to a low of 85.04% in Q4 2022.
  • A 5-year average of 9.65% and a median of 23.78% in 2023 frame the typical range for Net Margin.
  • Across the five-year window, Net Margin plunged 4755 bps in 2022 and jumped 8533 bps in 2024, its largest moves.
  • Healthcare Triangle's Net Margin stood at 85.04% in 2022, then soared by 72 bps to 23.78% in 2023, then soared by 359 bps to 61.55% in 2024, then surged by 131 bps to 141.92% in 2025, then tumbled by 145 bps to 64.33% in 2026.
  • According to Business Quant data, Net Margin over the past three periods registered 64.33%, 141.92%, and 54.63% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Veeva Systems 30.85 Bn 24.28 Bn 622.47 Mn 29.21%
2 BrightSpring Health Services 12.29 Bn 11.41 Bn 482.22 Mn 2.06%
3 Healthequity 7.80 Bn 7.48 Bn 256.31 Mn 19.57%
4 Hinge Health 4.82 Bn 4.51 Bn 154.23 Mn 18.66%
5 Doximity 4.21 Bn 3.46 Bn 125.97 Mn 13.15%
6 Waystar Holding 4.18 Bn 4.03 Bn 268.04 Mn 13.80%
7 10x Genomics 3.78 Bn 3.24 Bn 106.18 Mn -8.93%
8 Privia Health 2.65 Bn 2.28 Bn 595.71 Mn 0.61%
9 Omnicell 1.95 Bn 1.78 Bn 140.36 Mn 3.68%
10 Healthcare Triangle 2.36 Mn -2.01 Mn 2.39 Mn -64.33%

Historic Data

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DateValue
Mar 31, 2026 -64.33%
Dec 31, 2025 141.92%
Sep 30, 2025 54.63%
Jun 30, 2025 -38.45%
Mar 31, 2025 -45.90%
Dec 31, 2024 61.55%
Sep 30, 2024 51.76%
Jun 30, 2024 -50.60%
Mar 31, 2024 -45.32%
Dec 31, 2023 -23.78%
Sep 30, 2023 -24.98%
Jun 30, 2023 -20.95%
Mar 31, 2023 -33.32%
Dec 31, 2022 -85.04%
Sep 30, 2022 -19.57%
Jun 30, 2022 -3.49%
Mar 31, 2022 -18.19%
Dec 31, 2021 -37.50%
Sep 30, 2021 -24.66%
Jun 30, 2021 3.02%
Mar 31, 2021 -10.24%
Dec 31, 2020 20.86%
Sep 30, 2020 1.89%