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

Healthcare Triangle (HCTI) reported Operating Expenses of $6.0 million for Q1 2026, up 248.35% on a YoY basis from $1.7 million in Q1 2025, and up 23.0% sequentially from $4.9 million in Q4 2025.

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

Healthcare Triangle (HCTI) has 7 years of Operating Expenses data on file, last reported at $6.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 248.35% year-over-year to $6.0 million; the trailing twelve-month figure through Mar 2026 stood at $16.0 million (up 140.28% YoY), and the FY2025 full-year result was $11.7 million, up 52.85% from the prior year.
  • Operating Expenses improved to $6.0 million in Q1 2026, 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 plunged 76.79% in 2023 and soared 548.67% in 2025, its largest moves.
  • Tracing HCTI's Operating Expenses over 5 years: stood at $12.5 million in 2022, then plunged by 76.79% to $2.9 million in 2023, then slumped by 73.97% to $754000.0 in 2024, then soared by 548.67% to $4.9 million in 2025, then grew by 23.0% to $6.0 million in 2026.
  • Business Quant data shows HCTI's Operating Expenses at $6.0 million in Q1 2026, $4.9 million in Q4 2025, and $3.2 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Veeva Systems 31.78 Bn 24.46 Bn 662.02 Mn 388.91 Mn
2 BrightSpring Health Services 14.61 Bn 13.71 Bn 482.22 Mn 360.77 Mn
3 Healthequity 8.33 Bn 8.06 Bn 256.31 Mn 153.36 Mn
4 Hinge Health 5.94 Bn 5.63 Bn 154.23 Mn 122.16 Mn
5 10x Genomics 5.84 Bn 5.30 Bn 106.18 Mn 123.22 Mn
6 MiniMed 4.52 Bn 4.22 Bn 480.00 Mn 398.00 Mn
7 Waystar Holding 4.46 Bn 4.40 Bn 216.84 Mn 233.41 Mn
8 Doximity 3.94 Bn 3.19 Bn 125.97 Mn 101.14 Mn
9 Privia Health 3.15 Bn 2.73 Bn - 596.43 Mn
10 Healthcare Triangle 1.46 Mn -2.85 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