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

Healthcare Triangle (HCTI) reported Net Margin of 64.33% for Q1 2026, down 1844.0% on a YoY basis from 3.69% in Q1 2025, and down 142.36% sequentially from 151.86% in Q4 2025.

Healthcare Triangle (HCTI) Net Margin (2020 - 2026) Analysis & Trends

Healthcare Triangle (HCTI) has 7 years of Net Margin data on file, last reported at 64.33% in Q1 2026.

  • For the quarter ending Q1 2026, Net Margin fell 1844.0% year-over-year to 64.33%; the trailing twelve-month figure through Mar 2026 stood at 5.16% (up 26.0% YoY), and the FY2025 full-year result was 67.87%, up 1684.0% from the prior year.
  • Net Margin fell to 64.33% in Q1 2026, from 151.86% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 151.86% in Q4 2025 to a low of 85.04% in Q4 2022.
  • A 5-year average of 9.07% and a median of 23.78% in 2023 frame the typical range for Net Margin.
  • Across the five-year window, Net Margin sank 4753 bps in 2022 and jumped 9031 bps in 2025, its largest moves.
  • Tracing HCTI's Net Margin over 5 years: stood at 85.04% in 2022, then jumped by 72 bps to 23.78% in 2023, then jumped by 359 bps to 61.55% in 2024, then surged by 147 bps to 151.86% in 2025, then slumped by 142 bps to 64.33% in 2026.
  • Business Quant data shows HCTI's Net Margin at 64.33% in Q1 2026, 151.86% in Q4 2025, and 54.63% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Veeva Systems 31.81 Bn 24.49 Bn 662.02 Mn 29.55%
2 BrightSpring Health Services 14.76 Bn 13.86 Bn 482.22 Mn 4.12%
3 Healthequity 8.36 Bn 8.10 Bn 256.31 Mn 19.57%
4 Hinge Health 5.91 Bn 5.60 Bn 154.23 Mn 18.66%
5 10x Genomics 5.89 Bn 5.35 Bn 106.18 Mn -8.93%
6 MiniMed 4.45 Bn 4.16 Bn 480.00 Mn -22.10%
7 Waystar Holding 4.41 Bn 4.35 Bn 216.84 Mn 13.79%
8 Doximity 3.93 Bn 3.18 Bn 125.97 Mn 13.15%
9 Privia Health 3.10 Bn 2.68 Bn - 0.61%
10 Healthcare Triangle 1.57 Mn -2.75 Mn 2.39 Mn -64.33%

Historic Data

Download Data
DateValue
Mar 31, 2026 -64.33%
Dec 31, 2025 151.86%
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 -37.51%
Sep 30, 2021 -24.66%
Jun 30, 2021 3.02%