Healthcare Triangle (HCTI) Operating Expenses (2020 - 2026)
Healthcare Triangle recorded quarterly Operating Expenses of $6.0 million in Q1 2026, up 23.0% quarter-over-quarter from $4.9 million in Q4 2025, and up 248.35% year-over-year from $1.7 million in Q1 2025.
Healthcare Triangle's Operating Expenses history runs 7 years deep, the most recent figure standing at $6.0 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 248.35% year-over-year to $6.0 million; the TTM figure through Mar 2026 stood at $16.0 million (up 140.28% YoY), while the FY2025 annual figure 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.
- A 5-year average of $4.0 million and a median of $3.2 million in 2023 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses sank 76.79% in 2023 and jumped 548.67% in 2025, its largest moves.
- Healthcare Triangle's Operating Expenses stood at $12.5 million in 2022, then slumped by 76.79% to $2.9 million in 2023, then plunged by 73.97% to $754000.0 in 2024, then surged by 548.67% to $4.9 million in 2025, then rose by 23.0% to $6.0 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $6.0 million, $4.9 million, and $3.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 30.85 Bn | 24.28 Bn | 622.47 Mn | 376.60 Mn |
| 2 | BrightSpring Health Services | 12.29 Bn | 11.41 Bn | 482.22 Mn | 360.77 Mn |
| 3 | Healthequity | 7.80 Bn | 7.48 Bn | 256.31 Mn | 153.36 Mn |
| 4 | Hinge Health | 4.82 Bn | 4.51 Bn | 154.23 Mn | 122.16 Mn |
| 5 | Doximity | 4.21 Bn | 3.46 Bn | 125.97 Mn | 101.14 Mn |
| 6 | Waystar Holding | 4.18 Bn | 4.03 Bn | 268.04 Mn | 233.41 Mn |
| 7 | 10x Genomics | 3.78 Bn | 3.24 Bn | 106.18 Mn | 123.22 Mn |
| 8 | Privia Health | 2.65 Bn | 2.28 Bn | 595.71 Mn | 596.43 Mn |
| 9 | Omnicell | 1.95 Bn | 1.78 Bn | 140.36 Mn | 123.51 Mn |
| 10 | Healthcare Triangle | 2.36 Mn | -2.01 Mn | 2.39 Mn | 6.02 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Mar 31, 2021 | 2.02 Mn |
| Dec 31, 2020 | 385,364.00 |
| Sep 30, 2020 | 1.13 Mn |