Healthcare Triangle (HCTI) Operating Expenses (2020 - 2026)

Healthcare Triangle's (HCTI) quarterly Operating Expenses came in at $6.0 million in Q1 2026, up 248.35% year-on-year from $1.7 million in Q1 2025, and up 23.0% quarter-over-quarter from $4.9 million in Q4 2025.

Healthcare Triangle (HCTI) Operating Expenses (2020 - 2026) Analysis & Trends

Healthcare Triangle has disclosed Operating Expenses across 7 years of filings, most recently posting $6.0 million for Q1 2026.

  • Operating Expenses for Q1 2026 came in at $6.0 million, up 248.35% year-over-year; the trailing twelve-month figure through Mar 2026 was $16.0 million (up 140.28% YoY), and the FY2025 annual result was $11.7 million, up 52.85% from the prior year.
  • Operating Expenses came in at $6.0 million for Q1 2026 at Healthcare Triangle, up from $4.9 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $12.5 million in Q4 2022 to a low of $754000.0 in Q4 2024.
  • The 5-year median for Operating Expenses is $3.2 million (2023), against an average of $4.0 million.
  • Across the five-year window, Operating Expenses slumped 76.79% in 2023 and soared 548.67% in 2025, its largest moves.
  • Healthcare Triangle's Operating Expenses stood at $12.5 million in 2022, then tumbled by 76.79% to $2.9 million in 2023, then sank by 73.97% to $754000.0 in 2024, then jumped by 548.67% to $4.9 million in 2025, then increased by 23.0% to $6.0 million in 2026.
  • The last three Operating Expenses figures came in at $6.0 million (Q1 2026), $4.9 million (Q4 2025), and $3.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Veeva Systems 24.83 Bn 17.52 Bn 662.02 Mn 388.91 Mn
2 BrightSpring Health Services 13.57 Bn 12.69 Bn 482.22 Mn 360.77 Mn
3 Healthequity 7.20 Bn 6.93 Bn 256.31 Mn 153.36 Mn
4 Hinge Health 5.42 Bn 5.11 Bn 154.23 Mn 122.16 Mn
5 10x Genomics 4.46 Bn 3.92 Bn 106.18 Mn 123.22 Mn
6 Doximity 3.81 Bn 3.06 Bn 125.97 Mn 101.14 Mn
7 Waystar Holding 3.52 Bn 3.36 Bn 268.04 Mn 233.41 Mn
8 Privia Health 2.94 Bn 2.57 Bn 595.71 Mn 596.43 Mn
9 Omnicell 1.76 Bn 1.59 Bn 140.36 Mn 123.51 Mn
10 Healthcare Triangle 2.10 Mn -2.27 Mn 2.39 Mn 6.02 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 6.02 Mn
Dec 31, 2025 4.89 Mn
Sep 30, 2025 3.21 Mn
Jun 30, 2025 1.85 Mn
Mar 31, 2025 1.73 Mn
Dec 31, 2024 754,000.00
Sep 30, 2024 1.89 Mn
Jun 30, 2024 2.28 Mn
Mar 31, 2024 2.73 Mn
Dec 31, 2023 2.90 Mn
Sep 30, 2023 3.23 Mn
Jun 30, 2023 3.54 Mn
Mar 31, 2023 4.80 Mn
Dec 31, 2022 12.48 Mn
Sep 30, 2022 5.68 Mn
Jun 30, 2022 4.59 Mn
Mar 31, 2022 4.87 Mn
Dec 31, 2021 5.61 Mn
Sep 30, 2021 4.50 Mn
Jun 30, 2021 2.88 Mn